Chainlink Labs has announced winners in six categories, each working on solving a specific task in the Web3 world.
They revealed the top prize of $25,000 to Unwallet.me, a special crypto wallet that doesn't need a seed and doesn't require gas. This wallet can connect to different blockchains using a single domain name. Unwallet.me works with various cryptocurrencies on different networks, thanks to Chainlink Price Feeds oracles.
In the "DeFi and Payments" category, Azurance won the first prize of $15,000. Azurance is a place where developers can create or use customized insurance contracts, making it an on-chain insurance market.
Another $15,000 went to XTF, a decentralized cross-chain ETF platform, in the "Cross-Chain Solutions" category. XTF's solution allows users to exchange their ETF tokens and get back the actual assets stored in those vaults. Overall, Chainlink Labs gave out over $500,000 to nearly 40 participants.
The next Constellation hackathon is planned for spring 2024, but the exact dates are not known yet. Constellation hackathons, launched in October, focus on projects using at least one Chainlink service that brings a change to a blockchain. It's important to note that just reading data from Chainlink Data Feeds doesn't count for a Chainlink core prize, as highlighted by Chainlink Labs.
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