On August 5th, Japan’s first Web3 Hackathon, the event details of “Tokyo Web3 Summer Hackathon (TWSH)”, was officially announced.
“Tokyo Web3 Summer Hackathon (TWSH)” is initiated by Cryptogram Venture (CGV) and supported by experts from institutions such as the Ministry of Education, Culture, Sports, Science and Technology (MEXT), Keio University, Sony, Softbank, Asia Blockchain Gaming Alliance (ABGA), Cointelegraph Japan (CTJ). It will be “Japan-based and global-oriented”, give full play to Japan’s unique “industry-government-academia” cooperation and innovation mechanism to discover, support, and help outstanding talents and teams in the Web3 field and explore the application potential of the Web3 on a global scale, to help teams and projects start smoothly and achieve sustainable growth and development.
Since the launch of the “TWSH”, dozens of industry organizations such as IOSG, BAI capital, HashKey, Metis, Achemypay, etc. have joined as supporting organizations and judging committee members. Additionally, nearly 100 projects have been registered.
According to the arrangement and setting of the organizing committee of “TWSH”, the event details of this hackathon are as follows:
1.Schedule
- July 26 — August 26: Project registration;
- August 27 — September 16: Project pre-selection, excellent project roadshow, and NFT theme exhibition and other related activities
- September 17 — September 26: Organize centralized evaluation of projects and announce the results of the awards;
- End of September: Offline award ceremony in Japan.
(Follow @CGVFof on Twitter for updates.)
2. Participants
Traditional Internet developers and blockchain developers who are interested in Web3, developers, engineers, product managers, and UI designers with innovative and creative abilities.
3. Key fields
“TWSH” welcomes projects from any public chain/ecological team to submit projects. The key fields of the competition include:
- Web3 protocol and infrastructure (L1/L2/cross-chain bridge, storage/identity/communication/auditing, etc.);
- Metaverse (virtual land, scenario development, platform construction, content production, virtual humans, etc.);
- NFTs (new standard protocols, issuance platforms, liquidity infrastructure, blue-chip assets, etc.);
- Games (innovative games, basic development layers, issuance platforms, guilds, etc.);
- DAOs (basic tools, asset management platforms, collection/self-service, guild governance), etc.
4. Resource support
- Bonus sponsorship. The winning projects will share a total prize pool of $150,00: 1 champion (20,000 USDT); 2 runners-up (10,000 USDT each); 6 second runners-up (5,000 USDT each), as well as several regional awards, category awards, and ecological sponsorship awards.
- Project investment and entrepreneurial guidance. Outstanding projects have the chance to receive a total of $1 million from the incubator funding, as well as start-up guidance from top global VC institutions.
- Connect developers with partner resources. The project can establish contacts with more BUIDLer and Web3 organizations, exchange with and learn from them, and explore more cooperation opportunities.
- Project exposure and brand awareness enhancement. The projects will gain more popularity through Japan’s first Web3 Hackathon; the winning projects will have the opportunity to receive PR support and media interviews provided by CGV.
5. Scoring criteria
- **Application for institutional cooperation (event support, project investment, media cooperation, etc.): **Yurinatyou@cgv.fund
- **Website for project registration: **https://www.web3hackathon.io/
About Cryptogram Venture (CGV)
Cryptogram Venture (CGV) is a Japan-based research and investment institution engaged in crypto. With the business philosophy of “research-driven investment”, it has participated in early investments in FTX, Republic, CasperLabs, AlchemyPay, Graph, Bitkeep, Pocket, and Powerpool, as well as the Japanese government-regulated yen stablecoin JPYW, SONY Tokyo Tower, Metaverse REDO, etc. Meanwhile, CGV FoF is the limited partner of Huobi venture, Rocktree capital, Kirin fund, etc. Currently, CGV has branches in Singapore, Canada, and China.