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  • Google Cloud to co-host the competition, held March 24–26 in Santa Clara, California
  • Participants will be challenged to build utility-focused DApps for a mainstream audience
  • Registration is free and open now until March 23 on OKX’s website

Victoria, Seychelles, March 15, 2023 — OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced the inaugural OKX Hackathon, which will challenge developers to build decentralized applications (DApps) on OKX Chain, a leading Ethereum Virtual Machine (EVM) and inter-blockchain communication (IBC)-compatible blockchain. Co-hosted by Google Cloud, the hackathon will be held on March 24–26 in Santa Clara, California and will award over $600,000 in prizes.

The OKX Hackathon will challenge builders to construct DApps with utility on OKX Chain, targeting a mainstream audience. Participants will work with a team to conceptualize and build a Web3 project covering various topics related to Web3 development, such as smart contract programming, decentralized storage, identity and governance.

Hackathon judges include business leaders from OKX, Google Cloud, GitHub, Gitcoin, Unstoppable Domains, Dune, Draper Dragon, OnePiece Labs and Press Start Capital — among other tech companies and venture firms. Hackathon projects will be evaluated on problem scope, design and user experience, smart contract engineering, frontend and backend engineering, and composability.

OKX managing director and head of global institutional Lennix Lai said:

“As a leader in the blockchain and Web3 space, OKX is excited to co-host this event together with Google Cloud. Hackathons are critical to nurturing talent. They provide a unique opportunity for participants to showcase their creativity and technical know-how while building practical solutions for a wider mainstream audience. We look forward to seeing the amazing projects that emerge from this hackathon and the impact they will have on the future of our industry.”

The OKX Hackathon is free and open to all experience levels and provides the opportunity for both novice and experienced blockchain developers to gain practical experience and connect with peers who share similar interests. Participants will also have access to OKX and industry experts who can offer support and guidance, and answer questions during the event.

The event will end with workshops, keynote speeches, panel discussions and a demo day, where participants will pitch their ideas and compete for prizes.

Teams of one to four people can register through March 23. For more information, including hackathon rules and eligibility requirements, please visit the OKX Hackathon webpage.

About OKX

OKX is the second-largest global crypto exchange by trading volume and a leading Web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.

OKX’s leading self-custody solutions include the Web3-compatible OKX Wallet, which allows users greater control of their assets while expanding access to decentralized exchanges, nonfungible token (NFT) marketplaces, decentralized finance, GameFi and thousands of DApps.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James and F1 driver Daniel Ricciardo.

OKX is committed to transparency and security and publishes its proof of reserves on a monthly basis.

To learn more about OKX, visit:

About OKX Chain

OKX Chain is an EVM- and IBC-compatible layer 1 built on Cosmos, with a focus on true interoperability and maximized performance. At high scalability, developers can build and scale with low gas fees. The OKX Chain ecosystem and infrastructure, including the all-in-one multichain Web3 interface, enables a seamless experience for both developers and users.

About Google Cloud

Google Cloud supports customers’ needs in building, transacting, storing value and deploying new products on blockchain-based platforms. Customers choose Google Cloud to build on the industry’s cleanest cloud, to develop on Google’s world-class developer platform, and to ensure that data, applications, games, or digital assets like NFTs will be delivered on a stable, secure and trusted global network.

This publication is sponsored. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

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