Detailed Explanation of the Seven Winning Projects from the Solana Radar Hackathon

Source: CryptoLeo, Odaily Planet Daily

After 5 weeks, the Solana Radar Hackathon officially concluded. The event included project founders from over 120 countries, over 10,000 participants, 1359 project submissions, and ultimately selected 35 projects across seven main tracks. According to a CoinGecko survey, Solana remains the most popular blockchain among investors in 2024, with a popularity rate of 38.79%. Solana's ecosystem metrics also rank among the top in all blockchains.

Currently, Solana is experiencing strong momentum, with the award-winning projects in the DeFi, Gaming, and Payments tracks showing overall good quality. Many projects have proposed new concepts and mechanisms. Additionally, there are many projects in the Consumer Apps, DAO, Infrastructure, and Depin tracks worth attention and research. Many of these projects are in their early stages and offer opportunities for users to participate and profit.

Below are brief introductions to the award-winning projects across the seven tracks of the hackathon:

Consumer Apps Track

First Prize: pregame

pregame is a P2P sports entertainment platform that currently offers betting on sports events like NFL and MLB. It is about to launch predictions for events like soccer, NBA, NHL, tennis, and golf, with a minimum bet of $50 per game.

Second Prize: trenches.top

trenches.top is a platform that tokenizes the reputation of Memecoin Alpha traders' "calls." Callers sync their records on their TG, and the platform ranks them based on their token profit potential. Traders can speculate on the ranking of callers to profit, or follow the top-ranking Memecoin Caller for copy trading to profit.

Third Prize: Genesis

Genesis is a tokenized intellectual property investment platform that allows users to create custom content and rewards them for participation.

Fourth Prize: FANPLAY

FANPLAY is a spinach game platform themed around a "Hamster Race" game, currently on Arbitrum, where users can bet ETH or USDC to support their favorite hamster, and will soon expand to the Solana network.

Fifth Prize: Wink

Wink is a template transaction market for creating Blink (Odaily Planet Daily Note: Blink is a specific component on Solana that can be integrated into an application to achieve fast, seamless interaction). Users can use these ready-made templates to generate Blink for different transactions or on-chain operations. Blink is a shareable link that allows users to execute transactions or create dApps on the Solana chain. Blink is built on Dialect's blinks & action technology, initially a simple link that transforms into a functional interface when expanded on supported platforms.

DeFi Track

First Prize: SQUEEZE

SQUEEZE is a token issuance platform that supports leveraged long and short positions at token issuance. Squeeze does not burn LP during token issuance but instead locks and manages LP by splitting it into multiple concentrated liquidity positions on Raydium. Traders can borrow from these positions without the risk of liquidation, unfair liquidation, or high fee volatility, providing users with a reliable way to long or short tokens. The platform currently plans to support Memecoin issuance and aims to support more tokens in the future, excluding leveraged trading for low market cap, highly volatile tokens.

Second Prize: Darklake (formerly Blackpool)

Darklake is a ZK-proof-supported trading platform and Solana's first DEX to offer real-time, MEV-resistant order execution, providing greater efficiency for DeFi through fast, private transactions. Currently on the Solana testnet, its roadmap and token information have not been disclosed, and users can claim test tokens for testing purposes.

Third Prize: Pye

Pye is a yield market that allows stakers to tokenize their staking rewards and resell them at a discounted price on the open market, unlocking the $500 billion and growing staking market and over $400 billion in staking rewards market to be unlocked in the next year. The product team has previously founded and launched projects such as MakerDAO, Covalent, Badger DAO, Rated Network, Psy Options, and Armadafi.

Fourth Prize: Neutral Trade

Neutral Trade is an on-chain multi-strategy hedge fund created by experienced quantitative analysts and traders from Goldman Sachs, Barclays, and the world's top three hedge funds, as well as experienced Web3 developers. Through a Delta-neutral trading strategy, it aims to provide stable high yield, with its first product, JLP Delta Neutral Vault, running on the Drift contract market with an APY of 79.18%.

Fifth Prize: Watt

Watt is a volatility mining protocol where users can single-side stake any token on Solana. This includes Wrapped version tokens and is compatible with Solana Memecoins, currently in the Waitlist application phase.

