Solana Announces $5M Hackathon

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Solana has announced that it will hold an international Riptide hackathon from February 2 to March 17 with a $5 million prize pool and seed funding.

The participants have been invited to develop projects in the areas of payments, games, DeFi, Web 3.0 and DAO. The organizers promise support in the form of resources, workshops and seminars.

The winners will receive: Grand Champion (65,000 USDC, three passes to the upcoming conference and the opportunity to present your projects to the Solana community), Best integration with Serum, Marinade, Friktion (30,000 USDC), Solana Community Choice (10,000 USDC and exclusive NFT) and five prizes in each category (from 10,000 USDC to 50,000 USDC).

In the previous Solana IGNITION hackathon, more than 6,000 participants launched 568 projects.