web3devs win big at WyoHackathon

The WyoHackathon was a highly anticipated hackathon where participants were tasked with building a fully functional blockchain-related product in one weekend. More than 300 software developers from all over the world formed 30 teams to compete for a number of prizes. Wyoming has been incredibly innovative in the past year regarding blockchain technology, and their state government has led the way in proactive forward-thinking blockchain and cryptocurrency regulation, hence the anticipation from blockchain enthusiasts for this hackathon.

A team of developers from web3devs made the trek to the Cowboy State to participate. Aaron Anderson, David Bruno, Scott Finney, and Sam Steele created the Electronic Corporate Formation Portal to help blockchain businesses legally incorporate in the state of Wyoming and to help those companies comply with the new regulations Wyoming has enacted — and they did it in less than 48 hours.

The Electronic Corporate Formation Portal takes advantage of new Wyoming services that allow companies to incorporate an LLC with the state electronically instead of filling out paperwork manually. The web3devs team’s ECFP integrates with Wyoming’s new system and also allows companies to then create and associate cryptocurrency wallet addresses with the new LLCs, thereby complying with the state’s new financial regulations regarding blockchain LLCs.

The product they created was a hit, winning four awards including the final “Best for Wyoming” award. The judges included all 3 gubernatorial candidates in Wyoming as well as tech leaders in the Wyoming community and blockchain experts from around the country including Joseph Lubin, the co-founder of Ethereum and founder of ConsenSys.

The WyoHackathon was lots of fun and we had the opportunity to meet a lot of great people. Next stop is Atlanta! Check us out at EthAtlanta September 21-23 and check out what we’re going to build next.