Basethe blockchain incubated by Coinbase, announced the closure of “Based LatAm Buildathon” held in Buenos Aires, which recognized projects from all over Latin America. This event brought together developers from across the region to use onchain technology to solve problems in local contexts that will drive the next evolution of the Internet: an open and global onchain economy.
Among the winning ventures was OpenVinowhich offers a real-world asset (RWA) tokenization and traceability solution for the wine industry in Argentina and other countries in the region, facilitating transparency and trust in the supply chain.
Among the winners, who were divided equally 25 ETH (around 60 thousand dollars)companies from Chile, Peru and Bolivia were also found. More than 100 projects were presented, among which Argentine projects stood out that not only addressed financial issues associated with the crypto universe, but also demonstrated that the blockchain world came to revolutionize different types of industries, be it wine or ventures related to initiatives. greens.
Mike Tango Bravo, founder of OpenVino, said: “For us, the future is Base. Over 90% of our clients are not crypto natives. Base gives us the tools we needed to bring web3 to the world of wine. If ever there was an asset in the real world, it’s a bottle of wine. Health”.
For his part, the founder of Base, Jesse Pollak, said: “Our mission is build a global onchain economy that increases innovation, creativity and freedomand we know we can only do it with talented builders from around the world. We believe that bringing more people to onchain will help increase economic freedom by putting everyone on the same playing field, and giving people the tools they need to grow their businesses. “We are very excited to see diverse onchain projects throughout Latin America, and delighted to congratulate the 8 winners who built incredible onchain projects.”
In addition to OpenVino, the list of the winning projects of the Base LatAm Buildathon is the following:
-Bondi Finance: Helping business owners in LatAm grow their businesses.
-CrediTalent: Its objective is to connect users in Latin America with loans based on reputation.
-CLPD Stablecoin: A stablecoin backed by the Chilean peso 1:1, offering a safe and stable solution for the unbanked, connecting them to the global economy.
-BOBC Stablecoin: A decentralized and collateralized stablecoin linked to the Boliviano (BOB) that promotes the adoption of cryptocurrencies in Bolivia.
-BuildMyEvent: A code-free platform that allows event organizers to securely issue NFT tickets throughout Latin America, combating ticket resale and counterfeiting.
-Sowing Change: Focused on improving Lima’s green infrastructure, this project leverages NFTs to coordinate and ensure transparency of donations and volunteer work in local Peruvian communities.
-AI Agent for Coinbase Wallet: AI Agent is a project that simplifies crypto for Latin America through real-time voice interactions powered by AI. AI Agent addresses two challenges: complex user interfaces and language barriers.
He “buildathon” is part of Base Around the World, a series of regional buildathons in Africa, India, Southeast Asia and Latin America, powered by Devfolio.
Onchain technology is especially revolutionary for emerging economies. Base offers a 24/7 global payment method that works at the speed of the Internetas well as a low-cost technological layer that anyone can use to create onchain applications, such as for financial exchange, social media or entertainment.
Basic transaction costs, typically less than 1 cent, and speeds of less than 1 second make onchain technology more accessible to everyone. This buildathon aimed reward local builders in Latin America who are using onchain technology to solve local challenges.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
