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HackAdTech by AdTech Holding opened its doors for IT specialists in Cyprus

hackadtech main (1)

Teams built amazing solutions for improving life in Cyprus and the AdTech industry

A few months ago I saw board ads in downtown Limassol advertising an open hackathon by AdTech Holding. Immediately I got curious. I love hackathons and in the past, I organised a few myself.

Usually, you don’t see ads in the streets advertising this kind of event. Kudos to AdTech Holding for investing so many resources in a grassroots tech event that helped to create more startups on the island.

The AdTech people were awesome and they invited me to be one of the judges. HackAdTech Open Hackathon was one of the most well-organised hackathons I have attended globally.

hackadtech team 1 hackadtech team 2

Due to some other trip, I arrived at the hackathon on the second day. The vibe was amazing. Men and women coding. Others practise their pitch for the final DemoFest. Some eating and discussing tech. It was a hackathon in one of the most luxurious hotels in Limassol. A hotel with amazing views and food.

hackadtech mingle 1


The AdTech people were so welcoming and made my day an experience to remember. Around 3:30pm the CEO of AdTech Holding Alex Vasekin arrived. We prepared a video interview with interesting insights. Stay tuned via our YouTube Channel.


The DemoFest started around 16.30 and 19 teams pitched their prototype solutions for 5 minutes each. The teams have built from prototype crowdfunding events platform, messengers that connects people who are looking for products, healthcare prototypes, blockchain and crypto projects utilising networks like polkadot, interactive maps of events in Cyprus, innovative contextual advertising methods in chat messages, tools for retention marketing utilising blockchain, advertising addons, recommendation algorithms, tools that automate text and advertising creatives. A team built an interesting support solution for the new trademark Cyprus Made that the government recently launched. 

team cyprus made hackadtech

Watch the Demofest if you want to learn more about the projects.

The jury team reviewed some high-quality AdTech and MarTech projects with global potential. It was interesting that most of the people were senior programmers and not students like in other hackathons.

This shows that age is just a number when you are a tech entrepreneur and that is the best time for someone to try entrepreneurship. According to statistics, more mature first-time entrepreneurs have more chances in building a successful startup.

When the pitches finished the Jury team left the room. The Jury team consisted of the CEO at AdTech Holding Alex Vasekin, the general manager of TechIsland Marios Giorgoudis, the investment manager of Exerte Partners Agni Photiou, the CRO at AdTech Holding Olga Dmitrenko, the Head of R&D Sergey Kozlov and Panis Pieri.

jury team


The winners were:

1st place – DADS

hackadtech main


2nd place – GOTCHA & CYAN MAP

hackadtech winners 2


3rd place – ILVO LEAD

hackadtech winner 3


People’s Choice – EVENTS CROWD

hackadtech winner people


“AdTech was born from the desire to revolutionise how we use digital technology and enhance the benefits it brings to society. This hackathon is the first step in what will hopefully become a traditional gathering that helps us pave the way for a better tomorrow. We are proud to have gathered such skilled teams! Congratulations to the winners, and let’s look forward to setting up the next iteration of the event,” says Alex Vasekin, CEO of AdTech.

alex vasekin hackadtech


The HackAdTech Winners

The winners of 1st prize were dAds. The team built a prototype platform for renting Ad space on the internet through the usage of NFTs and the Ethereum blockchain.

Members of the team are Aleksa Lazarevic (captain), Stefan Ranin, Mihailo Radovic, Milos Kojadinovic. The team flew from Serbia to compete in the hackathon and they won 20,000 EUR.

hackadtech dads


The winner of the 2nd prize was Gotcha. The team built a tool for retention marketing and communication for blockchain companies, that triggers clients’ actions on the blockchain, analyses them, prepares relevant personal communication based on the action type, parameters and client profile, and then sends a communication (visual and text) via email and NFT. The team won three scooters.

hackadtech gotcha


The 2nd prize was shared between two teams. The other team was Cyan Map. Cyan Map built an interactive map to find events in Cyprus faster and better than current solutions. The team won three scooters.

hackadtech cyanmap


The winner of the 3rd prize was Ilvo Lead. The team won drones and they have built a push recommendation algorithm for the AdTech market.

hackadtech ilvolead


The people’s choice award went to Events Crowd. They got the most votes. All attendees voted via slack. The team built a platform where you can crowdsource the funding of your event and manage it better.

hackadtech eventscrowd team


The main partners of the event were Cyprus Mail, TechIsland, Cyprus Computer Society, Cyprus Agile and Innovation Community and others.

We look forward for HackAdTech 2023.


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