Encode x Algorand Hackathon: Prizewinners and Summary
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After four weeks, the Encode x Algorand Hackathon has come to a close with a fantastic finale event featuring the 12 best projects pitching for top prizes!
This hackathon was a great opportunity to learn and build on the grand Algorand landscape, as well as win great prizes!
In our last few hackathons, various projects, including Euler and Reflexer (amongst others), have gone on to raise large investment rounds following the finale! We hope members of this cohort go on to achieve great success as well.
About Algorand
Algorand builds technology that accelerates the convergence between decentralized and traditional finance by enabling the simple creation of next-generation financial products, protocols, and exchange of value. For more information, read about Algorand and the Algorand Foundation.
About Encode Club
Encode Club is a blockchain education community. We work with leading companies, networks, communities and universities. We educate people by way of events, workshops, hackathons, accelerators and bootcamps. Read more here.
How it worked
Our hackathon participants had 4 weeks to build their projects and submit them for judging. During this time, they also had the opportunity to participate in several hackathon workshops.
You can see the events’ summaries, materials and video recordings here:
Hackathon Judges
We had a panel of rockstar judges from the Algorand Foundation vote on the winners:
Daniel Oon — Head of DeFi at Algorand Foundation
Piergiacomo Palmisani — Head of Gaming at Algorand Foundation
Shamir Ozery — Head of web3 at Algorand Foundation
Full video
Finalists and prizewinners
12 finalists were chosen to compete for the top prizes. Here is the full list of finalists and winners.
DeFi Challenge
1st Prize (10k ALGOs) — VBank
VBank
VBank is an algorithmic stable token issuer that’s based off of the Djed Paper. The example used is for a USD stable coin.
2nd Prize (5k ALGOs) — Greengo
Greengo
Greengo is a crowdfunding platform that lets creators create projects and set a goal for them, if the goal is reached they can collect the funds, if not investors can get refunded
3rd Prize (1k ALGOs) — Alright
Alright
Alright is a peer-to-peer decentralized escrow app that enables anyone to protect their transactions through the power of collateralized escrow deals.
3rd Prize (1k ALGOs) — Algo AMM
Algo AMM — Automated Prediction Market Maker on Algorand
Algo AMM lets people trade on the outcomes of events, and follow the odds to garner accurate insights about the future.
NFT Challenge
1st Prize (10k ALGOs) — Mint Engine
Mint Engine
Mint Engine is a comprehensive suite of web3 instruments spread across an ecosystem of distributed ledgers. Mint Engine aims to eliminate the ambiguous process of interacting with the blockchain by presenting the blockchain’s native features in a streamlined and organized UI.
Mint Engine Github repository.
2nd Prize (5k ALGOs) — ReNFT
ReNFT
Renewable NFT (ReNFT) provides a platform for exploring and launching NFT-gated communities and services.
3rd Prize (2k ALGOs) —DeFi4NFT
DeFi4NFT
DeFi4NFT is solving full ownership when borrowing with NFTs. And around this main goal, interoperability is also incorporated. For interoperability, Circle accounts API integration opened the potential to transfer USDC tokens from 9-chains, creating a large access for liquidity.
Gaming Challenge
1st Prize (10k ALGOs) — SoMove
SoMove
SoMove is a novel augmented-reality fitness game. It is a non-VR version of beat saber, or Just Dance without the controller, where players must destroy obstacles using their various body parts.
2nd Prize (5k ALGOs) — Algo Ranchero
Algo Ranchero
Algo Ranchero is the First Play-To-Earn Western Game on Blockchain Algo Ranchero Play as the hero in your own adventure. Algo Ranchero is the first open-world play-to-earn Western Adventure game.
Algo Ranchero Github repository.
3rd Prize (2k ALGOs) — Watchmen
Watchmen
Watchmen is a tool to help monitor newly created blocks and update ownership state. This tool could be used for many different applications so we decided to open source it.
Other Finalists
ASA 2 ASA DEX — DiatomiX
ASA 2 ASA DEX is an MVP for ARC0017 Algorand DEX on Testnet.
ASA 2 ASA DEX — DiatomiX Github repository.
Algo.Finance
AlgoFinance allows users to swap two Algorand Standard Assets (ASA). To swap the sender needs to first option to the asset. The sender sends a certain value of one of the asset and receive the same value of the other asset.
AlgoFinance Github repository.
Previous Hackathons
You can check out our previous hackathon summaries below:
Future of Blockchain 1
Future of Blockchain 2
Spark Summer
Encode Hack Club
Hack the System
Hack Africa
Algorand Hack
Polkadot Hackathon
Internet Computer Hackathon
Hack DeFi with Wintermute
Encode x NEAR Hackathon
Encode x StarkNet Hackathon
Encode x BitDAO: DAO Hackathon
Encode x Tezos Hackathon
Encode x Polygon Hackathon
Questions
If you have any questions, please email: general@encode.club or reach out on Discord.
