1 year ago
Bitcoin (BTC) Startup Lab announced the 2nd variation of its Bitcoin Olympics Hackathon, wherever innovators basal to triumph implicit $100,000.
The contention volition pit respective contestants pitching their ideas for the Bitcoin DeFi and Ordinals movement. It would supply a accidental for the adjacent procreation of ideas that volition alteration the Bitcoin system to emerge.
Participating teams successful the contention indispensable taxable a 3-minute video pitching their team, the occupation they are solving, the solution, and however it volition payment users and code a symptom constituent wrong the crypto community. Participants indispensable registry betwixt August 9 and September 17.
Albert Liang, Bitcoin Startup Lab CEO, told CryptoSlate that the lawsuit “is to support, reward, and observe the innovative tone of founders and builders connected Bitcoin.” Liang further urged aspiring founders and developers to partake successful the Olympics arsenic it would thrust the “innovation frontier” wrong the BTC ecosystem.
Individuals and teams tin apply, with the Bitcoin Olympics allowing individuals to beryllium portion of respective teams. The contention besides offers matching opportunities for individuals that participate the contention to squad up with others.
Those that registry volition enactment successful classes and lectures portion besides getting vulnerability to mentors and experts. These let them to fine-tune their ideas earlier last submission connected October 1. The winners volition beryllium announced connected October 9.
Judging criteria see novelty, imaginable interaction connected the Bitcoin community, technological implementation, impervious of involvement and traction, and presumption quality.
Although the judges person not been announced, the organizers stated they would beryllium qualified professionals from the Bitcoin Startup Labs oregon outer experts.
Several prizes are up for grabs, with the expansive prize being $30,000 from the sanction sponsor Sora Ventures. Other Sponsors of the competition, specified arsenic Rootstock, Interlay, and others, are besides offering antithetic rewards, including tech-specific prizes and mentorships.
There’s a $20 submission fee, but applicants tin waive this by engaging with BTC Startup Lab’s Twitter relationship and Discord channel.
The station Bitcoin Olympics invites DeFi visionaries to contention successful $100,000 hackathon appeared archetypal connected CryptoSlate.
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