As a part of Harmony’s involvement with ethRio, we sponsored the Hackathon. Our goal was to get to know an environment like Rio de Janeiro, a city with a huge potential to generate high-value business ideas, provided the necessary space and prizes to boost the innovation & culture. The hackathon took place in Fabrica de Startups and hosted more than 20 teams that built their projects during 2 days of intense development. At the end–and consistent with an environment like Brazil–more than half of the projects were focused on social aid projects. One of the priorities and values that core to Harmony’s team.

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The Harmony team was present every day of the event providing technical support and business mentoring as well as support. Additionally, we also participated as judges for the general hackathon prizes and for those who decided to deploy their apps using Harmony infrastructure. In this opportunity more than nine teams participated in our track with five of them receiving prizes also from the overall hackathon track.

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Of all the winners, Obvious (and on ramp platform for Harmony in Brazil) and ITHereum (a multisig solution for DEXs) were among the general Hackathon winners, and both developed a full functional proof of concept. Other winners include Impacto, Socialcrypto.DAO and Kreative DAO, two exciting DAOs that are looking to introduce creators and builders from some of the more underprivileged zones in the city into Web3.

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We want to thank all the teams for their participation and invite them to participate in the following events, as well as follow us on networks (especially in our Forum) to be able to put their ideas into action, supported by the great community that is Harmony. We are very proud to have such a high level of participation.

Muito Obrigado Rio!