ETHGlobal Lisbon wrapped up this week with a clear theme: The Graph is becoming a backbone for AI on blockchain. The event handed out $15,000 in prizes to 10 projects, all of which leaned heavily on The Graph's indexing protocol to power AI-driven applications.
The Graph's role in the winning projects
Every one of the 10 winning teams used The Graph to query on-chain data for their AI models. Instead of building custom indexers, they tapped into The Graph's decentralized network. That saved them weeks of development time, according to the event organizers. The projects ranged from automated trading agents to on-chain reputation systems.
Prize breakdown and judging
The $15,000 pool was split among the top 10, with the first-place team taking $5,000. Judges looked for practical use of The Graph's subgraphs and real-world AI integration. The event didn't disclose the exact names of the winning projects, but said they came from teams based in Europe, Africa, and Asia.
Why Lisbon
ETHGlobal has been running hackathons across the globe for years. Lisbon was chosen for its growing tech scene and relatively friendly crypto regulations. The Graph's presence at the event signals that the protocol is moving beyond just DeFi data and into the AI space.
The Graph Foundation is expected to release a report on the hackathon's outcomes in the coming weeks. Some of the winning teams have already been approached by venture firms, though no deals have been announced yet. The next ETHGlobal event is scheduled for Singapore in October.
