Coinbase Hackathon Accused of Awarding Prizes to Fake Apps Linked to Employees

The hackathon event of Coinbase's Base network is under heavy criticism. After investigation, community members found that the winning projects may be related to Coinbase employees. Last month, the platform held the "On-Chain Summer Awards" competition, with more than 500 developer teams competing for a $200,000 prize. The organizers said that the winners were selected based on the actual user engagement of the application. But when the results were announced on October 7, the developers noticed something strange. Ogvio co-founder Alanas conducted an in-depth investigation and found that owatch and Opi Trade, which won second and third places, seemed to be fake applications. They were web pages with no actual functions created by AI. And these fake projects are related to Coinbase employees. The legitimate team with actual products lost to the shell project. There are many developers who have launched practical applications on the participating list. They angrily asked the Base team to explain why the fake project won the award on social media, but the organizers