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Title: U2U Spring Hackathon Finale: Launchpad for Web3 Startups in Vietnam
The first U2U Spring Hackathon ended with a display of creative tech projects from the top 10 teams. With a total prize value of up to $82,000, the participating teams not only received cash prizes but also the opportunity to join a special startup incubation program by U2U Venture Builder and a chance to receive support packages worth up to $500,000 from the U2U Network ecosystem. Launched for the first time in 2024, the U2U Spring Hackathon quickly garnered nearly 100 applications from both domestic and international teams within a month of opening registrations. This not only highlights U2U Network's stature but also affirms Vietnam's position in the global Web3 community, especially in the startup and digital asset development arena. Furthermore, the competition was sponsored by Amazon Web Services (AWS), the world's leading cloud computing company, providing nearly $40,000 in AWS credits. This sponsorship meant that the teams had their cloud service fees covered during product development. The first U2U Spring Hackathon finale was held at the Saigon Innovation Hub, attended by a jury of leading experts in the Web3 field in Vietnam. Throughout the competition, a series of webinars and strategic orientation sessions for the projects were organized, culminating in the selection of the top 10 teams with exceptional technological solutions that promise to bring useful applications to life. On March 31, 2024, the top 10 teams had the chance to present their products and technological solutions to the jury and Web3 field experts, as well as representatives from major investment funds. This segment allowed the teams to passionately convey the realistic potential of their projects. The criteria for evaluating the projects in the finale wer...
This press release is issued by King Newswire