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HTX Genesis Hackathon Successfully Concludes: Fueling Ecosystem Growth and Long-Term $HTX Value

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APIA, Samoa, July 24, 2026 /PRNewswire/ — After nearly three months of competition, the HTX Genesis Hackathon, co-hosted by HTX DAO and B.AI, with TinTinLand serving as organizer, has successfully concluded. The program progressed from its launch in Hong Kong through project reviews, Demo Day presentations, and the online grand finals, showcasing how global developers and startups are pushing the convergence of artificial intelligence and Web3 beyond theory and into innovative real-world applications and technologies.

For HTX DAO, however, the hackathon was never intended to be a standalone competition. Rather, it represents the first step in a broader strategy to cultivate a sustainable developer ecosystem, one that emphasizes project discovery, early-stage funding, ecosystem collaboration, and community governance. By continuously expanding real-world use cases for $HTX, the initiative is designed to strengthen the long-term foundations of the HTX DAO ecosystem.

Over 200 Participants Competing for the Next-Level Builders

As AI rapidly evolves from a productivity tool into autonomous agents capable of analyzing information, making decisions, and executing complex tasks, Web3 is providing infrastructure for digital identity, asset ownership, value transfer, and open coordination. This convergence is creating new opportunities for the next-generation builders, across on-chain asset management and automated trading via AI agents and AI-driven payment, wallet, security, and DeFi applications.

To provide a launchpad for these groundbreaking ideas, the HTX Genesis Hackathon was launched under the theme of “AI × Web3,” attracting over 200 innovative projects from around the globe.

Over nearly three months, the competing teams advanced through a rigorous evaluation process that included technical reviews, live product demos, and final pitch presentations. Rather than rewarding purely conceptual ideas, the HTX Genesis Hackathon’s judges prioritized technical execution, product maturity, real-world utility, and long-term potential, inspiring builders to transform early prototypes into functional, verifiable, and continuously adaptable products.

Submissions spanned a diverse range of tracks, including AI trading, AI payments, AI agents, AI wallets, AI infrastructure, developer tools, security, and DeFi. Spanning end-user applications to foundational tools for developers and the broader ecosystem, these projects demonstrated the immense potential of combining AI with on-chain finance, digital asset management, and open collaboration.

From its kickoff in Hong Kong to the online grand finals, the hackathon went beyond surfacing top-tier innovations, bringing together developers, judges, partners, and community members into a thriving, builder-centric gala.

From Hosting a Competition to Building an Ecosystem Mechanism

The true value of a hackathon goes far beyond its registration numbers, prize lists, or event buzz. What ultimately defines its lasting impact is whether standout projects receive ongoing support long after the curtains close, enabling them to evolve from prototypes into products, and from projects into thriving ecosystems.

For this reason, HTX DAO did not position the Genesis Hackathon as a one-off event, but rather as a gateway to building a developer ecosystem.

With the conclusion of the event, the HTX DAO Genesis Program will build on the projects, talent, and collaborative resources gathered during the hackathon. Together, they will establish a long-term support framework driven by “Hackathon + Genesis Grant + Ecosystem Collaboration Network”:

The Hackathon is responsible for discovering innovative projects and outstanding builders, providing a stage to validate and showcase early-stage ideas;The Genesis Grant offers further support to projects with technical innovation, application potential, and ecosystem value;The Ecosystem Collaboration Network connects technology, community, market, capital, and application scenarios, helping projects obtain the resources needed for long-term growth.

With this mechanism, a project’s connection with HTX DAO does not end when the awards are handed out. Outstanding teams have the opportunity to continue participating in ecosystem collaboration, gaining support across product iteration, technical integration, marketing, and community building.

Through this, HTX DAO aims to build a sustainable growth flywheel for builders: discovering projects through hackathons, nurturing development via Grant, driving real-world deployment through the ecosystem network, and ultimately allowing new applications and users to enrich the ecosystem.

Empower Community in Project Discovery While Expanding $HTX Use Cases Through Co-Building

As a core pillar of the HTX DAO ecosystem, $HTX derives its value not just from market performance, but from the real-world utility it absorbs across governance, ecosystem building, and collaborative development.

