5 Pro-Tips to Win The Solana Hackathon

Superteam Podcast
18 Feb 202328:42

Summary

TLDRThis podcast episode offers invaluable advice for aspiring participants in the Solana hackathon, GrizzlyThon, where over $5 million in prizes is up for grabs. The hosts share insights from analyzing 200+ past winners, interviews with judges, and a deep dive into what catches the attention of the crypto community. They cover crucial aspects such as identifying real problems, leveraging Solana's unique features, marketing strategies, UI/UX design, and crafting a compelling presentation. Additionally, they introduce resources like build.superteam.fun for project ideas and announce build stations for both remote and in-person support during the hackathon.

Takeaways

  • 🎙️ The podcast discusses strategies for winning a Solana hackathon, despite the hosts not having won any themselves, by sharing insights from research and interviews with judges and winners.
  • 🏆 The Grizzly Ton hackathon is highlighted as a prestigious event with substantial prizes, global exposure, and respect within the crypto community, emphasizing its significance for participants.
  • 🔍 The hosts analyzed over 200 hackathon winners and spoke with 12 judges to identify patterns and tips for success, underlining the importance of thorough research in preparation.
  • 🤔 The importance of identifying a real problem to solve is stressed, with advice from Nick Garfield that a strong problem statement can compensate for imperfect code during the hackathon.
  • 💡 The script emphasizes that projects should focus on practical, current problems rather than theoretical or buzzword-driven ideas, which may not resonate with judges.
  • 🌟 Uniqueness to Solana is key; projects that can only be built on Solana or that leverage its specific features like speed and composability are more likely to succeed.
  • 📢 Marketing is crucial, and starting early to build a public presence, engage with communities, and network can significantly increase a project's visibility and credibility.
  • 🛠️ A functional UI, even if not perfect, is essential for a pitch as it provides something tangible for judges to interact with and evaluate.
  • 📹 The presentation of a project is almost as important as the project itself, with a strong emphasis on making a concise, clear demo video and a compelling pitch deck.
  • 👥 The team behind the project matters, and demonstrating a fit with the project and the ability to continue developing it beyond the hackathon can lead to greater success.
  • 💼 The hackathon is akin to a startup competition, so having a basic business model and presenting a project as a viable business can increase the chances of winning major prizes and VC interest.

Q & A

  • What is the main topic of the podcast episode described in the transcript?

    -The main topic of the podcast episode is about how to win a Solana hackathon.

  • Why did the hosts decide to create content on winning a Solana hackathon despite not having won any themselves?

    -The hosts decided to create the content because they have been building the town layer for Solana, talked to many talented people and judges, and conducted research on over 200 hackathon winners.

  • What is the Grizzly Thon and why is it significant in the context of the podcast?

    -Grizzly Thon is a Solana hackathon with over 50 prizes worth 5 million US Dollars, offering global exposure and respect within the crypto community, making it a flagship event to win.

  • What is the submission date for the hackathon mentioned in the podcast?

    -The submission date for the hackathon is the 15th of March.

  • What is the first and most obvious part of winning a hackathon according to the podcast?

    -The first and most obvious part of winning a hackathon is to build something cool that solves a real problem.

  • What is the importance of a good problem statement in a hackathon project?

    -A good problem statement is crucial because if the problem is significant and the team seems capable, even if the demo or code is not perfect, people will see the potential for it to work in the medium term.

  • What are some examples of real problems that can be addressed in a hackathon project?

    -Examples of real problems include user onboarding, retail UX, governance of DAOs, and issues specifically related to Network States.

  • What is the significance of building something that is Solana specific?

    -Building something Solana specific can give a project an edge because it leverages the unique features of Solana, such as speed and composability, which other blockchains cannot offer.

  • Why is marketing important for a hackathon project and what is the advice given in the podcast?

    -Marketing is important to build buzz and get on the radar of judges early. The advice given is to be active in Solana communities, use social media, and network with other participants and judges.

  • What is the advice regarding the presentation of a hackathon project?

    -The advice is to spend more than 20% of the time on the presentation, create a demo video, use a pitch deck, and ensure the GitHub submission shows the team's capability to continue developing the product.

  • What resources are available for those looking for ideas to build during a hackathon?

    -Resources like build.superteam.fun provide a list of ideas organized into different categories, and a past winners list to inspire and inform hackathon participants.

  • What is a build station and how can it benefit hackathon participants?

    -A build station is a physical location where participants can meet, interact with peers, get mentorship, and work on their hackathon projects, enhancing motivation and collaboration.

Outlines

00:00

🎙️ Podcast Introduction and Theme

The script opens with a casual introduction to a podcast where the hosts, Cash and Akshay, humorously acknowledge their lack of hackathon-winning experience. They discuss the 'Dynamic Tour' they are embarking on, which is a series of discussions on winning a Solana hackathon. The hosts have been researching successful hackathon strategies by examining over 200 winners, talking to judges, and observing numerous submissions. They aim to share insights and tips to help others succeed in hackathons, starting with the Grizzly Ton, a significant event with substantial prizes and global exposure.

05:01

🏆 The Importance of Winning Hackathons and Focusing on Real Problems

The hosts emphasize the value of participating in and winning hackathons, particularly the Grizzly Ton, which offers significant prizes and prestige. They discuss the importance of addressing real problems rather than chasing buzzwords or creating solutions in search of problems. The script includes advice from Nick Garfield, co-founder of Clockwork, who stresses the importance of a solid problem statement, even if the initial demo or code is imperfect. The hosts also differentiate between 'real problems' like user onboarding and governance, and 'buzzwords' that lack substance, urging participants to focus on creating meaningful solutions.

