EasyA is revolutionizing the hackathon scene by focusing on diversity and impact, rather than just quick prize money. Its inclusive approach has led to over $3 billion in funding for its companies, with a mobile app that has reached over a million users worldwide.
EasyA is looking for more than just “bounty hunters” at its upcoming hackathons at Consensus Hong Kong and Toronto. The start-up wants to attract developers who are interested in building companies that can have a significant impact on Web3.
Attracting the Right Kind of Competitors
Many participants in industry hackathons are only looking for quick prize money, but EasyA is focused on finding founders who want to start their own companies. The company’s co-founders, Dominic and Phil Kwok, believe that this approach has been successful, with the companies coming out of EasyA’s app community and monthly in-person hackathons having raised over $3 billion from top VC firms.
EasyA’s Approach to Hackathons
EasyA’s hackathons are designed to be single-chain events, where participants focus on one piece of technology and launch their projects on that chain. This approach allows developers to build on the best ecosystems that have the most support for them. The company also has a mobile app that helps developers easily start building their own Web3 projects, with over a million users worldwide.
Consensus Hong Kong: A Unique Opportunity
The Consensus hackathon in Hong Kong is expected to be one of the largest events of its kind, with hundreds of participants from around the world. The Kwoks believe that the event will be different from other hackathons due to its scale and the diversity of its participants.
Geographical and Thematic Differences
Phil Kwok notes that there are geographical differences in the types of projects that developers pursue in Asia versus other parts of the world. In Asia, developers are more interested in cross-border payment solutions, while in other regions, they may be more focused on AI x Web3 or virtuals.
The Impact of Donald Trump’s Presidency
Phil Kwok also believes that Donald Trump’s presidency has had an impact on the types of projects that developers build. He notes that DeFi has become more popular due to the lack of access to decentralized apps in the US during Trump’s presidency.
EasyA’s Keynote at Consensus Hong Kong
Dominic and Phil Kwok will be speaking at Consensus Hong Kong about why it is hard for Web3 ecosystems to attract developers. They will also share their tips on how to attract developers more easily and at a bigger scale, including making several big tech upgrades that will allow developers to build more easily on-chain.
