Connect with us

Technology

Movement Labs unveils finalists for Web3 hackathon with $2M in prizes

Published

4 hours ago

on

Movement Labs unveils finalists for Web3 hackathon with $2M in prizes

Movement Labs, the builder of a new blockchain that uses the Move smart contract language, announced 85 finalists for its hackathon.

More than $2 million is at stake in the “Battle of Olympus” hackathon. The two-month event attracted 2,100 project submissions from Web3 developers worldwide. Movement Labs said this response underscores the growing interest in Move-based blockchain technology and its potential to reshape the future of decentralized applications.

Movement Labs recently announced that its Web3 projects have deployed on its testnet with $160 million in total value locked (TVL) committed to its Mainnet.

It basically means that projects with a lot of financial backing have begun testing on Movement Labs’ blockchain and are working toward its official launch of its Mainnet. The $160 million is a reference to the amount of capital at risk in projects that are committed to the ecosystem. Movement Labs itself has raised $41.4 million across two rounds.

Advertisement

The Battle of Olympus hackathon produced ten standout projects across six critical categories, each demonstrating innovative applications of Move-based technology:

Titan

StakedMove: Premier liquid staking token for Movement, enhancing network security and user yield opportunities.

DeFi

Gasyard: Cross-network gas optimization protocol, streamlining DeFi transactions and improving user experience.
PicWe: Omni-chain liquidity infrastructure, facilitating seamless asset transfers across the Movement ecosystem.

AI

RNDM: AI-driven modular liquidity solution, potentially revolutionizing automated market-making in DeFi.

Advertisement

SocialFi

Podium: Web3 social audio platform enabling community-moderated discussions, bridging social media and blockchain.
Movewiffrens (MWFs): Decentralized social media platform, reimagining online interactions with blockchain-based identity and content ownership.

NFTs/GameFi

Seekers Alliance: Skill-based trading card game with innovative NFT mechanics, showcasing advanced smart contract capabilities on Movement.
Simemes: Meme-powered social gaming platform, blending viral internet culture with blockchain gaming.

Infrastructure

Movide: Advanced online IDE for Move, accelerating development on the Movement network.
Scaffold Move: Comprehensive toolkit for building dapps, lowering barriers to entry for developers in the Movement ecosystem.

Movement Labs cofounders Cooper Scanlon (left) and Rushi Manche.
Movement Labs cofounders Cooper Scanlon (left) and Rushi Manche.

The Battle of Olympus winners will receive substantial support, reflecting Movement Labs’ dedication to fostering blockchain innovation. They will get grants of up to $100,000 from the Movement Foundation; exclusive access to the newly launched Move Collective accelerator program; introductions to Movement’s network of top-tier venture capital firms; ongoing technical support, resources, and expert mentorship; Eligibility for the MoveDrop program; and a sponsored trip to Devcon 2024 in Thailand, covering flights and accommodation, courtesy of 280 Capital, an investor in Movement Labs.

“I’m truly amazed by the caliber and talent of developers from around the world who competed in The Battle of Olympus,” said Ali Shiekh, lead strategist, Movement Labs, in a statement. “This event is just a glimpse of the Movement we’re building, and I’m incredibly proud of all the builders who took part.”

Advertisement

The company said the Battle of Olympus hackathon signals a significant growing developer interest in Move-based blockchains. As Movement Labs progresses towards its mainnet launch, these projects will play a role in strengthening its ecosystem and demonstrating the versatility of Movement’s modular architecture.


Source link
Related Topics:
Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Servers computers

D-Link 42U Network Rack installed

Published

7 mins ago

on

October 11, 2024

By

D-Link 42U Network Rack installed

source

Continue Reading

Technology

Tesla’s Optimus bot makes a scene at the robotaxi event

Published

11 mins ago

on

October 11, 2024

By

Tesla’s Optimus bot makes a scene at the robotaxi event

A bunch of Tesla’s humanoid Optimus robots walked out alongside the reveal of Tesla’s new Robovan vehicle at tonight’s Cybercab event. The robot is also seen in a video doing daily human tasks like bringing in a package off the porch and watering your plants.

“The Optimus will walk amongst you,” Tesla CEO Elon Musk qips. “You’ll be able to walk right up to them, and they will serve drinks.”

Musk explains it can basically “do anything” and mentions examples like walking your dog, babysitting your kids, mowing your lawn, serving you drinks, etc. He said it will cost $20,000 to $30,000 “long term.”

“I think this will be the biggest product ever of any kind,” Musk says.

