• Hackathon Summary
• Hackathon Winners
  • Consumer Products Prize Winners
  • PayFi Prize Winners
• Organization

§Hackathon Summary

The Morph Consumer Buildathon engaged 262 registered developers and approved 108 projects globally over a six-week period. The event was organized to advance on-chain consumer finance, featuring two main tracks: ‘PayFi’, centered on payment solutions that integrate fiat and cryptocurrencies, and ‘Consumer’, focused on user-centric financial applications.

Participants developed a broad range of prototypes, such as improved budgeting tools, accessible investment platforms, and secure cryptocurrency payment solutions. The $15,000 USDT prize pool, along with additional incentives, encouraged the creation of technically proficient and practical entries. The diverse submissions reflected growing interest in blockchain-enabled consumer finance and demonstrated the potential for scalable solutions to enhance user experience, security, and financial literacy.

This buildathon underscored Morph’s commitment to encouraging practical innovation in consumer finance and fostering inclusive participation from the global developer community.

§Hackathon Winners

Awards were distributed across two categories: Consumer Products and PayFi. Projects were judged on their integration with Morph Layer 2, creativity, feasibility, professionalism, and both judges’ scores and AI-generated metrics.

§Consumer Products Prize Winners

Total Prize Pool: $7,000

• 1st Place:
  zkAssetRaffle: Implements a protocol using zero-knowledge proofs and encrypted QR codes for verifiable, privacy-preserving real-world asset raffles. This enables transparent and tamper-resistant merchant raffle operations.
• 2nd Place:
  MorphImpact: A DeFi-powered donation platform on Morph L2 allowing donors to stake crypto assets, preserve principal, and direct yield to NGOs. The platform uses smart contract automation to provide transparency and sustainable fundraising.
• 3rd Place:
  KindNest: An expense-sharing app utilizing Morph L2 smart contracts for transparent group contributions, emphasizing privacy, empathy, and accountability for small communities with shared financial needs.

§PayFi Prize Winners

Total Prize Pool: $8,000

• 1st Place:
  MorphStream: Offers real-time payment streaming through Morph L2, allowing continuous per-second disbursements for salaries and subscriptions. This supports dynamic, on-chain financial flows for payroll and recurring services.
• 2nd Place:
  Zest: Enables USDC transactions via WhatsApp, SMS, and USSD, primarily for Nigerian users without wallets. The project improves DeFi accessibility using familiar channels and simplified authentication.
• 3rd Place:
  PhonoMorph: Facilitates crypto transfers using phone numbers in place of wallet addresses, lowering onboarding barriers and improving user experience for cryptocurrency adoption.
• Honorable Mention 1:
  Earnx: A DeFi protocol that tokenizes African export invoices for instant liquidity, targeting trade finance gaps. It connects exporters and global investors through verified, on-chain invoice-based yield products.
• Honorable Mention 2:
  Morph Gift: A decentralized platform for sending USDT gift vouchers with personalized messages and expiration options, supporting batch operations on Morph L2 for secure and flexible digital gifting.

For the full list of submitted projects, visit: https://dorahacks.io/hackathon/morph-consumer-buildathon/buidl.

§Organization

About the Organizer: Morph

Morph is the Consumer Finance Layer for the onchain economy, purpose-built for real-world payments, savings, and yield. With ultralow gas fees, near-instant settlement, and natively composable DeFi infrastructure, Morph makes everyday finance possible onchain for the growing digital class.