Mezo

The Mezo hackathon, run in partnership with Encode Club, has concluded after six weeks of development activity. **Key Numbers:** - 65+ projects built - 400+ developers participated - 7 partners ran bounties - 3 competition tracks **Competition Tracks:** - Bitcoin Banking - Consumer dApps - MEZO Utility **Next Steps:** The 9 finalists will be announced on July 5th alongside Supernormal Foundation. Winners will share $30,000 in veMEZO tokens. The hackathon demonstrates growing developer interest in building applications on Bitcoin infrastructure through the Mezo platform.

Mezo is implementing a **ve-nomics** (vote-escrowed economics) system as the foundation for Bitcoin's decentralized loan infrastructure. **Key Points:** - Matt Luongo explains the technical approach to building ve-nomics on the Mezo platform - The system aims to create a decentralized loan book specifically for Bitcoin - This represents a fundamental rethinking of how Bitcoin holders can store and deploy wealth - The model rewards productivity while maintaining Bitcoin's scarcity principles ve-nomics typically involves token holders locking up assets for voting rights and rewards, creating aligned incentives between users and protocol governance. By applying this to Bitcoin lending, Mezo is attempting to bring DeFi functionality to Bitcoin in a way that preserves its core monetary properties. The project positions itself as more than traditional DeFi - it's framed as infrastructure for a "new monetary era" where Bitcoiners can actively participate in lending markets while maintaining the security and scarcity that defines Bitcoin.

The MEZO airdrop registration window has officially closed as of January 21 at 23:59 UTC. Thousands of participants who qualified through the Nansen points program completed their registration before the deadline. **Current Status:** - Registration portal is now closed - Team is verifying all submitted entries - Distribution updates will follow verification process Participants are advised to monitor official channels for upcoming distribution announcements.