{"id":22626,"date":"2023-11-13T13:13:18","date_gmt":"2023-11-13T13:13:18","guid":{"rendered":"https:\/\/web3unplugged.io\/blog\/?p=22626"},"modified":"2023-11-13T13:13:20","modified_gmt":"2023-11-13T13:13:20","slug":"bybit-and-dmcc-crypto-centre-announce-top-ten-finalists-for-the-web3-unleashed-crypto-innovation-challenge","status":"publish","type":"post","link":"https:\/\/web3unplugged.io\/blog\/bybit-and-dmcc-crypto-centre-announce-top-ten-finalists-for-the-web3-unleashed-crypto-innovation-challenge\/","title":{"rendered":"Bybit And DMCC Crypto Centre Announce Top Ten Finalists For The Web3 Unleashed: Crypto Innovation Challenge"},"content":{"rendered":"\n<p>Bybit,\u00a0in collaboration with the Dubai Multi Commodities Centre (DMCC) Crypto Centre, has revealed the top ten finalists for the hackathon: \u201cWeb3 Unleashed: Crypto Innovation Challenge. This showcases innovative Web3 startups and aspiring businesses in the UAE, showcasing their contributions to the digital asset market.\u00a0<\/p>\n\n\n\n<p>From the 100 teams who applied, ten have been selected for their groundbreaking work across various sectors of the blockchain industry, including GameFi, decentralized finance (DeFi), NFTs, and sustainable blockchain solutions. These teams will present their entries at the event showcase on Nov. 22.<\/p>\n\n\n\n<p>Team EVA.IO is pioneering a decentralized Supervised Machine Learning rating system for Crypto, DeFi, and NFTs,\u00a0while Cyborg Network redefines cloud computing within the Polkadot Ecosystem. Copin empowers users to leverage insights from top on-chain traders, and Pravica pioneers peer-to-peer Web3 messaging and value transfer infrastructure.<\/p>\n\n\n\n<p>Top Ledger introduces an enterprise-level blockchain analytics solution, as Edu3Labs merges education with blockchain for a more rewarding learning experience, and iTeller is a profitable fintech\/crypto OTC business. Meanwhile, Timeswap breaks new ground with its fully decentralized lending and borrowing protocol.<\/p>\n\n\n\n<p>Akka brings AI-powered efficiency to cross-chain asset movement, and DRIFE, dubbed \u201cTaxi 3.0,\u201d aims to overhaul the traditional ride-hailing industry. These ten teams stand to win from a prize pool of up to 100,000 USDT, including a cash prize equivalent to 50,000 USDT and additional prizes worth 50,000 USDT, such as access to Brinc\u2019s accelerator, a complementary DMCC license, and a Hacken smart contract audit.<\/p>\n\n\n\n<p>\u201cThe \u2018Web3 Unleashed: Crypto Innovation Challenge\u2019 is more than a competition; it\u2019s a testament to the transformative power of collaboration in the era of blockchain technology,\u201d said Ben Zhou, co-founder and CEO. \u201cFostering an environment where innovation thrives is one of our top priorities on our mission to become the world\u2019s Crypto Ark.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bybit,\u00a0in collaboration with the Dubai Multi Commodities Centre (DMCC) Crypto Centre, has revealed the top ten finalists for the hackathon: \u201cWeb3 Unleashed: Crypto Innovation Challenge. This showcases innovative Web3 startups and aspiring businesses in the UAE, showcasing their contributions to the digital asset market.\u00a0 From the 100 teams who applied, ten have been selected for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":22628,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-22626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/11\/BYBIT.jpg",759,506,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/11\/BYBIT.jpg",759,506,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/11\/BYBIT.jpg",759,506,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/11\/BYBIT-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/11\/BYBIT-300x200.jpg",300,200,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/11\/BYBIT.jpg",759,506,false],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/11\/BYBIT.jpg",759,506,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/11\/BYBIT.jpg",759,506,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/11\/BYBIT.jpg",630,420,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/11\/BYBIT.jpg",100,67,false]},"rttpg_author":{"display_name":"Admin CG","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin-cg\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/web3unplugged.io\/blog\/category\/news\/\" rel=\"category tag\">news<\/a>","rttpg_excerpt":"Bybit,\u00a0in collaboration with the Dubai Multi Commodities Centre (DMCC) Crypto Centre, has revealed the top ten finalists for the hackathon: \u201cWeb3 Unleashed: Crypto Innovation Challenge. This showcases innovative Web3 startups and aspiring businesses in the UAE, showcasing their contributions to the digital asset market.\u00a0 From the 100 teams who applied, ten have been selected for&hellip;","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/22626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=22626"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/22626\/revisions"}],"predecessor-version":[{"id":22629,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/22626\/revisions\/22629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/22628"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=22626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=22626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=22626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}