DWF Labs Becomes Official Partner for DMCC, Bybit Web3 Unleashed Hackathon

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As a seasoned crypto investor with over a decade of experience under my belt, I can confidently say that the partnership between DWF Labs, DMCC, and Bybit for the Web3 Unleashed hackathon is a game-changer. With a staggering $100,000 prize pool and a focus on real-world challenges, this event presents an unprecedented opportunity for Web3 developers, tech pioneers, and investors alike.

Confirmation has been received that elite Web3 startup incubator DWF Labs will serve as an official partner for the DMCC x Bybit Web3 Unleashed Hackathon, an event focused on nurturing innovation and tackling real-world issues by applying decentralized technologies across multiple blockchain networks.

DWF Labs is backing DMCC and Bybit hackathon with $100,000 reward pool

DWF Labs, a globally significant market maker and venture capital firm, has declared their participation in the DMCC x Bybit Web3 Unleashed Hackathon, pledging a total of $100,000 in prize money, equivalent to U.S. Dollar Tether (USDT). This platform will offer assistance to founders and applicants in this venture.

We’re collaborating with dmcccrypto and Bybit_Official for their second shared hackathon event! 🔥

This hackathon boasts a prize pool of $100,000, targeting innovative Web3 companies. It’s the biggest one in its category within the region 🌐✨

Discover more details:

— DWF Labs (@DWFLabs) September 6, 2024

Calling all web3 developers, technological trailblazers, and forward-thinking investors! The “Innovating for a Better Tomorrow” Hackathon, welcoming new participants, is now accepting applications in the realm of Web3.

Teams and projects have until Oct. 5 to submit their application in order to participate in the Web3 hackathon. The top 10 applicants will be selected to pitch their ideas at a five-star hotel in Dubai, providing a global stage to showcase their innovations.

Initially, hackathon submissions will be evaluated from October 5th to the 18th, and the top 10 finalists will be revealed on October 21st. The live event is scheduled for November 20th at Dubai’s Uptown Tower, with an afterparty following it.

$20 million Cloudbreak Fund for Chinese Web3 founders up and running

100,000 USDT in prize money, along with various services, has been set aside for the victorious teams. These winning teams will also be granted access to blockchain solutions provided by Hacken and Injective. We invite interested participants to submit their ideas in the following core Web3 areas: AI, infrastructure, zero-knowledge proofs, digital identity, and DePIN.

At the major gathering in Dubai, contestants will get a chance to present their concepts to a group of judges, which includes members from DWF Labs, Bybit, DMCC Crypto Centre, Hacken, Injective, Meezan Ventures, and others. This event also offers teams the possibility to broaden their connections and gain insights from industry professionals.

Beyond offering seed capital for exceptional new businesses, DWF Labs also offers market making services and Over-The-Counter (OTC) transactions to its associates. Furthermore, it nurtures Web3 skills by sponsoring hackathons and funding initiatives that grant financial assistance to budding start-ups, enabling them to develop concepts with the potential to revolutionize the Web3 landscape.

At DWF Labs, we run several initiatives aimed at fostering fledgling ventures. One such initiative is the Cloudbreak Fund, which offers a significant investment of $20 million to Chinese projects and their founders, along with crucial strategic support.

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2024-09-09 19:05