Poka Parallel Chain Astar Network announces winners of its first Web3 Hackathon

On April 26, it was reported that the Poka parallel chain Astar Network released the first Web3 hackathon report, in which more than 420 applications were received, 41 teams were preliminarily reviewed, 12 teams passed the preliminary review, and finally 8 teams won, including 1 Teritama and 5 excellence awards

Astar Network Announces the Winners of the First Web3 hackathon

On April 26, the renowned Poka parallel chain Astar Network proudly announced the winners of their hotly contested first Web3 hackathon. The much-anticipated event attracted over 420 highly-talented developers who registered to demonstrate their coding skills and innovative ideas.
In this article, we delve into the details of the competition, exploring the winners’ projects and highlighting the significance of the Poka parallel chain Astar Network in the current tech landscape.

The Web3 Hackathon

The Poka parallel chain Astar Network team patiently received and evaluated over 420 applications before preliminarily choosing only 41 teams. These highly talented teams presented their game-changing developmental projects before the panel of judges. The reward for winning was significant, with an excess of $50,000 worth of AST tokens up for grabs.
The hackathon was a demonstration of proficiently developed Web3 DApps and deeply integrated smart contract-based blockchain applications. Teams were free to use any structure for their projects, given that they meet the criteria of uniqueness, creativity, and innovation. In the end, eight talented teams including 1 Teritama and five excellence awards were announced as the winners.

Winning Projects

#1. Teritama

A team of three developers came up with this winning project, “Dino NFT.” Dino NFT is a unique ERC-721 NFT contract for gaming that tries to solve the drawbacks of traditional NFTs. The project aims to make blockchain gaming more efficient and better on the blockchain network by improving decentralization, security, and scalability of games.

#2. Excellence Awards

##Team 1

Developers from Team 1 worked on a revolutionary project that focuses on connecting both the off-chain and on-chain world via a decentralized application that will allow users to own and manage their social accounts.

##Team 2

Team 2 worked on an innovative project called “Zaif Pro,” a sophisticated platform that specializes in cryptocurrency trading. This project will enable users to deal with large orders without slippage using its advanced algorithm.

##Team 3

Team 3 worked on “RareNFT,” a platform that aims to create a new ecosystem for buying, selling, and trading non-fungible tokens. This project provides creators with a secure, decentralized, and efficient way to protect their digital content.

##Team 4

The developers on this team built “Liquidity-as-a-Service,” a new platform that aims to provide liquidity services to DEXs using an algorithm created for market sensitivity.

##Team 5

Team 5 created “YOLO STAKING,” an innovative staking platform that aims to provide protection in cases of high volatility.

Significance of the Poka Parallel Chain Astar Network

The Poka parallel chain Astar Network is gaining increasing relevance in the current tech landscape. The network is a multi-signal framework that strives to leverage advanced algorithms to provide efficient, decentralized services that address some of the most pressing challenges that persist with mass adoption of blockchain technology — especially those that have hindered effective decentralized applications. The Poka parallel chain Astar Network’s reliable, scalable, and secure platform provides an ecosystem for diverse applications, including DeFi, cross-chain, and decentralized storage.
For a company looking to launch a decentralized application or integrate with an existing one, Partak is well worth considering. It can provide secure functionalities that have the transparency and decentralized nature that users expect.

Conclusion

It’s essential to recognize the significance of the Poka parallel chain Astar Network’s first Web3 hackathon. The contest attracted hundreds of applications that demonstrated various ideas and prototypes, further validating the potential of blockchain technology. The Poka parallel chain Astar Network, as well as the winners of the contest, showed their high-level proficiency in developing Decentralized Apps and deeply integrated smart contract-based blockchain applications.

FAQs

Q1. What is the Poka parallel chain Astar Network?

The Poka parallel chain Astar Network is a multi-signal framework that leverages advanced algorithms to provide efficient, decentralized services, addressing the most pressing issues that persist in mass adoption of blockchain technology.

Q2. What was the reward for winning the Web3 Hackathon?

The reward for winning was significant, with an excess of $50,000 worth of AST tokens up for grabs.

Q3. What kind of projects did the hackathon require?

The hackathon required proficiently developed Web3 DApps and deeply integrated smart contract-based blockchain applications. Teams were free to use any structure for their projects, given that they meet the criteria of uniqueness, creativity, and innovation.