{"id":32735,"date":"2022-10-22T00:42:36","date_gmt":"2022-10-22T00:42:36","guid":{"rendered":"http:\/\/egrowonline.com\/?p=32735"},"modified":"2022-10-22T00:42:36","modified_gmt":"2022-10-22T00:42:36","slug":"how-hackathons-strengthen-the-blockchain-and-web3-community","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=32735","title":{"rendered":"How Hackathons Strengthen the Blockchain and Web3 Community"},"content":{"rendered":"


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It\u2019s been about a month and a half since the Polish capital hosted ETHWarsaw 2022, the CEE region\u2019s biggest Web3 conference and hackathon. BeInCrypto was present at the venue as a media partner and we did witness some truly lively and insightful discussions throughout the four days of the event starting on Sept. 1.<\/strong><\/p>\n

The hackathon was hands down one of the highlights of ETHWarsaw 2022<\/a>.<\/strong>\u00a0It followed the first two days of the conference and included overnight \u201chacks\u201d that brought in \u201copportunities for teams and individuals to get hands-on, practical experience working with applications and advanced tools\u201d. There was also $50,000 in rewards to be won from various competitions.<\/p>\n

The hackathon\u2019s most valuable add-on, however, was\u00a0the stage it set for the blockchain and web3 community to network, exchange ideas, and forge new alliances and collaboration.<\/strong>\u00a0We took the opportunity to discuss this with many of the industry insiders that participated in the event.\u00a0<\/p>\n

\"ETHWarsaw<\/figure>\n

We asked them how events like the ETHWarsaw hackathon help community building, and almost all of them unanimously agreed that hackathons do, in fact, strengthen the web3 community. More on that in a bit.<\/p>\n

Web3 hackathon benefits<\/h2>\n

For those out of the loop, a hackathon is an event where developers, non-technical founders, and other creatives can get together to build a solution to problems that are presented in front of them as a challenge.\u00a0<\/p>\n

Hackathons bring excellent opportunities for existing and new web3 developers when it comes to turning ideas into actual products, and potentially a web3 startup backed by VCs.\u00a0<\/p>\n

The key benefits of web3 hackathons include:<\/p>\n

Hackathons promote collaboration and healthy competitions<\/h3>\n

\u201cCommunity has always been the pulse of the web3 world. Hackathons are a great hands-on, get-your-processors-together approach to solving a real problem with a time constraint,\u201d Arabdha Sudhir, VP of Marketing at Halborn, said in a conversation with BeInCrypto.<\/p>\n

Hackathons, by design, are meant to invoke a competitive spirit among participating teams. And at the same time, they can also drive a growing industry to come together and operate like a closely-knit community with a shared objective of growth (often fueled by healthy competition).<\/p>\n

\"BeInCrypto<\/figure>\n

\u201cThe connections forged during the hackathon with other companies and people over the \u201clet\u2019s win this\u201d mindset often stay strong. It\u2019s very common that developers, hackers, and enthusiasts that you meet during the process become your next teammates or even your next co-founders. For Halborn, this is a great way to spot and nurture dev talent,\u201d Sudhir added.<\/p>\n

Hackathons make room for new talent<\/h3>\n

This is not true just for web3 hackathons, but any other hackathon, for that matter.\u00a0<\/p>\n

With hackathons, resumes and awkward personal questions are almost pass\u00e9. They rather make it easy for recruiters to zoom in on candidates who are skilled and deserving. You could also think of hackathons as a one-stop solution where recruiters can evaluate candidates based on their skills, problem-solving abilities, time management, and people skills.<\/p>\n

Corina Dolghier, Project Manager (Growth) at MakerDAO, elaborated on this point by sharing her company\u2019s recent experience with ETHWarsaw 2022.\u00a0<\/p>\n

Daughter said, \u201cConferences and hackathons are overall an indispensable opportunity for Web3 companies and DAOs to attract new talent and ETHWarsaw did a great job at providing everyone with the right space, tools, and connections to do that.\u00a0\u00a0<\/p>\n

We were very pleased to be a part of it and are looking forward to seeing the Polish community grow in the Web3 and DeFi<\/a> ecosystem.\u201d<\/p>\n

Helps web2 developers better adapt to the web3 landscape<\/h3>\n

Web3 hackathons provide the perfect platform where web3 developers can get hands-on with web3 applications. Not just that, but even experienced web3 developers get additional resources including advanced tech stack to build and experiment.\u00a0\u00a0<\/p>\n

\u201cMost web2 developers need help in understanding how their broad knowledge can be applied in the blockchain and crypto industry,\u201d said Vitaly Yakovlev, CTO and Co-Founder at ZKX.<\/p>\n

He added, \u201cEqually, the majority of web3 developers are still not engaged in the most advanced, cutting-edge blockchain tech. We see the mission of every major conference to be bi-fold \u2013 share and exchange the ideas about the latest developments within the industry as well as spread the knowledge about opportunities in web3 for those who are new to it.\u201d\u00a0<\/p>\n

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In other words, hackathons bring developers the opportunity to put into practice all the skills they learned from various sources including online web3 courses<\/a>, seminars and workshops, countless blockchain newsletters, and what have you!\u00a0<\/p>\n

\u2026.And that\u2019s not all<\/h3>\n

Note that these are just the tip of the proverbial iceberg as far as benefits from web3 hackathons are concerned. There are plenty more, including but not limited to:<\/p>\n