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Bybit and DMCC Hackathon: The Future of Web3 in Dubai

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6 hours ago


Bybit and DMCC concluded their Web3 hackathon in Dubai, spotlighting blockchain innovation. The event drew 15 cutting-edge projects presenting their ideas to expert panels.

Key Facts about the Web3 Unleashed Hackathon

Bybit, the world’s second-largest cryptocurrency exchange, together with DMCC held the region’s largest Web3 hackathon, Web3 Unleashed. The final event took place on November 20, 2024, at S/O Uptown Ballroom in Dubai featuring 15 selected projects.

Participants and Event Partners

The hackathon was supported by partners such as Cointelegraph, DWF Labs, among others. Competing projects were evaluated by a panel of experts from DMCC Crypto Centre and sponsors. Winners gain access to acceleration programs, security audits, and industry mentorship.

The DMCC and Bybit Hackathon speaks volumes about Dubai’s wealth of talent.Helen Liu, COO of Bybit

Impact on Web3 Development in the Region

The hackathon is part of initiatives to boost blockchain technology development in the MENA region. Bybit, alongside DMCC, facilitates the growth, establishing Dubai as a Web3 tech hub.

Bybit and DMCC's hackathon highlighted blockchain innovation potential in addressing real-world issues, drawing global community attention and fostering Web3 ecosystem growth in the region.

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