Solana Graveyard Hackathon Launches: $75K to Resurrect Forgotten Crypto Sectors Like NFTs and Gaming
Picture this: crypto's in the dumps, Solana trading near $80 after a brutal sell-off, and everyone’s calling NFTs, gaming, and DAOs ancient history. Then Solana hits X with a video of zombie projects rising from graves, announcing the Graveyard Hackathon. It kicked off yesterday, dangling $75,000 in prizes to builders willing to dig up these sectors on Solana. Perfect timing in a bear market—low competition, high rewards.
The premise is bold: crypto elites abandoned art, onchain social, ticketing, loyalty programs, metaverses, DeSci, and migrations. Solana says now's the moment to strike. Hacking runs through February 27, submissions due that day, winners crowned March 5. Sign up at solana.com/graveyard-hack. Prizes split smartly: $30K overall from Solana Foundation—$15K first, $10K second, $5K third. Then $45K bounties across 10 tracks. Migrations leads with $7K from Sunrise DeFi for bridging dead protocols. Gaming gets $5K from Magicblock for financialized titles. Art, social, ticketing, DAOs each $5K from ExchangeArt, Tapestry, KYD Labs, Realms. Smaller pots for metaverse ($3.5K Portals), NFTs ($2.5K DRiP), loyalty ($1K Torque), DeSci ($1K BIO). Projects need Solana builds, demos, GitHub repos, 3-minute videos. Teams of 1-5 only. Community's fired up. Solana's announcement racked up thousands of views, likes, reposts amid the downturn. Devs see it as prime real estate—build now, dominate later. Magicblock's gaming push alone promises onchain games that could redefine play-to-earn.
This isn't just prizes; it's a lifeline for Solana's ecosystem. Bear markets crush hype-driven sectors, but hackathons pull in talent when prices tank. Expect fresh NFT tools, DAO governance upgrades, true onchain social apps— all battle-tested on Solana's speed. SOL's holding $75 support amid leverage unwinds, but dev momentum could stabilize sentiment. Revived projects might spark mini-rallies in forgotten tokens, draw migrations from dying chains. In a risk-off world, Solana's betting on builders over traders.
Graveyard Hackathon flips the script: downturns breed opportunity. If you're a dev eyeing low-hanging fruit, jump in before the crowd returns. Solana's proving resilient, fostering innovation when others fold. Watch for winners March 5—they could ignite the next wave. Sources: @solana, solana.com/graveyard-hack, @magicblock, @ExchangeArt, @drip_haus, @usetapestry, @KYDLabs, @RealmsDAOs, @Sunrise_DeFi and other track sponsors.