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Nsikan Solomon
@enncryptopedia
What Happens After a Hackathon? While hackathons serve as excellent platforms for demonstrating ideas, many participants face a dilemma once the event concludes. Despite the enthusiasm generated during the hackathon, it is common for winning teams to abandon their projects due to a lack of time or resources. This phenomenon often leads team members to return to their daily lives, leaving projects without dedicated maintenance. Consequences of Abandonment This neglect undermines the core essence of hackathons, which is to support builders in evolving their ideas into comprehensive projects. If a simple prototype can gain recognition at a hackathon, imagine the potential impact of fully developing that product in the market. Statistically, about 70% of hackathon projects are abandoned within six months, and 60% of winning teams fail to secure follow-up funding (source: Hackathon Report, Startup Genome). This abandonment has several far-reaching consequences
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