BNB Chain Announces Innovation Hackathon at Web3 Delight Riyadh

BNB Chain Announces Innovation Hackathon at Web3 Delight Riyadh

We are excited to announce our sponsorship of an Innovation Hackathon at the upcoming Web3 Delight conference in Riyadh, Saudi Arabia on March 6.

Developers, entrepreneurs, students, young professionals and blockchain enthusiasts will solve real-world problems, win prizes worth a total of 40,000 SAR, receive certificates of participation, and meet experienced mentors, potential investors, and new partners or clients. Register for the BNB Chain Innovation Hackathon today!

In addition to nurturing innovation on BNB Chain, our hackathon will also open doors and strengthen relationships with universities and the broader education community in Saudi Arabia. Partners and sponsors of the BNB Chain Web3 Delight hackathon include Prince Sultan University and Business Incubator and Accelerator Company (BIAC), a subsidiary of the TAQNIA, which, in turn, is wholly owned by the Public Investment Fund (PIF).

The Innovation Hackathon challenges fall into the following tracks:

DeFi Protocol: In centralized exchanges and Cefi, the proportion of institutions is quite high and increasing. In order to attract institutional investors to Defi, KYC infrastructure and a stable ecosystem must be established, but projects and protocols that have been developed so far have been targeted only for Retail. Any projects have a vision and mission on how it can work with institutional investors to bring rich liquidity?

Lifestyle in Web3: Lifestyle in web3 has seen a plethora of ideas come to life through NFTs, socialfi, gamefi, and more. This challenge seeks to find innovative project ideas that offer breakthroughs using web3 and blockchain technology such as creating decentralized livestream platforms. Decentralization can become a hidehout for deviants in a world with growing concerns regarding censorship. Participants should combine their technical skills with their creative thinking to propose clear project ideas that offer inherent benefits through web3 coupled with a realistic strategy to go to market.

The Road Towards Decentralized Society: The challenge: Design and implement a soulbound tokens SDK for the gaming industry that allows developers to easily integrate soulbound tokens into their games. The SDK should include all the necessary tools and documentation for developers to integrate the soulbound tokens into their games, including methods for creating and managing soulbound tokens, tracking their ownership and transfer, and implementing them into game mechanics. The final product should be easy to use, well-documented, and designed to encourage adoption and integration by the gaming community.

Web3 Delight Riyadh is designed around the concept of understanding what it takes to generate value at each stage of the Web3 value chain. Conversations will focus on adopting blockchain technology, future marketing in Web3, NFTs, governance policies, career opportunities in Metaverse, fundraising, and building in a bear market environment.

The conference is jointly organized by Impact Partners, a Saudi management advisory company; JAWRAA, a leading Saudi Arabian digital transformation company; and SwiftMotion, a fully capitalized micro-VC and investment arm of the management consultancy Agile Dynamics.

Join us at Web3 Delight Riyadh and sign up for the BNB Chain Innovation Hackathon today!