Hackathons refer to the words “hacking” and “marathon” and have been a prevalent part of every major industry for over a decade. Crypto hackathons are the newest addition to the space! These social coding events gather several parties trying to find new solutions while establishing fruitful collaborations. When it comes to crypto and blockchain hackathons, participants compete to develop a simple app on a blockchain network.
Given the success and popularity of these events, blockchain and crypto enthusiasts must visit them. That’s why we have curated a complete list of interesting upcoming hackathons that cover topics like Blockchain and Blockchain Applications, Cryptocurrency, Metaverse, DeFi, NFTs, Web3, FinTech, Apps/dApps & ML/AI. Want to expand your knowledge, get new ideas, and grow your network while winning prizes? Keep an eye on these competitions & challenges and consider participating to accumulate such rewards.
Upcoming Hackathons related to Blockchain-Web3 for 2023
|Aug 09-Sep 30, 2023||₿itcoin Olympics Hackathon||Virtual||$100K+||Cryptocurrency, AI/ML, Blockchain, Metaverse, Web3, DeFi, FinTech|
|Sep 06-Oct 15, 2023||HYPERDRIVE Hackathon by Solana||Virtual||$20K+||Cryptocurrency, Blockchain, Web3|
|Sep 21-Oct 21, 2023||xDay||Bucharest, Romania||$30K+||Blockchain|
|Sep 30, 2023||₿itcoin Olympics Hackathon||Virtual||$100K+||Crypto, Web3, DeFi|
|Oct 04, 2023||Privacy4Web3 Hackathon||Virtual||$55K+||Web3|
|Oct 04, 2023||Polkadot ink! Hackathon||Virtual||$10K+||Blockchain|
|Oct 06-08, 2023||Block&Change Hackathon||Madrid, Spain||$10K+||DeFi, Blockchain|
|Oct 06-27, 2023||ETHGlobal Online Hackathon||Virtual||$200K+||Blockchain, Web3|
|Oct 20-22, 2023||BlockHack 2023||Toronto, Canada||$10K+||Blockchain|
|Oct 21-22, 2023||Bitcoin Unleashed Hackathon||London, UK||€20K+||Blockchain, Web3|
|Oct 24-26, 2023||European Blockchain Convention||Barcelona, Spain||€50K+||Blockchain|
|Oct 27-29, 2023||ETH London Hackathon 2023||London, UK||-||Blockchain, Crypto|
|Nov 07-10, 2023||NEARCON IRL Hackathon||Virtual||$140K+||Blockchain|
Is your hackathon missing from our list? Let us know
What are Crypto Hackathons?
Crypto hackathons are events where blockchain and crypto enthusiasts unite to share unique and intuitive ideas. These events allow participants to learn more about DeFi, NFTs, Web3 metaverse, blockchain applications, and upcoming technologies in the blockchain industry.
Crypto and blockchain hackathons aim to flourish creativity and collaboration among enthusiasts, developers, and institutions. Depending on the hackathon, participants may encounter a specific challenge or freely develop a blockchain-based app.
Let’s dig deep into the concept and uncover everything there is to know about crypto hackathons.
How Does a Hackathon Work?
A hackathon generally revolves around technology, involving several teams and individuals. These participants collaborate to produce innovative solutions within a short period. Here are some of the most crucial characteristics of a hackathon:
- Theme and Challenges: The event must have a specific challenge or theme. For crypto hackathons, this theme would be crypto, blockchain, DeFi, NFT, etc.
- Team Formation: The objective behind hackathons is to drive innovation with collaboration. Thus, it involves team formation with subject experts, developers, and enthusiasts.
- Idea Generation: The involved parties share new and intuitive ideas to address the given challenge.
- Prototyping: Participants try to create a prototype or MVP (Minimum Viable Product) addressing the issue within a specified period.
- Mentorship and Workshops: Such events are filled with workshops where participants can find mentors who are experts on the subject.
- Presentation: Every product or project created during the hackathon is presented at the end.
- Judging and Prizes: Judges assess the products based on different standards. The best and most well-executed ideas earn prizes in different forms.
Different Types of Hackathons
Given the vastness of the crypto space, several types of hackathons can be organized. Here are the major ones most developers and enthusiasts look out for:
- Blockchain Hackathons: Focuses on developing apps on blockchain networks, such as Ethereum.
- DeFi (Decentralized Finance) Hackathons: Focuses on developing financial products and services via blockchain technology.
- NFT (Non-Fungible Token) Hackathons: Focuses on NFT-based marketplaces, collectibles, and products.
- Crypto Security Hackathons: Focuses on developing new ways to address security and vulnerability issues.
Why You Should Participate in a Hackathon
Participating in a hackathon, whether crypto or otherwise, has several benefits. Take a look at the most common ones:
- Learning Opportunity: These events offer the chance to get hands-on experience under expert supervision.
- Networking: Hackathons invite subject experts and industry tycoons, offering the chance to expand your network.
- Problem Solving: You can learn and find new ways to address real-world issues at hackathons. For example, participants find new app ideas to solve real-world problems at a crypto hackathon.
- Innovation: Meeting like-minded individuals and subject experts can lead to brainstorming revolutionary ideas.
- Prizes and Recognition: Participants can win career opportunities, market recognition, and cash prizes at such events.
- Have fun: Hackathons can be a fun experience, especially when visiting one with a theme of your interest.
Who Can Participate in a Hackathon
A crypto hackathon is an ideal event for blockchain developers, designers, entrepreneurs, and even students. Anyone interested in blockchain technology is welcome; product managers, blockchain enthusiasts, and marketers will find such events useful. Anyone who wants to learn and create can be a part of it!
What Skills Are Needed to Participate in a Hackathon
To find the best hackathon, ensuring you have the right skills is ideal. Here is an overview of skills that best suit a hackathon:
- Blockchain Knowledge: An understanding of blockchain technology and related factors.
- Design: Expertise in designing UI and UX for a user-friendly interface.
- Problem Solving: The ability to find and resolve technical issues.
- Pitching: Communication skills to showcase the project to potential investors and judges.
How to Prepare for a Hackathon
Participants can leverage a hackathon to its fullest by making apt preparations. Let’s take a look at some strategies that can be implemented for the same:
- Research the hackathon’s theme and challenges: Find the hackathon with the themes and challenges that best suit your project ideas.
- Brush up on relevant technical skills: Hone your technical skills to deliver the best performance at the event.
- Assemble a team with diverse skills: Find people with skills that complement your objective and team.
- Plan your project and set clear goals: Set defined goals that can be attained within a fixed period.
- Gather necessary tools and resources: Identify and gather the right tools to carry out the project.
- Familiarize yourself with the event schedule and rules: Learn about the event rules and schedules for a seamless experience.
What Do You Need to Win a Hackathon
Given the sheer number of participants hackathons amass, it can be challenging to stand out. However, it can be done by taking care of the following factors:
- Creativity and innovation: Bringing fresh and unique ideas will set you apart.
- Technical excellence and functionality: It is crucial to be technically skilled to address upcoming challenges.
- Practicality and relevance to the challenge: Make sure your ideas and project align with the challenge.
- A compelling presentation and pitch: Ensure your project presentation is persuasive, content, and impactful.
- A well-documented and user-friendly prototype: Deliver a real-time presentation of how your product can solve real-world issues with a prototype.
Do You Make Money from a Hackathon
Making money at a hackathon is possible; however, it depends on the event. Some hackathons reward participants with job opportunities, while some offer cash rewards.
It is highly recommended to join relevant hackathons since they impart benefits regardless. Participants can easily expand their network, find new partners, and gain new insights about the industry at such events.