“Build an #eosio app that fosters a fundamental competitive advantage by implementing a business model that aligns interests among stakeholders and/or drives more value back to users.”
That was the directive as nearly 500 enthusiastic problem-solvers converged in San Francisco for the penultimate EOS Hackathon of 2018. Teams were tasked with designing decentralized autonomous companies that align ownership with usage on the EOS chain. The atmosphere was electric as developers stretched their imaginations in an effort to redesign business models on the blockchain.
At the end of the 26 hour Hackathon, everyone gathered to watch the teams duke it out for the top 3 slots and a share of the $144,000 prize, courtesy of EOS VC. Judges included Block.One’s Daniel Larimer, Galaxy Digital CEO Mike Novogratz and Chief Policy Officer at Coinbase, Mike Lempres. The diversity of the Hackathon projects was immense, with ideas including a crowdfunded Bancor reserve built by LiquidDAO to a decentralized healthcare data platform constructed on EOSIO.
Team NouGit was the winner of the top prize of $100,000. They built an app that used the EOSIO protocol to create decentralized and incentivized Git repositories. Pollinate took home the second place prize of $25,000 for building a delivery app that facilitates last mile deliveries by incentivizing people to pick up and deliver packages for a percentage of the shipping fee. In third place was Six Degrees, a decentralized social networking platform which walked away with $10,000.
Here at LiquidEOS we especially love to see blockchain being used for social impact. The SF Hackathon awarded a special Social Impact Prize of $3,000 to EOS EBT Food Stamps, which uses the EOSIO protocol to allow people with food stamps to purchase groceries online.
We are thrilled with the community’s overwhelmingly positive response to the recent launch of BancorX, with many praising the user-friendliness of the cross-chain liquidity protocol. Additionally, developers were eager to explore how the underlying Bancor protocol can be utilized to solve unique liquidity issues.
The SF Hackathon was the latest EOS sponsored event in a series of inspiring meetups bringing together participants in the ecosystem. If a blockchain’s greatest resource is the talent and passion of its community, then we’re confident that EOS has an exceptionally bright future ahead of it.
LiquidEOS was well-represented by our CEO Beni Hakak and CTO Tal Muskal, who served as one of the hackathon’s mentors.
We’ll see you in Cape Town for the grand finale on December 7th!
The LiquidEOS team
