SevenX Ventures Launches Nitro Hackathon with HackQuest, MUD, DOJO, and Moonshot Commons, Focusing on Fully On-Chain Gaming and Web3+AI Applications
Atlanta, GA, August 24th, 2023, Chainwire
The Nitro Hackathon, initiated by SevenX Ventures, is officially open for registration to aspiring participants from all corners of the globe. This exciting event revolves around two themes: “Fully On-Chain Game” and “Web3+AI Applications”. The hackathon will kick off on August 25th and conclude with a Demo Day on September 12th. The hackathon is co-hosted by Moonshot Commons, HackQuest, Dojo, and MUD.
The Nitro Hackathon: A Platform for Web3 Innovation
Nitro, initiated by SevenX Ventures, is a Hackathon/Hacker House brand that aims to provide a platform for the top Web3 builders to thrive. With the abundant resources and extensive industry expertise of SevenX Ventures, Nitro seeks to foster innovation and growth within the Web3 space.
The Nitro series of Hackathon/Hacker House will host two events each year, focusing on the latest emerging trends and narratives in the market.
During each Hackathon/Hacker House event of the Nitro series, SevenX Ventures will invite the most influential partners in the space to participate and promote the thesis. By bringing together key players in the industry, SevenX Ventures and Nitro Hackathon aim to drive the evolution of Web3 technologies.
Powering the Future: SevenX Ventures
Founded in 2020, SevenX Ventures is a Web3 fund based in Asia and the United States. Currently, SevenX Ventures manages three direct investment funds and one FoF fund, with a total AUM of nearly 300 million USD.
SevenX Ventures was initiated by experienced Web3 veterans, with an investment team composed of more than 10 professional investors. Driven by research, the fund proposed the CIVIC investment theme, emphasizing Contrarian, Innovation, Value, Idea, and Connection. They also put forward the getBTC evaluation framework, covering governance, economy, technology, business model, team, and community.
Over the last three years, SevenX Ventures has invested in over 100 early-stage projects in the crypto space, including NEAR Foundation, Oasis Foundation, Arweave, Aurora, Hyper Oracle, GoPlus, Octopus Network, and Caldera.
Collaborating Partners: Moonshot Commons, HackQuset, MUD, and Dojo
The Nitro Hackathon is the result of a collaboration between pioneers in the field. Moonshot Commons, one of the largest APAC Developer and Founder communities, and HackQuest, a Web3 developer education platform, have also joined forces as co-hosts of the Nitro Hackathon.
Through this exciting event, Moonshot Commons aims to gather an ambitious community of pioneering Web3 developers to learn, collaborate, and grow together. Meanwhile, HackQuest seeks to provide an inclusive platform for builders of all levels to gain practical experience and explore new innovations within the Web3 space.
To ensure the success of the event, MUD and Dojo, prominent players in the fully on-chain gaming domain, bring their technical expertise to the table. Additionally, the hackathon boasts a lineup of esteemed mentors from the industry. These include Louis, partner at SevenX Ventures; Matt, CEO of Caldera; GM, partner at Dragonfly; Taylor Zhang, Head of Ecosystem at Mask Network; Will Robinson, Core Contributor at Delphinus Labs; Jenny Cheng, Vice President at Animoca Brands; Yijia, CEO of Curio; and Bowen, Partner at Smrti Lab, among others.
Diving Into the Themes: Fully On-Chain Game and Web3+AI Integration
As a testament to the pioneering spirit of SevenX Ventures, the Nitro Hackathon features two themes – “Fully On-Chain Game” and “Web3+AI Applications.”
Web3 and blockchain have sparked a wave of innovation in the gaming industry. Developers are continuously exploring the integration of cutting-edge concepts such as NFTs, tokenomics, and decentralized technology stacks with conventional gaming models. This fusion introduces players to on-chain asset ownership and an open economy that provides individuals autonomy over their in-game assets. By integrating web3 concepts like programmability and decentralization, games have the power to put assets, user data, game logic, and more for a fully on-chain gaming experience. The existing technology has paved the way for high-quality Web3 RPGs, SLGs, FPSs, and other genres to thrive.
Meanwhile, the “Web3+AI Applications” theme is a convergence of two of the most groundbreaking technologies of our time – blockchain and artificial intelligence. As AI continues to make significant strides, its fusion with the rapid breakthroughs within blockchain technology can also spark limitless creativity on the consumer side, offering a new way to create, interact, and motivate. This mix has the potential to transform traditional mobile internet products and breathe new life into a consumer market that’s become oversaturated.
Open for Registration
The Nitro Hackathon offers an extraordinary opportunity for developers worldwide. Participants can look forward to engaging workshops, networking opportunities, and a chance to showcase their innovation. Register today at https://nitro.day/ to be part of this revolution.
About SevenX Ventures
Founded in 2020, SevenX Venture is a Web3 fund based in Asia and the United States. Currently, SevenX Ventures manages three direct investment funds and one FoF fund, with a total AUM of nearly 300 million USD. Over the last three years, SevenX Ventures has invested in over 100 early-stage projects in the crypto space.