India’s largest Hackathon organised by CoinDCX’s UNFOLD 2022 announces winners

The Largest Hackathon of India organized by CoinDCX UNFOLD 2022 announces the winners

As UNFOLD 2022 draws to a close, CoinDCX announces the winners of the hackathon created in collaboration with Devfolio

By Shashank Bhardwaj

CoinDCX, one of India’s leading cryptocurrency investment platforms, recently held UNFOLD 2022, a Web 3.0 event from August 26-28 in Bangalore. The event brought together developers, investors, start-up founders and regulators for in-depth discussions on India’s role in the Web3 sphere. The hackathon, created in collaboration with Devfolio, saw 250 Web3 developers participating in over 100 teams and 86 project submissions upon its closure. 13 leading Web3 companies sponsored the event, making it one of the largest in the history of Web3 hackathons.

Together with CoinDCX, companies such as Polygon, Solana, NEAR, Router Protocol, Filecoin / IPFS, Tezos, Alchemy, Covalent, Arcana, Unstoppable Domains, Spheron, EPNS and Gitopia have formed the list of sponsors for the hackathon event.

More than 5000 applications were received from all over India in early August and selected participants not only participated in the hackathon but also gained access to high-level mentors and thought leaders.

CoinDCX Vice President of Product Engineering Vivek Gupta commented, “We are honored and thrilled to have such an incredible response from the Web3 developer community. This shows that Indian builders and developers are ready to embrace the transition to a future. decentralized. The same resonates with CoinDCX’s belief that India is on track to position itself as a global leader of Web3. “

The hackathon, which lasted over 48 hours, offered participants the chance to work across multiple chains and protocols, and the topics for the challenges included DAO Tooling, P2P payments apps, Refi (Regenerative Finance), use cases for NFT in Dapps, Router Protocol App, etc.

Upon completion of the hackathon, the COO of Devfolio, Denver commented, “We are delighted to have partnered with CoinDCX to organize India’s largest multi-chain IRL hackathon at Unfold 2022. The push and new energy in builders, during the 48 hours, it was inspiring. The hackathon ended on a positive note. We can’t wait to see these projects turn into full blown Web3 products. “

The results of the hackathon saw Cupcake, a cross-chain ecosystem that helps bundle txes on Polygon and pass them on to Optimism, take home the $ 3,500 first prize. Runner-up was zkLoans, a system that helps bring confidential credit scores, with a prize of $ 1500 and the runner-up was Nonagon, which analyzes data on-chain by creating relationships between Dapps and chains to create insights for users, bag a prize of $ 1000.

Shashank is the founder of yMedia. He ventured into the cryptocurrency industry in 2013 and is an ETH maximalist. Twitter: @bhardwajshash

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