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    UMA

    Also appeared as UMA & Across

    UMA is an Optimistic Oracle for Web3 that can verify any statement proposed on the blockchain. Using economic incentives, the OO tells smart contracts “things about the world” so contracts and markets asking for that data can be settled. 

    Prize money awarded
    $76,500
    Prizes
    107
    Winning projects
    105
    Hackathons
    14
    Largest prize
    $6,000
    Active
    2021–2023

    What they reward

    Tech their winners favour

    Share of UMA's winners using it, against all entries at the same hackathons.

    Recurring prizes

    Tracks offered at more than one hackathon.

    • UMA5 hackathons · about $10,000 · last 2023
    • UMA & Across2 hackathons · about $10,000 · last 2023

    Hackathons

    1. Istanbul Nov 17–19, 2023$10KPillar5–
    2. ETHOnline 2023 Oct 6–27, 2023$10KPillar24$10K
    3. New York Sep 22–24, 2023$10KPillar12$10K
    4. Paris Jul 21–23, 2023$10KPillar9$10K
    5. Waterloo Jun 23–25, 2023$10K–8$10K
    6. Lisbon May 12–14, 2023$10K–2$7K
    7. Tokyo Apr 14–16, 2023$10K–8$13K
    8. Scaling Ethereum 2023 Mar 10–31, 2023$10K–12$16.5K
    9. ETHSanFrancisco 2022 Nov 4–6, 2022––12–
    10. ETHBogotá Oct 7–9, 2022––3–
    11. ETHOnline 2022 Sep 2–28, 2022––3–
    12. ETHNewYork 2022 Jun 24–26, 2022––3–
    13. ETHAmsterdam Apr 22–24, 2022––3–
    14. ETHOnline 2021 Sep 17 – Oct 14, 2021––1–

    zBay revolutionizes online marketplaces by decentralizing eBay, empowering merchants and buyers. It enables seamless data and reputation import from eBay, secure escrow, XMTP chat, and transparent dispute resolution using the Uma optimistic oracle

    $13,300 · Gnosis Chain · 🥇 Gnosis Chain — Best Use · +7 more

    Instant, tradeable, automated catastrophe bonds to help protect the world from natural disasters

    $11,037 · UMA · 🥇 UMA — Best Use · +7 more

    Chaser leverages Graph protocol subgraphs and the UMA optimistic oracle to facilitate advanced investment strategies with historical DeFi data

    $10,500 · UMA · 🥇 UMA - Best Use · +2 more

    If your flight is cancelled, we pay you immediately. Papantla: Insurance without intermediaries...On-chain insurance claim settlement for flights, using oracles for API communication and storing information in smart contract and Polybase database.

    $10,145 · UMA · UMA & Across · +3 more

    Onboarding the next billion users onto blockchain across mobile, Discord, Slack, and Telegram!

    $7,246 · Highlight · 🥇 Highlight — Best Use · +6 more

    Enable encryption and decryption of data based on a custom combination of cross chain and natural language statements.

    $6,534 · Wormhole · 🥈 Wormhole — Best Use · +5 more

    Attestation of AI query and answer is important. Use cases range from financial accountability, medical record keeping and many other. Uses on-chain optimistic oracles to attest the authenticity of results. It works even when non-deterministic AI models are used.

    $5,500 · UMA · 🥇 UMA — Best Use · +1 more