What’s going on?
The Hack Boston event will be the first cryptocurrency hackathon to be held on an Ivy League campus. From September 23-25, the conference will be held in Cambridge, Massachusetts, on the campus of Harvard University.
There will be over 300 attendees, including students from Harvard, MIT and other prestigious universities.
Even at the elite level of the Ivy League, there is a growing interest in learning more about cryptocurrencies as a field for building careers in the blockchain industry, as demonstrated by this event. Harvard and MIT blockchain clubs, as well as Telos and the Web3 EasyA learning app, are key to Hack Boston’s organization and popularity.
Information on vested interests: The author is an independent contributor who publishes through ours
What is Telos?
Built to power Web 3.0, Telos EVM is a solid and expandable Ethereum Smart Contract platform. Telos (referred to as “Telos” or “Company”) offers a robust third generation evolutionary blockchain governance system compliant with ESG standards. This system includes smart contracts, state-of-the-art voting capabilities, and flexible and simple pricing structures. Telos also helps the blockchain ecosystem by serving as an incubator and accelerator of development grants for decentralized applications.
Understanding the cultural importance of hackathons in technology
The term “hackathon”, derived from “hack” and “marathon”, describes an event in which participants “hack” for a predetermined period of time. At hackathons, people with a common interest in computer programming pool their resources and talents to find innovative solutions to technical challenges.
Regardless of the topic, whether it’s a Bitcoin hackathon or a Covid-19 hackathon, the goal of each is to create a fully functional prototype of a product based on the hackathon theme. It is a meeting place for project managers, designers, developers and software programmers to collaborate on new ideas. There is a healthy rivalry, but the real prize is finding something truly extraordinary and new.
Educating attendees about new technologies has become an integral part of hackathons, originally conceived as a way for programmers to network and keep abreast of the latest technological developments. Hackathons are a great way to meet like-minded people, experiment with ideas we’re not sure will work, and gain experience with cutting-edge technologies and methodologies. It is an opportunity to try radical concepts and create working models that we normally would not have.
Building a global and decentralized financial infrastructure is a daunting challenge that requires constant discovery, innovation, construction and reconstruction.
Why Hack Boston and Crypto Workshop hosted by Telos Matters for the Blockchain Industry
Students will have real-world experience with Web3 technology at upcoming workshops with Hack Boston attendees. Justin Giudici, CEO of the Telos Foundation, and Jesse Schulman, Telos Core Developer, will be present at Hack Boston to lead the workshop.
Developers and end users can benefit from the workshop’s in-depth introduction to the blockchain ecosystem and the company’s key advantages over competing for technology stacks. ESG compliance, ultra-fast transactions, invariable gas prices, unprecedented scalability and many other features are just some of the many highlights.
The hacker teams will also benefit from the guidance of Justin and Jesse, who will act as mentors to help them shine during the hackathon. Seminar attendees will walk away with a deeper appreciation of why selecting a reliable blockchain infrastructure is critical. Cash prizes are essential to any hackathon. Telos, as sponsor, will award two prizes to blockchain projects that address the following two pillars:
The Best of DeFi Award worth $ 6,000 will be given to the initiative that has done the most to advance the development of conventional and decentralized financial systems. With the advent of Web3 technology, these projects will focus on improving financial markets for retail users and institutions such as exchanges, banking and lending protocols.
The winner of the Best of Real World award will receive $ 4,000 and the winning project will have a significant impact on people’s daily lives (for example, by creating new ways to make money via social media or by solving a crucial real-world problem). Consumer-facing projects that use Web3 technology to address a problem fall into this category.
The company’s support for the Hack Boston hackathon is the latest step in its mission to realize the full potential of Web3. In the past, the group has supported a wide range of dApps aimed at modernizing financial markets, increasing production in developing countries, streamlining supply chain management, reducing carbon emissions, etc. To get to the future of blockchain, we need the critical infrastructure that drives the creation of these decentralized solutions.
Final thoughts on Harvard Hackathon
Hackathons are key to supporting invocation and creativity in the tech sector. In my view, crypto hackathons are key to promoting technological advancements in the field of cryptography, DeFi, blockchain, and GameFi. Ivy League hackathons are an excellent way to attract young talent and enable talents to build decentralized applications that disrupt our society.
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Image credits: Vadim Sherbakov, Robert Bye, Pascal Bernardon.
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