Decentralized Applications Fund Hackathon Rules

The winning teams get a commitment from the DApps Fund

Summary:

This is an open hackathon and you are welcome to work on any bitcoin related project you like during the event. You can enter an existing project or start a new one during the event. You can bring your own team, form a team, or join a team during the event. The main point of the event is to develop REAL services that teams are serious about turning into launched open source projects and working on full time.

To be eligible for winning a commitment from the Decentralized Applications Fund you must fulfill the following criteria.

Rules:

The project must fit the definition of a “decentralized application.” Specifically open source projects, tokenized for monetization, decentralized in all their functions, plus using a cryptographic consensus mechanism.

Post Hackathon:

In order for the Fund to fulfill its commitment, winning projects must offer a token when their project launches, in a crowdsale or private sale format where the Decentralized Applications Fund can participate at that time of launch.

The type crypto currency contributed by the Decentralized Applications Fund will be decided by DApps Fund with a large majority contributed in Mastercoin and other non-bitcoin tokens.

The DApps Fund will work to advise the winning teams on development, structure, incentives, their whitepaper, and ultimately host them in a presentation to investors and provide an informational report to the investor community on the project when it is ready for launch.