10:01

💡 Building Uniquely Solana-Specific Projects

The paragraph delves into the importance of creating projects that are unique to Solana and leverage its specific features, such as speed and composability. The hosts share insights from various judges and founders, highlighting the value of building projects that can only thrive on Solana. They discuss examples of Solana-specific projects like Word Cell and Tensor Trade that have benefited from the platform's speed. The paragraph also touches on the importance of considering the current state of the crypto user base and focusing on solving immediate, practical problems rather than theoretical future ones.

15:02

📢 The Power of Early Marketing and Community Engagement

This section of the script stresses the importance of early marketing and community engagement for hackathon projects. The hosts advise participants to start promoting their projects as soon as possible, even before the project is complete. They share tips from successful participants and judges, encouraging the creation of social media presence, active participation in relevant Discord channels, and networking within the Solana community. The paragraph highlights how early visibility and engagement can lead to recognition and credibility among judges and the community.

20:03

🛠️ Crafting a Compelling Presentation and UI

The hosts discuss the critical role of presentation in hackathon submissions. They emphasize the need for a functional user interface (UI) that may not have to be perfect but should be presentable and operational. The paragraph includes advice from judges who prioritize projects with a working UI over those with just an API or a pitch deck. The hosts also stress the importance of spending time on the presentation, suggesting that participants should allocate at least 20% of their effort to crafting a compelling pitch and demo video, which are crucial for catching the judges' attention.

25:04

🌐 Utilizing Resources for Hackathon Success

The final paragraph provides resources and support for hackathon participants. The hosts introduce build.superteam.fun, a website with numerous project ideas categorized by problem areas, offering inspiration for hackathon projects. They also mention a resource that compiles past hackathon winners, providing a valuable research tool for understanding successful projects. Additionally, the hosts highlight the availability of build stations, both physical and remote, where participants can collaborate, receive mentorship, and enhance their chances of success in the hackathon.

Mindmap

Keywords

💡Solana

Solana is a high-performance blockchain platform designed for decentralized applications and cryptocurrencies. It is known for its fast transaction processing speed and low fees. In the video, Solana is the focus of the hackathon, which is a competition where participants aim to create innovative projects utilizing the Solana blockchain. The term is used to describe the ecosystem and the specific technologies that participants are encouraged to build upon.

💡Hackathon

A hackathon is an event, typically lasting a few days, in which computer programmers and others involved in software development collaborate intensively on projects. In the context of the video, the hackathon is a competition specifically for building on the Solana blockchain, with the goal of creating new and useful applications. The script discusses strategies for winning such an event, emphasizing the importance of problem-solving and innovation.

💡Problem Statement

A problem statement in the context of a hackathon or any project is a clear and concise description of the issue that the project aims to address. The video emphasizes the importance of having a good problem statement, as it sets the stage for the entire project. It is mentioned that a strong problem statement can compensate for less polished code during the hackathon, as it shows the potential and importance of the project.

💡Crypto

Crypto, short for cryptocurrency, refers to digital or virtual currencies that use cryptography for security. The video discusses the role of crypto in hackathons, particularly on the Solana blockchain, and how projects should not just add crypto for the sake of it, but rather solve real problems that can benefit from blockchain technology.

💡Decentralization

Decentralization is the process of distributing or dispersing functions, powers, people, or things away from a central location or authority. In the video, decentralization is discussed as an ideological bias in crypto projects, where the focus should instead be on solving real problems that can be addressed by blockchain technology, rather than just decentralizing for the sake of it.

💡Composability

Composability in the context of blockchain refers to the ability of different components or protocols to be easily combined or work together to create new functionalities. The video mentions composability as a Solana-specific feature, highlighting how it allows for shared liquidity and the creation of smart messages within protocols, enhancing the overall utility of the ecosystem.

💡UI (User Interface)

User Interface (UI) refers to the space where interactions between humans and machines occur, and the aim is to make this interaction as simple and efficient as possible. The video stresses the importance of having a functional UI for hackathon projects, even if it's not visually stunning, as it helps judges and users to quickly understand and engage with the project.

💡Marketing

Marketing is the process of promoting and selling products or services, including the entire planning and strategy behind these activities. In the video, marketing is discussed as a crucial aspect of hackathon participation, advising participants to start promoting their projects early on social media and within the crypto community to build buzz and recognition.

💡GitHub

GitHub is a platform where developers can store and collaborate on their code, as well as showcase their projects. The video mentions GitHub in the context of hackathon submissions, advising participants to present their work in a way that demonstrates their team's ability to continue developing the product post-hackathon, which is an important factor for judges considering the project's future potential.

💡Presentation

In the context of a hackathon, a presentation refers to the way participants showcase their project to judges and the community. The video emphasizes the importance of spending significant time on the presentation, including creating a demo video and pitch deck, to effectively communicate the project's value and increase the chances of winning.

💡Build Stations

Build stations, as mentioned in the video, are physical locations or virtual spaces where participants in a hackathon can collaborate, receive mentorship, and work intensively on their projects. The video discusses the availability of build stations for remote participants, highlighting the support provided by the Solana community to help participants succeed in the hackathon.

Highlights

Introduction of the Dynamic tour podcast with Cash Danda discussing winning a Solana hackathon without prior hackathon wins.

Emphasis on the importance of the problem statement in hackathon submissions, as illustrated by Nick Garfield's advice on the significance of a good problem statement even if the demo or code is not perfect.

Analysis of over 200 hackathon winners and insights from 12 judges to identify themes and patterns for success in hackathons.

The Grizzly Thon hackathon as an example of a prestigious event with significant prizes and global exposure in the crypto space.