The HTX Genesis Hackathon offered $HTX a dedicated use case to bridge token utility directly with the developer community. During the event, community members can stake $HTX to receive sHTX and vote on shortlisted projects. By combining community voices with expert judging, the evaluation process enabled $HTX holders to transition from passive spectators into active participants, shaping the discovery and curation of groundbreaking projects.

This mechanism reflects HTX DAO’s long-term vision for governance token empowerment: $HTX is not merely a trading asset, but also serves as a participation credential connecting users, developers, project teams, and ecosystem resources.

Moving forward, the Genesis Program will unlock even deeper utility for $HTX across the ecosystem:

Governance: Connecting community members directly to ecosystem initiatives to grant holders a real voice in project support and resource distribution.Developers: Forming new building scenarios around Grant, hackathons, and ecosystem collaboration;Applications: Expanding real-world utility for $HTX by embedding it into AI payments, AI wallets, DeFi, and on-chain services.Community: Strengthening user participation through staking, voting, and ecosystem activities, forming a more sustained co-building relationship.

True token empowerment isn’t about chasing hyped narratives or dishing out short-term incentives but consistently building real, participatory, and verifiable use cases. $HTX gains its ultimate value foundation when developers actively build on HTX DAO and projects tap into its ecosystem to create lasting utility.

Bringing Together Innovative Developer Teams to Drive HTX DAO Ecosystem Growth

In the Web3 ecosystem, developers have always been the driving force behind turning innovation into reality. Every protocol, application, tool, and piece of infrastructure ultimately stems from the relentless effort of builders.

The HTX Genesis Hackathon brought together more than 200 AI and Web3 projects, showcasing a wide range of innovative solutions. It also marks a clear shift in HTX DAO’s strategy from expanding beyond community governance and tokenomics to building a thriving developer and application ecosystem.

Next, the HTX DAO Genesis Program will focus on supporting projects in areas such as AI trading, AI payments, AI agents, AI wallets, AI infrastructure, developer tools, security, and DeFi. The program is looking for teams with strong technical expertise, compelling products, and a long-term commitment to building in Web3.

Some projects are still at the prototype stage, while others are seeking market adoption. Building a thriving ecosystem takes time. Through funding, technical support, community engagement, market access, and strategic partnerships, HTX DAO aims to help projects evolve from early-stage prototypes into scalable, real-world applications.

As more projects join the Genesis Program, HTX DAO aims to foster a cycle of developer participation, project growth, application launch, user adoption, and ecosystem expansion. Every new project, every real-world use case, and every community member has the potential to contribute to the long-term growth of the $HTX ecosystem.

The Hackathon Ends. The Genesis Program Begins.

From its kickoff in Hong Kong and 200+ project registrations, to the Demo Day and online grand finals, the HTX Genesis Hackathon has delivered on its opening mission: bringing hidden innovation to the spotlight and bridging builders with the broader ecosystem.

For HTX DAO, the conclusion of the event is not a full stop.

In its next phase, HTX DAO will continue supporting high-potential AI and Web3 projects through the Genesis Grant and Ecosystem Collaboration Network to unlock new opportunities for $HTX utility driven by community engagement, developer building, and real-world adoption.

A hackathon can discover outstanding projects, but only a long-term mechanism can keep innovation happening.

The HTX Genesis Hackathon has ended, yet HTX DAO’s ecosystem building has just begun.

About HTX DAO

HTX DAO is a decentralized autonomous organization (DAO) collaboratively built by community members, early contributors, and global advisors. Supported by HTX Exchange and the TRON blockchain ecosystem, HTX DAO is committed to establishing an open governance ecosystem led by users, governed by transparent rules, and driven by efficient collaboration, serving as a key engine in advancing decentralized finance (DeFi).

HTX DAO embodies the principle of “token holders govern”, aiming to inspire global consensus and participation, align community interests with platform value, and explore a new order in the world of crypto finance.

Contact Information

Website: www.htxdao.com

 

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

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RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

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