We’re pleased to announce our second Coinbase Bitcoin Hackathon, with $70,000 worth of prizes and judged by leading Bitcoin experts and investors. Developers from around the world are invited to build a bitcoin-integrated application and to submit it for consideration by May 19th, 2015. The Coinbase API suite supports a wide variety of Bitcoin capabilities, to include creating bitcoin wallets, sending/receiving and buying/selling bitcoin, building bitcoin trading tools, and exploring raw blockchain data.
This hackathon is a distributed, six-week competition, open to anyone with an Internet connection. You are not required to be physically present. Entries will be accepted today through 11:59pm PST, May 19th, 2015.
For more information, read the FAQ below, and visit here to get started.
For all the terms and conditions for the competition, read more here.
Who should apply?
Individual developers or developer teams who have an idea for a Bitcoin app. There is no limit on the size of the team, nor any restriction around physical location. Just build an app that meets our official requirements, and submit it to us remotely.
What can I win?
First prize is $10,000 worth of BTC.*
Second prize is $5,000 worth of BTC.*
Third prize is $3,000 worth of BTC.*
Fourth prize is $1500 worth of BTC.*
Fifth prize is $500 worth of BTC.*
The top 5 applications (as ranked by our judges) will also compete for one slot in an upcoming BoostVC bitcoin accelerator class, which includes seed funding, mentorship, housing and more, valued at $50,000.
*value at time of announcement
What should I build?
We’re interested to see apps which highlight new use cases for Bitcoin, making bitcoin easier to use for wider audiences. Your app can be bitcoin-focused, or it can use Bitcoin technology to power the user experience. At a minimum, bitcoin and/or blockchain technology should be an essential part of your application, but your app is not required to be a payment application. For more ideas on what to build, please see this blog post.
What is the evaluation criteria and who will judge?
Criteria:
- Creativity: Does your app explore a new use case for bitcoin? Is it unique and innovative?
- Usefulness: Does your app make bitcoin easier to use?
- Execution: Does your app work?
Judging:
Entries will be judged by a team of Coinbase subject-matter experts, along with guest judges Adam Draper (BoostVC), Chris Dixon (Andreessen Horowitz), Fred Wilson (Union Square Ventures), and Gavin Andresen (Chief Scientist, Bitcoin Foundation).
How do I get started?
- Sign up here with valid contact information.
- If you elect to use the Coinbase API, you can sign up for a Coinbase account and create an app. You may also want to create a Sandbox account.
- Reference the Coinbase Developer site here.
- Join the discussion on Twitter and in the Coinbase Community
via The Coinbase Blog http://ift.tt/1HN5MJL
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