Close Menu
  • Home
  • About Us
  • HR Tech
  • Marketing
  • AI
  • Technology
  • Contact Us
Facebook X (Twitter) LinkedIn
LinkedIn
TechRay NewsTechRay News
Subscribe
  • Home
  • About Us
  • HR Tech
  • Marketing
  • AI
  • Technology
  • Contact Us
TechRay NewsTechRay News
Home » Bybit and DMCC Crypto Centre Announce Top Ten Finalists for the Web3 Unleashed: Crypto Innovation Challenge
Bybit and DMCC Crypto Centre Announce Top Ten Finalists for the Web3 Unleashed: Crypto Innovation Challenge

Bybit and DMCC Crypto Centre Announce Top Ten Finalists for the Web3 Unleashed: Crypto Innovation Challenge

Technology November 9, 2023
Share
Facebook Twitter LinkedIn

Bybit, in collaboration with the Dubai Multi Commodities Centre (DMCC) Crypto Centre, is proud to announce the top ten finalists for the hackathon: “Web3 Unleashed: Crypto Innovation Challenge.” This showcases innovative Web3 startups and aspiring businesses in the UAE, showcasing their contributions to the digital asset market.

From the 100 teams who applied, ten have been selected for their groundbreaking work across various sectors of the blockchain industry, including GameFi, decentralized finance (DeFi), NFTs, and sustainable blockchain solutions. These teams will present their entries at the event showcase on Nov. 22.

Team EVA.IO is pioneering a decentralized Supervised Machine Learning rating system for Crypto, DeFi, and NFTs, while Cyborg Network redefines cloud computing within the Polkadot Ecosystem. Copin empowers users to leverage insights from top on-chain traders, and Pravica pioneers peer-to-peer Web3 messaging and value transfer infrastructure.

Top Ledger introduces an enterprise-level blockchain analytics solution, as Edu3Labs merges education with blockchain for a more rewarding learning experience, and iTeller is a profitable fintech/crypto OTC business. Meanwhile, Timeswap breaks new ground with its fully decentralized lending and borrowing protocol.

Akka brings AI-powered efficiency to cross-chain asset movement, and DRIFE, dubbed “Taxi 3.0,” aims to overhaul the traditional ride-hailing industry. These ten teams stand to win from a prize pool of up to 100,000 USDT, including a cash prize equivalent to 50,000 USDT and additional prizes worth 50,000 USDT, such as access to Brinc’s accelerator, a complementary DMCC license, and a Hacken smart contract audit.

“The ‘Web3 Unleashed: Crypto Innovation Challenge’ is more than a competition; it’s a testament to the transformative power of collaboration in the era of blockchain technology,” said Ben Zhou, co-founder and CEO. “Fostering an environment where innovation thrives is one of our top priorities on our mission to become the world’s Crypto Ark.”

#Bybit / #TheCryptoArk

About Bybit

Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

AI artificial-intelligence blockchain industry business decentralized finance (DeFi) GameFi machine learning marketing MarTech NEWS NFTs tech technology
Share. Facebook Twitter LinkedIn
Previous ArticleAXISCADES registers highest ever quarterly revenue of INR 2,515 Mn. and completes acquisition of add solution GmbH
Next Article NOCO-NOCO ANNOUNCES STRATEGIC ALLIANCE WITH TECHNOLOGY TO ADVANCE SMART CITY INITIATIVES

Related Posts

Luminys Unveils SYNC ROBOTIC’s AI Robot Security Inspection Solution as Key Milestone in Foxlink’s and NVIDIA’s Global AI Leadership

June 17, 2025

Raport IDC: w I kw. 2025 r. Huawei była numerem jeden na światowym rynku urządzeń noszonych na nadgarstku

June 17, 2025

Purple Crayon Names Andrea Ocampo Partner/EVP of Brand Transformation Amid Strategic Growth Push

June 17, 2025
Leave A Reply Cancel Reply


Our Picks

Luminys Unveils SYNC ROBOTIC’s AI Robot Security Inspection Solution as Key Milestone in Foxlink’s and NVIDIA’s Global AI Leadership

June 17, 2025

Raport IDC: w I kw. 2025 r. Huawei była numerem jeden na światowym rynku urządzeń noszonych na nadgarstku

June 17, 2025

Purple Crayon Names Andrea Ocampo Partner/EVP of Brand Transformation Amid Strategic Growth Push

June 17, 2025

From Cosmos and NEAR to Bitcoin Mining: Legal Heavyweight Nathan Cho Joins TeraHash

June 17, 2025
Stay In Touch
  • Facebook
  • Twitter
  • LinkedIn

Subscribe to Updates

Come and join our community!



    Type above and press Enter to search. Press Esc to cancel.