Online applications are invited for Rootstock Bitcoin Scaling Hackathon. The last date for online applications is July 19, 2023.
About Rootstock Bitcoin Scaling Hackathon
Join the electrifying Rootstock Hackathon and showcase your talent in the realm of Bitcoin-powered smart contracts and Web3 solutions. Are you ready to seize this opportunity and unlock your potential? Dive into the Rootstock Hackathon, a thrilling journey where you can compete alongside the brightest minds in the industry.
By participating in this Hackathon,
- You not only have a chance to win amazing prizes but also to qualify for Rootstock’s new Grants Programme.
- The top projects will be fast-tracked into the amazing new initiative to support builders, developers, and entrepreneurs.
- This program is designed to aid and nurture promising projects, helping you bring your innovative ideas to life.
Hackathon Themes
We are entering an era of Everyday DeFi. This is a new phase for crypto adoption, whereby we would see the technology cross the chasm, moving from addressing the Early Adopters to the Early Majority in order to serve more regular users. This is where the first billion users will be onboarded to crypto and Web3. It’s a goal that the Rootstock and RIF ecosystem can achieve only by partnering with its growing builder community.
- Merge… Bitcoin Networks
- To merge Bitcoin Networks is to enable greater interoperability of different blockchain ecosystems built on or with Bitcoin. This theme aims to encourage the development of innovative solutions that enable seamless transfers of digital assets and information between Rootstock and other ecosystems.
- Create… User-centric Utility
- Effective user engagement requires thoughtful utilities and incentive design. This theme aims to fund projects that promote the adoption of Rootstock in innovative and meaningful ways, with a particular focus on real-world use cases and token economy.
- Aggregate… DeFi Liquidity
- A sustainable DeFi ecosystem is well connected at many different levels with user-centric blockchain networks. This theme aims to reward innovative solutions that introduce new functions and liquidity through strategic integrations of marketplaces, consumer dApps, and other relevant platforms.
Submission Guidelines
Interested Candidates can submit their Projects Here.
For the duration of the Ideathon, Hackathon, and Bounties program, we require all teams to submit their proposals via our GitHub repositories.
Submission Process
To submit your project, please follow these steps:
- Fork this repository: GitHub Repository
- Create a folder with your project name and include all the deliverables of your project inside it.
- Submit a pull request (PR) with your folder. This is what will be reviewed during the judging stage.
How to Apply?
Interested Candidates can apply for the hackathon by visiting here.
Prizes
$25,000 in prizes will be up for grabs during the hackathon and more after the event! The prize pool will be split into two phases, with $7K allocated to the idea submission phase and $15K to the project submission. Furthermore, we have a selection of bounties for $3K.
| Phase I – Ideathon | Prize |
|---|---|
| First place | $3,000 |
| Second place | $1,800 |
| Third place | $1,000 |
| Fourth place | $800 |
| Fifth place | $400 |
The Top 25 submissions will also qualify for the Hackathon phase.
| Phase II – Hackathon | Prize |
|---|---|
| First place | $10,000 |
| Second place | $4,000 |
| Third place | $1,000 |
The Top 15 projects will be eligible and invited to the new Rootstock Grants Programme.
Important Dates
IDEATHON
- STARTS ON:
- May 16, 2023, 09:30 AM IST.
- ENDS ON:
- Jun 19, 2023, 06:30 PM IST.
HACKATHON
- STARTS ON:
- Jun 19, 2023, 06:31 PM IST.
- ENDS ON:
- Jul 10, 2023, 06:14 PM IST.
Click here to view the official notification of the Rootstock Bitcoin Scaling Hackathon.
