Only 34 out of 1071 projects won awards, with a success rate of less than 3.2%.
By Peng SUN, Foresight News
On the evening of May 6th, the venture capital fund Colosseum announced the results of the 9th Solana Foundation hackathon, Solana Renaissance. This edition of Solana Renaissance attracted over 8300 participants from more than 95 countries/regions, with only 34 out of 1071 projects making it through, resulting in a success rate of just 3.17%. What's even more surprising is that Ore, which caused the Solana network to crash upon its launch, won the championship. Upon this news, ORE surged nearly 2 times to above $330. Perhaps Ore's small step has propelled a significant leap in the healthy and stable development of the Solana network?
In addition, the winning projects of this Solana Renaissance are distributed across various fields such as consumer applications, infrastructure, gaming, DePIN, payments, DAO & community, among others. Given that the Solana hackathon has already produced a series of ecosystem projects such as Tensor, Marinade, and JitoLabs, Foresight News will take stock of these winning projects today to see which early projects are still worth paying attention to.
Champion
Ore
Ore is a mining protocol on the Solana chain, allowing anyone to mine using the PoW algorithm on Solana. Ore received a reward of 50,000 USDC and will participate in Breakpoint 2024, which will be held in Singapore from September 19th to 21st.
Consumer Applications
1st Place: Banger.lol
Banger.lol is a creator economy platform where users can buy and sell tweets while supporting creators, socializing, and earning money. Banger.lol received a reward of 30,000 USDC.
2nd Place: Wootz Browser
Wootz Browser is a browser that supports cryptocurrencies, transforming Chromium into a browse-to-work platform, allowing users who help generate AI to be paid, making it easy to sell computing resources for generative AI.
3rd Place: Chomp
Chomp is a gamified social consensus platform that provides users with rapid Q&A, voting, and gaming, offering the most likely answers to users. Chomp implements a social consensus mechanism changed based on empirical research around collective intelligence. It is the first small game developed by Gator Labs, and the team will develop more gamified applications and integrate them with Gator's underlying reputation graph and data layer. In addition, Gator Labs is undergoing small angel and pre-seed financing rounds.
4th Place: Movement
Movement is a new trading application designed to help users discover and trade meme coins effectively without any Web3 knowledge. The team's slogan is to create a Robinhood for memecoins.
5th Place: DePlan
DePlan is an instant payment solution on Solana, allowing users to use their favorite products without subscribing and easily monetize their products.
Infrastructure
1st Place: High TPS Solana Client
High TPS Solana Client is a new client developed by the Rakurai.io team, which optimizes and increases TPS using efficient scheduling and pipelines, enhancing transaction capabilities and increasing staking rewards by 30% through shared block rewards. These TPS nodes will be provided through liquidity staking pools.
High TPS Solana Client received a reward of 30,000 USDC.
2nd Place: Torque
Torque is an on-chain quoting protocol for project parties to deploy their marketing strategies on a large scale. During the hackathon, Torque developed a protocol, an SDK, and a quoting publishing platform. Torque allows developers to launch and manage multi-party rewards using cryptographic primitives. All rewards are conditional, targeted, and have trustless on-chain proofs. Torque combines the use of derived key pairs to protect privacy and uses cNFTs to track and distribute rewards.
Torque aims to help project parties find suitable products for the market faster and build attention economies on the Solana chain.
3rd Place: xCrow
xCrow is a platform to accelerate developers' use of Solana-hosted programs. Hosted programs are an important part of various applications built on the blockchain, facilitating secure transactions and protocols. Integrating these programs is often complex and time-consuming. xCrow aims to provide a universal interface to simplify interaction with Solana-hosted programs.
4th Place: Cambrian
Cambrian is a re-collateralization platform built by a team from the United Arab Emirates on Solana, which will enable DA, shared sequencers, social/gaming app chains, and DePIN networks to share their economic security through SOL re-collateralization and maintain non-correlation and independence through a Slashing mechanism, striving not to compromise Solana's security.
5th Place: Merit
Merit is a token protocol and infrastructure developed by Frankie Labs, creating non-monetary points as real token assets on Solana using Token Extensions and providing a plug-and-play API. Merit points can be quickly and seamlessly integrated into any DApp.
Gaming
1st Place: Meshmap + City Champ
Meshmap is a new 3D map network integrated through games developed by a team from Japan, which can generate 3D scans rewarded by token incentives. Meshmap resumes the world's 3D map submitted by the community and rewards it through token incentives and games.
As a proof of concept, Meshmap developed a mixed reality first-person combat and tower defense game, City Champ, for meta Quest 2/3/Pro using Unity and Solana. As players, users need to defend their city, resist the terror creatures generated by urban social issues, fight enemies, defend the city core, and collect reform achievements to win. As 3D scanners, users can use the built-in laser scanner on their phones to scan areas, find new game areas, and submit them to the grid map to add game level locations.
Meshmap received a reward of 30,000 USDC through City Champ.