The importance of building something cool and five additional factors necessary for a successful hackathon submission.

Solving real problems versus chasing buzzwords, with examples of actual problems like user onboarding and governance.

Advice from Aditya Shetty on whether the solution is significantly better because of adding crypto, and the importance of not just rehashing existing ideas.

Focusing on the demand side of crypto and bringing in more users or liquidity as a key to winning hackathons.

The counter-intuitive approach of focusing on existing crypto natives rather than trying to bring in the next billion users.

The value of building something that is Solana-specific and leveraging the unique features of the Solana blockchain.

Tips on marketing and building in public, starting social media engagement and networking as early as possible.

The necessity of having a functional UI for hackathon submissions, even if it's not beautiful, to make a digestible pitch for judges.

Spending more than 20% of time on presentation to ensure a clear and concise message in the pitch deck and demo video.

The importance of a demo video that is concise, well-scripted, and showcases the actual product in action.

Being smart on GitHub by showing a business model and the team's capability to continue developing the product post-hackathon.

Introduction of build.superteam.fun as a resource for hackathon ideas and inspiration, organized by problem categories.

Availability of build stations, both physical and remote, to provide support, mentorship, and community for hackathon participants.

Transcripts

play00:00

all right hello and welcome to a podcast

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that I have no idea what we're talking

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about and a tanma is not on this show

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and we decided to record this about two

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hours ago on a deck that cash has been

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working on for two weeks with that

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ladies and Gentlemen please welcome cash

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danda thanks for having me actually this

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is the uh Dynamic tour that no one ever

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asked for they want you and tanmay me

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and Tammy occasionally but no one ever

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asked for cash in Akshay so we'll see

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how this one

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[Music]

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so today what are we talking about we're

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talking about how to win a Solana

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hackathon uh if you're watching this

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video you might be asking yourself like

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why should you even listen to us right

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like we have not won any hackathons and

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that's very fair to say however super

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team is building the town layer for

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Solana and as a part of that we talk to

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a lot of talented people and we just did

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our research so over the last like week

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or two uh me and trijini have been

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looking at more than 200 winners of

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previous hackathons we talked to 12 of

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the judges uh and we saw way more than

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100 Terrible submissions maybe like a

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thousand terrible submissions and across

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that we have some like themes and

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patterns and tips that we want to share

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that'll make your life a little bit

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easier great before you proceed in 30

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seconds what is the grizzly ton now you

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might ask why would you even give a

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about Solana hackathons at all Grizzly

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Thon is a great example of why you

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should care there are 50 plus prizes

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worth 5 million US Dollars uh you get

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Global exposure from everywhere in the

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world and you're gonna get a lot of

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respect the Solana hackathons in crypto

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I think are broadly considered one of

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the the flagship events are one of the

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most impressive kind of things to win at

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grizzlython is the one that's happening

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right now there's I think five tracks

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like or this 10 tracks five prizes per

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track uh and a lot of good projects

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gonna be competing great so Solara named

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a global hackathon after an animal that

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only exists in North America so that is

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what Quizlet on is and we're gonna show

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you a slice of uh I guess advice and pro

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tips from various participants winners

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and judges on how to best prepare

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yourself for this uh the submission date

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for the hackathon is coming up on the

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15th of March so for those who have

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signed up this is a great video for

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those who have not signed up this is a

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good time to sign up and then watch this

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video to maybe ship something of value

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before the 15th of March if you are

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interested you might be a little bit

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intrigued listening to this uh that you

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want to win some of these prizes you

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want some disrespect here's what you can

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actually do to make it happen you got to

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build something cool that's like the

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first and like obvious part in addition

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to building something cool you got to do

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five other things and that's what we're

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going to go through and talk about let's

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start off with tip number one which is

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all about the problem that you're trying

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to solve and here we can look at some

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great advice from Nick Garfield who's

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co-founder of clockwork which won the

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grand prize at hackathon recently when

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we talked to him he said that if you

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have a good problem statement the actual

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demo the actual code that you're writing

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does not have to be as good right

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Clockwork itself he very humbly says

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they won the hackathon but it was super

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Buzzy buggy and barely worked and yet uh

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people could see that this was an

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important problem it was a good team

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that had a good shot and a good kind of

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design architecture for it so even if it

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didn't work in the present they knew it

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would work in the medium term what what

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counts as like a real problem and what

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does not the things on the left are like

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actual problems right so like solving

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for user onboarding or retail ux or how

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Dows are governed there's a new track at

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grizzlython for Network States in

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particular those are real problems if

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you are trying to solve like the

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metaverse or some weird artificial

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intelligence what's crypto stuff those

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are mostly just buzzwords and the judges

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are going to see you right through that

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this is where I expected Thunderman to

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say a bunch of funny little buzzwords

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he's no longer here to say other

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buzzwords you know

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a few other like points on how to think

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about problems Grim lore uh AKA Aditya

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Shetty leader writer over at super team

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had this advice should you do you want

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to read out the quote and then I explain

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it every time but that'd be like nice so

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true okay uh we should keep all of this

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this is great you know just yeah this is

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hacking through this how much prep we

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did how are we doing this for one and a

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half years okay is the solutions so is

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the solution significantly better

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because of adding crypto or would it be

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better off without it this is like a

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classic hackathon problem if someone is

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like oh we should do x with crypto or

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the web 3 version of X without even

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thinking does crypto actually improve it

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at all no one wants the thousandth

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version of you know like

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um arranged marriages with crypto that's

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like not interesting to anybody it's not

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a thing that you should actually be

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doing try to solve real problems right

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or the first version of arranged

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marriage with crypto what does that mean

