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Cryptocurrency News Articles
VeChain Hackathon Crowns Meatless and EcoNex as Sustainability Champions
Mar 22, 2024 at 09:07 pm
VeChain's hackathon at the University of Cambridge crowned Meatless and EcoNex as sustainability champions. The event, supported by BCG and EasyA, aimed to boost the VeBetterDAO, a sustainable ecosystem rewarding positive environmental impact with the B3TR token.
VeChain Hackathon: Meatless and EcoNex Emerge Victorious
VeChain, a prominent enterprise-grade L1 public blockchain, recently hosted a hackathon at the University of Cambridge. The event, co-hosted with Web3 educational mobile app EasyA and supported by global consulting firm Boston Consulting Group (BCG), aimed to foster the growth of the VeBetterDAO.
What's the VeBetterDAO?
The VeBetterDAO is a VeChain-powered sustainable ecosystem that incentivizes enterprises and individuals with the B3TR token for positive environmental impact.
Who Were the Winners?
Two standout projects emerged from the hackathon: Meatless and EcoNex.
Meatless: Incentivizing Sustainable Food Choices
Meatless aims to reduce unsustainable food production by rewarding users with B3TR for making eco-conscious food choices. By subsidizing sustainable products indirectly, Meatless empowers sponsors to make a tangible impact.
EcoNex: Promoting Eco-Friendly Commuting
EcoNex rewards users with B3TR for opting for environmentally friendly commuting options. By incentivizing sustainable transportation, EcoNex seeks to alleviate urban congestion and its associated negative effects, such as excessive fuel consumption and carbon emissions.
How Will These Projects Impact VeChain?
The crypto community is buzzing about the potential of Meatless and EcoNex within the VeChain ecosystem. While their impact on VET, VeChain's native token, is yet to be determined, their development and adoption will undoubtedly shape the future of the platform.
Additional Insights
- The hackathon judges included Dr. Bernhard Kronfellner, Partner and co-lead of the digital asset and blockchain group at BCG, and Mark Miller, CEO & Co-Founder of Manta Ray EV.
- Participants were evaluated on their ability to address X-2-Earn sustainability applications leveraging the B3TR token.
- Winners received a portion of $30,000 in prize money and access to additional funding opportunities.
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