MENA’s Largest Hackathon In The UAE: Three Winners With Web3-Improving Inventions

 

Bybit, the world’s third-largest crypto exchange by volume, partnered with DMCC Crypto Centre to successfully wrap up a groundbreaking hackathon, empowering Web3 innovation in Dubai.

The collaborative effort between Bybit and DMCC, announced in June to foster the mass adoption of Crypto and Web3 in Dubai, culminated in the largest hackathon in the MENA region. The event featured a USD 110,000 prize pool dedicated to advancing crypto innovation within the Web3 ecosystem, marking a significant milestone in their partnership.

Ten pioneering teams showcased their groundbreaking innovations in diverse blockchain domains, including GameFi, decentralized finance (DeFi), Web3 infrastructure, NFTs for Web3 Education, and sustainable blockchain solutions during the hackathon’s final stage. The competition resulted in three standout projects claiming the top spots.