On October 31, 2024, the vibrant city of Hong Kong welcomed a grand feast for blockchain technology enthusiasts - a unique Hackathon. The event was co-hosted by industry giants APE, Arbitrum, and DuckChain, organized by Techub News, and supported by renowned companies such as Ithaca Protocol, KUMA, Laguna Network, and Foresight News as partners.
This Hackathon was not only a competition of technology, but also a collision of ideas. It provided a valuable platform for developers from around the world to showcase their talents, exchange thoughts, and jointly promote the development and application of blockchain technology. Here, every participant was filled with a passion for technology and a pursuit of exploring the infinite possibilities of the Web3 world.
The event was full of highlights, with three main themes running through it. The APE (Ape Portal) theme focused on restarting the protocol, native production of ApeChain, and the deep integration of BAYC/ApeChain IP, bringing new challenges and opportunities for participants. The Arbitrum (Stylus Sprint) theme emphasized the deployment of Stylus contracts and provided additional rewards for projects deployed on ApeChain, igniting the limitless creativity and enthusiasm of the developers. As the first consumer layer in the TON ecosystem, the DuckChain theme was more closely aligned with consumer needs, committed to exploring solutions for mass adoption and promoting the popularization and implementation of consumer-level applications.
In this peak confrontation of technology, participants faced unprecedented challenges. They needed to successfully deploy contracts on Arbitrum (Ape chain and DuckChain are both Arbitrum Orbit), ensuring not only the stability and security of the technology, but also the smoothness and convenience of the user experience. At the same time, they also needed to consider how to promote the popularization of consumer-level applications, allowing more people to feel the convenience and charm of blockchain technology.
To ensure fair and authoritative evaluation, the jury team was composed of experts from ApeCoin DAO, Arbitrum, and DuckChain. With their rich experience and professional knowledge, they conducted a meticulous review of each participant's work and finally selected the most innovative and practical works.
Now, let's follow the words of the Techub News editor and relive the exciting moments of the event that day. From the tense and thrilling competition to the exciting awards ceremony, every moment was filled with surprises and emotions. Let's witness this peak confrontation of Web3 innovation and technology, and feel the charm and infinite possibilities of blockchain technology.
Opening speech by Apecoin GWG leader All City
Apecoin GWG leader All City detailed their technical innovations and community advantages. Based on the Non-Fungible Token (NFT) and ApeCoin ecosystem, Ape Chain emphasizes the culture of community co-creation and provides 100 million ApeCoin support for developers through the "Banana Fund". In addition, the team has launched three major development directions: non-loss betting, Twitch-like live streaming and interactive betting. It has gathered well-known community members from the cryptocurrency and NFT fields to jointly explore the potential development on the Ape Chain. The strong community support and resources of the Ape Chain attract developers to join the innovation and provide them with participation opportunities.
CARD 3-APE
The representative of CARD 3 introduced their project at the Hackathon, aiming to provide a "physical-digital" (figital) user interaction experience in Web3 through NFC technology. Their product can generate NFC cards at the event, and users can access information related to the event or rewards through their mobile phone's NFC sensing. They have collaborated with multiple Web3 communities, using this technology to enhance event interactivity, user loyalty, and solve the problem of ineffective user conversion. In addition, they emphasized that the product adopts a hot wallet design, and users do not need to connect their main wallet, which increases security.
Bettor Whale-Arbitrum
Bettor Whale's founder Jason introduced their platform Bettor Whale at the Hackathon, aiming to provide a gamified investment experience for cryptocurrency users. The platform uses AI-assisted signals, market sentiment, and other tools to help users conduct simulated trading and strategy selection in market fluctuations. Its Telegram mini-program supports real-time price prediction, signal market, and distributed wallet. Users can perform more optimized trading through staking, algorithm-supported Vaults, and AI guidance. In addition, Bettor Whale will expand user experience through competitions and new features, and has already received support from important partners and investors.
TerpLayer-APE
TerpLayer introduced its DeFi lending platform at the Hackathon, aiming to provide decentralized lending services through crypto derivatives. The platform utilizes credit risk, interest rate risk, and price risk management, combined with cross-margin functionality and flexible collateral options, to help users reduce risks. TerpLayer supports multiple assets and derivatives markets, and has established a DID system to track user creditworthiness. The team plans to further develop the platform's functionality and showcased its progress in integrating with the Ape Chain.
ITHACA PROTOCOL
Dimitrios Kavvathas of ITHACA Protocol shared the opportunity to drive rapid growth in the crypto options market through their innovative protocol, enabling the Ape community to participate. Their platform integrates basic option tools (such as call, put, and forward contracts), allowing users to create customized payoff models and flexibly manage risks. This "self-enhancing" option strategy has liquidity and transparency, suitable for DeFi and traditional financial markets. ITHACA has been online for a few weeks and is currently leading the rankings on defillama. They plan to support ApeCoin options trading next and look forward to active feedback and participation from the community.