Advertisement

After the presentation, livestream footage showed people interacting with Optimus robots at tables and in crowds. Still, the robots weren’t doing much other than waving in the style of Astro Bot. There was a table of drinks — but the Optimus bot was not seen doing more than holding a cup of ice. However, one bot could hand over small gift bags at another table and play rock paper scissors with guests. And there was an enclosed gazebo with a bunch of dancing robots inside.

Hey, it can do something!
GIF: Tesla

The Tesla bot was not a serious product when Musk first revealed the project in 2021, when a man in a robot suit took the stage to perform a silly dance. But in 2022, the company showed off a crude prototype that gingerly walked onstage.

Musk has loftily promised that Optimus will be a “fundamental transformation for civilization.” And he made bigger ones for the investors: that it’ll bring “two orders of magnitude” of potential improvement of economic output and that it can be “made in very high volume, ultimately millions of units.” Musk said it would cost around “$20,000” and allow for “a future where there is no poverty.”

Advertisement

Source link

Continue Reading

Technology

NYT Strands today — hints, answers and spangram for Friday, October 11 (game #222)

Published

33 mins ago

on

October 11, 2024

By

NYT Strands homescreen on a mobile phone screen, on a light blue background

Strands is the NYT’s latest word game after the likes of Wordle, Spelling Bee and Connections – and it’s great fun. It can be difficult, though, so read on for my Strands hints.

Want more word-based fun? Then check out my Wordle today, NYT Connections today and Quordle today pages for hints and answers for those games.

Source link

Continue Reading

Servers computers

2U 16in Universal Vented Rack Mount Cantilever Shelf – CABSHELFV | StarTech.com

Published

39 mins ago

on

October 11, 2024

By

2U 16in Universal Vented Rack Mount Cantilever Shelf - CABSHELFV | StarTech.com



The CABSHELFV 2U 16in Depth Universal Vented Rack Mount Shelf lets you add a compact, 2U shelf to virtually any standard 19-inch server rack or cabinet with front mount options. This TAA compliant product adheres to the requirements of the US Federal Trade Agreements Act (TAA), allowing government GSA Schedule purchases.

Our vented rack shelves improve air flow and help to lower temperatures in the rack. Constructed using SPCC commercial grade cold-rolled steel, this durable fixed rack shelf can hold up to 22kg (50lbs) of equipment – a perfect solution for storing small, non-rackmount equipment, tools, peripherals or accessories in your rack to keep them readily accessible.

Backed by a StarTech.com Lifetime warranty.

To learn more visit StarTech.com

https://www.amazon.com/StarTech-com-Vented-Server-Mount-Shelf/dp/B008X3JHJQ/ref=sr_1_1?dchild=1&keywords=cabshelf22v&qid=1600979374&sr=8-1&th=1 .

source

Continue Reading

Technology

NYT Crossword: answers for Thursday, October 10

Published

54 mins ago

on

October 11, 2024

By

NYT Crossword: answers for Monday, September 23


The New York Times crossword puzzle can be tough! If you’re stuck, we’re here to help with a list of today’s clues and answers.

Source link

Continue Reading

Servers computers

Austin Hughes InfraPower, Rack Power Distribution Unit

Published

1 hour ago

on

October 11, 2024

By

Austin Hughes InfraPower, Rack Power Distribution Unit



AUSTIN-HUGHES – InfraPower
Rack Power Distribution Unit

InfraPower provides a complete power management solution from Basic to Intelligent kWh Outlet Measurement PDU :

1. Intelligent PDU (W Series) : Monitored or Switched, Outlet Measurement available

2. Metered PDU (MD Series): Local monitoring via a digital ammeter

3. Basic PDU : Basic Series PDUs are designed for cost efficient and reliable power distribution in data center.

Austin Hughes rPDU model available in 1Phase & 3Phase.

PT. Uni Network Communications is the distributor of AUSTIN-HUGHES.
Austin Hughes is a design and manufacturing group that offers a broad range of solutions based around 19-inch Rack-mounted technology.

Austin Hughes solutions include :
+ InfraSolution® SmartCard access control & monitoring for global branded racks
+ InfraPower® intelligent kWh power management
+ InfraCool® intelligent airflow management
+ InfraGuard rack environmental sensor system
+ CyberView™ dedicated KVM switch & rackmount display and UltraView professional LCD screen.

Please Contact Us for more informations:
PT. Uni Network Communications

Jl. Batu Jajar No.11A, Sawah Besar
Jakarta Pusat – 10120
Phone : 021 3512977
Fax : 021 3512526
Email : sales@abba-rack.com | marketing@unc.co.id

www.abba-rack.com || www.unc.co.id || www.kvm.co.id

source

Continue Reading

Trending

Copyright © 2024 WordupNews.com