Bitget Celebrates Successful Under 30 Virtual Hackathon
Bitget, a well-known cryptocurrency derivatives and copy trading platform, recently concluded its Under 30 Virtual Hackathon on October 16, 2023. This event is part of the Blockchain4Youth CSR program, which aims to support young talents in AI and blockchain technology. The hackathon took place from August 12 to September 24, 2023, and showcased impressive innovations in the AI and blockchain fields.
Collaboration with Industry Leaders
The U30 Hackathon was organized by Bitget in collaboration with industry frontrunners like Bitget Wallet, Foresight Ventures, and HackerEarth. A substantial prize pool of $40,000 attracted over 1,000 teams of young innovators. Bitget’s internal blockchain experts served as judges, ensuring that the winning submissions not only demonstrated innovation but also had real-world applications.
Intriguing Themes
The hackathon revolved around three intriguing themes:
Trustless Infrastructure for AI
Participants were tasked with creating a trustless infrastructure for AI that enables secure AI applications through zero-knowledge proofs (zkp) and zk-SNARKs. This allows for the development of secure and private machine learning applications using blockchain technology.
AIGC and Web3 Gaming
Contestants addressed challenges such as scalability and security in the gaming sector by leveraging AIGC and blockchain technology to enhance Web 3 gaming experiences.
AI Marketplace
Contestants developed an AI marketplace that ensures secure and transparent trading of AI algorithms and data by utilizing blockchain technology.
Celebrating the Winners
The winners were recognized in different categories, with each receiving a prize of $10,000:
Impact to Blockchain Community
Lilium’s carbon offset program, which utilizes blockchain for carbon credit verification.
Most Creative Solution
Grease Pencil’s AI-driven storyboard builder.
Most Viable Solution
Explore the World’s NFT-based game that offers business coupons on NFTs.
Best Design
Derma 360’s AI-empowered skin problem diagnosing pen.
Promoting Innovation and Youth Engagement
Gracy Chen, Bitget’s Managing Director, expressed her enthusiasm for the outcomes of the hackathon. She emphasized that this event reflects the inventive spirit and potential of future leaders and aligns with Bitget’s broader Blockchain4Youth initiative to encourage blockchain and cryptocurrency adoption among young people. The innovations unveiled during the hackathon are expected to have a significant impact on the crypto and blockchain sectors.
Hot Take: Bitget Empowers Young Innovators in AI and Blockchain
Bitget’s Under 30 Virtual Hackathon successfully showcased the talent and creativity of young individuals in the fields of AI and blockchain. By providing a platform for innovation and collaboration, Bitget is empowering the next generation of leaders in these industries. The competition not only rewarded exemplary work but also encouraged participants to think outside the box and develop solutions with real-world applications. Through initiatives like the Blockchain4Youth program, Bitget is actively promoting youth engagement in the crypto and blockchain sectors. This will undoubtedly contribute to the continued growth and advancement of these technologies in the future.