On March 16th and 17th, VeChain, a leading enterprise-grade L1 public blockchain, and EasyA, a Web3 educational mobile app, will host a hackathon at the University of Cambridge with participation from Boston Consulting Group (BCG). The event will encourage the development of sustainable “X-2-Earn” applications housed in the new VeChain-powered circular ecosystem, VeBetterDAO, in addition to applications aimed at addressing friction points in the automotive industry.
Following the success of VeChain, EasyA, and BCG’s hackathon at Harvard last October, this next edition and future ones will focus on a specific industry. VeChain aims to collaborate with enterprises and developers to ideate sustainable solutions to pressing issues in each industry as part of its commitment to drawing real-world value from blockchain technology. The novel X-2-Earn enterprise applications will be geared toward incentivizing sustainable activity, unleashing collective impact, and driving global change, which is VeBetterDAO’s mission. Ahead of the hackathon, VeChain, EasyA, and will also host a pre-hackathon event on March 11th featuring a panel discussion on sustainable technology, a workshop, and a networking session.
WHY:
Sunny Lu, CEO at VeChain said: “The hackathon at the University of Cambridge will spur the development of VeBetterDAO, a sustainable ecosystem designed to equip developers with the tools and resources they need to create use cases geared toward empowering enterprises and individuals to adopt more sustainable practices. By creating solutions that will reward users with VeBetterDAO’s native $B3TR token, developers will be the drivers of global change, acting alongside the enterprises and individuals they’re building applications for.”
Dr. Bernhard Kronfellner, Partner and co-lead of the digital asset and blockchain group at Boston Consulting Group, said: “The key to enterprise blockchain adoption is twofold: the applications need to be designed to address problems inherent to different industries, and they need to incorporate sustainability, as the latter is becoming a top priority for businesses today. In the hackathon we’re encouraging developers to leverage VeChain’s sustainable infrastructure for sustainable activity on one track and address specific issues in the automotive industry on the other. In doing so, we’re creating optimal conditions for rising talent to build applications with tangible impact.”
Pre-Hackathon Workshop Detail:
When: Monday, March 11th from 7-9 pm GMT
Where: Old Divinity School, St John's Street Cambridge CB2 1TP United Kingdom
Who: VeChain, EasyA, the Cambridge University Technology and Enterprise Club, Cambridge University Entrepreneurs, Cambridge Blockchain Society, and Bridges for Enterprise
What: A workshop and networking event exploring the convergence of enterprise, tech, Web3, and sustainability with fellow tech enthusiasts, entrepreneurs, and sustainability advocates. During the session, industry leaders will discuss how these domains can synergize to create positive impact and drive change.
Registration: Eventbrite
Hackathon Details:
The event will feature talks from Sunny Lu, CEO at VeChain, Antonio Senatore, CTO at VeChain, and Dr. Bernhard Kronfellner, Partner and co-lead of the digital asset and blockchain group at Boston Consulting Group, who will also judge the event.
The event schedule details are as follows:
Talks: Talks will focus on Web3 and sustainability, pain points in the automotive industry, and VeBetterDAO.
Tracks: The event will include two tracks.
BCG’s track will focus on friction points in the automotive industry and developers will be encouraged to build solutions to address those.
VeChain’s track will invite participants to develop sustainability-focused X-2-Earn applications in the new VeBetterDAO ecosystem.
BUIDL: The hacking period will last 48 hours, after which projects will be judged by a panel of industry veterans and academic leaders.
Prize pool: Developers will compete for a portion of the $30,000 prize pool and the opportunity to access additional funding to develop their projects. In addition, winners will get access to VeChain grants, marketing and community support, professional mentorship and VC opportunities.
Past EasyA hackathon projects have been funded by a16z, YC, and other top VCs.
Separate from the pre-hackathon event above, this will take place at Cambridge Guildhall (Guildhall Place, Market Hill, Cambridge CB2 3QJ).
