Based on Biji.com, Cronos has launched the x402 PayTech Hackathon, offering a $42,000 prize pool to incentivize developers to build AI-native payment applications on its upgraded blockchain network. The event, open for registration via DoraHacks, will run from December to January and aims to explore innovations in automated settlement, smart wallet tools, and real-world asset payment integrations. Cronos recently improved its network performance, reducing gas fees by 90%, increasing daily transaction volume by nearly four times, and cutting block time to under one second. The initiative is part of Cronos' broader push to position itself as a foundational layer for institutional tokenization and AI-driven financial infrastructure.
Cronos Launches x402 PayTech Hackathon with $42,000 Prize Pool for AI-Powered Payment Apps
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