The Solana Foundation launches the 10th International Hackathon
The Colosseum "Radar" Hackathon is an online competition aimed at providing a competitive platform for the next generation of developers on the Solana network. Participants can register to compete for a total prize of $600,000, $250,000 in early investment, and a 1:1 incubation opportunity from the Colosseum Accelerator.The Solana Foundation has announced the launch of the "Radar" hackathon competition, which is now open for registration on the Colosseum platform. As the tenth hackathon organized by the Solana Foundation, "Radar" is an online competition aimed at providing a competitive platform for the next generation of developers on the Solana network. The hackathon will run from September 2, 2024, to October 8, 2024.
Participants in the "Radar" hackathon can use the Colosseum online platform to create developer profiles, find teammates, exchange new ideas, learn about the competition tracks, and register for the competition, competing for a total prize pool of over $600,000, $250,000 in early investment, and 1:1 incubation opportunities from the Colosseum accelerator. Contestants can receive up to $50,000 in individual awards and special bonuses.
Over the past year, the Solana network has gained momentum due to the relentless innovation of developers within its ecosystem. These innovators have transformed the Solana network into the preferred platform for payments, consumer applications, gaming, social media, and DePIN. From enabling merchants to accept USDC payments with near-instant settlement and low fees to a series of new applications emerging outside the DeFi space, Solana's developers have made significant contributions to the diversification of network applications.
"Hackathons play a crucial role in the continued growth of the Solana network, fostering a culture of innovation and collaboration," said Dan Albert, Executive Director of the Solana Foundation. "These events empower developers to create meaningful solutions that will disrupt various industries, address real-world problems, and develop practical applications that can only be realized on Solana."
To further encourage the exploration of new application scenarios on the Solana network, the Radar online hackathon focuses on seven key areas:
- DePin hosted by Solana Mobile
- DeFi hosted by Drift
- DAOs and Communities hosted by MetaDAO
- Payments hosted by Portal
- Consumer Applications hosted by Dialect
- Gaming hosted by MagicBlock
- Infrastructure hosted by Wormhole
The best projects will receive the Grand Champion Award from Sphere, which includes $50,000 in USDC and three tickets to the 2025 Solana Foundation Annual Conference Breakpoint. Additionally, three special awards will be presented for Best Social Impact Project, Best Climate Project, and Best Campus Project. Hackathon winners will also have the opportunity to be selected for the Colosseum accelerator program, receiving $250,000 in pre-seed funding, resource connections, and 1v1 support.
"We are very excited to host the next Solana Foundation hackathon on Colosseum," said Matty Taylor, co-founder of Colosseum. "Following the success of Hyperdrive, the Solana developer community is vibrant. We are honored to support them in this critical step of their journey. We look forward to collaborating with the Solana Foundation and many other partners in the Solana ecosystem to continue encouraging experimentation, entrepreneurial innovation, and solving real-world problems."
According to incomplete statistics, over the past three years of hackathons, more than 60,000 developers have participated in Solana-hosted hackathons, over 4,000 projects have launched, raising a total of over $600 million, giving rise to star projects like Jito, Tensor, io.net, Marinade, and Solend.
Teams and developers interested in participating in the hackathon can visit colosseum.org/radar.
