DMCC and Bybit Launch Third Web3 Unleashed Hackathon with $140K Prize Pool

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DMCC, the leading international business district in Dubai, and global crypto exchange Bybit have opened applications for the third edition of their international Web3 hackathon, Web3 Unleashed #3. The competition features a $140,000 prize pool and aims to connect global developers and founders with investors and ecosystem leaders.


Program Overview and Mission

Building on the success of previous editions, Web3 Unleashed returns with an expanded focus, introducing two new tracks: DeFAI (bridging decentralized finance and AI) and DeSci (focused on decentralized science and research innovation). These complement existing tracks in DeFi, Web3 Gaming, SocialFi, Infrastructure, and Tokenization. The mission is to spotlight practical solutions to real-world challenges and accelerate the development of early-stage Web3 ventures.

“With Web3 projected to become a USD 40 billion market by 2030… DMCC is building the ecosystem where the next breakthroughs will happen,” said Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC. “Through Web3 Unleashed, we are cementing the leading position of Dubai as the launchpad for Web3 innovation at scale”.


What Participants Will Receive

The top teams will gain significant support and exposure. The program includes:

  • A total prize pool of $140,000 to supercharge project development.
  • The opportunity for the top 5 teams to compete in a live demo day in Dubai on November 26, 2025.
  • A chance to present to a curated audience of investors, advisors, and sector specialists.

Who Should Apply?

The hackathon is open to a wide range of innovators in the Web3 space, including:

  • Global developers
  • Founders
  • Entrepreneurs

Key Dates and How to Apply

Application Deadline: Applications are open from September 1 to October 5, 2025.

Key Dates:

  • Remote Screening: October 6 – 20
  • Top 10 Projects Announced: October 22
  • Demo Day & Afterparty: November 26

How to Apply: Applications can be submitted via the official application form here.


About the Organizers and Partners

The hackathon is a collaboration between DMCC, which hosts the largest crypto ecosystem in the region with over 700 members in its Crypto Centre, and Bybit, a leading global crypto exchange. “Over the past years, this initiative has grown into one of the most vibrant platforms for innovators to bring their boldest Web3 ideas to life,” said Ben Zhou, Co-founder and CEO of Bybit. The event is also supported by leading industry players including DWF Labs, Hacken, and Cointelegraph.

Source: Business Insider

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