Crypto Updates

TRON DAO Announces Results of HackaTRON Season Four

TRON DAO Announces Results of HackaTRON Season Four

May 16, 2023 – Geneva, Switzerland

The TRON DAO team community representatives of the TRON blockchain platform revealed the results for the fourth season of their popular HackaTRON competition.

500,000 USDD a TRON-based decentralized, overcollateralized, multi-chain stablecoin will be shared among the top projects.

Judge-selected qualifiers will also be given application accessibility to TRON DAO Ventures and Huobi Ventures for potential capital funding.

There were over 625 participants from 172 projects across six tracks including DeFi, Web 3.0, NFT and GameFi, alongside the new ‘Builder’ and ‘Eco-Friendly’ categories.

Ejaz Merchant, developer lead of TRON DAO, said,

“Our thriving community’s incredible talent and innovation were on full display for this season’s HackaTRON. I want to express my gratitude to all the outstanding projects who submitted, all the partners and the committed community members who made this event a success.

“Together, we are expanding blockchain technology’s potential and promoting a cooperative, self-maintained ecosystem.”

Judge-selected top fives

First place in each of the judge-selected categories receives 20,000 USDD, with second place entries receiving 15,000 USDD, third place 10,000 USDD and fourth and fifth places 8,000 and 6,000 USDD, respectively.

The new Builder category recognized teams returning to the hackathon that have made significant updates to their projects.

First place this season went to the ‘farming-as-a-service’ project by Elk Finance. This update to Elk Finance’s customer offerings will “allow everyone to harness the most advanced farming contracts in DeFi.”

The projects that placed second through fifth in the Builder track were as follows.

In the Eco-Friendly track, which showcased projects working towards sustainability and environmental stewardship via the TRON Climate Initiative, first place went to EcoMarket, an open marketplace for procuring used and recycled plastics.

EcoMarket wants to build a platform that incentivizes recycling and clean storage of used plastics, while providing companies with reliable and transparent sources of recycled materials.

The projects that placed second through fifth in the Eco-Friendly category were as follows.

The DeFi category was topped by Ergon. This project’s goal is to simplify user access to TRON Stake 2.0, providing savings on transaction fees by renting energy while earning by staking…

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