IOTA Announces New Series of Online Hackathon Events: IOTA MOVEATHON, Aimed at Exploring New Possibilities Brought by Its Upcoming Protocol Upgrade.

IOTA has announced a new series of online hackathon events called IOTA MOVEATHON, aimed at exploring the new possibilities brought by its upcoming protocol upgrade. This series of events is planned to run throughout 2025, with the first event taking place from March to June 2025, culminating in a live grand final in Singapore. Participants will have the chance to win a total prize pool of $150,000.

IOTA Overview

As one of the oldest distributed ledger technologies in the world, IOTA is about to undergo its most significant upgrade in history. With a reconstruction based on the Move programming language, IOTA will become a new and powerful protocol that integrates innovative ideas and concepts from the DLT field. Its many exciting features and possibilities include:

• Complete decentralization through 150+ validation nodes

• Processing over 50,000 transactions per second

• Sub-second finality

• Native staking capabilities with annual yields of up to 15%

• The first dual smart contract ecosystem supporting both MoveVM and EVM

Under the guidance of the IOTA Foundation in Berlin, IOTA continues the tradition of real-world applications and collaborates with institutions such as the World Economic Forum, the Tony Blair Institute for Global Change, and various governments. Now, IOTA is ready to usher in a new era for its ecosystem and the broader Web3 space.

In-Depth Analysis of IOTA MOVEATHON

To explore the new possibilities of the upgraded protocol, the IOTA MOVEATHON series of hackathons will invite developers from around the world to turn their ideas into reality by developing innovative solutions for specific focus areas. If you are a Web3 developer excited about the rich possibilities of the Move language on IOTA, this hackathon is designed for you.

Important Dates and Locations

• Registration Opens: March 3, 2025

• Exclusive Discord Server Launch (for eligible participants): April 7, 2025

  • Discord will serve as the central hub for MOVEATHON

• Code Freeze: May 4, 2025

• Winners Announced: May 23, 2025

• Offline Grand Final (Singapore): June 6, 2025

Prize Structure

The total prize pool is $150,000, distributed as follows:

• Overall Winner (selected by experienced judges):

  • First Place: $35,000

  • Second Place: $25,000

  • Third Place: $15,000

• Track Rankings:

  • First Place: $8,000

  • Second Place: $5,000

  • Third Place: $2,000

• Additional Task Winners: Total of $15,000

Four Different Tracks

🏦 Payments and Consumption Applications - Shaping the Future of Transactions

Reimagine payment and consumption applications in a decentralized world using IOTA's Move VM.

This track is aimed at developers eager to create seamless, user-friendly systems for everything from micro-payments to global remittances.

🌍 Real-World Applications - Bringing Web3 into Everyday Life

Transform physical assets into digital representations through tokenization and digital twin technology.

This track is for developers looking to leverage IOTA's advanced capabilities to bring real-world data and assets on-chain.

💸 DeF(A)i - Innovating in Decentralized Finance

Explore the future of decentralized finance with the help of artificial intelligence.

This track invites developers to enhance DeFi applications using AI, providing the next generation of decentralized applications.

🛠 Tools and Infrastructure - Building the Foundation for Innovation

Create the necessary infrastructure for a fairer and more decentralized future.

This track is for developers and teams eager to build the foundational technologies of the future.

Want to shape the future? Register now and turn your ideas into reality!

For more general information, please visit www.iota.org/

Follow IOTA on social media for the latest updates:

• X: https://x.com/iota

• LinkedIn: https://www.linkedin.com/company/iotafoundation/

• Discord: https://discord.iota.org/

• Telegram: https://t.me/IOTAOfficialCommunity

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