At ReFi Medellín, our mission has always been to intertwine the threads of web3 with sustainability, community, and positive impact. And what better way to catalyze this mission than through the dynamic platform of a hackathon?
If you’ve been following our journey, you know this had been in the works for a while... 👇
Hacking Regenerative Finance in Colombia
We were excited to sponsor the Web3 Colombia Hackathon on December 2-3, organized by the amazing EthColombia team, with our involvement made largely possible thanks to Prezenti Grants. 🚀
The hackathon was a hybrid event held in Bogotá, with hackers connecting from all over the country and even setting up physical hacking hubs in Medellín and Cali.
With its rich biodiversity, massive agricultural sector, and pressing social inequalities, Colombia presents a powerful potential for regenerative finance. Naturally, our goal for the hackathon was to introduce this potential to the next generation of builders in the country.
We welcomed hackers, mentors, and web3 enthusiasts, and, setting up the ReFi track, we really saw a great confluence of passion, innovation, and curiosity for positive impact.
ReFi Track Winners
Out of the 13 participating teams, we are grateful to the eight innovative projects that submitted an entry to our ReFi track, representing a total of 39 talented builders! The requirement was to build on the Celo chain and incorporate a positive impact element.
These were the winners:
🥇 First Place: Green World DAO
Prize: 400 $cUSD + 100 $uWatts + English Courses
GreenWorldDAO addresses the challenge of expensive eco-friendly products. By creating a Decentralized Autonomous Organization (DAO), it aims to incentivize the adoption and use of sustainable products. This initiative empowers the community to support and vote for eco-friendly projects, enhancing environmental initiatives.
🥈 Second Place (TIE): Kiwi & GreenGate
Prize: 200 $cUSD + 50 $uWatts + English Courses
As a decentralized financial protocol, Kiwi focuses on inclusivity and social responsibility. Its mission is to democratize credit access, offering loans to individuals across all socioeconomic backgrounds without any discrimination or bias.
GreenGate, on the other hand, combines a deep understanding of environmental challenges with a commitment to ecological preservation. Leveraging blockchain technology and NFTs, it aims to provide access to natural parks while contributing to their conservation.
🥉 Third Place: TrainYourAI
Prize: 100 $cUSD + 25 $uWatts + English Courses
TrainYourAI is a pioneering application that transforms crop optimization. It equips farmers and agricultural professionals with tools to boost efficiency and sustainable yields, showcasing the innovative intersection of AI and blockchain in agriculture.
Congratulations again to all the winners for their contributions and innovative solutions in the realm of ReFi!
Let’s Keep Building!
Sponsoring a hackathon was also a big learning experience for our team at ReFi Medellín. We participated as mentors, collaborators, and judges and really identified the importance of physical & digital spaces for collective imagination of innovation for good. 🍃
It’s no secret that hackathons with a ReFi focus have been quite rare, yet we see them as important catalysts for propelling real-world progress in the space. That’s why we’re eager to explore events like these further, both in organizing and collaborating roles!
We're excited about what lies ahead and are excited to be at the forefront of regeneration and innovation with the ReFi community. Join our journey by saying hello in our Telegram group or by following us on Twitter.
