EasyA x Polkadot hackathon startups compete in Y Combinator

0
31

currencyjournals – Gecko Sec, the “gigabrain” crew rising from the EasyA hackathon circuit, is headed to Silicon Valley incubator Y Combinator.

Gecko Sec helps Web3 builders write code securely with out the trouble of inefficient instruments or one-off safety assessments that rapidly change into irrelevant. The crew is especially targeted on supporting tasks that handle one in all Web3's largest challenges. The significance of safety audits within the trade is underscored by the truth that thousands and thousands of {dollars} are spent every month on safety checks alone.

Based in 2005, California-based Y Combinator has constructed a robust repute for serving to startups develop, with 9 of its firms resulting in Google (NASDAQ:) and 7 to Fb (NASDAQ:). has been acquired by.

Wanting again on their journey, Jeevan Juttra, who beforehand labored as a safety engineer at Binance, credited EasyA with serving to him make the leap from hackathon participant to Y Combinator-backed founder.

Artemiy Malyshou added: “What began with the EasyA hackathon ended up being backed by Y Combinator. A giant thanks to Phil and Dom for pushing us out of our consolation zone and getting us right here!”

EasyA is the start line for Web3 expertise. The corporate claims to have educated over 100,000 builders concerning the Polkadot ecosystem. On the EasyA x Polkadot hackathon in London, the app reportedly chosen over 400 builders to take part, resulting in the creation of 56 startups.

See also  Silk Street Bitcoin is again on the transfer: particulars

Following the London occasion, EasyA hosted its second Polkadot hackathon at Harvard College, the place over 300 builders launched 55 video games leveraging NFTs on Distinctive Community's parachain. The occasion featured a complete prize pool of $20,000 and featured a visitor look by INDY500 racer Conor Daly.

EasyA graduates are mentioned to have based startups valued at greater than $3 billion and secured funding from prime enterprise capital companies. Cognition AI, an organization based by EasyA hackathon winner Walden Yang, reached a $2 billion valuation in April. Walden initially proposed the concept for DALLE on the blockchain on the EasyA hackathon held at Harvard College in 2022.