The Web3 Innovation Hackathon has successfully concluded, showcasing the future of the industry across five major tracks.

On December 22, 2024, a hackathon themed "Web3 Compliance Applications" concluded in a lively atmosphere. This event attracted outstanding developers from around the world, who showcased impressive creativity and technical prowess over three days, contributing new ideas for the future development of the blockchain industry.

Five Major Tracks Focus on Industry Hotspots

Participants in this hackathon voluntarily focused on five core areas: DeFi, RWA, INO, payments, and cultural heritage. These tracks not only reflect the current innovation direction of the blockchain industry but also bring many groundbreaking projects to these fields.

1. DeFi Track: The Likwid project focuses on improving liquidity management efficiency, while Stable Swap is dedicated to solving the stablecoin exchange problem in multi-chain transactions.

2. RWA Track: Asteroidx has developed on-chain asset management tools, while Bnb3 is exploring new ways to map real-world assets on-chain.

3. INO Track: Tiptag.social combines NFTs with social attributes, while HashKeyFun enhances the utility of NFTs through entertainment experiences.

4. Payment track: PolyFlow has created a multi-chain compatible payment system, while Trusta focuses on enhancing payment security.

5. Cultural Heritage Track: The Fufuture and Rwalt projects explore new ways to protect cultural heritage using blockchain technology.

Outstanding projects stand out

After intense competition, several projects showcased outstanding creativity and technical strength on Demo Day, ultimately standing out:

• First Prize: Likwid and Stable Swap
• Second Prize: Asteroidx and Lego Perpetual Protocol
• Third Prize: Bnb3 and Lightning Huskey
• Innovation Award: Tiptag.social and X-Wallet
• Special Award: PolyFlow, Trusta, Fufuture and Rwalt

These award-winning projects not only showcase technological innovation but also reflect a deep understanding of market demands and a focus on user experience.

Developer Enthusiasm Highlights Industry Vitality

During this event, developers showed a strong interest in optimizing the DeFi user experience, managing RWA assets, and functionalizing NFTs. This not only reflects the actual needs of the industry but also provides important references for the future direction of the market.

Many participants indicated that this hackathon is not only a stage for technical competitions but also a platform for inspiring innovation. The successful hosting of the event has brought more possibilities to the blockchain industry and attracted the attention of developers worldwide.

Promote compliance innovation and build a trust bridge

As a blockchain public chain with compliance as its core strategy, the organizer is committed to finding a balance between regulation and innovation, providing reliable infrastructure for global developers. By supporting identity verification, achieving a balance between data transparency and privacy protection, and collaborating with global regulatory and financial institutions, the organizer is continuously expanding the boundaries of compliant blockchain.

In the future, the organizers will continue to attract global partners with an open attitude, creating an international network connecting Asia, Europe, and North America. By providing high-performance infrastructure, a complete toolchain, and incentive mechanisms, they will help developers quickly turn their ideas into products and provide funding and resource support for quality projects.

This hackathon not only showcased the innovative potential of blockchain technology but also highlighted the industry's emphasis on compliant development. By promoting compliance innovation, blockchain technology is expected to better serve inclusive finance and social development, laying the foundation for building a trustworthy digital future.