Klaytn Foundation announces winners of Klaymakers22: winners walk away with over $1M

Klaytn Foundation, the non-profit overseeing growth of the Klaytn (KLAY/USD) ecosystem, has announced the winners of Klaymakers22, the blockchain's flagship Web3 hackathon. 19 managed to win awards during the hackathon. The 19 teams have been awarded over $1 million worth in prizes, sponsor bounty challenges, and grant and incubation opportunities.

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[PRESS RELEASE – Singapore, Singapore, 21st November 2022 Klaytn Foundation, the non-profit overseeing growth of the Klaytn ecosystem, has announced the inaugural winners of Klaymakers22, the blockchain's flagship web3 hackathon. 19 teams walked away with over US$1 million worth in prizes, sponsor bounty challenges, and grant and incubation opportunities.

Singapore, Singapore, 21st November, 2022, Chainwire Klaytn Foundation, the non-profit overseeing growth of the Klaytn ecosystem, has announced the inaugural winners of Klaymakers22, the blockchain's flagship web3 hackathon. 19 teams walked away with over US$1 million worth in prizes, sponsor bounty challenges, and grant and incubation opportunities.

Major cryptocurrencies were trading in green early on October 29 as the global crypto market cap jumped over $1 trillion from $979.72 billion on the previous day. The overall volume in DeFi was $4.00 billion, accounting for 4% of the total 24-hour volume in the crypto market.

Klaytn (KLAY) price has increased by 110% since Oct. 21 and broke out from a descending resistance line in the process. The post Klaytn (KLAY) Price Skyrockets – Is $0.30 Forthcoming?

KLAY's price shows strength as the price holds strong above the key support zone to avoid price retesting lower point on the daily chart. KLAY rejected to trend higher above $0.3 as the price faced a sharp rejection to a region of key Support of $0.2.

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An altcoin from the metaverse sector is skyrocketing following a new community proposal that will affect its tokenomics. Klaytn (KLAY) is a public enterprise blockchain focused on artists, non-fungible tokens (NFTs), gaming and entertainment.

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A recent report from the crypto analyst firm Messari highlights the incredibly rapid growth of Klaytn's enterprise-grade blockchain ecosystem, most notably in the DeFi and Gaming sectors. Within those segments, the star of the show is undoubtedly the newly-launched Klaytn Lending Application, better known as KLAP, which has come from nowhere to reach an impressive $32.15 million in total value locked.

Klex Finance has deployed its testnet ahead of an imminent mainnet launch. The testnet went live on August 2, with Klex Finance inviting community members to assist in putting the protocol through its paces.