Ethereum, Tezos, Stellar Foundations back a hackathon to make crypto ‘useful and usable’

The foundations and firms behind five blockchain protocols - Ethereum, Tezos, Stellar, Oasis and NEAR - have partnered with an online hackathon event to make blockchains and cryptocurrencies “useful and usable.”

The hackathon, organized by design firm IDEO’s business unit IDEO CoLab, and token sale platform CoinList, starts on Aug. 5 and ends on Sept. 22, according to an announcement today. Participants will have to build blockchain applications and projects that “radically” simplify the user experience, bring people to cryptocurrencies and vice-versa.

“By putting the emphasis of the hackathon squarely on usability, we hope to push teams to expand the number of potential users and make their experiences accessible to new users who aren't already using crypto or decentralized applications,” Dan Elitzer, an investor at IDEO CoLab Ventures, told The Block.