APAC Hackathon Launched as Neo and OKX Forge Collaborative Partnership

Neo, the blockchain platform based in Hong Kong, has revealed its collaboration with OKX, a prominent cryptocurrency exchange, to introduce a thrilling hackathon in the Asia-Pacific area.

APAC Hackathon Launched as Neo and OKX Forge Collaborative Partnership

The hackathon, slated to run from July through October, seeks to establish a connection between the virtual and real realms while advocating for the adoption of Web3 technology.

Encompassing six cities in Asia, this event will host thrilling live competitions, enabling participants to interact in person. To ensure inclusivity and broad engagement, virtual meetings will also be arranged for those unable to attend physically. The Neo Foundation has generously set aside a bounty of $120,000 for the hackathon, with an additional $1 million in post-hackathon funding up for grabs.

APAC Hackathon Offers Participants an Opportunity to Explore Innovative Projects in Five Key Categories: DeFi and Payments, NFTs and Games, AI, Social and DAO, Infrastructure and Tools, and Comprehensiveness. The Winners, to be Announced in Hong Kong, will Receive NEO Tokens as a Well-Deserved Reward.

During the launch event, Neo Founder Da Hongfei expressed his excitement for the APAC hackathon, saying, “Our goal is to attract and support the finest Web3 talent and startups through this event, demonstrating Neo’s capabilities to the broader development community. The prizes and funding will provide much-needed capital for the winning projects, and we aspire to establish a platform for exceptional Web3 talent in the Asia-Pacific region to showcase their accomplishments.”

The collaboration between Neo and OKX is anticipated to generate a synergistic effect, amplifying the influence of both organizations. As part of their partnership, OKX will contribute to the hackathon by utilizing non-fungible tokens (NFTs). This collaboration opens up opportunities for NFT teams to engage in technical exchanges with OKX’s Web3 team, nurturing future collaborations and fostering innovation.