Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Solana Hackathon highlights social marketplace and PoW mining
ALTCOIN NEWS

Solana Hackathon highlights social marketplace and PoW mining

By Crypto FlexsMay 7, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Solana Hackathon highlights social marketplace and PoW mining
Share
Facebook Twitter LinkedIn Pinterest Email
  • The Solana Renaissance Hackathon highlighted innovative projects.
  • The event was attended by 8,300 people from over 95 countries.
  • Winning projects include gaming, DeFi, DAOs, and decentralized networks.

The Solana Network is attracting global attention as a hub for Web3 innovation. The growing focus on performance and ecosystem provides fertile ground for decentralized application (dApp) development.

This was evident at the recent Solana Renaissance Hackathon, where over 8,300 participants from 95 countries submitted over 1,000 projects.

Ore takes first place and Banger.lol takes the consumer app

On Monday, May 6th, the Solana Foundation revealed the Renaissance Hackathon winners. The event attracted over 8,300 participants who submitted over 1,000 projects. Winners spanned multiple tracks, including decentralized technologies such as gaming, DeFi, DAOs, and more.

Ore emerged as the grand champion of the hackathon, winning $50,000 USDC and a ticket to Breakpoint 2024. This project introduces a new Proof-of-Work (PoW) digital currency that can be mined using the unique algorithm of the Solana blockchain. We aim to revive PoW in a decentralized manner while leveraging Solana’s infrastructure for scalability and efficiency.

In the consumer app category, Banger.lol, which allows creators to monetize their social media presence on the tweet trading marketplace, won. Second place went to Wootz Browser, which rewards users for contributing to its generative AI. Specifically, browsers pay users to help improve machine learning algorithms.

Learn more

Solana Gaming Winner in the Cryptocurrency Infrastructure Category

In the cryptocurrency infrastructure track, Solana client High TPS won. The app optimizes the scheduling and pipeline processes of the Solana blockchain to improve transaction throughput and improve network capacity, providing scalability and better rewards.

In the cryptocurrency gaming category, Meshmap and City Champ were the winners. City Champ is a 3D mapping network integrated into the game where players can earn rewards and create 3D scans of their cities to encourage crowdsourced data collection.

The winner in the DeFi and payments category was Urani, an integrator that protects users from malicious Miner Extractable Value (MEV) that can distort DeFi transactions. Integrates protection directly into the application layer.

The variety of projects in this hackathon highlights the breadth of solutions developers can build in the Solana ecosystem.

On the flipside

  • Solana has seen notable growth in the DeFi ecosystem, with some analysts predicting: SOL might take third place Among cryptocurrencies.
  • Due to rapid growth, Solana is experiencing difficulties. network congestionThis leads to a high transaction failure rate.

Why This Matters

Solana Renaissance Hackathon highlights the potential of decentralized technologies. Showcasing innovations across tracks such as DeFi, gaming, consumer apps, and DAOs, we demonstrate how decentralized apps can solve real-world problems.

Learn more about Solana’s potential to become the third largest cryptocurrency asset:
Here’s how Solana outperforms BNB and USDT: Franklin Templeton

Learn more about the Cartier-cryptocurrency connection.
Cartier heir caught laundering cryptocurrency from 100KG cocaine bust.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Bitcoin dominance 63% -Do you have time to rethink the Altcoin strategy?

April 6, 2025

Top Cryptocurrency Earners Today, June 8 – Friend.tech, Filecoin, Sei, Wormhole

June 9, 2024

Glassnode: Reveals new metrics to identify seller fatigue over multiple time periods

May 14, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

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