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Bybit Web3 and BGA Collaborate with SocialPlus Hackathon to Foster Web3 Innovationby@ishanpandey
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Bybit Web3 and BGA Collaborate with SocialPlus Hackathon to Foster Web3 Innovation

by Ishan PandeyJune 13th, 2024
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The SocialPlus Hackathon, a virtual event starting today and running through September, provides an opportunity for individuals to showcase their skills. Finalists will vie for a prize pool of up to $30,000, special NFTs, and BGA point rewards. By leveraging blockchain and AI technologies, this collaboration seeks to drive innovation and build a more inclusive and decentralized future.
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Bybit Web3 and the Blockchain for Good Alliance (BGA) have announced their community and strategic collaborations with the SocialPlus Hackathon. This partnership aims to leverage blockchain and AI technologies to facilitate innovation, knowledge sharing, and collaboration within the DeBox and Web3 ecosystems.


The SocialPlus Hackathon, a virtual event starting today and running through September, provides an opportunity for individuals to showcase their skills and contribute to the development of the Web3 ecosystem. Participants will compete in three tracks: the DeBox Open Platform — Bot Market Track, the DeBox Open Platform — DAPP Market Track, and the Blockchain for Good Track (BGA). Finalists will vie for a prize pool of up to $30,000, special NFTs, and BGA point rewards.


"Bybit is committed to supporting the growth of projects through the Blockchain for Good Alliance. Our collaboration with the SocialPlus Hackathon demonstrates our dedication to driving innovation in the Web3 ecosystem," said Emily Bao, Bybit Web3 Evangelist. "We look forward to seeing the creative and transformative projects that will emerge from this hackathon and contribute to a decentralized and inclusive world."


Bybit Web3 is leading the charge in transparency within the decentralized world, aiming to create a more accessible, transparent, and equitable environment for all. With over ten major ecosystem partners and a community of more than one million wallet users, Bybit Web3 offers a comprehensive suite of Web3 solutions designed to provide seamless access, exchange, collection, and growth of Web3 assets. Backed by Bybit, one of the top three global cryptocurrency exchanges with 30 million users worldwide, Bybit Web3 is shaping the future of decentralized finance.

Final Thoughts

The collaboration between Bybit Web3, the Blockchain for Good Alliance (BGA), and the SocialPlus Hackathon demonstrates the growing recognition of the importance of fostering innovation and inclusivity within the Web3 ecosystem. By providing a platform for talented individuals to showcase their skills and contribute to the development of decentralized technologies, this partnership has the potential to drive significant advancements in the field.


The SocialPlus Hackathon's three distinct tracks—the DeBox Open Platform Bot Market Track, the DeBox Open Platform DAPP Market Track, and the Blockchain for Good Track—offer a comprehensive approach to driving progress across various aspects of the Web3 landscape. The Bot Market Track focuses on enhancing user engagement and experience within decentralized applications, while the DAPP Market Track encourages the development of innovative and user-friendly decentralized applications. The Blockchain for Good Track, led by the BGA, highlights the potential of blockchain technology in addressing social challenges and creating a more equitable and transparent world.


As participants engage in this hackathon, they will have the opportunity to contribute to the broader vision of building a more inclusive and decentralized future. The projects that emerge from this event will showcase the potential of blockchain and AI technologies in tackling real-world issues and creating value for users worldwide.


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Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR.