Authored 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 8,300 participants from more than 95 countries/regions, with only 34 out of 1,071 projects breaking through, resulting in a success rate of only 3.17%. What's even more surprising is that Ore, which caused the Solana network to crash upon its launch, won the championship. Following this news, ORE surged by nearly 2 times to over $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, and more. Given that the Solana hackathon has already produced a series of ecosystem projects such as Tensor, Marinade, and JitoLabs, today Foresight News will take stock of these winning projects to see which early projects are still worth paying attention to.
Championship
Ore
Ore is a mining protocol on the Solana chain that allows 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 where users are paid for helping generate AI, making it convenient 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 to offer the most likely answers. Chomp implements a social consensus mechanism based on empirical research around collective wisdom, by first providing their own answer and then soliciting user opinions on the same question to obtain the real situation in the world.
Chomp is the first small game developed by Gator Labs, and the team will develop more gamified applications while integrating Gator's underlying reputation graph and data layer. Additionally, Gator Labs is currently undergoing small-scale angel and pre-seed financing.
4th Place: Movement
Movement is a new trading application designed to help users efficiently discover and trade meme coins without requiring 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 that 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 a liquidity staking pool.
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 platform. Torque allows developers to launch and manage multi-party incentive rewards using cryptographic primitives. All incentives 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 allocate 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 that accelerates 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-staking platform built by a team from the United Arab Emirates on Solana, creating a new economic coordination layer that will enable DA, shared sequencers, social/gaming app chains, and the DePIN network to share their economic security through SOL re-staking and maintain non-correlation and independence through a Slashing mechanism, striving not to compromise the security of Solana.
5th Place: Merit
Merit is a token protocol and infrastructure developed by Frankie Labs on Solana, creating non-monetary points as real token assets on Solana using Token Extensions and providing a plug-and-play API for seamless integration of Merit points into any DApp.
Gaming
1st Place: Meshmap + City Champ
Meshmap is a new 3D map network integrated through gaming developed by a team from Japan, capable of generating 3D scans incentivized by tokens. Meshmap rewards 3D scans submitted by the community and integrates them into a 3D map of the world, providing rewards through token incentives and gaming.
As the first proof of concept, Meshmap has developed a mixed reality first-person combat and tower defense game called City Champ using Unity and Solana for meta Quest 2/3/Pro. As players, users need to defend their city, resist the terror creatures arising from urban social issues, fight enemies, protect the city core, and collect reform achievements to win. As 3D scanners, users can use the built-in laser scanner in 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, with 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 using the Honeycomb Protocol for on-chain production, allowing game developers to integrate it into their own games.
4th Place: Moon Boi Universe
Moon Boi Universe is a Web3 network 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 that allows any third-party developer 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 will establish 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 the popular Philippine e-wallets GCash and Venmo (or enter the recipient's phone number) and then make payments to merchants using Solana USDC in local currency. Merchants can receive fiat currency 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 people, 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 issue financial products in NFT or token form to simplify user usage. Individuals can profit from equipment 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 functionality.
DAO & Community
1st Place: DeTask
DeTask is an AI product development platform on Solana that utilizes DAO labor, allocating verifiable executions to AI agents and humans. DeTask aims to address the skill and demand gap 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 DeStreet program calls the Jupiter contract to facilitate spot trading, allowing users to deposit funds into their Solana accounts, enabling 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 developed by a team from Spain for managing dynamic NFT collections, supported by Token Extensions.
4th Place: Maindocs
Maindocs is a platform that allows DApps, institutions, and DAOs to create fully customizable and 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 on 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 facilitating new users' entry 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 and received a reward of 10,000 USDC.
Climate Prize
AquaSave is an innovative startup dedicated to addressing the global water resource crisis. It has created an ecosystem that integrates IoT device networks, smart data analysis, and blockchain technology, and incentivizes community participation in monitoring and analyzing the Earth's water resources through cryptocurrency. AquaSave received a reward of 5,000 USDC.
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