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2024 Hackathon Rewind: Ideahacker's Guide to IBC: an IBC Ideathon

2024 Hackathon Rewind: Ideahacker's Guide to IBC: an IBC Ideathon

Hackathon Summary

The Ideahacker's Guide to IBC was an interchain ideathon designed to encourage innovative cross-chain concepts. This event saw the registration of 136 projects and participation from 319 developers and non-technical contributors. Unlike traditional hackathons, this ideathon required participants to submit conceptual ideas instead of code or product prototypes, which encouraged broader participation due to its lower entry barrier.

The ideathon distributed a $30,000 prize pool in ATOM tokens, along with an all-expenses-paid trip to Istanbul, to reward the most impactful ideas. Projects were selected from five tracks and judged by industry leaders from the Interchain Foundation and Osmosis Labs.

The event aimed to demonstrate the applications of the Inter-Blockchain Communication Protocol (IBC). Participants utilized the IBC Idea Builder to develop and submit their proposals, which showcased IBC features like interchain accounts, cross-chain NFT transfers, and data queries. The Interchain Foundation sponsored the event to promote understanding and use of the IBC protocol across blockchain applications, engaging the community with resources and support through platforms like Discord.

Hackathon Winners

Chain Abstraction Prize Winners

  • Interchain Lending Market: A decentralized application for stablecoin lending across blockchains, leveraging IBC for yield optimization and governance via DAOs.
  • Interchain Rights Broker: Facilitates NFT licensing across IBC-enabled blockchains with automated licensing and payments through Story Protocol.
  • MetaKey: Seamless Interchain Wallet Abstraction: Offers a unified interface for cross-chain wallet management, enhancing interoperability and transaction efficiency via IBC.
  • DeathFi: A protocol for posthumous digital asset management using IBC, featuring decentralized wills and NFT memorials.
  • TransChain-Health: A decentralized health monitoring system integrating blockchain and IoT for data transparency and analysis.

Solana Prize Winners

  • TriAd: A cross-chain ad exchange platform utilizing IBC and Solana for efficient ad management.
  • DAPM: Manages shared capital pools across blockchains, enhancing governance and treasury functions with IBC.
  • Solana- Sovereign Identity Protocol (SIP): Simplifies cross-chain identity management with IBC for secure decentralized identity.
  • IBCCraft Game: A Minecraft-like game using IBC for cross-chain quests and Solana rewards.
  • Privvy Protocol: Facilitates privacy management for cross-chain transactions via IBC, enabling stealth addresses and private transactions.

Intents & Incentives Prize Winners

DeFi Apps Prize Winners

  • Vector Protocol: Manages interchain debt with smart contracts and IBC for cost efficiency and risk management.
  • InterChain Asset Streaming Protocol (XASP): Enables real-time asset streaming and portfolio management across chains utilizing IBC.
  • SwapGuard: Provides protection against MEV in Cosmos with a comprehensive DeFi trading solution.
  • BlocPayroll: Simplifies international payroll processes using IBC, offering secure crypto payroll solutions.
  • Cross-Chain XTF (DeX Traded Fund): Facilitates cross-chain investment with IBC, improving portfolio management and cost efficiency.

Wild Card Prize Winners

For a comprehensive list of all projects and more detailed information, visit the Ideahacker's Guide to IBC Ideathon.

About the Organizer

Interchain Foundation

The Interchain Foundation is focused on developing and supporting the ecosystem of interoperable blockchain networks known as the interchain. The organization promotes collaboration and innovation within the blockchain industry, with an emphasis on multichain communication and scalability. Through its technical expertise and leadership, the foundation supports initiatives that drive interoperability across decentralized networks. It is committed to creating a seamless interconnected blockchain future and encourages industry involvement to advance the multichain ecosystem.