UBIT Blockchain Hackathon 2024: Coinstore Labs' 200,000 USDT Prize Pool

BY
Sean Millare
/
Jun 26, 2024

The UBIT Blockchain Ecosystem Hackathon 2024, organized by Coinstore Labs, is all set to kick off on June 22 and conclude on July 12, marking a 21-day journey aimed at propelling the crypto industry forward. With an impressive prize pool of 200,000 USDT, this groundbreaking competition invites the participation of Web 3 and DeFi developers, supported by esteemed media partners including Bitdigest, Blockpedia, Coinedition, CoinGabbar, Voice of Crypto, Connect Web 3, Cryptic Web3, and The News Crypto.

Coinstore Labs, announced an exciting strategic partnership with D^2 Labs, known for its innovative data-driven advertising solutions, is set to bring unparalleled expertise and resources to the UBIT Blockchain Ecosystem Hackathon 2024, enhancing the experience and opportunities for all participants.

This collaboration is expected to elevate the hackathon by providing participants with valuable resources and expertise from D^2 Labs. The partnership aims to enrich the hackathon experience, fostering innovation and driving progress within the crypto universe.

The UBIT Blockchain Ecosystem, with its advanced technology and unique features, is reshaping the cryptocurrency landscape. By ensuring secure transactions, transparency, and immutability through its blockchain, UBIT is ushering in a new era of possibilities, aiming to revitalize the crypto industry with innovative approaches and cutting-edge solutions.

An Unconventional Hackathon Experience

With a starting investment of $30 million, Coinstore Labs is dedicated to supporting ambitious business owners and advancing the development of the international blockchain sector. The UBIT Blockchain Ecosystem Hackathon 2024 has multiple goals in mind:

  • Display the capabilities and advantages of the UBIT Blockchain, increasing its exposure.
  • Enrich the UBIT Ecosystem by promoting the usage of DApps.
  • Boost UBIT's Total Value Locked (TVL).
  • Improve the user experience by enhancing the interactivity of the UBIT blockchain.
Participants will not only gain recognition but also have the chance to win substantial rewards. The prize pool includes a grand prize of $20,000 UBIT, with $10,000 UBIT awarded for each track. Additionally, participants will receive support packages valued at 100,000 USDT, including access to the Coinstore Launchpad, listing fee coverage, and marketing campaigns. Grant funds of up to 80,000 USDT are also available to support project development and innovation.

Thrilling Courses and Possibilities

The UBIT Blockchain Ecosystem Hackathon 2024 offers two separate tracks, each presenting its own intriguing challenges and possibilities:

  • WEB3: Discover various concepts such as GameFi, AI, Metaverse, DID, SocialFi, and NFT Marketplace.

  • DeFi: Immerse yourself in the world of DEX, Swap, Derivatives, Launchpad, Lending, Payment, and other related areas.

Furthermore, to assist participants, a set of educational seminars will take place on July 1 and July 2, offering valuable knowledge on the UBIT Blockchain and personalized advice for optimizing their potential.

Projects must be submitted by July 12, 2024, following the guidelines set by the organizers. Submissions should include a project demo URL, a 10-minute demo video, a textual description of the project’s features and functionality, and a brief introduction of team members. The esteemed panel of judges will evaluate originality, technical prowess, business viability usability, and ecosystem contribution.

Be a Part of the Evolution of Blockchain Technology

Coinstore Labs, working together with D^2 Labs, welcomes all enthusiastic developers, inventors, and blockchain enthusiasts to participate in our efforts to shape the future of UBIT and lead the way in the advancement of blockchain technology. The UBIT Blockchain Ecosystem Hackathon 2024 is an opportunity for you to turn your revolutionary ideas into reality, driving the blockchain industry to unprecedented levels of success.

Experience the boundless possibilities of the cryptocurrency world at the UBIT Blockchain Ecosystem Hackathon 2024! For further information, visit Dorachacks.

Get in touch with Coinstore:

Website: https://www.coinstore.com/home

Twitter: @CoinstoreExc

LinkedIn: Coinstore

Sean Millare

Sean, a skilled writer, gamer, trader, and investor, with a passion for all things web3. With a practical touch, he sheds light on the evolving crypto scene, helping readers grasp blockchain intricacies and make savvy decisions in decentralized finance.

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