Sonic DeFAI Hackathon: A New Era in Blockchain and AI

user avatar

by Giorgi Kostiuk

2 years ago

Sonic Labs, the team behind the Sonic blockchain, has announced the launch of the Sonic DeFAI Hackathon. In partnership with DoraHacks and Zerebro, the hackathon invites participants to create novel AI agents to interact with blockchain technologies.

Goals and Objectives of the Hackathon

DeFAI is a new term that combines AI and blockchain technologies. The hackathon aims to use AI to transform how we interact with blockchain, allowing agents to execute complex tasks from managing social media to conducting financial operations on blockchain. Sonic offers a competitive edge with its high transaction speed of 10,000 TPS, enabling AI agents to perform real-time actions seamlessly.

The Sonic DeFAI Hackathon is a groundbreaking initiative that merges cutting-edge AI capabilities with the transformative power of blockchain. With $250,000 in prizes, we aim to inspire creators worldwide to redefine DeFi through AI agents.Luis Fausto, Content Lead, Sonic Labs

Application Process

To participate in the hackathon, developers can visit the Sonic DeFAI Hackathon page on the DoraHacks website. Participants are given four weeks to develop and finalize their projects. Submission deadline is February 21, 2025. Each team must submit a three-minute demo video and a link to the project’s code repository. A panel of industry experts, including Michael Kong, Jeffy Yu, and others, will evaluate the submissions.

Prizes and Awards

$250,000 in prizes will be distributed among winners across several categories. First place receives $60,000, second place $55,000, third place $45,000, along with special honorable mentions. Bonus prizes are also available for the best social, DeFAI, and tooling agents.

The Sonic DeFAI Hackathon provides developers with a unique opportunity to explore and promote the integration of AI and blockchain technologies. Winners will receive financial recognition and the chance to promote their projects in collaboration with Sonic Labs.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

NEAR Protocol Achieves 50 Million Operations Milestone

chest

NEAR Protocol's chain abstraction infrastructure has surpassed 50 million lifetime operations, marking a significant achievement in simplifying multichain crypto interactions.

user avatarArif Mukhtar

Solana Sees Significant RWA Inflows

chest

Solana has recorded $348 million in net inflows of real-world assets over the past 30 days, increasing its tokenized RWA value to $720 million.

user avatarMaria Gutierrez

Aave Governance Considers Emergency Powers to Protect Users

chest

Aave governance is considering a proposal to grant emergency powers to guardians to freeze vulnerable lending pools during security threats.

user avatarDavid Robinson

Router Protocol Users Must Move Assets During Grace Period

chest

Router Protocol users must take action during the grace period to bridge assets back to origin chains before relayer nodes are disconnected.

user avatarJacob Williams

Arbitrum Proposes Disqualification of Three DeFi Protocols from Future Grants

chest

A new governance proposal by Arbitrum aims to disqualify three DeFi protocols from future DAO grant allocations due to alleged reporting failures and misuse of prior incentives.

user avatarAndrew Smith

Router Protocol to Shut Down Crosschain Network and Burn 303 Million Tokens

chest

Router Protocol has announced a deprecation plan to shut down its crosschain messaging network and burn 303 million ROUTE tokens due to unsustainable maintenance costs.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.