LAGUNA NETWORK
Laguna Network's YX introduced the platform's innovative model at the Hackathon, bringing cryptocurrencies to new users rather than attracting users to join the crypto ecosystem. Users can shop through the cashback mechanism in cooperation with well-known merchants (such as Razer and Agoda) and receive cryptocurrency rewards, without the need for a wallet or seed phrase. Laguna Network plans to include ApeCoin in the reward system in 2024, benefiting the Ape community. The platform adopts the repurchase of cryptocurrencies generated by commissions from shopping to enhance the utility and value of the token, in order to attract more users to join the crypto market.
Qin Dynasty Awakening
At the Hackathon event, Joyce Zhou introduced the immersive project "Qin Tide Awakening" in detail. The project combines Chinese culture, the background of the Qin Shi Huang era, and the mysterious elements of the "Classic of Mountains and Seas" using VR technology to allow users to experience an interactive cinematic world, creating an immersive experience across time and space. "Qin Tide Awakening" adopts the IP+RWA innovative model to solve the problems of price fluctuations and lack of user confidence, reducing the user participation threshold, and blockchain technology also ensures the transparency and security of transactions. Since its opening, the project has sold more than 50,000 tickets, with box office revenue exceeding 10 million yuan, showing strong market performance.
In addition, Joyce also shared the multi-dimensional expansion of "Qin Tide Awakening" in the fields of Non-Fungible Tokens (NFTs), chain games, and hardware, and plans to conduct private equity financing in Q4 of 2024 to further enhance the project's appeal. As a comprehensive IP ecosystem, "Qin Tide Awakening" demonstrates the innovative practice and overseas market potential of Chinese culture in the metaverse and Web3 domains. Joyce's sharing not only helped the audience better understand the unique charm of this project, but also opened up new possibilities for cultural going global and immersive experiences.
UStars-Duck
At today's Hackathon, the UStars representative introduced its innovative Telegram Stars ecosystem. The UStars platform allows users to directly exchange the Telegram Stars obtained through gifting or community activities for USDT, and realizes the instant exchange of stablecoins, avoiding the risk of price fluctuations in traditional exchanges. The platform supports multiple wallets and is committed to cross-chain support, connecting Bitcoin, Ethereum and other blockchain networks, providing users with convenient asset cross-chain and value-added services. The project plans to launch the MVP in Q4 this year and expand vertically and horizontally in the TON ecosystem.
Round Table Discussion: Community Building
Moderator: HAZEL, founder of the BAYC Chinese community and founder of MOCACN; Guests: NIC, founder of NOUNSCN & CRYPTO PUNKS CN, SUBVERT, founder of COOL CATS HK, GOLDY, founder of 852 GARDEN, DL, founder of MOCA HK, WINCHMAN, founder of 852 WEB3.
The round table discussion focused on the theme of "community building", moderated by HAZEL (founder of the BAYC Chinese community). The invited guests were NIC, SUBVERT, GOLDY, DL and WINCHMAN, who are well-known community builders in Hong Kong.
During the meeting, the guests shared their experiences in participating in community building, emphasizing that community building starts with common interests and values, and the power of the community lies in its ability to gather like-minded people. They unanimously believe that the core of community building is values, and there needs to be a center to guide the development of the community.
At the same time, the guests also discussed how to maintain the vitality of the community and prevent member loss. They believe that the most important thing is the sincere sharing and exchange among members, rather than pure interest relationships. In addition, they also discussed the exchange and cooperation between different communities, believing that this helps members understand other projects and broaden their horizons.
Finally, the guests stated that although each community has different characteristics and positioning, by jointly organizing activities, they can promote exchanges and interactions among members, and enhance the cohesion of the community. They called for more communities to actively participate in this, jointly promoting the development of Hong Kong's community building. The entire meeting ended in a pleasant atmosphere, providing new ideas and insights for community building.
Jackbot-Arbitrum
Jackbot is a Web3 project that combines classic poker and other games, providing a risk-free "free to win" gameplay, including daily roulette and multiplayer competitions. The platform supports Non-Fungible Tokens (NFTs), has added AI analysis functions to provide players with game strategy feedback. The project focuses on long-lived traditional games, enhancing the experience through Web3 technology, has 10 million users, and is gradually expanding to Web3. The NFT design has social attributes, supports public welfare activities, and promotes environmental protection projects. The team members come from around the world and have rich experience in the gaming industry.
