Organized by the DMCC Crypto Centre and Bybit, the second iteration of the Web3 Unleashed hackathon will investigate cross-test 15 promising Web3 initiatives competing for a prize pool of $160,000.

Dubai has established itself as a world hotspot for Web3 and blockchain ecosystems. From its crypto-friendly rules to dynamic events, the United Arab Emirates metropolis has secured a high attach aside as a crypto hub city, with the Dubai Multi Commodities Centre (DMCC) leading the charge.

Identified for its visionary initiatives, DMCC plays a a have to-to find position in turning Dubai into an stunning commerce hub through partnerships with world avid gamers. One such collaboration became once the newest welcoming of Cointelegraph to connect its regional place of work at the DMCC Crypto Centre.

DMCC furthermore helps up-and-coming startups and initiatives by introducing them to world endeavor capitals through a series of events, such as the VC Startup Connect organized by Cointelegraph Accelerator.

VC StartUp Connect: Dubai edition introduced together some of the main brightest minds within the Web3 region.

UAE Crypto Attorney Irina Heaver (@IrinaHeaver) led an partaking panel dialogue with Belal Jassoma (@Bjassoma), Director of Ecosystems at DMCC, Dr. Marwan Alzarouni (@drmarwan),… pic.twitter.com/DNJejhRgnM

— DMCC Crypto Centre (@dmcccrypto) October 28, 2024

Web3 hackathon in Dubai

Building on this momentum, DMCC Crypto Centre has partnered with crypto exchange Bybit to host the second iteration of their hackathon. Titled Web3 Unleashed #2, the tournament is designed to spotlight promising initiatives in Web3 know-how on Nov. 20.

With a mountainous prize pool of 160,000 USDT, the hackathon has attracted a wealth of inventive skill, culminating within the selection of 15 outstanding finalists. Competing teams analysis to lift forward modern solutions to take care of accurate-world challenges through blockchain and Web3-primarily based solutions.

The 15 finalists attach to showcase their initiatives at Web3 Unleashed #2 consist of Philanthrify, PHRON AI, Amplifi, Helios Connect, Poppin, Safehouse DecentraSafe, Surfermonkey, Sendit and Redefined, to boot to KelpMe, Mavryk Network, Crowdtransfer, Hive, Initiate Provide Economic system and Trepa. Every of these teams brings a explicit imaginative and prescient to the competition, aiming to push the boundaries of what’s imaginable within the Web3 region.

15 finalists will show their modern solutions in front of a eminent panel of VCs, traders, advisors and fellow founders. Provide: DMCC

Web3 Unleashed #2 boasts an authority panel of judges from the realm Web3 panorama, including Alessia Baumgartner of DWF Labs, Mathias Ruch of CV VC, Dyma Budorin of Hacken, Daniel Zou from the Blockchain for Upright Alliance, Zaher El Orm from the DMCC Crypto Centre and Gerik Wang from Bybit. These experts will assess initiatives on creativity, technical execution, market likely and accurate-world affect.

Networking afterparty

Following the pitching sessions, attendees and contributors can join at the tournament’s networking afterparty. This gathering will lift together traders, project founders and commerce leaders in an informal setting, selling an exchange of solutions and likely partnerships. For the taking half teams, the tournament offers an ideal opportunity to attain visibility, attach connections with traders and take their solutions to the next level.

Web3 Unleashed 2 takes centre stage at SO/ Uptown Dubai on 20 November, marking the massive finale of the DMCC x @Bybit_Official Hackathon.

We are enraged to tell the 15 initiatives that will be taking section on the day – Philanthrify (@PhilanthrifyApp), PHRON AI (@Phron_ai),… pic.twitter.com/5p5TSpvWim

— DMCC Crypto Centre (@dmcccrypto) November 6, 2024

The Web3 Unleashed #2 hackathon showcases DMCC’s mission to elevate Dubai’s attach aside as a world hub for Web3 innovation through key collaborations. By bringing together high skill, visionary traders and influential commerce leaders, the tournament strengthens Dubai’s Web3 ecosystem through collaboration and opportunity.

Be taught more about the Web3 Unleashed #2 hackathon

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