Wed. Oct 5th, 2022


Polkadot will hold its first hackathon that focuses on Latin America starting Sept. 26 to engage local developers in the network and promote the uses of blockchain around the world.

See related article: Polkadot is top crypto held by VCs and hedge funds in Q4 2021

Fast facts

  • The eight-week-long hybrid event will include the themes of Web 3/blockchain tooling, smart contracts, decentralized finance (DeFi) and non-fungible tokens on Polkadot.
  • Polkadot is a protocol focused on connecting different blockchains. It allows incompatible networks such as Bitcoin and Ethereum to send value and data through the network.
  • Most of Polkadot’s users are developers, Derek Yoo, the founder of PureStake, a Polkadot-based project, said in a report by Forbes last February.
  • Polkadot had the second-largest developer community in 2021, with a total of 1,400 developers by the end of 2021, a 67% increase from the beginning of the year, according to the annual Power Capital Developer Report. By comparison, Ethereum had the most developers with 3,920, and Cosmos was third with around 950, the report said.
  • Starting from its first hackathon “Hello World” in October 2020, Polkadot has held events centered in India, Asia-Pacific and North America. It will host similar events in Europe, the Middle East and North Africa region, according to an announcement published last October.

See related article: Polkadot-based Acala Dollar burns some 1.3 bln mis-minted stablecoins



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