In the recently held Coinbase’s second hackathon, email paywall system Mailman has won the first prize. The system, which rewards consumers in Bitcoin and uses the blockchain to filter spam messages, received a $10,000 prize. Coming in second and receiving a prize of $5,000 was SatoshiPay, a Bitcoin paywall for publishers.
Similarly, remittance aggregator Rebittance came third to win $3,000. At the fourth position was BlockchainME, a tool which creates verifiable IDs on the blockchain, the company received $1,500. Another company that received award was BitcoinDial, a Bitcoin mobile top-up service – it won $500 in Bitcoin.
The competition received 84 qualified submissions
The official blog post from the organization claims that the competition received 84 qualified submissions from twelve countries. The jury included some eminent names like Adam Draper, Chris Dixon, Fred Wilson and Gavin Andresen who decided the winners of the second global Bitcoin hackathon, BitHack v2.
The recently concluded competition received quite attention and even the organizers are showing their excitement about the same. The winners collectively received over $70,000 worth of prizes. The organizers say:
The BitHack is important to us because it taps into a core benefit of Bitcoin: permissionless innovation. Anyone from anywhere in the world could submit a Bitcoin project to BitHack v2, as long as it met our simple guidelines. Over 300 teams registered, and we received 84 qualified submissions from twelve different countries. Many of these submissions came from people who were not able to build payment applications before Bitcoin.
The Winners Were Tested Strictly
The first test was about creativity wherein the participants were asked to find a new use case and not just create another wallet as the organizers wanted to see apps that make Bitcoin easy to use, and show off new use cases that aren’t possible with existing payment methods. Additionally, they wanted to test usefulness i.e. make Bitcoin easy to use.
The organizers claim that they were looking for apps that make Bitcoin more approachable for a mainstream audience and know how Bitcoin can go viral, or reach 100M new people in the coming years. Additionally, they wanted execution i.e. pay attention to details and functionality of the app.
Talking about the winners the organizers claim that true to Bitcoin’s global potential, the five winning projects were built in four different countries, each with a unique economic climate: Pakistan, Philippines, Germany, and the U.S.
To contact the reporter of this story: Deepak Tiwari at firstname.lastname@example.org