Neo, Bitget, IOSG and others jointly launched the Neo X Grind hackathon, providing $22 million in incubation support

Neo announced that it has partnered with IOSG Kickstarter, Web3Labs, Foresight Ventures, and Bitget to launch the Neo X Grind hackathon. The hackathon will be held on Neo's EVM-compatible sidechain Neo X, offering a $70,000 prize pool. Winning projects will have the opportunity to participate in multiple incubation programs, receive $22 million in funding and investment, and fast track access to exchanges. The Neo X Grind hackathon includes tracks such as artificial intelligence (AI), decentralized physical infrastructure network (DePIN), infrastructure, decentralized finance (DeFi), SocialFi, real world assets (RWA), games, and meme-related infrastructure. It started on October 30 and will last until December 2. All participating projects must deploy smart contracts on the Neo X mainnet before the deadline. After that, there will be a two-week review and community voting. The list of winners will be announced on December 16.