Neo cites fierce competition for $500k in prizes at its business incubation Polaris Launchpad Hackathon,??? ? ?? submittals due on May 9.

[Singapore, April 26, 2022] – Following the judge panel awarding multiplier rewards to early bird teams competing in Neo’s Polaris Launchpad Hackathon phase, interest in the event has climbed, with over 400 developers already joining to launch their projects on Neo’s N3 across Metaverse and NFTs, DeFi, DAOs, and more.

In Neo’s first Launchpad Hackathon of 2022,? it seeks to find unique talent and foster business ideas to enrich Neo’s N3 ecosystem, draw more end-users to Neo, and increase the NEO token utility. The teams compete not just for $500k in prizes but also for ongoing business incubation support and the potential to tap into $200m in Neo’s EcoBoost grant resources.

“Our first Launchpad Hackathon of the year is already proving to be far beyond my initial expectations. I am thrilled to see so many talented, creative developers seeking to launch their businesses on Neo’s N3. Being close to all participating teams, I get to see them develop and grow as Web3 leaders. I’m bullish about their potential and am eager to see what the next couple of years will bring, not just for Neo but for the entire crypto space. With so much talent and potential emerging, I see a very bright future ahead for our industry,” said John Wang, Head of Neo Eco-Growth and one of Launchpad’s community mentors.

A hackathon like no other

With Polaris Launchpad, unlike most hackathons, Neo is going far beyond simply rewarding developers for improving and debugging their protocol. The Polaris Launchpad aims to be the North Star leading developers in bringing ideas into life and giving their projects a home within the Neo’s N3 ecosystem. Neo’s N3 is like no other protocol–interoperable with numerous programming languages it offers a choice between C#, Python, Java, and Go and is ready to implement dApp solutions such as Neo native oracles or decentralized file storage.?