ETHDenver Hackathon Finalists Take Aim at Adoption Barriers

ETHDenver Hackathon Finalists Take Aim at Adoption Barriers
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ETHDenver Hackathon Finalists Take Aim at Adoption Barriers

At the closing ceremony for the ETHDenver conference on Sunday, 30 hackathon finalists pitched their project to a crowd of hundreds at the Sports Castle venue – a range of submissions primarily focused on solving common pain points across the Ethereum ecosystem.

While the teams were competing for up to $5,000 for top prizes in various categories, even runners-up will likely receive significant attention from venture capital and angel investors – a popular trend from an investment space flushed with cash and hungry for “alpha.”

In the DeFi category, submissions such as Dust Sweeper, which collects and swaps small amounts of tokens or “dust” that would be costly to consolidate into other currencies, and SlowSwap, an AMM that prevents MEV with delayed swaps, focused on addressing common user gripes. Additionally, Mimicry Protocol and Bunker.finance focused on lending and derivatives for NFTs, respectively.

Likewise, DAO-focused submissions centered on addressing popular pain points for the emergent organizations. Background Network pitched a DAO that would outsource help desk and community management duties, while AcademyONE centered on providing rewards for creating and consuming educational content.

A pair of surprisingly visually appealing games stood out in the Metaverse and Gaming category: INDAO, a yield-producing Sci-Fi title, and MoonScape, a fantasy role-playing game utilizing NFTs for in-game items.

Perhaps the most exciting submissions, however, focused on privacy with the deployment of zero-knowledge proofs, as well as greater real-world integration.

ZKmaps would use ZK proofs to enable users to prove that they were present at a specific geographic location at a specific time without revealing their exact location. Zk Proof of Buffness, meanwhile, proves that a user holds a NFT from a particular collection, without revealing which specific NFT is held.

IdentDeFi pitched privacy-preserving KYC architecture, while ExchangeIt! pitched a real-world goods swap platform that would use smart contract escrowing and DAO-mediated conflict resolution.

The full list of hackathon category winners will be posted in the coming days.

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