How to Secure Web3 Project Funding via Grants and Hackathons

Web3 funding via grants and hackathons is a vital resource for early-stage projects. In a recent BitPinas webcast, host Michael Mislos spoke to Filipino developer Mark Dave Manansala, whose team won the TOKEN2049 Origins Hackathon. Manansala built a working prototype in six hours to claim a $6,000 prize and unlock a potential $100,000 follow-up grant. He outlines a practical playbook for securing Web3 funding: scouting relevant events, preparing winning proposals and prototypes, and avoiding “grant farming” traps that reward quantity over innovation. He also explains how to convert a hackathon victory into an incubator slot, ongoing mentorship, and serious follow-on funding. Filipino builders can leverage this insider roadmap to secure the right grants and hackathon prizes, gain exposure, and scale their startups effectively. This guide equips crypto traders and developers with actionable strategies to navigate the Web3 funding ecosystem.
Neutral
This news outlines funding opportunities rather than market-moving developments. It reinforces the long-term growth of the Web3 ecosystem by highlighting grants and hackathons as capital sources, but it lacks any immediate catalyst for token price shifts. Similar guides have historically raised developer interest without triggering direct trading activity. Traders may view this information as a neutral signal—useful for spotting emerging projects but unlikely to influence short-term market volatility.