Game Track

First Prize: Supersize

Supersize is a real-time, fully on-chain, high-stakes multiplayer game supported by Magicblock. Supersize is a game styled similarly to "Agar.io": players spawn as dots and must eat or be eaten to become the biggest on the map. Larger players move slower but can spend tokens to boost forward and eat smaller players. Supersize can be played with any token on Solana. Players can buy-in to join the game and exit at any time to receive scores in token form.

Second Prize: The Arena

The Arena is a PvP social trading game where users can deposit USDC to trade against opponents, become the top trader to earn rewards, and is currently in the Waitlist application stage.

Third Prize: Windfall

Windfall is the first game-based Liquid Staking Token (LST) project. The core concept is to gamify DeFi, and Windfall collaborates with Solana NFTs, Memes (such as Bonk), and other IPs to provide various casual, fun luck-based games. The prize pool comes from opportunity, with users depositing SOL, which is converted to windSOL through Sanctum and further staked through Fragmetric to generate dual rewards. Similarly, the game also supports users depositing stablecoins, ETH, and BTC to earn yield and contribute to the prize pool. In addition to merely leveraging IPs, the project also designs games based on community collaboration, with over 20,000 users on the Waitlist.

Fourth Prize: Barnfight

Barnfight is a platform for creating and participating in games using Memecoins. Users can choose 2 to 6 tokens to create and start their own game, set rules, and include any tokens issued on Solana. Participants are ranked from high to low based on the total bet amount of all players, and the game creator can decide which projects participate, which ranks win, and how to distribute prizes to users.

Fifth Prize: Quantro

Quantro is a PvP ETF trading game that allows users to build an ETF with $1,000,000 virtual dollars and compete in a PvP style with minimal investment for 2x, 10x, or 100x returns.

Crypto Infrastructure Track

First Prize: txtx

txtx is a developer platform for engineering teams to leverage runbooks, transforming smart contract infrastructure management into a secure, reproducible, and proficient developer experience. Runbooks set a new standard for Web3 infrastructure, allowing users to seamlessly deploy contracts on Eclipse and Solana via txtx.

Second Prize: Tokamai

Tokamai is a developer tool for discovering on-chain program errors in Solana and providing real-time monitoring, enabling users to discover on-chain program errors preemptively and receive real-time on-chain program monitoring and alerts with fast detection, analysis, and remediation.

Third Prize: Chakra Labs

Chakra Labs is an end-to-end decentralized file storage network, offering free-to-use end-to-end encrypted file storage supported by Solana, Irys, and Lit.

Fourth Prize: Verve

Verve is an open-source embedded smart wallet infrastructure designed to create embedded smart wallet infrastructure using an account abstraction and ZK compression. The wallet is not managed through multi-party keys but instead utilizes a custodial model—allowing users to assign any number of custodians to their smart account with different roles and permission levels. Leveraging ZK compression of the Light Protocol, creating smart accounts using Verve incurs only a transaction fee. This enables applications of any scale to offer embedded wallets to new users almost for free. Additionally, as Verve's smart accounts reside entirely on the Solana chain, they are not subject to the risk of service providers discontinuing external services.

Fifth Prize: Dashy

Dashy is a wallet cluster management tool that allows users to manage their portfolios across multiple wallets, isolating them within clusters based on their purposes to ensure funds are kept separate.

DePIN Track

First Prize: svachsakthi

svachsakthi is an off-grid renewable energy project built on the Solana network, focusing on solar energy.

Second Prize: AdX.so

AdX.so is a decentralized advertising exchange platform, built on Usecase-optimized SVM (Solana VM), leveraging blockchain technology to enhance digital advertising transparency, efficiency, and privacy. The platform supports real-time (crypto-blind bid) auctions to deliver targeted digital ads to a website or app's audience, a process that can be traced back to the Solana network for verification and settlement between advertisers and publishers. Advertisers design ads, manage creatives, and leverage real-time, targeted ad placements. Publishers can easily manage and integrate assets (websites, blogs, apps) and generate embed codes to start monetizing through content.

Third Prize: CURA

CURA is a DePIN pet collar offered to pet lovers, launching the first DePIN+Edge AI smart pet collar and soon-to-be-released mobile app for pet services.

