Solana Hackathon Highlights Social Marketplaces, PoW Mining

The Solana Renaissance Hackathon showcased innovative projects from developers across the world in gaming, DePINs, DAOs, and infrastructure.

Renaissance style man staring at the glowing solana in the sky, golding a balloon.
Created by Kornelija Poderskytė from DailyCoin
  • The Solana Renaissance Hackathon highlighted innovative projects.
  • The event attracted 8,300 participants from over 95 countries.
  • The winning projects include gaming, DeFi, DAOs, and decentralized networks. 

The Solana Network is attracting global attention as a hub for Web3 innovation. Thanks to its performance and a growing interest in its ecosystem, it provides a fertile ground for decentralized application (dApp) development.

This was evident at the recent Solana Renaissance Hackathon, which saw over 8,300 participants from 95 countries submit over 1,000 projects. 

Ore Wins First Place, Wins Consumer Apps 

On Monday, May 6, the Solana Foundation unveiled the winners of the Renaissance Hackathon. The event attracted over 8,300 participants who submitted more than 1,000 projects. The winners spanned multiple tracks, including decentralized technology in gaming, DeFi, DAOs, and more. 


Ore emerged as the hackathon’s grand champion, winning $50,000 USDC and tickets to Breakpoint 2024. This project introduces a new proof-of-work (PoW) digital currency that can be mined using a unique algorithm on the Solana blockchain. It aims to revive PoW in a decentralized way while leveraging Solana’s infrastructure for scalability and efficiency.

In the consumer app segment, the winner was, which enables creators to monetize their social media presence in a marketplace for trading tweets. Second place went to the Wootz Browser, which rewards users for contributing to generative AI. In particular, the browser pays users to help refine machine learning algorithms. 

Winners in Solana Gaming, Crypto Infrastructure 

In the crypto infrastructure tracks, the winner was High TPS, a Solana client. The app improves transaction throughput by optimizing scheduling and pipeline processes on the Solana blockchain, enhancing the network’s capacity for greater scalability and better rewards.


In the crypto gaming segment, the winners were Meshmap and City Champ. City Champ is a 3D mapping network integrated into a game that enables players to create 3D scans of cities in exchange for rewards, incentivizing crowdsourced data collection.

In DeFi and payments, the winner was Urani, an aggregator that protects users against malicious Miner Extractable Value (MEV), which can distort DeFi transactions. It integrates protection directly at the application layer.

The diverse projects from this hackathon underscore the breadth of solutions developers build in the Solana ecosystem.

On the Flipside

  • Solana has seen notable growth in its DeFi ecosystem, leading some analysts to predict SOL may take third place among cryptos. 
  • Because of its rapid growth, Solana has been battling network congestion, leading to high rates of transaction failures. 

Why This Matters

The Solana Renaissance Hackathon highlights the potential of decentralized technologies. It showcases innovation across tracks like DeFi, gaming, consumer apps, and DAOs, showing how decentralized apps can address real-world challenges.

Read more about Solana’s potential to become the third-largest crypto asset: 
Here’s How Solana Can Outpace BNB and USDT: Franklin Templeton

Read more about the Cartier-crypto connection: 
Cartier Heir Caught Laundering Crypto In 100KG Cocaine Bust

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

David Marsanic

David Marsanic is a journalist for DailyCoin who covers the intersection of crypto, traditional finance, and government. He focuses on institutionalized crypto entities like major cryptocurrency exchanges and Solana, breaking down complex topics into easy-to-understand writing. David's prior experience as a business journalist at various crypto and traditional news sites has enabled him to maintain a critical approach to news while adhering to high journalistic integrity standards.