OAK community members,
We are psyched today to announce that OAK Network dev team in China has won the №1 price of Substrate developers hackathon hosted by ParityAsia!
The finals of the hackathon took place at the Future Blockchain Innovation Center, Hangzhou, China on July 17th and 18th. After a months of pre-final preparation and the 48-hour on-site hacking, OAK Network team stood out among 25 contestants and won 2 awards, the first Prize and the favorite of IOSG Ventures.
The event is sponsored by Polkadot Treasury, co-hosted by Parity Technologies, Web3 Foundation Team, OneBlock+ Community, PolkaWorld, and backed by Multicoin Capital, IOSG, SNZ, and Hashkey.
This is the 2nd time for OAK Network’s team to participate in the ParityAsia Hackathon events. To know about our previous venture, please read this our past article.
A group photo of all hackathon participants
Judges of the event includes Dr. Yaoqi, head of ParityAsia, Qinwen, Web3 Foundation Community Manager, Lipeng Yue, founder of Patract and other thought leaders in the Polkadot Community.
Dr. Yaoqi, head of Parity Asia, is deliverying an opening speech for the event
OAK Network demonstrated a web dApp of quadratic funding method for crowdfunding. The demo interacts with an on-chain pallet that is built by OAK and sponsored by Web3 Foundation Open Grant. Simply put, the quadratic funding dApp could be seen as a Gitcoin for Polkadot.
A sneek-peek of the quadratic funding web application
The demo can be tried here: https://polkagrant.com/
We will upload a video demo and publish a user walk-through for the dApp in the next few days.
Leah, head of Marketing in Asia is presenting the dApp
Leah, head of Marketing in Asia is presenting the dApp
For a detailed explanation of the Quadratic Funding pallet, please read our previous developer tutorial, [Tutorial]Developer walk-through for Polkadot quadratic funding pallet.
The hackathon event was full of audience
In the Q&A session, Patract founder Yue Lipeng (left), PolkaWorld sponsor Xiaojie (middle), and ChainNews co-founder Liu Feng challenged Leah with a variety of questions
After rounds of voting, the OAK Network team was announced winning the first prize of the hackathon, along with the award of IOSG favorite team.
The OAK Network team successfully won the first prize
The OAK Network team awarded by IOSG
Post-event, Charles Chen, the Rust expert of the OAK team, received an exclusive interview with Zhejiang TV Station.
It’s an honor to get acknowledged and won the first prize of the competition. We are very excited to see that Polkadot community is super developer friendly and supportive to all kinds of ideas.We are definitely encouraged by this hackathon award and will keep up the good work to deliever new projects to the ecosystem.
Charles Chen, Rust expert, speaking in an exclusive interview with Zhejiang TV Station
About Ava Protocol
Ava Protocol is an intent-based Eigenlayer AVS that seamlessly enables private autonomous transactions for numerous use cases, such as DeFi, NFTs, and games. We're enhancing decentralized applications with scheduled and recurring payments, stop-loss orders, streaming rewards, and more. Ava Protocol’s event-driven execution model triggers cross-chain transactions based on signals such as time, price changes, and smart contract updates. Developers can easily schedule and automate functions across different blockchains, including Ethereum, ensuring efficient and reliable execution without compromising privacy.
