Investing.com - The Polkadot Hackathon 2024 is set to kick off its Bangkok edition with a prize pool of $315,000 to bring fresh talent into the Polkadot ecosystem and support the broader Web3 industry.
Following the conclusion of its Singapore event in September, where 25 teams emerged from a pool of 279 participants, the spotlight now turns to the Thai capital, where Polkadot developers will compete to pitch new blockchain-based projects.
The Bangkok leg of the hackathon is organized by OneBlock+ and will take place on November 16, with registration and code submissions due by October 23.
Developers from around the globe are expected to participate, with competition categories spanning infrastructure, smart contracts, AI, and custom blockchain solutions.
Set to culminate in a Demo Day on November 16, the Bangkok edition also has a strong lineup of sponsors, including Vara Network, CESS Network, and Bifrost, all offering bounty challenges to motivate participants. These bounties focus on areas like GameFi, decentralized applications, and unique uses of blockchain technology.
The event's timeline includes mentorship sessions, project evaluations, and a live demo day in Bangkok. Teams will pitch their projects to a panel of judges, with winners announced later that evening.
The 2024 Polkadot Hackathon will include a category focused on building blockchain solutions using Polkadot's SDK. Participants will create custom blockchains that can later connect to the Kusama Relay Chain.
Other projects could involve developing parachains, privacy-focused chains, decentralized storage solutions, DAO chains, gaming blockchains, or decentralized identity solutions (DID).
In addition to this category, the hackathon will feature three other tracks, with a total prize pool of $315,000 available. Each track will have first, second, and third-place prizes of $40,000, $20,000, and $10,000 respectively.
Despite market challenges, developer activity in the Polkadot ecosystem remains strong. Per its recent statistics, the network now hosts 29,917 repositories, with weekly commits exceeding 5,500. Around 900 developers contribute each week as well, keeping the ecosystem's momentum active.