Online events are becoming more common as coronavirus cases continue to surge. So it shouldn’t come as a surprise that the blockchain community has seen an uptake in virtual hackathons this year, a concept which is actually proving to be beneficial.
For example, hackathon management platform TAIKAI works with organizations to facilitate a virtual open network for innovators looking to solve different challenges. TAIKAI CEO, Mário Ribeiro Alves, told Cointelegraph that lately the platform has been drawing attention from blockchain companies interested in launching virtual hackathons. According to Alves, virtual hackathons will play an important role in developing the blockchain ecosystem, since they can be highly effective for building out useful technologies over time: