Developers invited to build new crypto apps, trading tools, and fee-sharing models using Bags APIs and App Store
Bags.fm, a rapidly growing crypto-native launchpad designed for developers and creators, has announced the launch of the Bags Hackathon, a global competition aimed at encouraging builders to create new applications, developer tools, and innovative monetization models using the platform’s infrastructure. The initiative reflects the company’s broader effort to expand its ecosystem while empowering developers to experiment with new ideas in the Web3 space.
The hackathon coincides with the rollout of the Bags App Store, a marketplace where developers can build and distribute products that integrate directly with the Bags App platform. By using the platform’s APIs, participants are encouraged to develop a wide range of solutions, from advanced trading tools to creative fee-sharing systems and entirely new types of developer products. The goal is to inspire experimentation and uncover fresh approaches to building applications in the crypto ecosystem.
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Open to participants around the world, the competition welcomes experienced blockchain developers, traditional Web2 engineers interested in exploring on-chain technologies, creators, and students. Bags.fm expects strong participation from the global developer community and anticipates more than 1,000 project submissions throughout the event. By bringing together builders from different backgrounds, the hackathon aims to create a collaborative environment where new ideas can evolve into real products.
Finn Bags, founder and CEO of Bags.fm, emphasized that hackathons play a critical role in driving innovation. According to him, when talented developers are given the right tools and an environment that encourages experimentation, unexpected and transformative products can emerge. The Bags Hackathon is designed to foster exactly that type of creative energy, enabling builders to test ideas, launch prototypes, and potentially develop the next breakthrough project on the platform.
Participants in the competition will gain access to a variety of technical resources to help them build their projects. These include Bags API documentation, developer tools, and credits provided by ecosystem partners such as Solana, Helius, Meteora, Privy, DFlow, and Birdeye. Experts and representatives from these organizations will also take part as mentors and judges, providing guidance and evaluating submissions during the hackathon.
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Projects developed during the event are expected to focus on enhancing the Bags ecosystem. Developers are encouraged to explore ideas that expand fee-sharing models, strengthen trading infrastructure, or introduce entirely new user experiences for people interacting with the platform. The hackathon format allows participants to experiment quickly while testing how their solutions could function in real-world crypto environments.
For Bags.fm, the event is not just about generating new products but also about discovering talented builders who can contribute to the platform’s long-term growth. The company hopes that developers who participate in the hackathon will continue building within the ecosystem after the event, helping expand the range of applications available through the Bags App Store.
To support innovation and ensure promising ideas can continue to develop beyond the competition, Bags.fm has committed up to $4 million to the initiative. This includes $1 million dedicated to the current Bags Hackathon and an additional $3 million continuation fund designed to support winning teams and future developer competitions on the platform. Winning participants will receive grants, product launch support, and visibility within the broader Bags ecosystem.
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Through the launch of the hackathon and the new App Store marketplace, Bags.fm is positioning itself as a hub for developers building the next generation of crypto applications. By combining financial support, technical resources, and a global developer community, the company aims to accelerate innovation and help bring new ideas to life within the rapidly evolving Web3 landscape.
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