Solana Ventures announced the results of IGNITION, a global hackathon focused on Web3, DeFi, Gaming, and NFTs. IGNITION is the fourth Solana hackathon, and the third and final one to take place this year. From August 31st to October 15th, the hackathon brought together crypto pioneers and developers from around the world to build projects on the Solana blockchain, supercharging what became known as ‘Solana Summer’.
Open to teams globally, IGNITION saw nearly 6,000 participants submit 568 final projects to the judges. Microsoft, Jump Crypto, Standard Chartered, Forte, and Metaplex joined Solana Ventures as category sponsors for the global hackathon, offering participants a global prize pool of up to $5 million in prizes and seed funding.
Katana, an asset management protocol building investment products across the risk spectrum, received the Grand Champion prize of $75,000 in USDC, along with passes to attend Breakpoint, the first annual Solana conference, where they will present their project.
For the Defi track, the first place went to Atrix, an AMM that allows for seamless creation of liquidity pools and farms on Serum, securing a prize of $65,000 in USDC.
For the Web3 track, the first place went to Project Citadel, a desktop client for Solana protocols, securing a prize of $45,000 in USDC.
For the Gaming track, Rushdown Revolt, a collectables and metaverse framework, secured a prize of $45,000 in USDC.
For the Digital Art & Collectables track, first place went to Neftify, an NFT lending platform for play-to-earn games, which secured a prize of $45,000 in USDC.
The Community Choice award went to DarleyGo, a blockchain horse racing game utilizing NFTs, receiving a $10k USDC prize for the project.
“The Solana ecosystem experienced amazing growth over this past year, and the IGNITION hackathon has been an exciting showcase of some of the best teams building in blockchain,” said Anatoly Yakovenko, CEO of Solana Labs. “We are thrilled to have these incredible projects building on Solana and look forward to seeing them evolve.”
By the end of the judging process, a total of 16 standout projects were also selected to receive additional prizes by the judges. The Solana community was able to vote for its favorite tracks and projects that highlight the next wave of crypto apps and infrastructure.
Additional winners and stand out projects include:
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DeFi track:
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Superposition: a decentralized fixed income protocol.
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Aver: decentralized and trustless betting markets.
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01 Protocol: a decentralized derivatives protocol offering everlasting options on Solana.
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Fluidity: a system that allows users to earn yield as a consequence of using their cryptocurrencies through Fluid Assets.
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Web3 track
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Bulldozer: a low code platform that makes it easier to build Solana programs, powered by Anchor.
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Alon: an IDE empowered by a WebAssembly port of Solana's compiler suite.
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Chaincrunch: a platform for on-chain analytics.
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Dialect: an on-chain messaging protocol & mobile app that supports dapp-to-user and user-to-user messaging.
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Gaming track
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Portals: a web-based metaverse platform for Solana.
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Eizper Chain: a multiplayer action role-playing game that contains synergy between adventure and arena battle.
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StepN: a move-2-earn mobile game onboarding millions of non-crypto runners to crypto.
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Titan Analytics: a commercial analytics platform built for the Metaverse.
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Digital Arts & Collectables track
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SolanaFloor: an NFT data analytics platform.
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Cofre: a peer-to-peer NFT escrow swap.
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Sonanalysis NFT Flex: NFT showcase and value estimation product.
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Banksea: pool-based lending collateralized with a user’s NFT collection.
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IGNITION received a 760% increase in submissions compared to Solana’s inaugural hackathon, Wormhole, which was completed in November 2020 with 66 project submissions. It is representative of the tremendous growth experienced across the Solana ecosystem in just under one year.
To learn more about the Solana IGNITION hackathon, please visit: https://solana.com/ignition.
