Blockchain For Good Alliance (BGA) Announces Global Hackathon with $100K USD Prize Pool

CN
5 hours ago

PRESS RELEASE. In a world increasingly in need of innovative solutions to address pressing global challenges, the Blockchain for Good Alliance (BGA), a non-profit organization founded by Bybit, has announced the launch of the Sustainable Innovation Summit: The 17 SDGs Challenge, a global hackathon aimed at harnessing blockchain technology to create meaningful social impact. This event is a global movement driven by a commitment to aligning blockchain technology with the United Nations’ 17 Sustainable Development Goals (SDGs) and to invite innovators, visionaries, and entrepreneurs from around the globe to join forces for social impact.

The UN’s SDGs provide a comprehensive roadmap for tackling some of the world’s most urgent problems, from eradicating poverty to promoting clean water access, reducing inequalities, and ensuring sustainable cities. Blockchain, with its potential to enhance transparency, efficiency, and accountability, is uniquely positioned to address these challenges, making the BGA’s Sustainable Innovation Summit a pivotal moment in the quest for a better future.

A Platform for Real Change

This hackathon goes beyond showcasing technical skills — it’s a platform for visionary ideas that can bring about real change.

Participants are invited to align their projects with one or more of the SDGs, creating innovative blockchain-driven solutions that address global issues such as climate action, gender equality, and affordable and clean energy. Whether it’s reducing inequalities or ensuring responsible consumption and production, the projects emerging from this event have the potential to make a tangible, long-lasting impact.

The hackathon aims to empower innovators, visionaries, and entrepreneurs from around the world to collaborate and develop solutions that will reshape industries and societies. With blockchain being a powerful enabler of transformation, participants will have the unique opportunity to scale their ideas and play a critical role in driving global development goals.

With hundreds of project submissions, this hackathon offers an extraordinary platform to scale solutions for lasting global change.

Join the Movement

The global hackathon will culminate in a final pitch battle for the top 10 project finalists on 11 November 2024, where the Blockchain for Good Alliance will bring together government representatives, industry leaders, and global innovators for the inaugural Web3 Oscar: The Chains of Change, a gala event in Bangkok celebrating the most impactful blockchain projects.

The top participants in the Sustainable Innovation Summit will have the opportunity to present their solutions on this world stage, with the chance to win the $100,000 USD grand prize and gain access to a global network of investors and mentors.

Will your project be the one to lead the change? The world is watching — and now is your chance to shine.

Project registration closes 7 October 2024. For full details, refer below.

Event Highlights

  • Timeline: The hackathon spans from September 9, 2024, to November 11, 2024, culminating in an exclusive Demo Day in Bangkok.
  • Venue: Grand Hyatt Erawan Bangkok
  • Prize Pool: A massive $100,000 USD prize pool is at stake, with 10 award categories recognizing excellence in innovation, social impact, scalability, and more.
  • Global Community: Connect with 300+ individual participants and receive support from 50+ projects within the Web3 community.

Stakes Involved

  1. Equity-Free Rewards: Winners will receive cash prizes with no equity dilution, giving you full control to scale your business.
  2. Networking Opportunities: Rub shoulders with top industry leaders, potential investors, and blockchain pioneers at the Web3 Oscar in Bangkok.
  3. Global Visibility: Your project will be seen on an international stage, offering exposure that could propel your innovation to new heights.
  4. Incubation & Growth Support: Selected projects will benefit from ongoing incubation support, ensuring long-term success beyond the hackathon.

Award Categories

  • Grand Social Impact Award: Honors the most impactful solution addressing large-scale social issues.
  • Technical Innovation Excellence: Recognizes the best use of blockchain technology to solve societal challenges.
  • Visionary Leader Award: Celebrates forward-thinking, innovative projects with a clear roadmap for the future.
  • And many more!

Get Involved

Step 1: Submit Your Application (9 Sept – 7 Oct 2024)

Register and show us how your project is set to make waves. Hundreds of applications will be reviewed, and only the top 10 will move on to the final stage.

Step 2: Application Review (8 Oct – 14 Oct 2024)

Our esteemed panel will evaluate submissions based on innovation, impact, and scalability.

Step 3: Finalists Announcement (14 Oct – 20 Oct 2024)

The top 10 projects will be invited to present live at the Web3 Oscar Demo Day in Bangkok on November 11, 2024.

Ready to change the world? Register here and join the movement towards a sustainable, blockchain-powered future. For more information, head over to the landing page here!

Are you keen to be a part of the Alliance? The BGA is actively adding more partners from across the blockchain industry to be a part of a growing and dominant force propelling the use of blockchain for good. Indicate an interest for your organization here!

Let’s shape the future, together!

About

The Blockchain for Good Alliance (BGA) is a non-profit organization founded by and partnered with Bybit, dedicated to supporting initiatives that push blockchain technology to drive positive, sustainable change around the world.

The BGA’s mission is to leverage blockchain not just for financial or technological advancements, but to tackle some of the most pressing global challenges aligned with the United Nations’ 17 Sustainable Development Goals, and works across a wide spectrum of initiatives — from supporting startups through its incubation programs to organizing and sponsoring global hackathons that bring together the brightest minds to develop solutions for real-world problems.

The BGA actively partners with industry leaders, governments, and educational institutions to ensure that the blockchain ecosystem grows in a way that benefits society as a whole.




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