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Mantle (MNT) kicks off 5-month global hackathon with $150K in rewards
Blockchain network Mantle has officially opened its first-ever global hackathon, inviting creators and developers to build innovative blockchain solutions in a five-month online competition.
The event has started today, October 22, and will run until February 7 next year, and offers up to $150,000 in incentives to winning projects.
The hackathon is open to all enthusiasts globally, with renowned developer ecosystems HackQuest and OpenBuild offering tools, exposure to new projects, and mentorship.
The event offers builders an opportunity to create practical innovations, and not hype-driven trends.
Building to solve real-world problems
Mantle has highlighted what it expects from participants of its hackathon: relevant products that tackle real user issues.
Meanwhile, the evaluation procedure will prioritize five primary pillars, including scalability, product design, technical execution, Mante integration, and market potential.
The Mantle team emphasized that successful entries should focus on market utility and not flashy demos.
Indeed, this hackathon is a platform for serious builders and not short-term speculators. They said:
Meanwhile, participants have adequate time to design and shape their innovative projects.
Registration and building start this month, with the winner announcement scheduled for February.
Creators have the time to plan, test, and polish ideas before presenting their projects to the broader cryptocurrency community and judges.
For context, the hackathon boasts a diverse judging panel comprising renowned figures in the blockchain world.
The comprehensive list includes 0x Todd, Trustless State, Notaciccap, and multiple others with experience spanning venture capital, DeFi innovation, and product development.
The massive judging team adds credibility to the event.
Moreover, their experience signals high expectations as the panel boasts expertise in evaluating projects with real-world impact and creative innovations.
Mantle and Bybit prioritize real-world solutions
The five-month hackathon coincides with Mantle’s current alliance with centralized exchange Bybit, aimed at merging liquidity providers, real-world assets, and developers.
The duo seeks to democratize the trillion-dollar industry of on-chain finance.
The initiative reflects Mantle’s mission to expand beyond a blockchain network and create an international developer community to accelerate financial innovation.
MNT price outlook
Mantle’s native token mirrored broader sentiments today.
MNT lost nearly 10% of its value over the past 24 hours to $1.64.
The faded daily trading volumes indicate trader disinterest in the tokens, as bears rattle the cryptocurrency landscape.
The value of all digital tokens plunged by 5% the past 24 hours to $3.65 trillion due to factors like tariff tensions.
Nevertheless, analysts remain confident, predicting massive rebounds in Q4 and into 2026.
Meanwhile, the ongoing hackathon could boost MNT’s utility and volumes in the coming times, which could catalyze stable price performances.
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