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Singapore, 23 September 2021: TZ APAC, one of the leading Asia adoption entities supporting the Tezos ecosystem, today announced the winners of the largest Tezos blockchain hackathon - TezAsia. In partnership with TEZOS INDIA and CHAINSTACK, this month-long hackathon saw participants develop novel solutions across three tracks: DeFi, NFTs and Collectibles, and Tools and Wallets on the Tezos blockchain.
The hackathon was a grand success and received over 1400 registrations, 1600 individual participants and teams, who submitted 36 projects across the 3 tracks. The jury selected TEZCO as the winner - a global carbon currency that can enable the purchase of carbon-emitting products via gamification, NFT, and P2P DeFi staking, to reduce the impact of climate change by integrating the Tezos network to provide universal and transparent transactions. In second place was RADIATE FINANCE, a streaming protocol in which users can create a stream to transfer tokens in real-time. Omni Swap – a credit default swaps solution on blockchain to remove overcollaterization requirements in loans facilities – came in third. The winners received grants of up to USD 10,000 each, allowing them to take their projects to the next level.
“Some of the projects born from the TezAsia hackathon were really outstanding in the quality of their presentation, MVP product readiness and execution from the participants. I’m impressed and confident in what will come in the future of the Tezos ecosystem." said Sebastien Borget, President, Blockchain Game Alliance.
With an objective of fostering budding blockchain talent in the region and challenging participants to devise solutions for a greener future - the TezAsia Hackathon brought together novices, advanced coders, students, working professionals, and blockchain enthusiasts from a wide spectrum of industries across the region. The hackathon was held on the DEVFOLIO platform and offered USD 14,000 in prizes across all tracks.
“TezAsia brought forward eager participants who put transformative solutions and sustainability at the forefront of their projects. We are looking forward to conducting more programs in the future to foster the growing blockchain talent and make the region stronger than ever,” said Om Malviya, President, Tezos India.
“The sheer number of ideas and high-quality proof-of-concepts shared by TezAsia’s participants demonstrates that we have barely scratched the surface of Asia’s creative potential, when it comes to harnessing blockchain technology to develop real-world solutions. TZ APAC is committed to cultivating and bringing these ideas to market on the Tezos blockchain,” said David Tng, Head of Growth, TZ APAC.
While some of the ideas presented will continue to be developed into robust, market-ready solutions, the TezAsia Hackathon also shone a spotlight on much of the developer talent in the region, which has attracted the interest of blockchain companies seeking to recruit these bright minds.
“We are proud to have supported this event that has brought various ideas and projects into fruition. Dedicated to magnifying accessibility within Web3, Chainstack strives to continuously innovate and support the ever growing Tezos ecosystem. The event was a huge success in nurturing the next batch of developers and builders that not only accelerate the growth of DeFi and Web3 as a whole, but also bring more sustainable solutions to all.” said Eugene Aseev, CTO & Founder of Chainstack.
Beyond the TezAsia Hackathon, TZ APAC and Tezos India have also partnered with Microsoft, Skoda and Tech Mahindra to deliver the MICROSOFT CENTURY PROGRAM – a corporate-SME bridge program that seeks to uncover blockchain-based solutions on Tezos, for industry-specific use cases. The first iteration of the program will focus on Discrete Manufacturing, with a particular focus on automotive manufacturing, supplier management, product authentication, supply chain and more.
TZ APAC Pte. Ltd. (“TZ APAC”) is the leading Asia-based blockchain adoption entity supporting the Tezos ecosystem. It designs value-added blockchain transformation strategies for enterprises and creators with a bottom-up approach, working closely with blockchain experts and other stakeholders in the Tezos ecosystem. TZ APAC is supported by the Tezos Foundation and headquartered in Singapore.
At TEZOS INDIA we are building and empowering a well-rounded Tezos ecosystem in India. We aim to boost the developer community in India to build and scale out-of-the-box projects on Tezos. We believe that a great ecosystem is a sum of all its participants. We want to enable people to seamlessly participate in the Tezos ecosystem in India.
At CHAINSTACK, we want to help accelerate the adoption of Web3 and blockchain technology. Every day we are solving hard problems and creating a superior user experience in the world of blockchains. We enjoy optimizing, analyzing, and innovating our product by listening to our customers, and by embracing best practices across industries.
For media inquiries, contact:
Susan Joseph | Head of PR and Marketing
SUSAN@LUMOSLABS.CO | 9900029191
Alina Ahmed | Marketing and PR Associate
ALINA@LUMOSLABS.CO | 8826380775
