Build The Next Big Thing In Bitcoin

Build The Next Big Thing In Bitcoin

October 8, 2021 0

Since the launch of the Lightning Network, the use cases of Bitcoin have significantly expanded which has further necessitated the need for the next “building block” in the Bitcoin and African business community to be built.

At Bitnob, we are constantly looking to build (and support building) the next big thing in Bitcoin and we believe the Bitnob API can be an integral part of that conversation. 

The Bitnob Hackaton competition is designed to foster integration of businesses with the Bitnob for Business API. 

This competition aims to make the Bitnob for Business API mainstream with developers, businesses, and other corporate entities.

How Does It Work?

Selected teams are expected to develop a Minimum Viable Product (MVP) built on the Bitnob for Business API. 

The main goal is to create a solution for any number of problems that Bitcoin and the Lightning Network can solve in the African business space. Focus must be especially be placed on:

  1. Solving business problems in the African space.
  2. Solve the aforementioned problems with the Bitnob for Business API.

Selection Criteria

Selected teams will have their results judged based on a number of criterions, with emphasis on:

  1. A hosted minimum viable product (MVP).
  2. A clear correspondence/effect between the identified problem and proposed solution.
  3. A realistic Minimum Viable Product (MVP) that solves a major problem in the African business space. 

How Do I Sign Up?

Sign up via the Bitnob Hackathon Form. All participants are required to fill in their Team name, product description, and relevant details for their team members.

Also included in the form is a link to the Bitnob for Business API documentation

Participants will be added to a private Slack channel for intra-communication purposes where further information on the Hackathon will be shared.

Hackathon Competition Timeline

Registration for the hackathon closes on 23rd October, 2021 at 00:00 Midnight, WAT.

23rd October – 23rd November: Teams will build a MVP to be submitted on or before 23rd November, 2021.

Hackathon Reward

Prizes will be awarded to the top 3 teams:

1st position –  $2500

2nd position – $1500

3rd position – $1000

*Consolation prizes will be awarded to other top participants.

Are you bubbling with ideas on how to make Bitcoin adoption more mainstream via the Lightning Network? Register your team today to cement your place in African Bitcoin folklore. 

Editorial Team
Editorial Team

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