Bytom.io Launches 2019 Global Dev Competition, with 30,000 USD in First Prize Rewards

Bytom public blockchain announced its launch of 2019 Bytom Global Dev Competition during the New York Blockchain Week this May. Since the announcement, teams from the US, India, Venezuela, Zambia, Taiwan have registered. Sign up will continue until August 2nd, 2019.

Following the success of the 2018 Bytom Global Dev Competition that was held in Hangzhou China, Bytom has chosen to continue the competition this year. The 2019 Bytom Global Dev Competition final will be held in San Francisco, this August. This dev competition aims at finding more technology talents, strengthening Bytom’s development capability, and enhancing Bytom’s sustainable open-source ecosystem.

A Basket of Rewards

To incentivize brilliant developers across the globe to participate, 2019 Bytom Devcon is offering a prize pool of almost 100,000 USD, as well as support in fundraising, incubation, technical development, and media exposure. Teams entering the final round will compete for one first prize, two, second place prizes and three third prizes. The award for the first prize winning team is as high as $30,000 USD equivalent in BTM tokens.

Last year Bytom’s global dev competition attracted almost 100 Dev teams from the US, South Korea, Europe, and China. 16 teams ended up being selected for the final round and shared a prize pool of 2 million BTM tokens. Bytom-based projects developed by participating teams included a decentralized digital asset swap platform, a river management system, a database for drivers and cars, a block browser and many more.

Bytom public blockchain is an interactive protocol of multiple byte assets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and so forth) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom.

Awards

• First Prize * 1: 30,000 USD equivalent BTM
• Second Prize * 2: 10,000 USD equivalent BTM
• Third Prize * 3: 5,000 USD equivalent BTM
• Recognition Award * 10: 3,000 USD equivalent BTM

Timeline

• Registration: May 14th to August 2nd
• Preliminary: August 3rd to August 7th
• Final and roadshow: August 24th and 25th

Requirements

For the individuals category, the code should be open-source and the team members should not exceed five people. For the enterprise category, open-source is not required but the final product must be more complete. The competition guidelines are as follows:

• Each participant group should include no more than 5 members. Individual participants can team up freely, but every one can only join one group and cannot enter the competition repeatedly.
• Entries must be completed independently. No cheating or infringement of intellectual property is allowed. Entrants failing in doing so will be disqualified.
• Projects must be built on Bytom ecosystem or Bytom smart contract.
• Entrants must submit projects developed based on Bytom. After being reviewed by the Organizing Committee, it will be selected to enter the competition for further improvement.
• Before a submission is closed, entrants can keep improving their projects, but cannot change the topic. The final entry should be based on the latest version submitted before the submission deadline. (If there are important reasons that cannot be submitted before the deadline, please contact the official in advance, but no later than August 8th, so as not to affect the official final list.)
• Entries must be submitted in the prescribed form. Otherwise, they will be phased out directly. Please upload your codes on GitHub.
• Anyone belonging to the organizers of the event and members of judgement cannot take part in the competition.

Judging Criteria

Blockchain Value, projects must

• Be based on Bytom API or Bytom smart contract
• Utilize the advantage of blockchain technology
• Showcase the indispensability of blockchain technology

Technology

• Have proper coding and good functioning
• Work stably and efficiently
• Have security design

Commercial Value

• Have high commercial value
• Be applicable to commercial adoption

Creativity

• Be more creative than industry average projects
• Have higher performance than industry average projects

Design

• Good UI
• Easy to use

Project Submission

• GitHub;
• GitLab;
• Gitee;
• Bitbucket.

Referral Award

Anyone who recommends an overseas team to enter the preliminary successfully will be eligible for a reward of 500 USD equivalent BTM. If that team enters the final round, the referrer could get extra 500 USD equivalent BTM.

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