Monday, October 20, 2025
No Result
View All Result
Ajoobz
Advertisement
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Ajoobz
No Result
View All Result

The Dark Side of Hackathons: Base’s Latest Controversy

3 days ago
in Crypto Updates
Reading Time: 3 mins read
0 0
A A
0
Home Crypto Updates
Share on FacebookShare on TwitterShare on E-Mail


The developer group has lengthy debated the true worth of hackathons. Throughout boards and social media, many have voiced considerations that these occasions are sometimes predatory by nature, function little greater than PR stunts, or exploit contributors through the use of their concepts and labor without spending a dime beneath the guise of “group constructing”.

From the CodeX hackathon providing lackluster rewards to winners, to Hack the Hill’s pupil charge hikes, to Salesforce’s pre-made challenge winner controversy all the way in which again in 2013, you would be hard-pressed to discover a hackathon occasion with out some type of controversy following swimsuit.

The newest hackathon that sparked outrage from the developer group was Coinbase’s Base “Onchain Summer season Awards” occasion that befell on September 2. It was a hackathon hosted to have fun essentially the most progressive, participating, and broadly used client mini-apps within the Base ecosystem.

Do you know?

Wish to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer movies each week!

What’s Odysee & LBRY? Is Decentralized YouTube Doable? (ANIMATED)

What is Odysee & LBRY? Is Decentralized YouTube Possible? (ANIMATED)
What is Odysee & LBRY? Is Decentralized YouTube Possible? (ANIMATED)

Over 500 developer groups competed for a $200,000 prize pool. The winners had been supposedly decided by on-chain engagement knowledge reflecting actual person exercise. Nonetheless, when the outcomes had been introduced on October 7, folks shortly began declaring some shady features surrounding the profitable tasks.

The X person Alanas (@alanonchain), a co-founder of Ogvio (a global cash switch service), started analyzing the profitable submissions. Whereas reviewing tasks within the High New Client Apps class, he seen one thing uncommon with regard to among the winners, calling out owatch (second place) and Opi Commerce (third place) particularly.

In keeping with his findings, each tasks gave the impression to be little greater than AI-generated one-pagers with little to no precise performance.

Additional investigation revealed that a few of these AI-generated shell tasks had been related to Coinbase staff. Coinbase is the corporate behind the Base community, who had been the organizers of the hackathon.

Employees won with AI shell projects: the Base hackathon controversy: Coinbase employee's LinkedIn experience.Alanas identified that the participant roster was stuffed with promising tasks that have already got merchandise deployed and operating. When evaluating these tasks with the winners of the hackathon, the rationale for the backlash turns into much more evident.

There may be actually no performance. <…> Does not matter what you press, none of it’s working.

Neighborhood members have been tagging the Base workforce within the replies to Alanas’ publish, demanding a proof, however as of penning this, Base has but to reply in any method.

Hackathons are sometimes marketed as these unimaginable alternatives to community, kickstart your thought, and probably obtain funding on your start-up. Nonetheless, this newest controversy involving Base has soured the area even additional, prompting the group to demand solutions from the organizers.

The Base hackathon controversy comes on the heels of Coinbase’s plans to listing BNB


BNB

$1,089.93

on its alternate – learn extra about it right here.



Source link

Tags: BasesControversyDarkHackathonsLatestside
Previous Post

Bitcoin Buzz Fades as Investors Demand Strategy, Not Hype

Next Post

Barnaby’s New Bill Targets Crypto Use in State Trust Funds

Related Posts

5x XRP ETF Filing Pushes Crypto Leverage Into Uncharted Territory
Crypto Updates

5x XRP ETF Filing Pushes Crypto Leverage Into Uncharted Territory

10 hours ago
Milk & Mocha Launch Gamified $HUGS Token Presale With Weekly Leaderboards and Burns
Crypto Updates

Milk & Mocha Launch Gamified $HUGS Token Presale With Weekly Leaderboards and Burns

14 hours ago
Tornado Cash Founder Raises Red Flag Over DOJ’s DeFi Crackdown
Crypto Updates

Tornado Cash Founder Raises Red Flag Over DOJ’s DeFi Crackdown

19 hours ago
Bitcoin Mining and Treasury Firms Falter Together as BTC Drops 4.6% on the Week
Crypto Updates

Bitcoin Mining and Treasury Firms Falter Together as BTC Drops 4.6% on the Week

1 day ago
Nexchain AI Prepares for Testnet 2.0 Launch as Token Presale Gains Momentum
Crypto Updates

Nexchain AI Prepares for Testnet 2.0 Launch as Token Presale Gains Momentum

2 days ago
Binance Expands Footprint In South Korea As France Ramps Up Crackdown
Crypto Updates

Binance Expands Footprint In South Korea As France Ramps Up Crackdown

2 days ago
Next Post
Barnaby’s New Bill Targets Crypto Use in State Trust Funds

Barnaby's New Bill Targets Crypto Use in State Trust Funds

Following New FSA Stablecoin Rules, Japan’s Banks Plan Yen Pegged Tokens

Following New FSA Stablecoin Rules, Japan’s Banks Plan Yen Pegged Tokens

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

[ccpw id="587"]
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Contact us
Contact us for business inquiries: cs@ajoobz.com

Copyright © 2023 Ajoobz.
Ajoobz is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Ajoobz.
Ajoobz is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In