08 Apr '15, 4pm

Coinbase Announces Bitcoin Hackathon with $70,000 in Prizes

Coinbase has announced details of its second hackathon competition, including $70,000 in bitcoin prizes and an all-star judging panel. The company, which offers a number of developer tools, says it is seeking apps that will find new use cases for bitcoin and make it "more approachable". Prizes range from $10,000 (1st place) to $500 (5th place) in bitcoin at the time the awards are delivered. Judging the submissions will be investors Adam Draper , Chris Dixon , and Fred Wilson , alongside Gavin Andresen , chief scientist at the Bitcoin Foundation. Developers that make it into the judge's top five will have a chance to compete for a place in Silicon Valley bitcoin accelerator Boost VC , run by Draper, which includes $50,000-worth of support, mentoring and accommodation. Over 112 entries were received for last year's event, with a geotagging app named CoinPlanter – which allo...

Full article: http://www.coindesk.com/coinbase-announces-bitcoin-hackat...

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