Filecoin, an open-source cloud storage network in association with the peer-to-peer storage protocol Interplanetary File System (IPFS), announced the top 5 winners of their India-focused hackathon Mars Hackathon 2021 launched in partnership with Polygon and organised by Lumos Labs. The top 5 solutions, <BlockSpace Web, DScan, Avatar Metaverse, Digital Verse, Slick) >, stand to receive grants from a prize pool of $30K. Additionally NTB (NFT.TopBest) received special recognition for their unique solution from program sponsor Huddle, a unique decentralized video conferencing platform, and will receive a grant prize worth $250.
Launched in partnership with Polygon, an Indian layer 2 Ethereum scaling solution and organized by Lumos Labs, a leading technology innovation management firm, this virtual hackathon spanning over two months is part of the larger Asia Hackathon Season 2021. With over 1500+ pan-India registrations, this Hackathon successfully featured various innovative ideas across the decentralized sphere including storage, metaverse, entertainment, art, and more. From these, five creative blockchain-based solutions were selected to pitch their visions live at the Mars Hackathon Demo Day. The hackathon requisite solutions differentiated by two tracks including decentralized storage solutions integrating Filecoin/ IPFS to solve everyday problems and building dApps on Polygon using Filecoin and/or IPFS. With Filecoin, IPFS and Huddle’s solution, participants were able to reinvent the decentralized storage world whereas with the Filecoin and Polygon bridge, the participants enhanced their decentralized applications.
“We are glad to see such an exciting response from the Indian developer ecosystem to create and be a part of a decentralized future. While the aim of the Hackathon was to empower budding and new developers, we have witnessed sophisticated ideas for a decentralized future filled with efficient storage solutions. These with the correct mentorship and guidance provided through the course of this Hackathon have emerged into relevant real-world solutions with great potential. This was our first initiative in the Indian ecosystem and after witnessing such a competent talent pool, we are very much looking forward to offering more opportunities in the near future.”
The demo day saw the top five winners of the two tracks pitching their cutting edge distinct blockchain-based solutions live. Of these five, there were three winners selected for the Filecoin track:
BlockSpace Web - a diverse decentralized data and photo storing and sharing platform
DScan - an easy-to-use, quick decentralized information sharing protocol
Avatar Metaverse - A metaverse NFT-based personalized avatar creation platform
The two innovative projects that bagged the title for the Polygon specific track included:
Digital Verse - a blockchain-based platform for the creation, licensing and sale of synthetic videos.
Slick - a decentralized exclusive content sharing and storing platform
Additionally, NTB (Nft.TopBest), a customizable NFT-minting platform on Discord, was chosen by Huddle to win the Huddle grant bonus for this Hackathon.
“The Indian blockchain industry has been an active and passionate demographic for the blockchain space with new innovative solutions being created every day. During the course of this Hackathon as well, we got to witness their potential and passion once again. Decentralization is becoming a pulsating sector with new innovations being churned out regularly. We are aiming to be a part of this space with more initiatives like Mars Hackathon and hope to see the same enthusiasm and creativity.”
All five chosen winners stand to receive prizes from a pool of $30K. The two month long Hackathon was organized in partnership with Lumos Labs, a leading expert in running tech innovations programs in India.
To learn more about the Asia Hackathon 2021, feel free to visit- https://events.filecoin.io/asia-hackathon-season
About Filecoin:
Filecoin, the world’s largest decentralized network, allows users to store, request, and transfer data via a verifiable marketplace. Filecoin is completely open-source, enabling people from all over the world to participate. The Filecoin protocol runs on an advanced and novel proof system — a combination of Proof of Spacetime (PoSt) and Proof of Replication (PoRep), to provide unmatched efficiency and reliability.
Filecoin’s advanced technology provides a robust foundation to store the world’s most valuable data sets. An alternative to costly cloud storage, the Filecoin network offers efficiently priced and geographically decentralized storage, minimizing financial barriers, and allowing users to take advantage of its unmatched network capabilities.
For more details: https://filecoin.io/
About Interplanetory File System (IPFS): IPFS is a peer-to-peer network and protocol designed to make the web faster, safer, and more open. IPFS upgrades the web to work peer to peer, addressing data by what it is instead of where it’s located on the network, or who is hosting it. For more details: https://ipfs.io/
About Polygon:
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
For more details, visit: https://polygon.technology/
About Lumos Labs: Lumos Labs is a Singapore-based innovation management firm that specializes in running technology open innovation programs. Founded in 2018, the company has run several accelerators and open innovation programs for multiple Indian and international technology firms, corporates, governments and investment firms. Their services include Growth Services, Open Innovation, Start-up Enablement, and organizing large scale developer & technology conferences & hackathons. Their clients include Aeternity Starfleet Blockchain startup accelerator, T-block blockchain startup accelerator, Genesis hack - A Blockchain Hackathon, Binance Build for Bharat Accelerator For more details, visit https://www.lumoslabs.co/
Media Contact: Susan Joseph Head of PR, Lumos Labs susan@lumoslabs.co | 9900029191
Alina Ahmed PR Associate, Lumos Labs alina@lumoslabs.co | 8826380775