Chainlink Announces Winners of $550K Hackathon Prize Pool
Chainlink, the industry-leading oracle network in the blockchain industry, today announced the winners of its Fall 2021 Hackathon. The event awarded $550,000 in prizes, received nearly 290 project submissions, and recorded 7,800+ signups — double that of Chainlink’s Spring hackathon. Participants from around the world came together to showcase their passion and talent for building the next generation of hybrid smart contracts.
Chainlink and the other hackathon sponsors awarded prizes to the teams that showed exceptional creativity in both their ideas and implementation, creating new use cases across verticals such as decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and social impact, as well as developer tooling to help engineers easily leverage Chainlink oracles in their applications. According to a survey of participants, more than 40% of hackathon attendees had little to no experience in smart contract development before entering the hackathon, and an additional 40% had little to no programming experience at all.
“It’s been a wild ride watching so many developers use smart contracts and oracles to build such incredibly creative and powerful applications,”
said Patrick Collins, lead developer advocate at Chainlink Labs.
“As one of the largest hackathons in the blockchain space, this is the stomping ground of innovation. It’s at these events where the future of technology and Web3 is built.”
The Chainlink Fall 2021 Hackathon awarded prizes across a wide array of categories, ranging from the $30,000 grand prize to topic-specific prizes in critical blockchain verticals. Of the nearly 290 project submissions received, 90 used