Electroneum Hackathon Drives Innovation in the Web3 Space

By: blockchainreporter|2025/05/06 21:00:02
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The Electroneum Hackathon 2025 awarded $52,500 in their native ETN token to decentralised application (dApp) developers who successfully demonstrated brilliant technical execution of their projects.The winners stood out thanks to their exceptional design quality, user experience, and scalability, among other key attributes.The goal of the Electroneum Hackathon, sponsored by Ankr, was to drive the creation of innovative, scalable, and functional dApps built on Electroneum’s Layer 1, EVM-compatible blockchain, which features 5-second single-block finality, low transaction costs, and high throughput.The Top Three Projects Awarded Over $20k in PrizesThe Grand Prize of $10,000 went to the ElectroSwap team, a decentralised exchange (DEX) built on Electroneum’s newly launched EVM-chain. With 5-second transaction finality, Electroneum stands among the top five fastest blockchains in the world.On X, Electroneum said that “the hackathon judges were thoroughly impressed with ElectroSwap_Dex’s commitment to security and risk management.” They also congratulated them for “leading the next generation of dApps built on Electroneum with a focus on innovation.”ElectroSwap facilitates innovations such as locked liquidity, and its smart contracts have passed multiple security audits. The Electroneum-based DEX also boasts excellent transparency, as transactions and other market movements are traceable in real-time.In second place, Decent Token creator Oguname Precious, also known as Nippy Sky, was inspired by the growing demand for simple and accessible tools for developers navigating the complexities of building ERC-20 tokens. Nippy’s simplification caught the judges’ eye, winning him and his project $7,500 in ETN.Oguname said his dApp “allows users to create ERC-20 tokens effortlessly. All they need to do is define the token name, symbol, and total supply, and the Decent Token Creator does all the rest, adhering, of course, to the ERC-20 standard.”Tanisq Gupta won 3rd place and the accompanying $5,000 award. Gupta’s AuditFi leverages Mistral AI’s large language model for a thorough and meticulous analysis of smart contract security. Gupta describes AuditFi as next-generation smart contract security that, thanks to AI, delivers instant on-chain reports with optimal accuracy and reliability.The Honourable Mention AwardsThe Electroneum Hackathon judges’ panel, which included blockchain experts from Electroneum, Ankr, AnyTask, NetworkUmbria, and VictusGlobal, also awarded four $2,500 Honourable Mentions.Gupta, who finished in 3rd place with AuditFi, also participated with ProtectedPay, an advanced DeFi platform for secure transactions, group payments, and smart savings across multiple blockchains. One feature worth mentioning is its escrow-like protection, which ensures that funds remain secure until claimed by the recipient.Ticket City by Isiaq A. Tajudeen and Anagha Madeleine also received one of the four honourable mentions. Their blockchain-based project aims to disrupt the event management industry by offering security, transparency, and efficiency.“By leveraging Electroneum’s infrastructure and their ETN token, Ticket City can provide a seamless experience for event creation, ticket distribution, and attendance verification,” said Tajudeen.ElectroPlay and ETN Buddy were also awarded prizes. Shahen Ox and Shahil A, creators of ElectroPlay, said their project aims to create a sustainable gaming platform that bridges web3 projects with engaging gameplay. They said their game is a state-of-the-art competitive game. ETN Buddy is the first memecoin with utility in ETN. Its ecosystem includes a game under continuous development and a utility NFT with exclusive benefits and reward multipliers. ETN Buddy is also the mascot of Buddy Battles, a platform developed by Lopez Onchain and GR 333. “It’s a new gameplay system that allows users to participate with any token, among other features.” Electroneum has been a leader in the mobile payments crypto sector since its launch in 2017, and with its recent EVM-compatibility and smart contract integration, the project promises to continue driving innovation across the web3 space.

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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