Join the Hackathon!
The Next Top Blockchain Startup Competition is here! Organized by GDA Capital, this is the world’s largest Web 3.0 startup competition, offering a staggering $274,000 in prizes. Set to take place online from August 5 to 18, 2024, this event is open to blockchain enthusiasts from around the globe (excluding standard exceptions). With 422 participants already signed up, it’s the perfect opportunity to showcase your innovative ideas and technical prowess.
Who Can Participate?
- Legal Age Requirement: Participants must be above the legal age of majority in their country of residence.
- Global Participation: Open to all countries and territories, with standard exceptions. Make sure to check the full rules for specific details.
Schedule
- Submissions Open Soon: Keep an eye on the official website for updates on when you can start submitting your projects.
Event Overview
The Next Top Blockchain Startup Competition, hosted by GDA Capital, aims to discover and nurture emerging talents in blockchain technology. With over 50 years of combined experience in capital markets and financial technology, GDA Group brings together a vertically integrated ecosystem that partners with institutional capital and disruptive technology markets, specializing in the digital asset class.
This competition is designed to foster innovation through mentorship, education, and competition, bridging the gap between innovative concepts and market-ready blockchain solutions.
What to Build
Participants are encouraged to develop decentralized applications that demonstrate the following:
- Interoperability with Coinweb: Create scalable, efficient, and resilient applications leveraging Coinweb’s advanced features like reactive smart contracts and blockchain routing.
- Proof Of Green Energy (PoGE) with SolarX: Utilize the PoGE consensus mechanism and SXCH tokens to create sustainable energy solutions and applications.
- Decentralized Cybersecurity (DePIN) with Naoris: Design solutions to protect IoT networks by enabling each device to be part of a secure, global decentralized network.
- Awesome ICP: Build fully on-chain, cross-chain applications with advanced canister smart contracts for AI, data computation, and seamless blockchain integration.
- Gaming with Moxy: Develop innovative and versatile applications using the Moxy Forge SDK, focusing on enhancing eSports integration across multiple platforms.
- AI for Web3 with Llama Launchpad: Create AI and Web3 applications and leverage the support from Llama Launchpad to bring your project to market.
- ERC-7621 with Alvara (DeFi): Build applications that improve fund management, enhance asset monitoring, and streamline multi-blockchain transactions.
- Secure and Reactive Web3 Applications with Linera: Utilize Linera’s microchains to create secure, real-time user experiences with cross-chain messaging and data replication.
Submission Requirements
All participants must adhere to the following submission requirements before the designated deadlines:
- Litepaper: Your litepaper should include an introduction, market analysis, project description, technical architecture, features, token information (if applicable), business model, user acquisition strategy, team details, and a comprehensive roadmap.
- Project Introduction Video: Submit a concise video (no more than 5 minutes) introducing your project, its unique use case, and functionality.
- Category Requirement Compliance: Address all requirements for your target prize category. For any queries, refer to the discussion in the Discord categories channel.
- English Language Submissions: All submissions, including written documents and presentation videos, must be in English.
Prizes
The competition boasts a total prize pool of $274,000, paid in cryptocurrency. Here’s what you can win:
- Interoperability with Coinweb:
- 1st Place: $35,000 in tokens + Strategic mentorship for entering the market with GDA.Capital + Intro to Launchpads
- 2nd Place: $15,000 in tokens + Chat with the president of BEN
- Proof Of Green Energy (PoGE) with SolarX:
- 1st Place: $35,000 in tokens + Strategic mentorship for entering the market with GDA.Capital + Intro to Launchpads
- 2nd Place: $15,000 in tokens + Chat with the president of BEN
- Decentralized Cybersecurity (DePIN) with Naoris:
- 1st Place: $35,000 in tokens + Strategic mentorship for entering the market with GDA.Capital + Intro to Launchpads
- 2nd Place: $15,000 in tokens + Chat with the president of BEN
- Awesome ICP: 3 prizes of $5,000 USD in ICP Developer Grants each, with $2500 USD given immediately and the remaining $2500 USD dependent on achieving milestones.
- Gaming with Moxy:
- 1st Place: $6,500 in tokens + Strategic mentorship for entering the market with GDA.Capital + Intro to Launchpads
- 2nd Place: $3,500 in tokens + Chat with Gaming Expert
- AI for Web3 with Llama Launchpad: 1st Place: $40,000 listing Fee Discount
- ERC-7621 with Alvara (DeFi):
- 1st Place: $35,000 in tokens + Strategic mentorship for entering the market with GDA.Capital + Intro to Launchpads
- 2nd Place: $15,000 in tokens + Chat with the president of BEN
- Secure and Reactive Web3 Applications with Linera:
- $3,000 USD for Best Demo for Edge AI
- $3,000 USD for Best UI for DeFi demo app
- $3,000 USD for Best UI for Onchain Game
Judges
The panel of judges includes industry experts such as:
- David Carvalho: CEO / Naoris
- Michael Gord: CEO / GDA Capital
- Joaquim Miro: Partner / GDA Capital
- Toby Gilbert: CEO / Coinweb
- Maurice Ng: Former Gate CIO
- Erick Pinos: Ecosystem Lead / Nibiru Chain
- Glenn Grant: CEO / SolarX
- Dominic Ryder: Co-founder / Alvara Protocol
- Patrick Bouffartigue: Web3 VC / 50 Partners
- Callum Mitchell-Clark: Co-founder / Alvara Protocol
- Ajeet Khurana: Founder / Reflexical
- Patrick Soh: Co-Founder / Coinseeker.co
- Aashna: Engineering Manager / Robinhood
- Samuel Thomas: Venture Capital
- Antonio Gomes: Capital Market Architect / GDA Capital
- Siddharth Parakh: Sr Engineering Manager / Medable Inc
- Akhil Mittal: Senior Manager / Synopsys
- Khalid Mazouz: VC / M55 Capital
- Samiksha Makhijanil: Senior Product Designer / Circle
- Dmitrii Slabko: Senior Software Engineer / Microsoft
- Ivan V. Ivanov: Founding Partner & CEO / UVECON.VC, WOW Summit
- Stephen Yang: Founder & CEO / Web3 Ventures
- Mathieu Baudet: Founder / Linera
- Shawn Tan: General Partner / TRIVE Digital
- Jong-Chan Chung: Founder / Sojuvest
- Ali Ramadan: Angel Investor / Ex Incubator and Accelerator
Judging Criteria
Projects will be evaluated based on:
- Originality & Creativity: How novel and innovative is the idea?
- Technicality & Design: How comprehensive and efficient are the features? Is the code understandable and scalable?
- Business Model & Feasibility: What is the value proposition? How will it capture value, attract users, and generate revenue?
- Usability: What is the user experience like? Is it clean and intuitive?
- Practicality & Use Case: Is this something people would actually use? Will it have an impact or disrupt the status quo?
- Contribution to the Global Blockchain Ecosystem: How does the idea increase global blockchain adoption and value?
Conclusion
The Next Top Blockchain Startup Competition is an incredible opportunity for blockchain enthusiasts to bring their innovative ideas to life. With a massive prize pool, strategic mentorship, and a global stage, this hackathon is the perfect platform to showcase your talent and make a real impact in the blockchain space.
So, gather your team, start brainstorming, and get ready to compete in the world’s largest Web 3.0 startup competition! For more details, stay tuned to the official competition page and prepare to unleash your creativity and technical expertise.
Also Check: Spark-Wars 3.0 – Global Databricks Hackathon
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