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well you said nobody wants a thousandth

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version of a range oh yeah no one wants

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even the first version yeah that's right

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yeah you know all this is really

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important because often it'll be like

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hey I'm building like the web 3 version

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of like a I don't know like a power

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plant or something and you're like why

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are you doing that well because it's uh

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decentralized yeah but like why why does

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it need to be decentralized well because

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it's good and so then everything ends in

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sort of like an ideological bias in

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favor of decentralization most of

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decentralization on crypto within crypto

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artists on crypto Twitter is also LARP

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and so you're you just end up with teams

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building projects for

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um for a long time except they can

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continue building these projects because

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there's like a subsidy available in the

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form of Grant programs from various

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foundations of blockchains that want

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them to build there then there are demo

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days then there are hackathons and so

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you can continue winning prize you can

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just do this for two years with no users

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but just build you know demoing Concepts

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to MVPs to stuff on test net and devnet

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and by the time you ultimately launch

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you can I guess it's a bull market and

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then you launch your token

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that's like the grifter's path to

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success if you're watching this don't do

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that like do something that's actually

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valuable in the world that makes sense

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because of crypto here's another great

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quote from from check all right most

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judges evaluate projects really From

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perspective of is it net positive to the

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ecosystem will it bring more users or

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liquidity this means that like the core

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problem that all of crypto has like

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let's just call this made a spade is

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that there are not enough like users and

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liquidity here

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here so the things that are going to be

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really valuable the things that the

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judges are going to want to reward are

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all around bringing those kind of

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in-demand things right here's another

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quote from Armani focus on the demand

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side of crypto there's a tiny amount of

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crypto users right now okay this sounds

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like an obvious thing surely this was

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said in the context of something that

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had Nuance yeah the Nuance is this

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people are building things assuming that

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there are already tens of millions of

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crypto users which is the wrong thing to

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do right you want to build things that

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are going to be important right in the

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here and now things that are not uh just

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like theoretically nice to have in 10

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years once everyone gets here right so

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the focus here on all this advice is

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solve practical problems that are there

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right now and here's one more quote from

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mango Max that I think is like useful to

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think about yeah does it solve an issue

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that existing blockchain users have all

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six of them all six of them yeah those

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are really good projects to actually

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start to win things right because you're

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solving existing problems so either

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bring in more users by solving a real

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problem with for them using crypto or

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solve problems that existing blockchain

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users have a lot of people just ship

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over this entirely and are looking for

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the biggest philosophical ideas out

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there so like here's Okay so

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oh sorry good

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oh Jesus Christ

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so yeah so one point here is sort of

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like the intuitive thing to do seems to

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be for people to bring in the next

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billion users that's sort of like the

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meme right or the next are the first

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billion users in crypto's case

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um and so bring it to Everyday users

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that's sort of the mission statement of

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most of the crypto companies you know

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counter-intuitively most of the crypto

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companies that have succeeded and the

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projects that have succeeded have done

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so by focusing on existing crypto

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natives they've turned inward right

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because they just attracted a pool of

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capital that already existed after say

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the ethereum Ico and brought that over

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into D5 right and those were like the D5

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whales that bootstrapped the liquidity

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uh in the ethereum ecosystem similarly

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like Ledger uh Fanta Ledger the hardware

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wallet or Phantom the you know software

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wallet are all unicorns in their own

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right by selling products to

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um you know crypto native consumers

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there may be much more uh you know

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Runway to build stuff for crypto native

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folks than most people think 100 I think

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that people get so obsessed

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the flashiest biggest idea rather than

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focusing on the actual problem that

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needs to be solved seahorse is a great

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example of this right this was a project

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that one surprises uh in 2022 at summer

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camp seahorse is like a developer tool

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right it allows you to write anchor

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compatible programs just using python

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this is great because it brings more

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developers to the ecosystem right

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because now it's suddenly easier to

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build on uh Solana and it solves a real

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problem that hey like rust and anchor

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they're difficult to learn like it's uh

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you need to actually make it easier in

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order for more developers to come to

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create more valuable things that bring

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in more valuable users so you're solving

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for people who are already interested in

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blockchain Tech but maybe aren't able to

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access it in the same way that they

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might ideally need to this is a great

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type of problem to solve maybe not be

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the sexiest problem but it is a great

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problem to solve because it's an actual

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problem we're going to go on to tip

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number two here which is to think about

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the idea and when you're having ideas in

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response to problems the more Solana

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specific they can be the better and

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again this is seems obvious but it is

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not most of the time a lot of the ideas

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that we see are just hey here's the

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thing that worked on ethereum let's just

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build it on on that as well because it

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doesn't exist here this is like classic

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advice for basically all the judges said

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something

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here's one from our guy co-founder at

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helias uh you get instant points if

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you're if you've built something that

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only can be built on Solana

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um especially stuff that other chains

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couldn't handle okay that's a great uh

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point we should talk about this so the

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question to ask yourself is as you're

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like building what is Solana specific

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and what are the types of things that

