BNB Chain has announced the addition of UpTop and Bitring as new sponsors for its BNB Hack: AI, DeSoc, DeSci, and DePIN hackathon. This year’s event will focus on how to best connect and encourage decentralized innovation in all sectors. Developers taking part in the hackathon will be able to compete for prizes, including cash or other funding, recognition, and opportunities to be integrated into existing platforms.
BNB Hack will have dedicated tracks for AI, Decentralized Society (DeSoc), Decentralized Science (DeSci) and Decentralized Physical Infrastructure Networks (DePIN). Beyond the 48 hour hackathon, there will be mentorship and ecosystem support offered to the participants of the hackathon. Even projects awarded Honourable Mentions are still eligible to win bigger rewards.
To encourage creativity, UpTop is putting up an $8,000 bounty for novel projects or uses that will improve liquidity pools. Their vision includes creating new social trading features and expanding their protocol with smart contract extensions.
"BNB Chain is where builders turn ideas into actual products — that’s exactly what we believe at UpTop," - UpTop team
PlayAI is a recently launched yield-focused automation layer on BNB that is already attracting more than 25,000 sign-ups. This further demonstrates the increasing interest and opportunity in the BNB Chain ecosystem.
Bitring is sponsoring an integration bounty with a 10 Bitring Genesis Rings bounty ($11,990 total). We dare developers to make an AI smart enough to be able to recognize what food is from a picture or description sent. This machine learning AI should then recommend healthier replacements!
"We’re not just a ring — we’re insurance you can wear." - Bitring team
The first BNB Hack event, hosted by BNB Chain, is still accepting submissions and offers over $30,000 of prizes. It serves as an incredible canvas for many developers to create on such as AI, DeSoc, DeSci, and DePIN. The participation of sponsors like UpTop and Bitring underscores the growing importance of these fields and the potential for innovative solutions within the blockchain space.
UpTop’s particular interest is in supporting new innovation applied to liquidity pools. Their bounty helps drive developers to build innovative solutions that improve efficiency and accessibility in decentralized finance (DeFi). Bitring’s commitment to AI-driven health solutions is a wonderful example of the unique innovative applications being developed in the ecosystem surrounding BNB Chain.
