EOS Global Hackathon Awards $500k USD To Winner GeneOS

News | December 8, 2018 By:

Block.one, publisher of the EOSIO blockchain protocol, has awarded $500k USD to GeneOS, the winner of its EOS Global Hackathon series. The grand finale to the series was staged in Cape Town, South Africa.

GeneOS is a blockchain-enabled data ownership, marketplace, and secure computing platform for genomic big data.

“Almost all of our DNA – 99.99% – is still not well understood. Our goal is to help humanity understand DNA to cure diseases,” said GeneOS’s Albert Chen. “The first obstacle is that people aren’t incentivized to sequence their genome. It’s too expensive and there are privacy concerns. People are scared about losing their data. We address these concerns using blockchain.”

GeneOS qualified for the finale after taking home the “Best Social Impact Prize” and US$3,000 at the London hackathon in September. A global foursome that formed at the UK event, the team is based in London, Italy, the United States and Hong Kong.

The prize was awarded after an intense Incubation Week and a Demo Day that involved pitching to a panel of global industry-leading judges from a variety of sectors.

“I’ve been blown away by the progress the teams have made across the hackathons and this week,” said Block.one president Rob Jesudason. “I congratulate GeneOS and all the participants in our hackathon series. We’re proud to have them as ambassadors for EOSIO.”

The Grand Finale featured 19 teams from around the world – all prize-winners at previous events in the hackathon series.

EOS Global Hackathon – Grand Finale Judges

  • Rob Jesudason, Block.one President

  • Dan Larimer, Block.one Chief Technology Officer

  • Nichole Yembra, CFO of Venture Garden Group

  • Titi Odunfa Adeoye, Founder and Managing Director of Sankore Investments

  • Alan Cloete, Former CEO of Deutche Bank Asia

  • Mark Levitt, CEO of Trixta, Former Co-Founder of Gyft.com

  • Chris Folayan, CEO and Founder of Mall for Africa

  • James Hedley, Founder and Director of Quicket

The Grand Finale in Cape Town is the culmination of Block.one’s EOS Global Hackathon series, which has been held in five continents around the world this year starting in June. It involved a total of 1,724 participants.

Host cities of previous hackathon events included: Hong Kong, Sydney, London and San Francisco. Each hackathon event featured a unique challenge for developers to “hack” by designing a blockchain application with real-world utility using EOSIO code. In addition, an Africa virtual hackathon was hosted to engage with the African EOS Community.

Block.one’s EOS VC business unit has awarded US$1.5 million in prizes over the course of the hackathon series.