OKX and Google Cloud Host Successful Hackathon for Decentralized Applications on OKT Chain
VICTORIA, SEYCHELLES, April 5, 2023 – OKX, the second largest crypto exchange by trading volume and a leading Web3 technology company, has teamed up with Google Cloud to host the OKX Hackathon to drive growth and innovation of the blockchain ecosystem. The three-day event, held in Silicon Valley, aimed to encourage developers to build decentralized applications on OKT Chain, a leading layer 1 blockchain built on Cosmos.
Over 200 attendees joined the hackathon, forming 46 teams and submitting 32 projects that showcased the potential of decentralized, blockchain-based applications to transform various industries.
The OKX Hackathon also aimed to build awareness of OKT Chain's technology and infrastructure among the wider blockchain community. By bringing together like-minded individuals with a shared interest in blockchain technology, the event helped to foster a vibrant and engaged community of developers that can promote the growth of the OKT Chain ecosystem.
Meet the Winners The top five projects were awarded prizes based on their innovation, utility, and potential to positively change the industry. The winning teams were as follows:
Lite OKX bridge
Thanks to the Lite OKX bridge, users will be able to transfer $2-5 from USDT on Polygon to OKTC in minutes without commissions. This will allow them to access all projects on OKTC in one click. Thanks to the SDK, sites will be able to natively support this bridge and the user won't have to leave the site.
Hexlink
OKX Guardian
Web3 Ads
Petreat
Petreat collects donations from supporters and sends this amount to shelters in need. The project was developed with the belief that a reward system is also crucial to motivate and thank donors for their support. Petreat added a NFT reward system so that supporters receive a unique NFT in return for doing a good deed.
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Top teams at the Hackathon received OKX tokens, Google Cloud credits and other rewards. Senior executives from OKX and Google Cloud praised the participants for their hard work and innovation and encouraged them to continue exploring the possibilities of decentralized applications on the OKT Chain.
OKX and Google Cloud's partnership in organizing the hackathon underscores their commitment to fostering innovation and creating a more decentralized future.
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