The XRPL SEA Hackathon 2024 is a fantastic opportunity for Web3 projects and developers from Thailand, Singapore, Vietnam and across Southeast Asia to show the world their innovative ideas by building on the Ripple Ledger (XRPL). The upcoming event not only offers prize money that could reach up to $10,000, but also provides participants with a unique chance to gain invaluable experience, network with industry professionals and contribute to the dynamic XRPL ecosystem.
Introducing XRPL
The XRP Ledger, as known as XRPL, is a L1 blockchain created to meet the growing demands of tokenization and asset movement across industries. With a focus on low costs and high efficiency, XRPL has been a trusted platform for over a decade with recognition and respect from developers, infrastructure providers, financial institutions and users worldwide.
Ripple, one of the primary organizations contributing to XRPL’s development, recently announced a groundbreaking commitment of 1 billion XRP in funding. This substantial investment is dedicated to fueling open-source projects and advancements within the XRPL ecosystem. Such an initiative underscores Ripple’s long-term vision of enhancing XRPL’s utility and value in a decentralized, financial environment. It’s about the platform’s maturity and resilience, which is making XRPL ideal for new projects in Southeast Asia.
What is the XRPL SEA Hackathon 2024?
The XRPL SEA Hackathon 2024 is an upcoming event for developers in Southeast Asia who wish to bring their creative ideas to life on the XRPL. The hackathon is a prime opportunity for projects to demonstrate their innovative solutions and compete for a substantial prize pool, with the top award reaching $10,000. The hackathon is a competition but also a program to support each team every step of the way that makes sure that their projects have the resources they need to succeed.
The hackathon includes various support programs, mentorship sessions and workshops to help participating teams enhance their skills and knowledge and give them access to tools and resources that can bring their projects to fruition. If you’re participating, you have the opportunity to not only refine your skills but also to make connections that can lead to future collaborations and partnerships.
Becoming an Ambassador for XRPL SEA Hackathon 2024
To expand its reach and impact, XRPL SEA Hackathon 2024 is actively looking for ambassadors in Thailand, Singapore, and Vietnam. As an ambassador, participants will have the opportunity to represent the XRPL community, meet people with prominent projects and experts within the ecosystem. Ambassadors play a crucial role in spreading awareness, providing support and assisting in the growth of XRPL adoption across the Southeast Asian region.
In this role, ambassadors can network with top professionals, participate in exclusive events and assist in creating an environment that encourages the development and application of XRPL technology throughout Southeast Asia. This is an incredible chance for blockchain enthusiasts who want to make a tangible impact in the community and contribute to the wider XRPL ecosystem. The hackathon is a collaborative effort, and ambassadors play a central role in connecting XRPL with local communities.
Key Benefits for Participants in XRPL SEA Hackathon 2024
The XRPL SEA Hackathon 2024 offers a range of benefits that extend beyond just prize money. Here are the primary advantages for developers who decide to participate:
Developers gain a full understanding of XRPL, unlocking new possibilities within its ecosystem. This hackathon is an immersive learning experience that lets developers explore XRPL’s unique features, APIs, and tools to bring their ideas to life on this well-established blockchain.
With a prize pool reaching up to $10,000, participants have the chance to secure significant funding that can propel their projects to the next level. Prizes provide developers with an immediate boost to continue working on and expanding their projects.
The hackathon offers developers the chance to connect with fellow Web3 builders in the Asia-Pacific region, providing a platform to meet like-minded innovators, potential collaborators, and even future partners.
Selected projects may receive the opportunity to participate in the XRPL Acceleration Program, where teams can gain valuable mentorship, resources, and support to scale their projects.
The hackathon provides an ideal stage for teams to showcase their projects to investors, industry experts, and potential users, creating exposure that can lead to funding, partnerships, and user acquisition.
Developers will have access to resources and tools provided by XRPL ecosystem partners, giving them a competitive advantage when building out their ideas and integrating with the larger XRPL infrastructure.
Timeline of XRPL SEA Hackathon 2024
The XRPL SEA Hackathon 2024 has outlined a comprehensive timeline to keep participants engaged and on track for success:
- Registration and Project Submission: Open from October 8 to November 7, 2024. Interested participants can register and submit their projects at submit.xrplsea.org.
- Online Product Demos: Virtual demos are scheduled from October 15 to October 29, 2024. Teams will have the opportunity to present their projects to a global audience, showcasing their ideas and receiving feedback.
- Live Demo Day: The hackathon will culminate in an exciting in-person Demo Day on November 10, 2024, in Bangkok, Thailand (tentative). Here, teams will present their completed projects to judges, industry leaders, and potential investors.
Hackathon Prize Structure
The XRPL SEA Hackathon 2024 offers attractive prizes for top-performing teams across two categories: EVM Sidechain and XRPL Mainnet development.
EVM Sidechain Category (for projects developed on XRPL’s EVM sidechain):
- 1st Place: $8,000
- 2nd Place: $4,000
- 3rd Place: $2,000
XRPL Mainnet Category (for projects built directly on the XRPL mainnet):
- 1st Place: $10,000
- 2nd Place: $5,000
- 3rd Place: $2,000
These prizes underscore the commitment to rewarding innovation and supporting the growth of the XRPL ecosystem.
Expanding Opportunities with the XRPL Japan Korea Fund
In addition to the hackathon prizes, the XRPL SEA Hackathon 2024 introduces participants to a broader network of funding and support. XRPL builders have a unique opportunity to access the XRPL Japan Korea Fund, which offers up to 1 billion XRP to support innovative projects within the XRPL ecosystem. This fund opens up exceptional opportunities for developers who are committed to expanding XRPL’s impact and reach in Southeast Asia and beyond.
The XRPL Japan and Korea Fund, part of Ripple’s commitment of 1 billion XRP to XRPL, is designed to foster groundbreaking projects. For developers with transformative ideas, this fund represents an opportunity to secure significant resources and build momentum for their XRPL-based initiatives.
Join the XRPL SEA Hackathon 2024 Today
The XRPL SEA Hackathon 2024 is more than just a competition; it’s a gateway to an exciting future in blockchain innovation. For developers, ambassadors, and Web3 projects across Southeast Asia, this is a golden opportunity to connect with a global community, demonstrate talent, and gain recognition in the dynamic world of blockchain. With impressive prizes and access to exclusive funding, XRPL SEA Hackathon 2024 is set to be an unforgettable journey that could shape the future of decentralized technology in Southeast Asia.
Register now and be part of the next generation of blockchain pioneers: submit.xrplsea.org.
Stay Connected
For more information and updates on XRPL SEA Hackathon 2024:
- Website: xrplsea.org
- Telegram Community: Join here
- Email: hi@apacdao.net
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