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are Salon is specific right uh here's

play09:31

another quote from Mary uh gunarate the

play09:33

co-founder of bridge slit uh who has a

play09:35

very similar point I'd rather see a

play09:37

uniquely successful mechanism or

play09:38

interface versus a smoother version of

play09:40

an existing Solana read project what is

play09:42

unique to Solana and here's one more

play09:44

from our guy Tristan over at backpack as

play09:46

well a new creative idea that has a

play09:48

route to pmf over hashing rehashing the

play09:51

same over and over all of these

play09:53

quotes have the same exact point right

play09:55

these are all judges telling you to your

play09:56

face build something that is a lot of

play09:58

specific well what is Solana specific

play10:00

here are a few things that are like

play10:01

specific to Sana the first one is that

play10:03

it is very fast you might have heard

play10:04

about that before right so building

play10:06

products that are or building protocols

play10:08

that benefit from speed is really useful

play10:11

word cell is a great example here right

play10:12

like on social uh word sales like was a

play10:15

publishing platform a decentralized

play10:16

publishing platform and when they won

play10:18

the web 3 track at a one of the previous

play10:20

hackathons it was because their product

play10:22

took advantage of the speed right you

play10:24

could post things you could follow

play10:25

people you could like things Etc all

play10:27

very quickly at a speed that felt

play10:28

roughly natural compared to web 2 things

play10:30

tensor trade is another Award winner

play10:32

right which is just the fastest most

play10:34

performant nft Marketplace in the world

play10:36

if you use it it feels like lightning as

play10:39

you go about it and it's something that

play10:40

can only it's an experience you can only

play10:42

have on Solana and Order books

play10:45

well order books I think is on the

play10:47

composability side right like what are

play10:49

the things that are a part of Solana

play10:50

that aren't a part of other chains well

play10:52

one is obviously like order books they

play10:53

don't really exist anywhere else uh in

play10:55

the same way that they do here there was

play10:57

syrup now we have open books we will

play10:58

have Ellipsis Labs as well

play11:00

um so benefiting from shared liquidity

play11:02

across the entire ecosystem is a really

play11:03

powerful thing to do if you're a D5

play11:05

founder but there are other examples as

play11:07

well right like dialect is taking

play11:08

advantage of the inherent composability

play11:11

of Solana because everything's on a

play11:12

single shared State it's not fragmented

play11:14

across different layer twos or whatever

play11:16

else so all the different apps can

play11:18

create smart messages within the dialect

play11:20

messaging protocol to do all sorts of

play11:21

fun things and then finally the last

play11:23

thing that's like specific to Salon

play11:24

that's useful to think about is what

play11:26

works well in the ascending markets

play11:28

right there's another clear strength of

play11:29

Solana because it is fast and cheap it

play11:31

feels easier to use the ux of it with

play11:33

more of a mobile Focus coming think

play11:35

about the types of things that would

play11:36

work at some of these ascending markets

play11:38

also called Emerging Markets right so

play11:40

like tip link is an awesome idea it's

play11:42

basically anybody can have a wallet with

play11:44

just a link you don't actually need to

play11:45

create a wallet so it solves this kind

play11:47

of user onboarding problem that you have

play11:49

in places which maybe are not as

play11:51

sophisticated with crypto Stellar Soul a

play11:53

super team project or super team member

play11:55

project allowed people to use their usdc

play11:57

that they were earning globally at

play11:59

Flipkart which is the the largest

play12:01

e-commerce site in India so you could

play12:03

actually use it in your day-to-day life

play12:04

right these are like things that solve

play12:05

real problems that create real value

play12:07

they can really only be done uh with

play12:09

Salon yeah I mean I think uh the

play12:12

uh

play12:15

never mind okay

play12:19

good so you know when I was in Turkey

play12:21

for the Istanbul Hacker House uh we went

play12:24

to the bazaar right and there are like

play12:26

all these uh you know like shops where

play12:29

you can buy jewelry and clothes and

play12:32

shoes and it's truly about it's like

play12:34

walking into a you know there's narrow

play12:36

streets with uh shops on both sides and

play12:39

it's it's like what going back in time

play12:40

except as you walk through next to like

play12:43

a shoe store is a massive

play12:46

um

play12:47

Bitcoin OTC desk right and there's like

play12:51

a big screen where you have real-time

play12:54

prices which is basically the binance

play12:55

price feed on those uh on on that screen

play12:58

and you can walk in with like a million

play13:01

dollars in crypto and exchange that for

play13:04

US dollars in cash uh and walk out right

play13:08

now that's a really unsafe way to hold

play13:11

dollars right in markets outside of the

play13:13

US like often the way people hold

play13:16

dollars is physical dollars

play13:18

but the good news is today you can

play13:20

download a browser extension and hold

play13:22

dollars in that browser extension

play13:24

subject to local laws and jurisdiction

play13:27

Etc right but you know where it's it is

play13:30

legal and regularized in theory you

play13:32

could do that so that's sort of like

play13:34

just access to Capital assets and

play13:36

dollars is is already a massive use case

play13:39

you know smooth onboarding and

play13:40

off-boarding which I don't think is a

play13:41

solved even today so the basic Point

play13:44

here is if your idea is more specific to

play13:46

Solana it's going to have a much better

play13:47

chance of working the judges by and

play13:49

large are VCS who invest in a lot of

play13:51

projects and founders of Solana projects

play13:53

so they know what is specific to slana

play13:55

and what it's not we'll talk more about

play13:57

ideas to build later on but keep this in

play14:00

mind if you want a chance at winning tip

play14:02

number three you gotta think about

play14:03

marketing and the tip here is to start

play14:05

telling people ASAP this is super

play14:07

counterintuitive and very few people

play14:09

actually do it you know who does it the

play14:10

goddamn winners here's a tip from Mitch

play14:13

the co-founder at switchboard and other

play14:15

uh big prize winner at a previous

play14:16

hackathon okay being generally active in

play14:18

Solana communities and Discord will help

play14:20

bring early attention to you and your

play14:22

project key idea here is you got to

play14:24

build in public you have to be telling

play14:26

people before the thing is done which

play14:28

can feel really uncomfortable for most

play14:30

Builders and a lot of developers in

play14:32

particular it can feel like oh why am I

play14:34

talking about it I haven't actually

play14:35

built it I don't know if it's going to

play14:36

work I don't really have confidence that

play14:38

it's cool what if people make fun of the

play14:39

idea et cetera et cetera you just got to

play14:41

get over that so literally right now as

play14:43

you're watching this go create a Twitter

play14:44

page come up with any name for your

play14:46

project it does not matter just come up

play14:48

with the name create a Twitter page and