BridgeM-Duck
At today's Hackathon, the BridgeM representative introduced its bridge technology dedicated to cross-chain liquidity, connecting the Layer 2 ecosystem of Bitcoin and Ethereum, and will further expand to support other EVM-compatible networks, accessing the first consumer-layer project DuckChain in the TON ecosystem.
Unlike traditional cross-chain bridges, BridgeM, through modular design, helps new chains attract users and funds, providing users with high-yield returns, and combining airdrops and protocol revenue sharing. Through its unique LP pool and staking mechanism, BridgeM solves the problem of cross-chain asset flow, creating more earning opportunities for Bitcoin and other holders.
Uniland -APE
In the Hackathon presentation, the Uniland representative introduced their projects in the fields of art economics and intellectual property management, aiming to provide asset management support for artists. They demonstrated Uniland's two-layer protocol structure: the first layer handles encryption and copyright protection, and the second layer focuses on applications and financial tools. The project includes artist tokenization, asset launch platform, and cross-chain liquidity solutions. The team is committed to enhancing the monetization of artworks through blockchain, AI and Non-Fungible Tokens (NFTs), and promoting the liquidity of virtual assets to support the art industry.
Let Me Guess -APE
The project represents the speech at the hackathon focusing on its skill-based gaming platform, aiming to provide a dedicated betting platform for niche gamers. They pointed out that the global skill-based gaming market size will reach $35.6 billion in 2024 and is expected to grow to $676 billion by 2030, especially the rapid growth in the esports sector. The platform, through community-building and simple construction tools, allows users to easily create customized betting spaces, and feeds back a portion of the transaction fees to the community, forming a self-sustaining ecosystem. Currently, they are still in the rapid prototyping stage, looking forward to user feedback to optimize the visual and user experience of the platform.
XENO BUNNY-Arbitrum
The project represents the speech at the hackathon introducing the XENO BUNNY project, a multi-chain strategy game combining DeFi elements, aiming to enhance the player's interactive experience through dynamic gameplay and innovative economic systems. The gameplay includes card battles, land battles, cross-chain adventures, and enhances the rewards through the interaction of Non-Fungible Token (NFT) cards and land NFTs, forming a multi-layered ecosystem. The speech also emphasized the community value and the project's unique experience in NFT cross-chain. Finally, the representative hopes to collaborate with ApeCoin and other partners to promote the common development of the multi-chain community.
Apecoin GWG LeaderAll CitySpeech
All City introduced the revival of Non-Fungible Tokens (NFTs) on Ape Chain, emphasizing its community importance and rapid growth, with a recent surge in trading volume. Ape Chain has multiple launch platforms, such as Magic Eden, Blever and Puffles, promoting the development of various NFTs, including independent artists and non-ape projects. He mentioned that the NFT market is recovering and called on everyone to seize the opportunity to buy the currently relatively cheap NFTs. Ape Chain is attracting more users and showing a strong market,
Awards Ceremony: A Successful Conclusion, A Promising Future
As night fell, the Hackathon: Web3 Innovation and Technology Showdown event also reached its most exciting moment - the awards ceremony. This segment not only affirms the hard work of the participants, but also elevates the spirit and value of the entire event.
In the DuckChain track, BridgeM stood out with its excellent technical strength and innovative thinking, winning the award in this track. The BridgeM project is committed to solving the problem of cross-chain communication in blockchain, providing an efficient and secure solution for information exchange between different chains. After accessing DuckChain, it will bring more vitality to the TON ecosystem and provide more convenient transaction experiences for TON ecosystem consumers.
The Arbitrum track presented a more intense competitive landscape. After layer-by-layer screening and review, Bettor Whale, through AI-assisted signals and market sentiment analysis, provides a gamified [cryptocurrency] investment experience, successfully won the first place in this track. Let's Burn and XenoBunny respectively won the second and third places. Jackbot won the fourth place in this track.
The APE track was also full of highlights. TerpLayer, with its unique restart protocol and ApeChain native production optimization solution, won the first place in this track. Let Me Guess and Card3 respectively won the second and third places. These projects not only provide new possibilities for the integration of BAYC/ApeChain IP, but also inject new vitality into the prosperity and development of the Web3 ecosystem.
The successful conclusion of the awards ceremony marks the successful conclusion of this Hackathon event. But the significance of the event goes far beyond that. It not only provided a platform for participants to showcase their talents and exchange ideas, but also promoted the development of blockchain technology and innovative projects. The competition and cooperation between the projects not only sparked innovative inspiration, but also drove the continuous prosperity and growth of the Web3 ecosystem.
Looking to the future, we look forward to seeing more such innovation and exchange feasts in Hong Kong and around the world. We believe that in the near future, Web3 technology will lead a new round of technological revolution and industrial transformation, bringing more convenient, efficient and secure digital life to human society. And each of us has the opportunity to become a witness and participant in this great process.
