Web3 Hackathon

Event Overview: The Blockchain Hackathon at Tantrafiesta, hosted by IIIT Nagpur and powered by the Bhaisaaab community, aims to ignite a culture of decentralized innovation. Participants will dive into the EVM ecosystem, experiment with smart contracts, and build prototypes that tackle real-world challenges in DeFi, RWA, DeFAI, interoperability, and beyond. This is not just about coding — it’s about reimagining how trust, transparency, and collaboration work in the digital age. What We're Looking For: We invite teams to envision and prototype bold ideas that showcase the transformative potential of blockchain. Whether it’s rethinking finance with DeFi, bridging traditional assets with on-chain systems (RWA), exploring AI + blockchain synergies (DeFAI), or solving interoperability challenges, your mission is to develop a working solution that combines innovation, feasibility, and real-world impact. Stay Connected All participants are encouraged to join our official Telegram Channel [ https://t.me/tantrafiesta25web3 ] for real-time updates, announcements, and networking with fellow builders. Event Structure: Round 1: Preliminary Round: Requirements: Letter of Intent (LOI): Must follow the provided format (sample template + example will be shared). Teams should clearly mention their chosen track (e.g., DeFi, Interoperability, RWA, DeFAI) and outline their motivation, vision, and problem statement. Evaluation Criteria: Alignment of idea with chosen track. Originality and clarity in LOI. Real-world applicability. Timeline: 3 Oct 2025, 12:00 PM – 7 Oct 2025, 10:00 PM Round 2: Final Round: Requirements: Frontend/web app or dashboard for user interaction. Teams must stick to the track they proposed in Round 1 (DeFi, Interoperability, RWA, DeFAI,etc). Deliverables: Deployed contracts on an EVM testnet (with verified addresses). Final pitch deck/presentation summarizing problem, solution, and demo. Basic frontend. Phases: Hacking Period: 24 hours continuous development. Demo & Pitch: 5–7 mins presentation before judges. Timeline: 10 Oct 2025, 12:00 PM – 11 Oct 2025, 12:00 PM  Evaluation Rules & Guidelines Winner Selection Criteria: Innovation & Creativity Technical Implementation Real-World Use Cases Disqualification Criteria: Use of pre-built/old projects. Plagiarism or copied code. Misconduct or rule violation. Selection for Next Round: Based on innovation, originality, and practical applicability.  Eligibility criteria: Open to all. Participants can register individually or in teams with at most 4 members.  Cross-specialization and cross-college teams are allowed(optional). A student can be a part of only one team.  Any deviation from the above-mentioned guidelines will result in the immediate disqualification of the entire team. General Rules & Guidelines The conducting team has full authority to manage the event, enforce rules, and maintain decorum. Participants must report issues to designated representatives at the venue. A supervision team will oversee all activities. Plagiarism or use of pre-existing plans will lead to disqualification. Judges’ decisions regarding winners and feedback will be final.