BlockHack Hackathon - BCH Covenant Challenge

Historical date (unverified)

2024-07-30

Amount basis

Pledges reported by the source; this is not a current contract balance.

Earlier archive classification

success · superseded by the latest source evidence

FundMe listing state

stopped

Creator completion statement

Not marked complete.

Delivery evidence

Not independently established

Support the Bitcoin Cash Covenant Challenge at Blockhack Fall Help Us Promote the Awareness and Adoption of Bitcoin Cash Covenants. Join us at the upcoming BlockHack Fall 2024, happening on November 8-10 in Toronto. This initiative aims to introduce the power of Bitcoin Cash covenants to a wider audience in the blockchain community, sparking interest and inspiring innovative ideas for real-world applications. What Are Bitcoin Cash Covenants? Bitcoin Cash covenants enable developers to program more complex conditions on transactions, opening up possibilities for applications like decentralized exchanges, token systems, smart contracts, and more! Despite their potential, many blockchain developers remain unaware of the advances happening in the Bitcoin Cash ecosystem. This challenge is designed to change that. Why Are We Raising Funds? All funds raised will go directly toward a prize pool for the Bitcoin Cash Covenant Challenge. The goal is to create a dedicated track for participants to explore the possibilities of covenant transactions, fostering the creation of new use cases and integrating covenants into broader blockchain solutions. The prize pool will reward the top three teams that come up with the most innovative and impactful ideas using Bitcoin Cash covenants. How Your Contribution Makes an Impact By contributing to this campaign, you are helping to: Raise Awareness: Spread knowledge of Bitcoin Cash covenants among the blockchain community. Promote Adoption: Encourage developers to experiment with covenant transactions and discover new ways to integrate them into diverse applications. Inspire Innovation: Create opportunities for teams to develop real-world solutions that leverage Bitcoin Cash's unique capabilities. Expected Outcomes The challenge aims to produce: Creative and practical projects that demonstrate the potential of Bitcoin Cash covenants. Broader adoption among blockchain developers who will bring new eyes and fresh perspectives to Bitcoin Cash. Increased recognition of Bitcoin Cash’s unique features within the blockchain and web3 communities. How Will the Funds Be Used? 100% of the funds will be allocated as prizes for the top three projects: 1st Place: 50% of the prize pool 2nd Place: 30% of the prize pool 3rd Place: 20% of the prize pool Your support will directly incentivize participants to think outside the box, ensuring that Bitcoin Cash covenants take center stage at this important event. Support the Future of Bitcoin Cash Development! Join us in making a difference at BlockHack Fall 2024 by contributing to the Bitcoin Cash Covenant Challenge. Let’s work together to show the blockchain world what’s possible with Bitcoin Cash and inspire the next wave of innovation.