$RWA Hackathon: $1M Worth of Investment, Instant $1000 Up for Grab for WEB3 Developers

Xend Finance has announced that Web3 Developers have a chance to raise up to 1 Million dollars in investment from its company and partners when they participate in the $RWA Hackathon. 

According to the organizers of the hackathon, $RWA stands for Real-Word Asset and the star prize winner will clinch an instant $1000 in Cash while the first and second runners-up will get $750 and $500 respectively and the other seven contestants will each get $100. Also, the top ten solutions will be shortlisted to pitch during the #StartupSouth9 Conference in Port Harcourt, Nigeria on October 3, 2024.

In a statement, Ugochukwu Aronu, the Founder of Xend Finance said ‘the Hackathon will give innovators the opportunity to take Xend Finance’s latest cutting edge platform for a spin.’ This comes on the heels of the first Hackathon that produced Lazerpay. 

Speaking on the collaboration, the Convener of #StartupSouth, Uche Aniche said “We are excited to be providing a platform to launch this innovative and groundbreaking solution built by Xend Finance. We look forward to celebrating and supporting the products that will emerge from the Hackathon”.