Sunday, October 26, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

The Dark Side of Hackathons: Base’s Latest Controversy

by SB Crypto Guru News
October 17, 2025
in Altcoin
Reading Time: 4 mins read
0 0
A A
0


The developer community has long debated the true value of hackathons. Across forums and social media, many have voiced concerns that these events are often predatory by nature, serve as little more than PR stunts, or exploit participants by using their ideas and labor for free under the guise of “community building“.

From the CodeX hackathon offering lackluster rewards to winners, to Hack the Hill’s student fee hikes, to Salesforce’s pre-made project winner controversy all the way back in 2013, you’d be hard-pressed to find a hackathon event without some sort of controversy following suit.

The most recent hackathon that sparked outrage from the developer community was Coinbase’s Base “Onchain Summer Awards” event that took place on September 2. It was a hackathon hosted to celebrate the most innovative, engaging, and widely used consumer mini-apps in the Base ecosystem.

Copy Trading Guide for Beginners (ANIMATED EXAMPLES)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

Copy Trading Guide for Beginners (ANIMATED EXAMPLES)

Copy Trading Guide for Beginners (ANIMATED EXAMPLES)
Copy Trading Guide for Beginners (ANIMATED EXAMPLES)

Over 500 developer teams competed for a $200,000 prize pool. The winners were supposedly determined by on-chain engagement data reflecting real user activity. However, when the results were announced on October 7, people quickly started pointing out some shady aspects surrounding the winning projects.

The X user Alanas (@alanonchain), a co-founder of Ogvio (an international money transfer service), began analyzing the winning submissions. While reviewing projects in the Top New Consumer Apps category, he noticed something unusual in regards to some of the winners, calling out owatch (second place) and Opi Trade (third place) specifically.

According to his findings, both projects appeared to be little more than AI-generated one-pagers with little to no actual functionality.

Further investigation revealed that some of these AI-generated shell projects were connected to Coinbase employees. Coinbase is the company behind the Base network, who were the organizers of the hackathon.

Employees won with AI shell projects: the Base hackathon controversy: Coinbase employee's LinkedIn experience.Alanas pointed out that the participant roster was filled with promising projects that already have products deployed and running. When comparing these projects with the winners of the hackathon, the reason for the backlash becomes even more evident.

There is literally no functionality. <…> Doesn’t matter what you press, none of it is working.

Community members have been tagging the Base team in the replies to Alanas’ post, demanding an explanation, but as of writing this, Base has yet to respond in any way.

Hackathons are often marketed as these incredible opportunities to network, kickstart your idea, and potentially receive funding for your start-up. However, this latest controversy involving Base has soured the space even further, prompting the community to demand answers from the organizers.

The Base hackathon controversy comes on the heels of Coinbase’s plans to list BNB
BNB


$1,096.03

on its exchange – read more about it here.



Source link

Tags: BasesBitcoin NewsControversyCrypto NewsCrypto UpdatesDarkHackathonslatestLatest News on CryptoSB Crypto Guru NewsSide
Previous Post

99Bitcoins’ Q3 2025 State of Crypto Market Report

Next Post

Bitcoin Price Tanks Below $104,000, Market In ‘Extreme Fear’

Related Posts

Instagram Stories Get Smarter with Built-In Meta AI Edits

Instagram Stories Get Smarter with Built-In Meta AI Edits

by SB Crypto Guru News
October 24, 2025
0

Enjoyed this article? Share it with your friends! Meta has introduced a set of artificial intelligence (AI) assisted editing features...

0 Billion Altcoins Flows to Bitcoin, Says 10x Research

$800 Billion Altcoins Flows to Bitcoin, Says 10x Research

by SB Crypto Guru News
October 24, 2025
0

Enjoyed this article? Share it with your friends! 10x Research has reported a large movement of funds from alternative cryptocurrencies...

Fetch.ai Seeks 0M Token Return from Ocean Protocol

Fetch.ai Seeks $120M Token Return from Ocean Protocol

by SB Crypto Guru News
October 24, 2025
0

Enjoyed this article? Share it with your friends! Fetch.ai FET $0.2621 and the Ocean Protocol OCEAN $0.3124 Foundation appear to...

Clippy Returns? Mico Brings Visual Charm to Microsoft AI

Clippy Returns? Mico Brings Visual Charm to Microsoft AI

by SB Crypto Guru News
October 23, 2025
0

Enjoyed this article? Share it with your friends! Microsoft has introduced a visual character called Mico to represent its artificial...

DraftKings Turns to Polymarket for New Predictions App

DraftKings Turns to Polymarket for New Predictions App

by SB Crypto Guru News
October 23, 2025
0

Enjoyed this article? Share it with your friends! DraftKings has announced it will use Polymarket’s clearing services to support a...

Load More
Next Post
Bitcoin Price Tanks Below 4,000, Market In ‘Extreme Fear’

Bitcoin Price Tanks Below $104,000, Market In ‘Extreme Fear’

Barnaby’s New Bill Targets Crypto Use in State Trust Funds

Barnaby's New Bill Targets Crypto Use in State Trust Funds

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.