2nd Place: Legends of the Sun
Legends of the Sun is a combat arena where players can battle with up to 5 friends or enemies to earn rewards, featuring Web3 digital asset integration, a digital asset marketplace, on-chain betting, and Web3 Degen mode.
3rd Place: Mining Badger Game
Mining Badger Game is a game made using the Honeycomb Protocol, allowing game developers to integrate it into their own games.
4th Place: Moon Boi Universe
Moon Boi Universe is a Web3 fantasy open-world role-playing game (RPG) optimized for mobile devices. The team recently launched the game on Solana Mobile and is experimenting with the new SPL 404 standard.
5th Place: Moneko Pet
Moneko Pet is an electronic pet mobile game with a built-in game launcher, allowing any third-party developers to connect to Maneko and provide services to its users. During the hackathon, the team focused on building the simplest API stack and integrated their first external app, "Maneko Runner," into their game. The game is currently deployed on the development testnet and will be launched in the next two weeks.
DePIN & Payments
1st Place: Urani
Urani is an intent-based trading aggregator developed by a German team, providing protection against adverse MEV at the application layer. By designing limit orders, liquidity markets, and price optimization, Urani aims to create a positive-sum game for MEV searchers, market makers, and users.
Urani received a reward of 30,000 USDC.
2nd Place: GLAM
GLAM is a decentralized on-chain asset management protocol developed by a Swiss team, enabling efficient management and operation of investment products.
3rd Place: Nomad
Nomad is a payment application based in Nigeria that simplifies the cash-out process.
4th Place: Ripe
Ripe is a QR code-based payment application developed by a team from the Philippines, allowing users to make payments between Southeast Asian merchants. During the hackathon, Ripe developed a DApp that allows users to scan QR codes from popular Philippine e-wallets GCash and Venmo (or enter the recipient's phone number) and make payments to merchants using Solana USDC in local currency. Merchants can receive fiat in their e-wallets without adopting USDC.
5th Place: Exponent
Exponent is a derivative protocol for trading DeFi product yields on Solana, allowing users to better control yields and predict their positions. Users can use Exponent to hedge against yield changes, hedge borrowing costs, and switch from volatile yields to fixed yields to maximize yield.
The Exponent team consists of 3 members, who previously worked at Kamino, Solana, and Raydium.
DePIN
1st Place: Blockmesh
Blockmesh is an open network that allows users to monetize excess bandwidth. Blockmesh received a reward of 30,000 USDC.
2nd Place: DeCharge
DeCharge is an electric vehicle charging network developed by a team from India, providing globally compatible hardware for low-cost access.
3rd Place: dBunker
dBunker is a DePIN financial derivative platform developed by Ethereum node validation service provider Ebunker, designed to simplify the use of financial products in NFT or token form. Individuals can profit from device operations, suppliers can increase sales through bulk orders, investors can participate in the DePIN market, and the protocol can generate revenue through widespread adoption.
4th Place: CHRO+
CHRO+ is a decentralized health network that is building a decentralized health database to accelerate breakthroughs in prediction, prevention, and personalized medicine. The team's XHRO wearable device is equipped with a large number of sensors to continuously monitor key health indicators. Users can share their health data through the Solana-based CHRO+ platform, and researchers and medical institutions can access anonymous data through a Solana-related token-driven market.
5th Place: Pomerene
Pomerene is a DePIN network for international trade with pallet tracking capabilities.
DAO & Community
1st Place: DeTask
DeTask is an AI product development platform on Solana that leverages DAO labor, allocating verifiable executions to AI agents and humans. DeTask aims to address the skill and demand mismatch between platforms and freelancers in online work.
DeTask received a reward of 30,000 USDC.
2nd Place: DeStreet
DeStreet is a non-custodial DApp built on Solana Mobile that allows traders to share their trades with others. The program calls the Jupiter contract to execute spot trades, and users can deposit funds into their Solana accounts for non-custodial deposits, trade execution, and profit distribution to users. DeStreet will also offer perpetual contracts and social NFT trading.
3rd Place: TokenGator
TokenGator is a platform for managing dynamic NFT collections, supported by Token Extensions, developed by a team from Spain.
4th Place: Maindocs
Maindocs is a platform that allows DApps, institutions, and DAOs to create fully customizable, verifiable financial documents through wallets, developed by a team from Germany.
5th Place: Quadratus Protocol
Quadratus Protocol is a fully on-chain DAO governance model that implements a quadratic voting mechanism, increasing the cost of multiple votes for a given proposal and mitigating the influence of large holders on DAO proposal outcomes.
University Prize
DeVolt is a decentralized platform and protocol built by Brazilian university students aimed at promoting new users into the electric fuel market. DeVolt received a reward of 10,000 USDC.
Public Goods Prize
Zircon aims to provide challenges and guidance courses for Solana developers, receiving a reward of 10,000 USDC.
Climate Prize
AquaSave is an innovative startup dedicated to addressing the global water crisis. It has created an ecosystem that integrates IoT device networks, smart data analytics, and blockchain technology, and incentivizes community participation in monitoring and analyzing the Earth's water resources through cryptocurrency. AquaSave received a reward of 5000 USDC.
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