Fourth Prize: NetSepio

NetSepio is a decentralized VPN and WiFi hotspot provider that uses Social DePIN to enhance global network security by allowing users to contribute to a decentralized network, transforming individuals into authorized nodes to promote secure, private, and universal access, democratizing network security access. AI technology actively monitors and mitigates network threats in real-time; the use of ZK and advanced encryption ensures user privacy, security, and data integrity; users can contribute to the network, manage the network, ensure transparency, and receive node incentives.

Fifth Prize: Kiko Network

Kiko Network Kiko is a user-centric Depin network for climate monitoring built on Solana, designed to track real-time weather and air quality data from globally dispersed nodes, where users can actively contribute environmental data as "weather stations."

DAO & Web3 Track

1st Place: AlphaFC

AlphaFC is a fan-operated community platform that empowers soccer fans with true decision-making power and financial ownership through club shares (a token enabling fans to vote on key decisions such as scouting, trades, and team management). Its features include a MyTeam page for managing the player roster, trading shares, and voting on proposals. AlphaFC is acquiring a Level 6 English football club and expanding through a SaaS model to onboard more teams and extend into other sports projects.

2nd Place: Marshmallow

Marshmallow is an app on Solana's blockchain that educates children on financial literacy, focusing on saving, earning, and goal setting. Children learn about finance by completing tasks, setting financial goals, and receiving savings rewards set by parents. Marshmallow reimagines the piggy bank as a family DAO with no KYC barriers and can be used globally.

3rd Place: Bizzed

Bizzed is a community platform that assesses and collectively invests in small and medium-sized enterprises. Through AI, it conducts market analysis, financial forecasting, and due diligence to determine investment opportunities.

4th Place: LivingIP

LivingIP is a platform for collaborative storytelling on the blockchain, allowing DAOs and web3 nations to develop their narratives through community contributions and votes, creating cNFTs to prove their on-chain contributions.

5th Place: Blonk

Blonk is a Telegram bot where users can create groups using Squads multisig and support collective action through Solana Blink.

Payment Track

1st Place: International Stable Currency (ISC)

ISC's product FXSwap is a DEX focusing on non-dollar stablecoins, aimed at enhancing the liquidity of all non-dollar stablecoins and RWAs. It brings foreign exchange trading on-chain to facilitate efficient exchange between foreign exchange and stablecoins, enabling stablecoins to meet liquidity demands across DeFi protocol integrations. Currently partnered with Etherfuse, VNX, BRLA, and Ripe.

2nd Place: Hylo

Hylo is a Solana LST-backed stablecoin protocol that has introduced two core tokens: hyUSD stablecoin and xSOL leveraged token. The collateral for the two tokens is supported by different SOL LSTs. xSOL and hyUSD have a symbiotic relationship where xSOL leverages SOL price fluctuations to keep hyUSD pegged to the dollar at a 1:1 ratio during market swings. Additionally, the protocol's LST reserves' earnings are distributed to xSOL holders.

3rd Place: Split Finance

Split Finance is a classic Payfi solution with the motto "Buy Now Pay Never." Its revenue derivatives market splits revenue-generating assets into principal and revenue tokens, allowing users to pay fees with earnings received from staking assets.

4th Place: Ribh

Ribh is a receivables solution for SMEs in emerging markets. Users can apply for a physical or virtual Dollar spending card and make quick payments to business partners in over 40 countries/regions using held USDC, with real-time settlement and low fees.

5th Place: Quartz

Quartz is a cryptocurrency payment solution on Solana, where users can spend cryptocurrency value via bank transfers or self-custody debit cards without selling their cryptocurrency. Quartz uses smart contracts on Solana to coordinate user funds, where funds deposited in Quartz automatically move to the protocol offering the highest yield and lowest interest rate at that time. Quartz regularly checks available rates on integrated platforms. During off-ramp transactions, Quartz borrows USDC loans from these platforms and withdraws them, enabling users to exit without selling their cryptocurrency. Furthermore, Quartz can only transfer funds between platforms; without user authorization, it cannot withdraw deposits from platforms, and only the wallet that deposited the funds can withdraw them.

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