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Seoul hosts a global Web3 finance Hacker competition with 500,000 HSK rewards igniting a development frenzy.
Global developers gather in Seoul to participate in the Blockchain Hackathon competition
A developer conference focusing on the Web3 financial ecosystem is about to kick off in Seoul, South Korea. This hackathon, named "Taiyi", will be held from March 28 to 30, aiming to attract global developers, innovators, and Web3 enthusiasts to participate in building a compliant and secure Web3 financial ecosystem together.
This conference has set up four main competition tracks, covering key areas of the Blockchain ecosystem:
PayFi: Committed to developing cross-border payment protocols, physical asset tokenization, and AI quantitative strategies, aiming to build a compliant bridge connecting traditional finance and Web3.
Social: Focus on developing social dissemination tools, decentralized content platforms, or community governance models to create a dedicated social layer for large-scale user groups.
AI Agent: Explore the development of on-chain information stewards, asset management assistants, or developer intelligent collaborators, achieving "zero threshold" Web3 interaction through AI agents.
AI Infra: Encourage the development of VS Code plugins, data availability components, or build integration toolkits with mainstream AI frameworks to improve the infrastructure of the ecosystem.
The conference established a prize pool totaling 500,000 HSK to support hackathons and long-term funding programs. A total of 6 awards were set up, including one specifically for students. Award-winning projects not only have the opportunity to receive substantial financial support and mentorship but can also join the relevant ecosystem and engage in in-depth collaboration with official teams and industry partners.
In addition, the organizer has launched a talent pool program, inviting global developers to join. Successfully selected developers will receive token rewards and exclusive NFTs. Participation methods include attending the hackathon on-site and signing in, or showcasing contributions to relevant open-source projects through GitHub profiles.
This event has received support from multiple local developer communities and projects in South Korea, with a particular focus on PayFi, physical asset tokenization, and stablecoins. Currently, more than 10 communities and projects have confirmed their participation in the collaboration. At the same time, several well-known trading platforms, academic institutions, community organizations, and media will also act as partners to jointly support this conference.
As part of a series of events, the organizers plan to hold 3 more hackathons this year. In addition, an offline exchange meeting will be held in Taipei on April 1 to share content related to the hackathons.
This high-performance public chain project is dedicated to building a secure, open, and scalable Web3 ecosystem under the dual drive of compliance and innovation. It focuses on providing compliance-friendly and secure on-chain infrastructure for institutions and developers, connecting key areas such as BTCFi, PayFi, stablecoins, and tokenization of physical assets, promoting the deep integration of on-chain finance and the real-world economy. In the future, this project will continue to evolve, constructing a logically unified and value-interconnected ecosystem, and jointly promoting the development of Blockchain technology with more partners, sharing the future opportunities of decentralized finance.