Announcing the Launch of Crypto Innovation Competition
Geneva, Switzerland, July 29, 2024 – We are excited to announce the start of a new season of our crypto innovation competition, in collaboration with several leading DAOs. Submissions are now open until October 23, offering participants a chance to showcase their skills and creativity in the blockchain space.
Exciting Tracks for Season 7
This season features five exciting tracks for participants to choose from:
- Web3: Help shape the future of the internet by creating projects that contribute to a decentralized web.
- Artistry: Explore the intersection of blockchain technology, gaming, and NFTs to revolutionize the entertainment industry.
- DeFi: Develop innovative DeFi projects that revolutionize the world of decentralized finance.
Participants will have the opportunity to connect with leading crypto VCs, industry experts, and venture capital firms, gaining valuable exposure and networking opportunities.
Building a More Inclusive Financial System
In order to make financial services more accessible to everyone, we are launching a new initiative that focuses on expanding access to banking and investment opportunities.
Project Updates on TRON/BTTC
We are excited to announce that returning projects on TRON/BTTC with significant updates will be eligible for special rewards and support. This is part of our ongoing effort to encourage innovation and growth within the TRON ecosystem.
Integrating Protocols and dApps
We are inviting developers to integrate protocols, dApps, and services to enhance the TRON ecosystem. This open call aims to showcase the capabilities of the TRON network and foster collaboration among developers.
Prize Pool Breakdown
HackaTRON Season 7 offers a generous prize pool of up to $650,000, including $500,000 in TRX and $150,000 in energy prizes. The energy prizes are designed to offset network fees and improve the efficiency of blockchain interactions for users.
The distribution of prizes, determined by a combination of judge and community voting, is as follows:
Judge-Selected Qualifiers
- 1st Place: $25,000 in TRX
- 2nd Place: $15,000 in TRX
- 3rd Place: $10,000 in TRX
- 4th Place: $8,000 in TRX
- 5th Place: $6,000 in TRX
Community-Selected Winners
- 1st Place: $7,000 in TRX
- 2nd Place: $6,000 in TRX
- 3rd Place: $5,000 in TRX
- 4th Place: $4,000 in TRX
- 5th Place: $3,000 in TRX
Exciting Prizes and Awards
Participants in the HackaTRON S7 event have the chance to win amazing prizes, including a grand prize of $3,000 in TRX. In addition to this, there are various bonus prizes and special awards that contribute to the total prize pool of $500,000 in TRX. These bonuses recognize outstanding achievements and contributions in specific areas, encouraging diverse and innovative solutions.
Prize Details
All prizes are issued in TRX or TRON network Energy, not USD, restrictions applied. Winners will have the opportunity to showcase their skills and creativity in the world of blockchain technology and cryptocurrency.
Sponsors Spotlight
Diamond Sponsor: Google Cloud
Google Cloud is a leading provider of AI, infrastructure, developer, data, security, and collaboration tools. Their cutting-edge technology and innovative solutions are designed to help organizations succeed in today’s digital world.
Gold Sponsor: Mobilum
Mobilum is a financial technology company that offers various payments and banking solutions to bridge the gap between traditional finance and the web3 world. Their services aim to make financial transactions more efficient and secure for users.
Transforming the Future of Cryptocurrencies
Our main goal is to revolutionize the way people interact with cryptocurrencies on a daily basis. We strive to make them more accessible, easier to spend, and a common part of everyone’s life.
Pioneering the XR Metaverse
Pentagon Games is a trailblazer in the world of ZkEVM chain games, pushing the boundaries of XR metaverse technology. Our mission is to create immersive gaming experiences that utilize AI, AR, VR, and blockchain technology to provide players with a truly unique and interactive environment.
Revolutionizing Crypto Markets with AI
GT-Protocol is at the forefront of Web3 AI execution technology, offering users a seamless way to access CeFi, DeFi, and NFT crypto markets through a single conversational AI interface. We aim to simplify the process of navigating the complex world of cryptocurrencies.
Exciting Updates on the Horizon
We have exciting news and additional sponsors to announce in the coming weeks, so stay tuned for more updates on our progress and developments.
Mark Your Calendar for Important Dates
Don’t forget to note down these key dates for HackaTRON S7:
- Submission Period: July 25 – Oct 8
- Judging & Voting: Oct 24 – Oct 31
- Winners Announcement: Nov 13
- Demo Week: Nov 18 – Nov 22
- Mainnet Launch: Dec 3
Celebrate the successful launch of HackaTRON S7 with us at the Bitcoin 2024 Nashville event on July 25th at The Vū Nashville.
Experience the Excitement of HackaTRON Season 7 Launch Party
Join us at the iconic Movie Studio for the highly anticipated HackaTRON Season 7 Launch Party. This event will kick off the start of an exhilarating season, immersing guests in the futuristic and cyberpunk world of TRON.
The evening will be unforgettable, with live music, a talented DJ, and three hours of complimentary drinks and delicious light bites. Guests will also have the exclusive opportunity to browse and shop at the TRON merch store.
We extend our special thanks to the sponsors of HackaTRON Season 7 for their support in making this event possible. It’s an event not to be missed!
Join us in Shaping the Future
If you’re interested in learning more about the prizes, rules, and registration for HackaTRON Season 7, please visit the official HackaTRON S7 website.
About TRON DAO
TRON DAO is a community-governed organization dedicated to driving the decentralization of the internet through blockchain technology and dApps.
Founded by H.E. Justin Sun in September 2017, the TRON network has achieved significant milestones since its MainNet launch in May 2018. In July 2018, the integration of BitTorrent into the ecosystem further solidified TRON’s position as a leader in decentralized Web3 services, with over 100 million users worldwide.
The Rise of TRON Network
The TRON network has experienced significant growth in recent years, with a large number of active users. As of July 2024, there are over 244 million total user accounts on the blockchain, with more than 8 billion total transactions and over $20 billion in total value locked (TVL), according to TRONSCAN.
Decentralization and Adoption
In December 2021, the TRON network achieved full decentralization and transitioned into a community-governed DAO. This move has further solidified TRON’s position as a leading blockchain platform. Additionally, TRON has become the host of the largest circulating supply of USD Tether (USDT) stablecoin globally, surpassing USDT on Ethereum since April 2021.
Partnerships and Recognition
TRON’s achievements have not gone unnoticed, as in October 2022, it was chosen as the national blockchain for the Commonwealth of Dominica. This groundbreaking partnership marks the first time a major public blockchain has collaborated with a sovereign nation to develop its national blockchain infrastructure. Alongside this partnership, the government has endorsed the issuance of Dominica Coin (“DMC”), a blockchain-based fan token to boost Dominica’s global presence.
Furthermore, seven existing TRON-based tokens, including TRX, BTT, NFT, JST, US… (text trunchiat)
Legal Recognition of Digital Currencies in the Country
In a significant development, DD, USDT, and TUSD have been officially recognized as authorized digital currencies and mediums of exchange in the country. This move grants them statutory status and provides a legal framework for their use in various transactions.
The decision to grant legal recognition to these digital currencies reflects the growing acceptance and adoption of cryptocurrency in the country. It opens up new opportunities for businesses and individuals to utilize these digital assets in a secure and regulated manner.
With this latest development, DD, USDT, and TUSD are poised to play a more prominent role in the country’s digital economy. Their official recognition as authorized digital currencies will help boost their credibility and increase their use in everyday transactions.
