ETHGlobal

ETHGlobal Bangkok

Inco Network

$10,000

About

Inco (short for Incognito) is the universal confidentiality layer of Web3, powered by fully homomorphic encryption (FHE) and secured by Ethereum, enabling the development of next-frontier decentralized applications (dApps), providing confidentiality to existing blockchains and breaking down the final barrier to Web3 adoption at scale. Utilize our cutting-edge FHE (fully homomorphic encryption) tech to deploy confidential smart contracts with our fhEVM (FHE + EVM). Solidity knowledge is all you need, as our fhEVM streamlines the cryptography complexities.

Prizes

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💰 Best use of confidentiality for DeFi ⸺ $3,000

Up to 2 teams will receive $1,500

This track is for innovations that enhance privacy in decentralized finance (DeFi), enabling users to interact with DeFi protocols securely and anonymously. Whether through encrypted transactions, private lending/borrowing, anonymous trading, or other creative applications that balance user privacy with transparency.

Qualification Requirements

To complete this prize, the smart contract needs to be deployed on Inco Testnet, and the smart contract code has to be functional and complete. The projects will be judged based on completeness (bonus if there’s a UI), creativity, and clever utilization of confidentiality and/or randomness to enable use cases that aren’t feasible on regular EVMs. Submission should include: List of team members Video — project intro & overview (1-2 minutes) Video — project demo (5 minutes maximum) GitHub Clickable demo (optional) Short description of project and components leveraging FHE

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🎰 Best gaming application on Inco ⸺ $2,000

This category highlights blockchain-based gaming projects that showcase immersive gameplay and leverage the unique properties of Fully Homomorphic Encryption (FHE) to enable multiplayer settings.

Qualification Requirements

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🛠 Open Innovation track ⸺ $5,000

Up to 2 teams will receive $2,500

* Inco confidential computing facilitates a whole new Dapp design space on-chain with seamless developer experience. * We’re excited to see the possibility of web 2 businesses replicable in web3 contexts with on-chain confidentiality. Confidential ERC-20s enable new interactions with existing paradigms of DeFi (private AMM, money market, flashloan), web3 infrastructures (decentralized identity, private on-chain voting, auctions, social betting, data marketplaces), as well as businesses to be built on-chain (private payroll, token vesting and cap tables).

Qualification Requirements

- To complete this prize, the smart contract needs to be deployed on Inco Testnet, and the smart contract code has to be functional and complete. - The projects will be judged based on completeness (bonus if there’s a UI), creativity, and clever utilization of confidentiality and/or randomness to enable use cases that aren’t feasible on regular EVMs. - Submission should include: - List of team members - Video — project intro & overview (1-2 minutes) - Video — project demo (5 minutes maximum) - GitHub - Clickable demo (optional) - Short description of project and components leveraging FHE