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Blockchain hackathon gives developers a chance to innovate

Posted: 23 February 2018 8:09 am

A blockchain hackathon, being held on 24-25 February in Sydney, will give innovators a chance to show off their skills.

Hackathons are short and intense periods where developers, project managers and other experts get together to create something useful. The idea is that by getting the right people in one place at the same time, you can create something far faster than we see with traditional development approaches.

This weekend, Crypto Finder is launching its first-ever blockchain hackathon, free and open to all coders and blockchain enthusiasts. The 36 hour event will bring over 130 developers and blockchain enthusiasts together at level 2, 99 York Street, Sydney. Their mission will be to create a proof of concept using blockchain or other technologies.

Each of the teams will be competing for great prizes with the winner picking up five Ethereum (ETH) coins. There are prizes for second an third place as well as a door prize of 0.1 ETH

Each team will be judged on a number of criteria.

The most important criterion is whether the idea can be monetised. But judges will also assess how much attention and awareness an idea will generate, its long-term viability, uniqueness and how ready the idea is to go live.

To make those assessments, a number of prominent judges will be looking at each idea and representation. They include Fred Schebesta (Co-Founder and CEO of Finder), Skye Dunworth (Founder of Spendher), Vaibhav Namburi (Founder and Director of Five2One) and Kevin Brown (Founder of Coinage).

Stephen Koo, a Senior Front End Developer at bitcoin.com.au, will be mentoring the teams as they develop and present their ideas.

Whether any of the ideas make the leap from hackathon to production will be interesting. But, more importantly, events like this are an opportunity to foster the local cryptocurrency community and for ideas to be tested out. And while entries in the competition may never see the light of day, they can give rise to new ideas. And it's also a great way for participants to expand their professional network and learn new skills.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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