Hackathon Overview

The Morph Consumer Buildathon attracted 262 developers to register and, over six weeks, 108 projects were approved worldwide. With the core goal of promoting on-chain consumer finance, the event featured two main tracks: "PayFi," focusing on integrating fiat and cryptocurrency payment solutions; and "Consumer," dedicated to developing user-driven financial applications.

Participants developed a variety of project prototypes, including optimized budget management tools, investment platforms with lower barriers to entry, and highly secure cryptocurrency payment solutions. The event offered a 15,000 USDT prize pool and other incentives, effectively encouraging entries that demonstrated both technical prowess and practical application value. These diverse projects reflect the industry's growing interest in blockchain-enabled consumer finance and the potential value of scalable solutions in optimizing user experience, strengthening security, and enhancing financial literacy.

This developer marathon event fully demonstrates Morph's firm commitment to encouraging practical innovation in the consumer finance field and promoting broad participation of the global developer community.

Hackathon Winning Projects

Awards are divided into two categories: Consumer Products and PayFi. The judging criteria include integration with Morph Layer 2, innovation, feasibility, and professionalism.

Consumer Products Award Winners

Total prize pool: $7,000

• First Prize:

zkAssetRaffle: Uses zero-knowledge proofs and encrypted QR codes to implement a verifiable, privacy-focused real-world asset raffle protocol, making merchant raffle operations transparent and tamper-proof.

• Second Prize:

MorphImpact: The Morph L2 DeFi-based donation platform allows donors to stake their crypto assets, retain their principal, and direct proceeds to NGOs. The platform leverages smart contract automation to ensure transparent and sustainable fundraising.

• Third Prize:

KindNest: A cost-sharing application based on Morph L2 smart contracts, providing group collaborative financial tools that focus on privacy, empathy and responsibility for small communities with shared financial needs.

PayFi Awards Winners

Total prize pool: $8,000

• First Prize:

MorphStream : Realizes real-time payment flow through Morph L2, provides second-by-second payment for salaries and subscriptions, supports dynamic financial flows on the chain, and facilitates salary and periodic service scenarios.

• Second Prize:

Zest : Supports sending USDC to Nigerians via WhatsApp, SMS, and USSD, no wallet required. Leveraging familiar channels and simplified authentication methods, this platform improves DeFi accessibility.

• Third Prize:

PhonoMorph : Transfer cryptocurrency via mobile phone number, replacing wallet addresses, lowering the user entry threshold and improving the cryptocurrency usage experience.

• Honorable Mention 1:

Earnx : A DeFi protocol that tokenizes African export invoices for instant liquidity, focuses on trade finance challenges, and connects exporters and global investors through on-chain verified invoice revenue products.

• Honorable Mention 2:

Morph Gift : A decentralized USDT gift certificate sending platform that supports personalized messages and validity period selection. Batch operations rely on Morph L2 to achieve secure and flexible digital gifting.

To view a list of all submitted projects, please visit: https://dorahacks.io/hackathon/morph-consumer-buildathon/buidl .

About the Organizer

Morph

Morph is the Consumer Finance Layer for the on-chain economy, purpose-built for real-world payments, savings, and earnings. Through ultra-low gas fees, near-instant settlement, and natively composable DeFi infrastructure, Morph empowers the growing digital population to conduct everyday finance on-chain.