In partnership with the Bolt hackathon, Algorand held a blockchain challenge where participants created applications based on Algorand’s technology. The total prize pool for the hackathon was $1 million.
Overview of the Hackathon
Algorand served as the exclusive blockchain partner at the World’s Largest Hackathon hosted by Bolt. Participants were equipped with modern developer tools that facilitate easy access to the Web3 ecosystem powered by Algorand's capabilities, such as high throughput and low fees.
Hackathon Winner Startsnap.fun
The winner of the blockchain challenge was the platform Startsnap.fun, which received a prize of $25,000. This service allows developers to share their ongoing projects with the community for feedback and support.
Additional Projects and Awards
The judging panel identified five additional projects that will receive AWS credits and bridge services from Algorand. Among these are Algopay, Storyloom, RandCash.app, BioPay, and Fart NFT Maker.
Algorand and Bolt continue to support developers by providing resources for building blockchain applications. Their support program includes training and opportunities for startup launches, potentially fostering new business models within the Web3 technology landscape.