play14:49

start posting updates and responding to

play14:51

others right you just want to get your

play14:53

name out into the world familiarize with

play14:55

other people go into other discords it's

play14:57

another like great tip from some of the

play14:58

judges go into the discourse of relevant

play15:00

protocols and communities right you're

play15:02

building something in D5 go to the major

play15:04

D5 discords so I'll learn Zeta et cetera

play15:06

ask questions ask for feedback try to

play15:08

meet people right it's another way to

play15:10

start to build some Buzz about your

play15:11

project and finally make sure that

play15:13

you're actually networking again this

play15:14

can feel uncomfortable to a lot of

play15:16

people that's why I'm trying to like

play15:17

really hit this point that it is the

play15:19

difference between winning and not

play15:21

winning oftentimes right here's an

play15:23

example from Port Finance they included

play15:25

this in their actual submission they

play15:27

again won uh some major prizes at Solana

play15:29

season and you can see the social media

play15:31

engagement they have people paying

play15:32

attention and that automatically brings

play15:35

some credibility to the judges but in

play15:37

addition and just as importantly as our

play15:39

guy Chase Barker said the benefit is

play15:41

that it could be seen early by one of

play15:43

the judges and it get flagged to others

play15:45

to make sure they review it closely the

play15:47

judges are they're social people they're

play15:49

normal people They talk with their

play15:50

friends they talk with other judges

play15:52

about what are the projects that they're

play15:53

excited about or think that are cool so

play15:55

just getting on their radar early

play15:56

starting to build up some mind share is

play15:58

an easy way to make sure that when the

play16:00

judging starts and they see your

play16:01

submission they're like oh I I've heard

play16:03

of this before or I recognize this or

play16:05

this was the thing that you know Ben was

play16:07

telling me about Etc and they'll give it

play16:09

a little bit of extra thought a little

play16:10

bit of extra treatment so marketing is

play16:12

important in addition to the building in

play16:13

this yeah I think uh uh you know it's uh

play16:16

it's sort of a careful balance between

play16:18

the sizzle and the stake you know all

play16:19

Sizzle and no stake makes Jack a web 3

play16:22

clown and all stake and no Sizzle mix

play16:25

Jack a crypto nerd and you don't want to

play16:27

be either of those things and if

play16:28

especially if you're looking to build

play16:30

something and raise money and find users

play16:32

so let's go to tip number four which is

play16:34

the look and this is another one that is

play16:36

I think oftentimes overlooked it might

play16:38

sound kind of obvious but having looked

play16:40

at a lot of submissions it is not the

play16:42

case the tip here is make a functional

play16:44

UI it does not have to be beautiful it

play16:46

does not have to be incredible but you

play16:47

should make something here's a quote

play16:50

from Armani our guy from backpack again

play16:52

it doesn't have to be perfect or

play16:53

complete but a working UI is much more

play16:56

digestible pitchable for judges than

play16:58

just an API or often just a dick

play17:01

or just a deck exactly having something

play17:03

that they can look at feel maybe play

play17:05

around with makes a gigantic difference

play17:08

all the judges were talking about this

play17:09

right if you don't have much of a design

play17:11

sense that's fine if you just have like

play17:13

a little bit just use a landing page

play17:15

template go buy some template off of

play17:17

envato or wherever else colors.co for a

play17:19

logo mid Journey can design your

play17:20

graphics or logo it's really simple

play17:21

right and if you have no design sense

play17:23

whatsoever the good news is then you can

play17:26

either sponsor a bounty on super team if

play17:28

you have some funds or use the free find

play17:31

a team feature on the grizzlython

play17:32

website uh which will be right here JD

play17:35

will show it to you right here you just

play17:37

say hey here are my skills here's what

play17:38

I'm looking to do whatever else and then

play17:40

you can request intros to other people

play17:41

and they can come talk to you as well so

play17:44

it's a great way to like find other

play17:45

teams but if you don't have a functional

play17:47

UI your life is going to be much harder

play17:49

here's another example from switchboard

play17:51

this was their UI all due respect to uh

play17:53

to mention the Gang not the most

play17:56

beautiful thing right and that's

play17:57

completely fine it just has something

play17:59

there that you can see because going

play18:01

back to our guys check having something

play18:03

people can see is very important and we

play18:05

just had a lot to show versus telling

play18:08

Edward tell when they won right so make

play18:10

sure that you do something I would say a

play18:12

solid 50 of projects that we saw did not

play18:14

do this and so it just made it nearly

play18:16

impossible for them to win last tip here

play18:18

is around the story the advice I would

play18:21

give is spend more than 20 of your time

play18:24

on your presentation there's another

play18:25

thing that most people do not like to do

play18:27

right it feels at least talking to a lot

play18:30

of people who've submitted in the past

play18:31

and looking a lot of submissions it is

play18:33

clear that people leave the submission

play18:34

for the last day that's the first time

play18:36

that they think about it and they put it

play18:37

all together inside of like two or three

play18:39

hours right at the end that is a

play18:41

terrible idea do not do that here's

play18:44

another thing from our guy based sharker

play18:46

if you don't get best presentation

play18:47

judging pit stage no one will ever even

play18:50

see or code wow that's really sad it is

play18:53

it is a sad thing but it's an important

play18:54

thing to understand about how these

play18:55

hackathons work here's the alpha right

play18:57

people do not look at your code first

play18:59

the judges look at all the presentations

play19:01

they shortlist the best presentations

play19:03

and then on the back of that they then

play19:04

go look at your code and see does it

play19:06

actually deliver what you're saying it

play19:07

delivers right so if you only have a

play19:09

good presentation you're not going to

play19:11

win because they are going to look at

play19:12

your code in depth right it's not it's

play19:14

not only about how good is your

play19:15

PowerPoint deck but if you don't have

play19:17

that good piece you're never going to

play19:18

get to the more important piece second

play19:20

they use that as a filtering mechanism

play19:21

because they have to right there are

play19:23

hundreds and hundreds of submissions

play19:24

they can't look at all of the code in

play19:26

depth to start so here's the advice as

play19:29

you're packaging your submission make a

play19:30

demo video very clearly it should be two

play19:32

to four minutes absolutely nothing

play19:34

longer than five minutes we saw like 10

play19:36

15 20 minute demo videos that's

play19:38

outrageous don't do that less than five

play19:40

minutes write a script do not freestyle

play19:42

it in the way that me and actually are

play19:44

freestyling this video right now make

play19:46

sure that you have actually like put it

play19:47

down use chat GPT for help this is a new

play19:50

