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Crypto Prune > News > Crypto > Altcoins > Electroneum Hackathon drives innovation in the Web3 space
Altcoins

Electroneum Hackathon drives innovation in the Web3 space

10 months ago 4 Min Read

Electroneum Hackathon 2025 awarded $52,500 in native ETN tokens to a distributed application (DAPP) developer who successfully demonstrated the amazing technical execution of the project.

The winners stood out thanks to their excellent attributes, including excellent design quality, user experience and scalability.

The goal of Electroneum Hackathon, sponsored by ANKR, was to promote the creation of innovative, scalable and functional Dapps built on Electroneum’s Layer 1, the EVM compatible blockchain.

Top 3 projects awarded at K

The $10,000 Grand Prize was sent to the ElectroSwap team, a decentralized exchange (DEX) built on Electroneum’s newly launched EVM chain. Due to the finality of a 5-second transaction, Electroneum is one of the five fastest blockchains in the world.

In X, Electroneum states:

ElectroSWAP_DEX’s commitment to security and risk management. They also congratulated us on “leading the next generation of Daps built on electronics, with a focus on innovation.”

ElectroSwap drives innovations such as locked liquidity, and its smart contracts have passed multiple security audits. Electroneum-based DEX also boasts excellent transparency as it allows you to track transactions and other market movements in real time.

Second, Oguname Precious, the creator of neat tokens, also known as Nippy Sky, was inspired by the growing demand for a simple, accessible tool for developers navigating the complexities of building ERC-20 tokens. Nippy’s simplification caught the judges’ eyes and won him and his project for $7,500 on ETN.

Oguname says his Dapp “enables users to easily create ERC-20 tokens. Just define token names, symbols, and full supply, and a decent token creator will do all the rest.

See also  Aptos hits milestones as RWA on-chain breaks $540 million

Tanisq Gupta won the $5,000 award in third place. Gupta’s AuditFi leverages Mistral AI’s large-scale language model for a thorough and meticulous analysis of smart contract security.

Gupta describes AuditFi as the next generation of smart contract security. It offers instant-on-chain reports with optimal accuracy and reliability thanks to AI.

Honorable mention award

The Electroneum Hackathon judges were awarded four honorable mentions of $2,500, including blockchain experts from Electroneum, ANKR, AnyTask, Networkumbria and Victusglobal.

Gupta, who finished third in AuditFi, also joined ProtectedPay, an advanced Defi platform for secure trading, group payments and smart savings across multiple blockchains. One feature worth mentioning is its escrow-like protection. This ensures that the funds remain secure until the recipient is charged.

Ticket City by Isiaq A. Tajudeen and Anagha Madeleine also received one of four honorable mentions. Their blockchain-based projects aim to disrupt the event management industry by providing security, transparency and efficiency.

“By leveraging Electroneum’s infrastructure and its ETN tokens, Ticket City can provide a seamless experience for creating events, distributing tickets, and verifying attendance,” Tajudeen said.

Electroplay and ETN Buddy were also awarded the awards. Electroplay creators Shahen Ox and Shahil A. said their projects aim to create a sustainable gaming platform that bridges Web3 projects with engaging gameplay. They said their games are cutting edge and competitive games.

The ETN Buddy is the first memo coin with ETN utility. Its ecosystem includes ongoingly developing games and utility NFTs with exclusive benefits and reward multipliers.

ETN Buddy is also the mascot of Buddy Battles, a platform developed by Lopez Onchain and GR 333.

See also  Added Space and Time (SXT)

Electroneum has been a leader in the mobile payments crypto sector since its launch in 2017, and with recent EVM conformance and smart contract integration, the project promises to drive innovation across the Web3 space.

TAGGED:AltcoinsAltcoins News
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