Filecoin Organizes Hackathon and Conference to Spark Talks on Decentralization and Blockchain Technology – TechEconomy.ng

COVID 19 is having a visible impact on the traditional way of life around the world. While remote working and virtual events are part of the restructuring, it also paved the way for stronger conversations around decentralization and blockchain technology, as Web3 and NFT are among the hottest discussions.

This conversation is more visible in developed countries as they embrace this development with open hands. Nigeria, on the other hand, has been slow to capitalize on this trend compared to other countries, further underscoring the need for strategic avenues to discuss and provide insights into the immense benefits and opportunities that Web3 and blockchain technology offer to Nigeria’s thriving economy.

Filecoin, the world’s largest decentralized network provider, partnered with Ethereum Nigeria to organize the first-ever networking conference on Nigeria ‘The FileCoin Conference’ which took place from Thursday March 31st to Saturday April 2nd at Zone Tech Gbagada in Lagos Nigeria to kick off conversations on blockchain and decentralization.

Paying attention to details – hackathon

When asked about the initiatives and key objectives of the conference Chukwuemeka Enoch Mbaebiea Devcon V Scholar alumni and the ambassador for Orbit Community Program Lagosexplained

“As currently one of the largest tech spaces in Africa, it is only right that Nigerians are at the forefront and embracing the opportunities presented by Web3 and blockchain technology. We believe that our aspirations in creating a decentralized technology solution align with the desires of young Nigerians, which is why we designed this conference.”

Faces at the FileCoin Conference 2022

With a powerful interactive deep dive session on various topics such as IPFS, NFTs, Web3, Daap, FVM, Metaverse and the Future of Filecoin which was delivered by strategically deployed experts and professionals from around the world; Juan Benet – CEO Protocol Labs, Yulia Deriuhina – Ecosystem WG, Akinyemi Akindele – CEO Betdemand, Oluchi Enebel – Web3Ladies, Jonathan Dotan, Chris Quintero – CEO Stackshift, Filecoin have proven to be key pioneers and experts to lead this conversation.

The hackathon, held on the third day of the conference, is an opportunity for young Nigerians to showcase their skills and have a chance to win cash prizes, according to Akinyemi Akindele $1750a conducive workspace to the three months and Membership in the Orbit Community Program in Lagos.

After the CTO of Blockverse- Tochukwu Okoro, the hackathon kicked off at full speed as participants presented a medo of their projects to the judges. applications from different Teams and individuals birthing solutions utilizing blockchain technology, IPFS and the FileCoin platform were showcased on the day of the hackathon. Ten teams presented their projects and three winners emerged. Hackathon judges were Tochukwu Okoro – CEO, Blocverse, Ayodeji – CEO, Web3Bridge, Dare – CEO, Blockbuild Africa and Daniel – CEO, THE DIGIT.COM.

The Dotwog team took first place with its project for a decentralized data migration platform with 83 points. The team was led by Oluwatobiloba and other team members; Oluwasomidotun, David, Poison, Wuraola and Topichulan.

Faces at the FileCoin Conference 2022

Team Synergy took second place with a project called Decentra Doc, an open-source, collaborative, real-time text editor that can be stored on IPFS, which scored 82 points. Team members include; Olusola Samuel, Toyosi Salami and Maxwell Codehouze

Third place went to Team Medcan DAO with a project focused on how NFT can be used to fund and manage marijuana health education and research, which scored 79 points. Team members include; Abimboka Adebayo and David Uzochukwu.

hackathon session

Other submissions included projects like Staking Contract With NFT Whitelisting, which scored 70 points. This project allows owners of a specific NFT to stake a specific token and receive 10% of their stake monthly.

Players can only withdraw their winnings 3 days after wagering. Team members include; Abimbola Adebayo, Pamilerin Ayobami, Adegbite Kelvin, Obiagwu Nnamdi, Olajumoke Boladele-Lawal and Abdulrasheed Adediran.

Hackathon Winner

Team Battle NFTS scored 42 points with a project that creates a battle NFT character using a verifiable Random Number Generator (ANG) to create an open sea marketplace. The NFT changes are based on real-world data using a decentralized oracle. Using an already created NFT character, they added a TokenURI view with IPFS and Pinata that allows viewing IPFS files when the node is down. Team members include; Ibrahim Shittu, Atanda Nafiu

Team Name Decentralized built an NFT Minter that scored 54 points. It’s a project that allows you to mint an NFT into your wallet from a custom smart contract. team members were; Dauda Oladipo, Joseph Nwadike, and Femi Olah.

Team Evify scored 54 points with a project called Evify. Evify allows users in a specific entity to generate, store and review their documents as NFT via NFT aw/IPFS decentralized storage. Team members include; Annabelle Churana Kevin – Lead, Kevin – Researcher, Alvan – Developer, Gabriel – Developer and Chimmezirim – Developer.

Team Blackgames built a project titled File-School which scored 70 points. File-school is a decentralized e-learning platform developed by Wande Oki.

Team Web 3 Ladies submitted a project focused on NFT imprinting and scored 70 points. Team members include; Khadijah and Maureen.

Team Decentradrive scored 62 points and was owned by Pidoxy. The hackathon ended with attendees thanking Filecoin for the opportunity while reiterating that the conference was insightful as different sectors and aspects of Web3 and blockchain were addressed by the different speakers.

Filecoin has built advanced technology to create a robust foundation on which to store the world’s most valuable datasets in a fully open-source environment, allowing people from all over the world to participate.

Filecoin’s initiative has therefore paved the way for decentralized systems, international collaborations and projects that will boost economic growth. Stackshift CEO Chris Quintero also reiterated Filecoin’s sponsorship of grant programs that make it easy for people to spread their network in the Web3 space. Her abundant optimism in Nigeria’s tech community and belief that better days are ahead is not surprising and is one of the key attributes needed to navigate the inevitable revolution.

When asked if the conference would end in Lagos, Filecoin went on to explain that all roads lead to Abuja, where the Bogota Ethereum Nigeria and Orbit community program will meet later this year to start the talks on To continue decentralization and blockchain in Nigeria.

Leading Filecoin’s brand visibility and brand exposure strategies, dolphin agency– a digital marketing agency focused on using strategic communication channels to promote organizations and projects within the Web3 and blockchain ecosystem it has also been stated that while Filecoin is based on the United States of Americaher commitment to creating a community where decentralized operations are accepted and recognized is what led her to have this conversation in Nigeria.

Filecoin is the world’s largest decentralized network, allowing users to store, request, and transmit data through an auditable marketplace. Filecoin is fully open-source, allowing people from all over the world to participate using a protocol running on an advanced and novel proofing system, a combination of Proof of Spacetime (PoSt) and Proof of Replication (PoRep) to create a to offer unmatched efficiency and reliability.

Since launching in 2020, Filecoin’s storage providers have surpassed 15 Exbibytes (EiB) of global decentralized storage capacity, equivalent to 190 internet archives, 45,000 Wikipedias and 6,850,000 years worth of video calls, thanks to its advanced technology providing a robust foundation for it offers Save the world’s most valuable records.

As an alternative to costly cloud storage, the Filecoin network offers affordable and geographically decentralized storage, minimizing financial barriers and allowing users to take advantage of its unmatched networking capabilities.

It is therefore expected that attendees of this event will go home with a determination to create solutions that can promote decentralization and economic integration in the Nigerian ecosystem.

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