thing right you can just tell it about

play19:51

your project ask it to write a script

play19:53

you'll have something pretty good that

play19:54

you can work on and edit that sounds

play19:55

like a terrible idea

play19:58

it's actually is that how you're doing

play20:00

this pitch

play20:02

here's the bigger point right is if you

play20:04

watch these videos and again we have

play20:06

watched the videos they are worse than

play20:08

you could expect because people are

play20:10

clearly just making it up as they go

play20:11

along

play20:12

um you know kind of whole minutes of

play20:14

silence or they'd have to go backtrack

play20:16

and stuff it's just don't do that right

play20:18

basic hygiene is going to be taking you

play20:20

a long way here well isn't it ideal if

play20:22

they just made like a Sizzle video like

play20:24

that's not even like uh hey here's how

play20:27

this thing works under the hood and

play20:28

here's all the things it can do versus

play20:30

just like a 60 second hype video of all

play20:34

the features like a product launch

play20:35

actually no so you want to see people

play20:38

going through and actually seeing the

play20:39

real product if you can do both though

play20:41

then you're in a really good spot so let

play20:42

me actually show you this example uh

play20:44

check this out this is Zeta markets uh

play20:46

which is a very popular D5 this is their

play20:47

submission video right

play20:55

that looks like Z news from India do you

play20:58

see what they did there right it's you

play20:59

just go on Fiverr you get a little I

play21:01

assume they went on five or something

play21:03

get a nice little Motion Graphics

play21:04

animation intro made but the rest of the

play21:06

time should be spent going through your

play21:07

projects because the people want to hear

play21:08

it in your voice see if you believe it

play21:10

see if it is uh believable right because

play21:13

again a lot of grifters and web3 do you

play21:15

sound confident do you understand what

play21:16

you're talking about in the video also

play21:17

going to be important so production

play21:19

value helps but I would say do not go

play21:21

all the way overboard on production

play21:22

value you still have to show what you're

play21:24

doing uh is a real thing the second big

play21:26

tip here uh for use a pitch deck to make

play21:29

your life easier we have a pitch deck

play21:31

for you surprise bonus Alpha you can

play21:34

just customize our template as a base

play21:36

and then start to add in your own

play21:37

content and then the link will be in the

play21:39

description down below as well it'll

play21:41

take you like 20 minutes or 30 minutes

play21:43

to do the first draft of it and then you

play21:44

can start to edit it over time but just

play21:46

use it it's a bit easier that way what's

play21:48

so funny do you like the little here

play21:50

yeah if you really trying to be a

play21:53

YouTuber do you see that it's going to

play21:54

be somewhere are here you'll just love

play21:56

doing saying that because it makes you

play21:58

feel like you have superpowers

play22:01

I like to make JD work as well you know

play22:04

so that that's the other like nice part

play22:05

JD Lily put it on the far end of the

play22:08

screen like put it away from wherever

play22:10

he's saying yeah put it like up here

play22:15

that's funny because it's going to make

play22:16

JD look down inside of me anyway keep

play22:18

this part

play22:20

and then lastly be smart on your GitHub

play22:22

obviously uh here's another tip from uh

play22:25

okay Maddie head of growth at Salon

play22:26

Foundation okay one thing we look at why

play22:29

are you and your team well suited to

play22:31

continue developing the product

play22:32

fundamentally unlike some other

play22:35

hackathons the Solana Global hackathons

play22:37

are closer to Startup competitions right

play22:39

so it's not just about the thing that

play22:40

you've made it's also How likely are you

play22:42

to continue this into the future it's a

play22:44

business competition of sorts as you are

play22:46

packaging your submission really

play22:48

important to keep this in mind right the

play22:50

more kind of founder problem fit that

play22:52

you have or that you're able to convey

play22:54

in your pitch perhaps in your demo video

play22:56

or in your pitch deck the more likely

play22:58

you are to go further in the competition

play23:00

uh here's another quote from uh from our

play23:02

guy chunker uh since a global hackathon

play23:04

is essentially a startup competition

play23:05

having a business model will massively

play23:07

increase your chances for VC investment

play23:10

you don't have to go all the way right

play23:11

like you don't need to have like Tam Sam

play23:13

sat like slides you don't need all of

play23:15

that you don't need like five year

play23:16

Revenue projections the point is the

play23:18

more you can think of it like a business

play23:19

and present it like a functional

play23:20

business the more likely you are to win

play23:23

some of the major prizes and get that VC

play23:25

funding here's an example of a really

play23:27

good deck from a few years ago you can

play23:29

see the design is not like anything

play23:30

special but the The Narrative of it is

play23:33

very clear this is from stolen which is

play23:34

the largest viral land product on our

play23:36

protocol on Solana with soland you can

play23:38

one two three four these are the

play23:40

benefits what Solan unlocks all of these

play23:43

additional benefits right these are like

play23:44

the functional use cases that you can do

play23:46

here's what it unlocks one slide two

play23:48

side super easy for anyone to understand

play23:49

and I'm showing this because they won

play23:52

the D5 track entirely this is not like a

play23:54

deck that they paid somebody thousands

play23:56

of dollars to make right this is just

play23:57

like a basic template adding some text

play23:59

but it helps make things clear we

play24:02

already looked at the Zeta markets like

play24:03

example video this is a great demo video

play24:05

you can go and find this as well in a

play24:07

resource I'll tell you about in a second

play24:08

four minutes long they're just going

play24:10

through it uh pretty basic and here by

play24:12

the way you can see another UI that is

play24:13

not great but a good enough to help them

play24:16

win the award uh the grand prize yeah by

play24:18

the way we're a good link to build.super

play24:20

team hold on

play24:23

we got some slides for that coming up

play24:25

it's like literally the next thing yeah

play24:27

this is the thing and then actually do

play24:28

you want to intro the next thing you

play24:30

want to say that but more as a question

play24:33

what you want me to set you up for your

play24:36

next slide I thought you were going to

play24:38

make an organic just do your hard

play24:40

job bro

play24:43

coast of the year I don't get paid

play24:45

enough for this yeah

play24:47

all right anyway so you're looking at

play24:50

this you're like wow these tips are so

play24:51

great gosh thank you so much actually

play24:53

you guys are geniuses you've made my

play24:54

life so much better but I still don't

play24:55

know what to build you might be saying

play24:57

you're new to crypto whatever else don't

play24:59

worry we got you covered right there's a

play25:01

website called super team build that

play25:03

contains just tons of ideas I think it's

play25:05

like 85 ideas of things to build during

play25:08

one of these hackathons right now it's

play25:10

just

play25:11

build.superteam.fun it's entirely free

play25:13

