Core Kicks Off the BTCfi Summer Hackathon

Core DAO
4 min readJun 7, 2024

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Get ready, Builders! Core is launching the BTCfi Summer Hackathon, a 12-week event designed to ignite innovation in the Bitcoin economy. Calling for all Web3 and BTCfi devs to roll up their sleeves and create mind-blowing decentralized applications (dApps) on Core. This is your chance to shine, to push the boundaries, and to put your name on the map in the Bitcoin narrative.

Why Join the BTCfi Summer Hackathon?

Core is not your average blockchain. It’s a Bitcoin-powered, Bitcoin-aligned, EVM-compatible layer one blockchain featuring the innovative Satoshi Plus consensus mechanism, which combines Delegated Proof of Work (DPoW), Delegated Proof of Stake (DPoS) and Non-Custodial BTC Staking. This unique system enhances security by involving Bitcoin miners in the execution of smart contracts, offering them additional income through CORE token rewards while maintaining their essential role in the Bitcoin network. Solidity and Bitcoin devs, this is your moment! Leverage Core’s capabilities to build dApps that could change the game. It’s the perfect blend of Bitcoin’s rock-solid security and Ethereum’s versatile smart contracts. Let’s revolutionize the Bitcoin ecosystem together.

Mark Your Calendars

Here are the dates to keep on your radar:

Launch: June 6, 2024
Opening Ceremony: Jun 10, 2024
Application Period: June 6, 2024 — July 21, 2024
Screening Top Projects: July 22, 2024 — August 5, 2024
Submission Deadline: July 21, 2024
Demo Day: August 12, 2024
Winner Announcement: August 19, 2024

The $250,000 Prize Pool and Rewards

  • 1st Position: $15,000 USD Grant, access to DeFi resources, dedicated DeFi development workshop, feature in the BTCfi ecosystem newsletter, priority DeFi partnership access, and social media highlights.
  • 2nd Position: $10,000 USD Grant, similar perks as 1st place.
  • 3rd Position: $5,000 USD Grant,Access to DeFi development resources, Feature in BTCfi ecosystem newsletter, Core Starter Program, and Social Media Highlights.

Get Ready to Hack on 8 Tracks

We’ve curated tracks that cover the hottest areas in blockchain innovation:

  • GameFi Applications on Core Track
  • Decentralized Social Network Track
  • Innovative Solutions for Infrastructure Improvements Track
  • Intent-Centric DeFi Solutions Track
  • Core Chain DeFi Bot Integration Track
  • CoreBTC Innovations Track
  • BTCfi Ecosystem Expansion Track
  • CORE Utility and Adoption Track

Submission Checklist

Make sure your project ticks all these boxes:

  • GitHub repo URL with the project codebase
  • Detailed README file explaining how to run the project locally
  • Short video and presentation showcasing your project, its innovation, and Core Chain integration
  • All materials must be in English

Developer Resources at Your Fingertips

You have access to a wealth of resources to help you succeed, including:

General Resources

Workshops

We’ve lined up a series of workshops to support you throughout the hackathon. From deep dives into Core’s architecture to hands-on sessions on building dApps on Core, we’ve got you covered. Stay tuned for more information.

Sponsors and Partners

  • Tokensoft: Masters of digital asset management
  • Halborn: Top-notch protocol auditors
  • Certik: Blockchain security audit legends
  • NLX: On-chain perpetuals backed by Bitcoin
  • Request Finance: The all-in-one finance platform for crypto and fiat operations
  • Hacken: Blockchain Security Auditor

This is your moment to be part of something extraordinary. Join the BTCfi Summer Hackathon, and build the next big thing on Core!

About Core

Core is a Bitcoin-powered and EVM-compatible layer-one blockchain responsible for bringing Bitcoin finance to life with the first-ever non-custodial BTC staking protocol and the world’s first yield bearing BTC ETP with Valour. Core is the most Bitcoin-aligned EVM blockchain with ~50% of Bitcoin mining hash power contributing to the network’s security and over 2,800 BTC natively staked in exchange for unlocking Bitcoin utility and rewards. This breakthrough has amassed a massive community of 2.3M Twitter followers and 265k Discord members which has translated into millions of Core adopters — over 18M unique addresses and 252M transactions since its mainnet launch in January 2023.

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Core DAO

A Bitcoin hash-powered and EVM-compatible blockchain onboarding the next billion users.