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The first winners of the Klathn Foundation’s web3 hackathon received over $1 million in grants.
The Klaytn Foundation, a non-profit organization that oversees the growth of Kraton Ecosystemannounced that it has issued over $1 million to the winner of the first web3 hackathon on Monday, November 21st.
In a press release shared with Coinjournal, the foundation added that the winners will receive over $1 million in cash prizes, sponsored bounty challenges, grants and incubation opportunities.
The inaugural Klaymakers22 hackathon was launched to celebrate web3 innovation being fueled by EVM and peer networks. The Klaytn Foundation hackathon not only involved an existing web3 developer, but also onboarded a web2 developer to help him build his use case on Klaytn.
The Foundation will be honored by Klaymakers22 offering free business and technical workshops with a total attendance of 22,948, access to Klaytn’s developer community via Discord, and six additional bounty challenges sponsored by Klaymakers22 hackathon partners. added that it provided
While commenting on this latest cryptocurrency newsDr. Sangmin Seo, Executive Director of the Clayton Foundation, said:
Our vision for Klaymakers22 has always been to energize Klaytn’s developer community, bringing together bright minds from around the world to solve real-world problems. We are excited to provide a safe and conducive environment to bring your big ideas to life, and we look forward to seeing how the winning projects grow and become easier to build on Klaytn.
Between August 29th and October 14th, we received a total of 174 submissions from teams built on Klaytn. The foundation announced he will be 12 winners on November 18th. The winner provided a wide range of use cases from decentralized art generation to no need to create and manage her DAO. Prerequisite coding knowledge.
The foundation added that three of the winners and seven additional teams received special awards as bounty challenge winners.
The Klaytn Foundation has partnered with Dorahacks, the world’s leading hackathon company, to launch Klaymakers22.
DoraHacks partner Steve Ngok commented:
We are delighted to join forces with the Klaytn Foundation to support innovation, fund exciting ideas, and help global developers build startups on Web3. We hope to play an important role in the ecosystem and look forward to expanding our collaboration in the near future to showcase the powerful capabilities of the Klaytn network and the strong support from the Klaytn ecosystem to better teams. .”
Klaytn is a public blockchain focused on the Metaverse, Gameplay and Creator Economy.
Meanwhile, DoraHacks is a global hacker movement and one of the most active Web3 developer incentive platforms.
