May 16, 2023 – Geneva, Switzerland
The TRON DAO team community representatives of the TRON blockchain platform revealed the results for the fourth season of their popular HackaTRON competition.
500,000 USDD decentralized, overcollateralized, multi-chain stablecoin will be shared among the top projects.
a TRON-basedJudge-selected qualifiers will also be given application accessibility to TRON DAO Ventures and Huobi Ventures for potential capital funding.
There were over 625 participants from 172 projects across six tracks including DeFi, Web 3.0, NFT and GameFi, alongside the new ‘Builder’ and ‘Eco-Friendly’ categories.
Ejaz Merchant, developer lead of TRON DAO, said,
“Our thriving community’s incredible talent and innovation were on full display for this season’s HackaTRON. I want to express my gratitude to all the outstanding projects who submitted, all the partners and the committed community members who made this event a success.
“Together, we are expanding blockchain technology’s potential and promoting a cooperative, self-maintained ecosystem.”
First place in each of the judge-selected categories receives 20,000 USDD, with second place entries receiving 15,000 USDD, third place 10,000 USDD and fourth and fifth places 8,000 and 6,000 USDD, respectively.
The new Builder category recognized teams returning to the hackathon that have made significant updates to their projects.
First place this season went to the ‘farming-as-a-service’ project by Elk Finance. This update to Elk Finance’s customer offerings will “allow everyone to harness the most advanced farming contracts in DeFi.”
The projects that placed second through fifth in the Builder track were as follows.
In the Eco-Friendly track, which showcased projects working towards sustainability and environmental stewardship via the TRON Climate Initiative, first place went to EcoMarket, an open marketplace for procuring used and recycled plastics.
EcoMarket wants to build a platform that incentivizes recycling and clean storage of used plastics, while providing companies with reliable and transparent sources of recycled materials.
The projects that placed second through fifth in the Eco-Friendly category were as follows.
The DeFi category was topped by Ergon. This project’s goal is to simplify user access to TRON Stake 2.0, providing savings on transaction fees by renting energy while earning by staking TRX.
The projects that placed second through fifth in the DeFi track were as follows.
In the NFT track, judges selected BobbyBot.Trade for first place.
This decentralized application will allow users and players to trade their virtual assets (NFTs) on Steam-based games, such as Team Fortress and Counter Strike, for TRX, USDT and USDD on TRON.
The projects that placed second through fifth in the NFT category were as follows.
The GameFi category was led by Duelers from TRONJoy. Players can choose ‘duel’ or ‘tournament’ mode to engage, create and conquer the TRON community in the ultimate GameFi showdown.
The remaining top five projects included the following.
In the Web 3.0 track, first place went to TrustSight by the TRONacles. Their project’s goal is to increase decentralized trust on the TRON blockchain via user reviews.
It is essentially a crowdsourced reputation platform for on-chain actors, enabling TRON users to navigate the ecosystem securely and confidently.
The projects that placed second through fifth in the Web 3.0 category were as follows.
The judge-selected qualifiers received 30% of their allocated prize for placing in the top five of their respective category on May 15, 2023.
They have until June 1, 2023, to deliver a functional decentralized application onto either the TRON or BitTorrent Chain mainnets in order to receive the remainder of their prize.
Feroz Lakhani, enterprise lead with TRON DAO, said,
“This season has been the best yet. I’m really looking forward to connecting more deeply with some of the projects focused on environmental sustainability, as it aligns with our focus on being as eco-friendly as possible.
“For fun, I also love ‘quality testing’ all of the GameFi projects. That’s what my next few weekends will be dedicated to, and I can’t wait.”
The HackaTRON community forum voted to select ‘community’ winners, as well. Here are the top five from each category.
This season, there were also three bonus prizes for the best performances in project engagement, determination and community contribution.
The project engagement and determination prizes will be announced on June 1, 2023.
The community contribution prize recipients included Akainuu, antonio, fabsltsa, Gordian, HODL, manfred_jr, Nana66419, nweke-nature1, Prince-Onscolo and Youngyuppie.
Each selected community contributor will receive 500 USDD.
The TRON DAO team is thrilled with the quality of projects from season four of the HackaTRON. Hackathons are just one of the ways developers are welcomed to #BUIDLtheFUTURE with TRON.
Learn more about all that’s happening across the TRON ecosystem here.
TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and DApps.
Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since mainnet launch in May 2018.
July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web 3.0 services, boasting over 100 million monthly active users.
The TRON network has gained incredible traction in recent years. As of May 2023, it has over 160 million total user accounts on the blockchain, more than 5.58 billion total transactions and over $12.2 billion in TVL (total value locked), as reported on TRONSCAN.
In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021.
The TRON network completed full decentralization in December 2021 and is now a community-governed DAO.
Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure.
On top of the government’s endorsement to issue Dominica Coin (DMC)
a blockchain-based fan token to help promote Dominica’s global fanfare seven existing TRON-based tokens including TRX, BTT, NFT, JST, USDD, USDT and TUSD have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum
Hayward Wong, TRON
Follow Us on Twitter Facebook Telegram