1. Would you like Khun O to explain about the SCB 10X hackathon project, why it is called “Blockathon”?
It is the Bangkok Blockathon event that we would like to invite developers to come together and create new products. using blockchain technology as the main driver So it’s a play on words between Blockchain and Hackathon. It came out as Blockathon and that’s all.
2. What is the main theme and concept of this year’s Blockathon?
is to preface that I remember last year. We asked a lot if this was a bear market yet. I think it was at the end of the year until the beginning of the year. We probably have no doubt that this is really a bear market 😢
But the interesting thing is If we look back, in fact, many DeFi products that have grown and still survive There are many people using it. All of them have been there since the last bear period.
Whether Uniswap comes during 2018
MakerDAO/DAI should be at the end of 2017.
AAVE came a long time before that (who catches up with ETHLend? 😂) But I just pivot myself into a lending pool at the end of the last bear/early bull round.
Therefore, I think this round is no different. I think there will be many products that will become de facto standard that will happen or start to develop during a quiet bear like this.
Now we came up with the question: So what should be the theme this year? We think that if the market becomes active again We will see many new users coming in and I think the use case will also change.
We think producing for the next 1 million or 10 million people coming into the blockchain/crypto world. We should not be able to see much.
But what product will meet the needs of The Next Billion User? unlearn/relearn What we see today is a lot.
So I think that the Blockchain for The Next Billion Users problem should be a challenging problem and it’s very fun to think about.
3. During Hack days (29 Apr – 5May), why did you choose to hold an event during this period?
At first I thought hard too. whether it is a good time
In fact, last year it was held only on one weekend.
But this year we organized it for 7 days because I felt that I wanted the participating teams to have time to meet. Have time to absorb ideas in the event before taking action.
In fact, our first 2 days, there will be speakers from various partners to speak and stay at the event to talk to the team as well.
If organizing on weekdays, I’m afraid that people will be stuck at work. Organized on a holiday, people may go on a trip.
But in the end, I think that organizing a holiday would make it more convenient for everyone to attend the event, listen to talks, and talk to everyone.
Our team has given their best. Let’s help organize this holiday as well. Because I want the work to be full Anyway, leave this blockathon event too 🙇 ♂️
4. P’O, so now the SCB 10x team is focusing on this event especially right?
Yes, all week.
5. Would you like P’O to tell me the advantages or benefits for the participants in this event?
Of course, first of all, the chance to win prizes worth more than 18,000 USD, about six hundred thousand baht.
Divided into 3 prizes 10,000 USD, 5,000 USD and 3,000 USD
The second story is connection & network that will be obtained from different teams. At present, we aim to have almost half of the teams flying to the event, and on the partner side, we have a large number of big partners who will fly to the event to talk directly to the team.
The third thing is, of course, experience. both from partners sharing with mentorship
There is a plus point that many partners are looking for teams that want to buidl after the event. There are also incubation, grants and investments that partners look for projects.
PS. Our partners include Nansen, Fireblocks, The Sandbox, dYdX Foundation, Alpha Finance, Hashed, Impossible Finance, Superfluid, Alchemy, Token Unlocks, Alles Labs, etc.
6. What are the requirements or requirements for participants of the Bangkok Blockathon 2023?
We have 4 criteria together.
1. Team composition – There must be at least one product/biz and one dev/technical member in a team, the rest is round about this team. How far can the product be developed?
2. Market potential – how much does the proposed idea meet the needs of The Next Billion Users?
3. Product innovativeness – Is the idea new and creative?
4. Business & technical feasibility – To what extent can the idea be executed?
However A little note that ideas can still be changed at the event because joining the blockathon has a lot of content with people to discuss and exchange ideas.
7. What is the method for determining the winner? Including what is the reward?
Yes, it’s easy to remember. The judging criteria is based on the application criteria. We remove team composition and add deliverables (products created during the event). How can it really be used?) with the presentation. Come in.
Prize money to match team representatives Then the team went to manage and divide them further.
P.S. Work done by the team. Considered the right of the team, SCB 10X does not reserve the right. The team can continue after work.
8. Do you expect Bangkok Blockathon to have any impact on the market?
Oh, I can’t claim that it will affect the market, haha. But I hope that we will see a product team from this event that lurks during the bear period and grows into a big product/protocol in bull next time
Until that point, don’t forget me too. Please stick with me.
9. Do you have a message that P.O would like to say to people who are hesitant to apply for the event?
is for me, to meet all the partners in this event in a way that he can sit and talk Sit and share views almost face to face. It’s very difficult. For many people, it may even be harder than getting rewards. Personally, I still want to meet and talk to all partners.
I personally think applying It may take a lot of labor to sign up and put in a blockathon, but with the opportunity to try out a product with these industry players, I think it’s very worth it.
In crypto language, we might say limited downside, unlimited upside, haha.
In any case, please leave the Bangkok Blockathon 2023 in your bosom. Applications closed this week.