Algorand Hackathon: Vietnam FAQs
Learn more about our first regional hackathon in Vietnam.
Learn more about our first regional hackathon in Vietnam.
Algorand Regional Hackathons are competitions aimed at expanding the Algorand startup ecosystem. For those looking to launch a crypto startup, these hackathons offer an ideal platform to demonstrate your capabilities while competing with other top-tier developers.
It's important to note that Algorand Hackathon: Vietnam is designed for developers and entrepreneurs. We built this hackathon for developers to gain deep technical knowledge and experience to build functioning solutions on Algorand and for entrepreneurs to find Algorand as the best blockchain technology for their business. Our goal is to support winning teams beyond the product development phase and give them priority access to participate in incubation and acceleration programs that we will be launching.
Yes! Please register here when you decide you would like to take part. Registration will provide access to the workshop sessions, team formation information, and exclusive Office Hours with world-class Algorand developers and Web3 pros. If you’re on a team, you will still need to register as an individual in order to be eligible for the prizes. You don’t need to include any of your project details at this time. After you register, we will send you information via email on how to submit your project.
The competition will be held both online and offline.
Algorand Hackathon: Vietnam focuses on supporting new initiatives that have not yet secured external funding. To qualify for the hackathon, projects should not have initiated their development process more than six months prior to the hackathon's starting date. However, if you have previously developed, are in the process of developing, or have garnered venture investment for a different Algorand-based project, you remain eligible to participate and claim victory. Participants must indicate in the application form whether their project incorporates any pre-existing code. Teams are also obliged to disclose all pertinent details about such work.
Please note that the term "pre-existing code" does not include open-source code authored by third parties. We encourage participants to integrate existing Algorand protocols and other open-source resources into their projects.
You don't need to be a developer to join. If your strengths lie in Marketing, Business Development, Design, and similar areas, many technical creators are looking for business-savvy partners.
Finding technical co-founders who complement your skills is crucial, though. Algorand hackathons demand that teams quickly progress through development while also crafting a business strategy, making both business acumen and engineering skills vital for success in this competition.
Once you have registered, we will share information via email about how to form a team, find a team to join, or find other participants to join your team.
A technical challenge in a hackathon is like a fun puzzle for participants to solve using their technical skills. It’s a specific task or problem where teams brainstorm, code, and build something cool—like an app or a tool—within a set time. These challenges are designed to spark creativity and test how well you can think on your feet while working with different technologies.
The challenges often focus on real-world problems or exciting new tech trends, allowing participants to show off their skills, learn new things, and create something amazing.
In addition to the various prizes, a select few projects will be invited to join the next Algorand Incubator cohort. The Algorand Incubator is an eight-week program designed to help you validate your ideas and prepare your team for rapid scaling.
We offer dedicated support to the most promising projects in the areas of team formation, ideation, and product-market fit.
We will provide mentorship, tools, training, and networking opportunities to help you achieve your entrepreneurship goals and dreams.
The hackathon is scored out of 100 and judged on the following criteria:
Evaluation |
What we’re looking for |
Points |
Functioning MVP |
The project should showcase strong Algorand protocol implementation, utilizing features such as Algorand Standard Assets (ASAs) for tokenization or Atomic Transfers for secure, seamless multi-party transactions. The project should also prioritize providing an intuitive and seamless user experience. Good UX design and interface can enhance user adoption and engagement. The project should consider the needs and preferences of its target users and demonstrate a clear understanding of their pain points. |
40 |
The Team |
A strong team that can demonstrate the ability to work effectively with complementary skills. |
30 |
Product Market Fit |
Winning projects should demonstrate potential for adoption and market impact. They should have a clear understanding of their target audience, the competitive landscape, and how they differentiate themselves. Consideration of business models, revenue generation, and the project's potential to attract users or customers can be influential. |
20 |
Pitch and presentation |
A well-prepared and compelling pitch or presentation is essential to showcase the project's value proposition, market potential, and technical capabilities. The team should be able to articulate their project clearly, concisely, and convincingly to the judges. |
10 |
During the final hackathon event we will share the challenges and participants will have a limited time to solve them. To submit your solution to one of the technical challenges, you only have to make a pull request to the challenge repository.
Our live ideas sheet: This will be a live sheet and updated regularly.
Beginner and Intermediate Developer Bootcamps: A good place to get warmed up for the hackathon, get a refresher on blockchain concepts, and meet the Algorand community
The best place to ask questions is on Discord, the specific channel relating to your query. Once you sign up, you can also schedule some time during DevRel Office Hours, where you can ask for complex products and build advice on your hackathon project.