The Alephium community recently came together for an exciting milestone: The Hackathon 1.5: Why So Serious?—the first-ever community-funded hackathon on the Alephium blockchain. This event challenged developers, creators, and innovators to build unique and fun decentralized applications (dApps) and tools, all while tapping into Alephium’s powerful blockchain technology. With creativity and competition at an all-time high, several standout projects emerged as winners, showcasing the immense potential of Alephium’s growing ecosystem.
In this article, we’ll dive into the projects that claimed victory, from AI-powered oracles to digital gift card platforms—each bringing something fresh and exciting to the blockchain space. These projects not only impressed the judges but also set the stage for the future of decentralized applications on Alephium. Let's explore what made these projects exceptional and how they’re poised to shape the future of DeFi and blockchain technology!
Baby Pool Tool by babyxDDD & MiniJudie
BPT (Baby Pool Tool) is a decentralized finance (DeFi) tool primarily designed for tracking liquidity pool (LP) staking positions in the Alephium Ecosystem. It enhances the user experience by offering automation and eliminating the need for manual tracking of positions.
Key features include:
Stake LP Calculator: Tracks profits, impermanent loss, current position value, and daily earnings. It pulls live data from multiple fallback sources, including DIA Oracle, Binance, and CoinGecko.
Market Tracker: Displays market data and visualizations such as charts and graphs.
Bubbles and Blocks: Visual tools similar to CryptoBubbles and Coin360, themed around Alephium’s ecosystem.
Data Visualization: Unique representations of the Alephium ecosystem growth, using diagrams and DNA cell patterns.
The tool is free, with no profit or revenue generation. The developer has many additional features planned and is continuously improving the tool, despite starting the project with no prior experience.
DOH.money by cyxeio
Doh.money is a platform designed to simplify and revolutionize node deployment and decentralized finance (DeFi) management, starting with Alephium nodes. It allows users to deploy fully configured Alephium nodes instantly with just a click, offering a fast, secure, and scalable solution for node deployment. The system leverages advanced containerization technology to ensure consistent performance and isolated environments for efficient resource use.
Key features include:
Instant Node Deployment: Fully configured Alephium nodes can be deployed within seconds.
Advanced Containerization: Provides isolated, efficient resource management for nodes, ensuring scalability and high availability.
Intuitive Dashboard: Users can manage and monitor their nodes in real-time, maintaining performance and scalability.
Doh.money aims to evolve into a comprehensive DeFi hub on Alephium, combining secure node deployment with powerful DeFi tools, focusing on automation to streamline the development and deployment process.
Live site: Doh.Money
GraphQL by SesameWallet
GrAlph is a cloud-based GraphQL API service built for the Alephium ($ALPH) blockchain. It allows developers to easily query blockchain data using GraphQL, making it an efficient tool for dApp projects, data aggregators, DeFi protocols, and NFT marketplaces.
Key benefits of GrAlph include:
For dApp Projects: Enables easy querying of network data for dashboards and specific information needs.
For Data Aggregators: Provides analytics and insights on Alephium blocks and transaction data in real-time.
For DeFi Protocols: Offers fast, reliable data on liquidity pools, loan statuses, and more.
For NFT Projects: Tracks sales and ownership history with instant access to on-chain data.
GrAlph leverages the advantages of GraphQL, including strong types, efficient data joins, single API access, and improved user experience through selective data fetching and caching. Current features include a Proof of Concept (PoC) that imports Alephium Name Service (ANS) events into a database and a GraphQL client for interacting with it. Future developments plan to offer automated script deployment via Docker and further ease of use with configuration-based automation.
Destiny Protocol by shishirpai
Destiny Protocol by Phoenix Destiny is a novel prediction market platform built on Alephium, using dual vaults with minting and burning fees instead of traditional order books. The protocol allows users to bet on whether the price of an asset pair (e.g., ALPH/USD, BTC/USD, ETH/USD) will be above or below a target price after a specified deadline.
Key features include:
Prediction Mechanism: Users purchase "bull" or "bear" tokens based on whether they believe the asset price will rise or fall. At the deadline, the winning side (bulls or bears) takes the opposing side's funds.
Minting/Burning Fees: Users can burn their shares before the deadline but incur a fee that increases as the deadline approaches, which benefits the opposing side.
Versatility: While currently focused on asset price prediction, the protocol can be expanded to predict other events, such as elections, depending on available oracles.
The project has a fully functional MVP, with contracts, an indexer, and a frontend. It is designed to be extendable, with plans for further development after the hackathon.
Live site: Forecast.bid
Grumpy Fortunes by GrumpyAlph
Grumpy Fortunes is the first AI-powered price prediction oracle on the Alephium blockchain, combining cutting-edge tech with a humorous twist. This custom oracle gathers historical price data (currently from CoinGecko) and uses AI to predict prices for 24 hours, 7 days, and 1 month into the future. The predictions, along with Alephium’s current price, are stored on the blockchain for use by other contracts or curious users.
Key features include:
AI-Powered Oracle: Automatically collects and analyzes price data daily, providing future predictions.
Custom Oracle Contract: Accessible on-chain, with a "map" function for retrieving past predictions.
Humorous Interactions: Modeled after a fortune-telling machine, Grumpy delivers sarcastic, witty responses along with price predictions, offering entertainment during transaction waits.
Grumpy Fortunes is a blend of serious blockchain technology and playful user interaction, making financial predictions a bit more fun. Future plans include expanding data sources and use cases for the custom oracle.
Live site: Grumpy Fortunes
Yodh.app by notrustverif
Yodh by No Trust Verify is a digital gift card creator powered by the Alephium blockchain, allowing users to send secure, token-based gifts using ALPH and other Alephium tokens. It features multiple layers of security and innovative functionalities to ensure a smooth and safe gifting process.
Key features include:
Unlockable with a Secret: Recipients must use a secret provided by the sender to unlock and claim the tokens.
Double Signing Mechanism: Enhances security by requiring two signatures from the recipient, preventing theft via mempool observation.
Cancel Feature: The creator can cancel the gift card before the secret is shared if issues arise, ensuring tokens are not lost.
PDF Gift Card with QR Code: The sender receives a downloadable PDF with a QR code for easy and secure sharing.
Pooled Gifting: Multiple users can contribute tokens to a single gift card, perfect for group gifts.
Alephium Domains (ANS) Integration: Simplifies addresses into readable names for a better user experience.
Personalized Messages: Allows senders to include custom messages for recipients.
Oracle Integration: Displays the fiat value of tokens at the time of gift creation, helping recipients understand the value in USD.
Yodh promotes the use of ALPH in a fun, accessible way while incorporating security and personalization.
Live site: Yodh App
That’s a wrap! They are all amazing, and I know you guys are excited to interact with these tools. Again, these are as alpha-news as alpha gets! Thanks for joining. Next up, we will be releasing the 2nd batch of winners. I’ll see you there! Cheers. 🥂
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