Last year, one of the most important events on the NEAR protocol was the MetaBUILD, which focused mostly on the metaverse. In the end, NEAR awarded approximately $1 million in prize money to projects. NEAR, on the other hand, is back with another MetaBUILD hackathon. A blockchain hackathon is a competition in which programmers and developers can demonstrate their abilities. These participants collaborate to create a decentralised application (dApp).