Velvet.Capital blog

Revelation Hackathon: Disruptive DeFi Recap

Revelation Hackathon: Disruptive DeFi Recap

-“I believe there will be the next @ThetanArena or the next @PancakeSwapemerging from this hackathon” — Steve Ngok from @DoraHacks

Greetings fellow earthlings & intergalactic space aliens! We have some very exciting news in the DeFi space! The Revelation Hackathon Round 1 (Round 2 starting soon) brought to you by Binance and Dorahacks has come to a conclusion after several weeks of hard work, community engagement and presentations. There were 29,000 community votes and a panel of 28 expert judges from the top Web3 companies.

Over 216 projects across the globe competed for $5 million across 6 categories: Disruptive DeFi (let’s gooooo), Blockchain for Good, DAOs and dCommunities, NFT, GameFi, Metaverse, Frontier Tech and Innovative Infrastructure. Velvet.Capital took the DeFi category by storm. If you want to be a part of the future of DeFi don’t miss the opportunity to join our community on Discord & follow us on Twitter, Instagram, LinkedIn &Telegram now! Early adopters will never be forgotten.

Disruptive DeFi: 2nd Place!

First off we just want to thank Venus for sponsoring our category and giving us the opportunity to compete. Velvet.Capital is so proud to have gotten second place in such a prestigious hackathon. There were a lot of great projects but we’re building something very special. We appreciate and love all the great support and recognition from our community, the judges and everyone who took part in the hackathon who recognize this. We also want to recognize the other two projects that placed in the top 3 alongside Velvet.Capital: InsurAce Protocol & WEAVE. Congrats!
1. InsurAce Protocol
  • InsurAce is a leading decentralized multi-chain insurance protocol that provides reliable, robust and secure insurance services to DeFi users, allowing them to protect their investment funds against various risks.
2. Velvet Capital
  • Velvet.Capital is a multi-chain DeFi protocol that helps people create crypto portfolios, indexes & other financial products with additional yield at the tips of their fingers. We provide a secure and simple platform for individuals, professional asset managers and treasury managers. Sign up for early access
  • Empower defi users to farm their own way. No vaults created by WEAVE, but user owned smart contracts that are 100% customizable and much secure.
Things are still very early as we are just launching our first prototype now but to have this level of interest and support speaks volumes to the interest and demand for our project. This is just the beginning too. We are currently user testing and building out features. Our goal is to listen to our users & community so that we can deliver the best experience on the market. At Velvet.Capital we get better everyday and we’re always looking for new Velvet Fam members so don’t be shy — join us!

DeFi Platform of the Future

Velvet.Capital is building the DeFi platform of the future. Our mission is to bring financial freedom- free of intermediaries and centralized parties- to the next billion crypto users. The vision is to be the #1 multi-chain platform to manage all of your digital assets. We will deliver people with an intuitive and streamlined experience so that they can fully benefit from the web3 revolution, reclaim the custody of their assets and get the returns they deserve!
Our multi-chain DeFi protocol helps people create crypto portfolios, indexes & other financial products with additional yield- right at the tips of their fingers. Velvet.Capital’s platform is sleek, clean and highly intuitive. We want everyone to feel comfortable using it. Additionally, you can make your own portfolio or have one generated for you. The possibilities are endless. We utilize portfolio theory and yield farming to improve your risk-reward profile & amplify your returns.

Join the DeFi Revolution Today!

Our Velvet Family is growing every day and we would love for you to join us on this journey. We never forget the OGs- help build out the DeFi future with us! Early adopters will get the chance to become a member of the exclusive Velvet Founders Club.
If you sign-up now & follow all our socials you will be given a chance at exclusive access to an allotment of our governance token.
Check out our flagship site to get more info. Read our Medium for more in-depth articles.
Don’t forget to join our community on Discord & follow us on Twitter,Instagram, LinkedIn & Telegram for more updates! We want to hear from you, don’t be shy.