Winners of the IBC Ideathon, Ideahacker's Guide to IBC
We’re thrilled to announce the final results of the Ideahacker’s Guide to IBC Ideathon, a global online ideathon to kick off the next wave of development in cross-chain innovation. We received an impressive number of ideas from diverse participants across the different tracks, with 207 BUIDL submissions from 319 ideahackers. The judging panel was composed of 13 experts from the interchain and Solana ecosystems.
Ideahacker’s Guide to IBC was a hackathon just for ideas—no coding or software engineering required. Anyone with a background in blockchain and a willingness to learn the basics of IBC was eligible to participate.
Ideathon Prizes
The total prize pool is $30,000 in ATOM tokens across the five tracks, plus the first-place winners get an all-expenses-paid trip to Istanbul to incubate their ideas in real life.
Each track had 3 cash prizes:
- First prize: $3,000
- Second prize: $1,500
- Third prize: 3 winners at $500 each
Judging took place in isolation; the judges had private documents and did not get a chance to see each others' scoring. Per the submission guidelines, teams could win in more than one category, as long as they submitted different ideas in each category.
Now, without further ado, congratulations to the deserving winners…
Chain Abstraction
First Prize
Cristiano, for his Interchain Lending Market, a cross-chain lending dApp designed to address the fragmentation, scattered liquidity, and inefficiencies in the lending markets.
Second Prize
Hacker4658615, for the Interchain Rights Broker, a decentralized arbiter that facilitates the acquisition and licensing of NFTs across IBC-enabled blockchains.
Third Prize Winners:
- Hacker9998c3c, for MetaKey, a decentralized interchain wallet abstraction layer that allows users to interact with multiple blockchains without needing to understand or manage different wallets or assets manually.
- Marvel_ib, for DeathFi, a decentralized afterlife protocol that autonomously manages the digital assets and presence of individuals after their death.
- Utkarsh Arora for TransChain-Health, a decentralized health and IoT monitoring system using blockchain and cross-chain technology
Solana
First Prize
Rizwan and Asif for TriAd, a decentralized cross-chain advertisement exchange that empowers advertisers, publishers, and audiences to advertise without compromising on transparency.
Second Prize
Abdelghani for DAPM, an idea to break down the barriers of fragmented DeFi by unifying shared pool management across multiple blockchains.
Third Prize Winners
- Nwakaku Winner for Privvy Protocol, a privacy-focused platform that makes managing payments simple and secure with private payment links.
- Choguun and Sarah for IBCCraft Game, a fully omni-chain Minecraft-like game leveraging IBC.
- Volcanhacker for Sovereign Identity Protocol (SIP), enabling seamless cross-chain identity management.
Intents & Incentives
First Prize
Shivansh for InterXecute, a project that uses AI to optimize cross-chain transactions by predicting the best routes for cost and speed.
Second Prize
SanctusMarculus and Bona Fortuna for Cross-Chain Proposerless Block Building Mechanism for Relays in IBC Protocol, a project that aims to improve off-chain relay-based cross-chain transaction processing with a decentralized block-building system that optimizes value extraction.
Third Prize Winners
- Hacker83df958 for IBC + Solver Network, a solution to provide users with safe, cheap and fast bridging.
- Vianney Kakooza for Creating a Crosschain DID on IBC, an idea for creating a Proof of Identity on IBC that can be used to verify identity across different chains.
- Vikas for the Intents Bridge for IBC for abstracting bridging complexities via intents.
DeFi Apps
First Prize
Rizwan and Asif for Vector Protocol, an interchain debt management protocol with features like interchain debt management, debt swapping, debt clearing, and settlement.
Second Prize
Manik Chauhan for the Interchain Asset Streaming Protocol (XASP), which solves key inefficiencies in decentralized finance (DeFi) by enabling real-time cross-chain asset and yield streaming.
Third Prize Winners
- 0x7 for SwapGuard, a cross-chain DEX that enables users to set orders once, execute anywhere, and sleep peacefully with automated protection from MEV and front-running.
- Emmanuel Daramola for BlocPayroll, a blockchain payroll solution that simplifies international employee payments in cryptocurrencies.
- Nwakaku Winner for Cross-Chain XTF (DeX Traded Fund) which aims to organize the world's cross-chain assets by creating the standard for cross-chain investment products.
Wild Card
First Prize
Richieart_ng for the Cross-Chain Staking Aggregator, a platform that allows users to stake assets from multiple blockchain networks under a single contract.
Second Prize
Oynozan for Cryptocurrency Debit Card Infrastructure, a more decentralized way to use cryptocurrencies in our daily life payments and broader payment support.
Third Prize Winners
- Eienel and West for Realm, a cross-chain bounty platform for content creators, using the IBC protocol to access rewards from multiple blockchains in their preferred currency.
- aarav1656 and Kaushal007 for IBC Lens (Data Visualizer for Celestia and Rollups using IBC) to create a real-time, transparent platform that provides verifiable insights into cross-chain interactions, enhancing trust and accessibility in the IBC ecosystem.
- Joseph for his HTTPi idea, an HTTPi protocol for secure, decentralized communication.
That’s a wrap! A big thank you to everyone who participated in this competition and made it a success. For the winners, expect the sponsor, the Interchain Foundation to get in touch with you for prize distribution.
The journey doesn’t end here. Stay connected with us and follow us on X to learn about future updates, announcements, and competitions.