it's organized into a bunch of these

play25:15

different categories you can see here

play25:16

are the problems to solve here's a

play25:18

possible solution right a lot of the

play25:20

problems are where you're going to want

play25:21

to focus your time on as opposed to the

play25:23

exact solution you could build it of

play25:25

course but you can use it as inspiration

play25:26

to come up with your own creative

play25:27

solution as well if that's not enough

play25:29

you're greedy you want even more uh

play25:32

don't worry we got you covered with a

play25:34

past winners list as I said we did a

play25:36

bunch of research for this video looked

play25:37

at more than 200 Prize winners we put

play25:40

all that together in a super easy to

play25:42

digest resource for everyone watching

play25:43

this is entirely free just go to

play25:45

build.super team.fun you'll find it on

play25:47

the website or you can go directly to

play25:48

this URL it's all the different

play25:50

categories broken down with all of the

play25:53

winners across all of the hackathons of

play25:54

the last I think three years are in here

play25:57

you can click on them you can find links

play25:58

to their presentations to their githubs

play26:00

to their active websites if they're

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still there you can see what tracks they

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won you wouldn't start a real business

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without doing some competitive research

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you should probably not start a

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hackathon project without doing the same

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so take 15 20 minutes look through here

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to see what others have done in the past

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yeah this is an awesome resource

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especially because you know this goes

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back what three years of hackathons and

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so the there's it's an invaluable

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Treasure Trove of like past

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presentations demo videos things like

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this you can look at every winner of the

play26:29

previous hackathon and see what they did

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well and what they didn't and you know

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big props to srijini and you for sort of

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like uh putting this together yeah put

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it on his face right here JD or put it

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right here here all right let's go uh so

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after all this you have the ideas ready

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you're feeling pretty hopeful you think

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you're ready to get started here's some

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even better news for you we got you

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covered in many countries around the

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world not all of them we have build

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stations live actually do you want to

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explain what the build stations are yeah

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build stations are physical locations

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where you can find uh and meet other

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people who are also participating in the

play27:03

hackathon so you can be motivated uh and

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have some peer-to-peer interactions get

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meet mentors who may resolve doubts and

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things like this that you may have while

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you're building so you can

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um you can successfully submit your

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project before uh the submission date

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which is March 14th

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get there in on more March 14th very

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nice very nicely there's that is me

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doing cash danda

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that's your cash impression here's my

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action impression allegedly allegedly

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allegedly what a stupid idea bro all

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right

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all right super team's even doing a

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remote uh build station so if you don't

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live in any of these countries and

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you're not close to them hit up our

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Discord that link will be somewhere down

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below uh and you can come hang out get

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remote sessions from mentors get advice

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get feedback we will personally help you

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on all of your different work here um so

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the only question left is like what are

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you waiting for go get started there's

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five million dollars in prizes available

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right now at chrisleython there's gonna

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be more at Future hackathons get

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involved can't believe you wasted one

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slide on a rhetorical question

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is that it are we ready to end the video

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we are ready to end the video at long

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last all right uh links to

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participate in the hackathon are in or

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in description links to uh find the

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inspiration for your hackathon idea are

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also in the description go check out the

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past hackathon winners uh and uh I hope

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we never have to do a video with cash

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only with that ladies

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come back best of luck and have a

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wonderful week

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thank you

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