One of Asia's biggest blockchain events is due to take place within weeks — and it's going to feature an eight-day hackathon.
Morpheus Labs has organized the competition in conjunction with Huawei and Blockchain Association Singapore.
The project says the hackathon aligns with its vision of blockchain technology being an indispensable tool for education — unlocking opportunities for developers across Asia.
A grand prize featuring cash, Huawei Cloud Credits and a laptop will be awarded to the winner — and there will be rewards for second and third place, too.
It's all going to kick off on July 20 and 21, when participants will have the chance to start socializing and brainstorming together.
They'll have until 11.59pm on July 24 to deliver a video demo — an all-important pitch that illustrates their concept in action.
Judging will take place on July 26 and 27, with an award ceremony taking place to crown the winners on July 28.
Pei-Han, the CEO of Morpheus Labs, told Cointelegraph: "This hackathon gives budding and experienced blockchain developers — and even those with no blockchain experience — a stage to hone and show their skills.
"We are very excited for the hackathon as it has been endorsed by numerous enterprises and the number of sign-ups for the hackathon has been more than encouraging."
He added that Morpheus Labs and BAS have worked together "on many occasions" since 2017, and further events are planned in the not-too-distant future.
Experiencing the future of Web3
The hackathon's being described as "the ultimate event for blockchain developers," with more than 1,000 attendees in attendance. As well as insights from industry experts and a series of educational courses, it'll alo give executives a chance to discover the latest talent in the fast-moving Web3 space.
Competitors will be able to work on a plethora of cutting-edge projects in a special Web3 Sandbox — whether this is designing a decentralized autonomous organization that fosters innovation, connecting NFT applications to real-life businesses, or building a DApp that offers a smoother user experience through decentralized identities. Technology that tackles the United Nations' 16 Social Development Goals will also be looked on favorably.
As you might expect, "Web3 and Beyond" is the theme for Singapore Blockchain Week 2022, and it's being held at the Sands Expo and Convention Center. With appearances from the Monetary Authority of Singapore's chief fintech officer Sopnendu Mohanty, and SEC commissioner Hester Peirce, it's shaping up to be a news-making event.
Championing its platform
Morpheus Labs hopes the hackathon will also provide a showcase for its platform — and the project has been proactive in onboarding new customers and partners.
The KuCoin exchange and KuCoin Labs are also on board as a partner for the event — bolstering the event even further.
Morpheus is now collaborating with Sleep Future — a blockchain-driven sleep wellness ecosystem that aims to promote the sleep quality of users through data analysis and recommendations.
It's also signed a memorandum of understanding with Avadore, and Morpheus Labs infrastructure will play a starring role in an upcoming blockchain metaverse project for the dating industry — among the first of its kind.
GEEQ, 5ireChain, Numen and ChainUp are just some of Morpheus Labs' other customers.
When it comes to partnerships, Morpheus Labs says it has been motivated by creating an ecosystem that delivers real-world utility for customers.
And there's little doubt that even more compelling partnerships will emerge during this upcoming hackathon — not least because this tech sector is only scratching the surface of what Web3 can achieve.
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