Outline

Judging

The judges that will be evaluating your BUIDLs are a mix of investors, engineers, and Phi Labs employees. They will be evaluating not just your creativity and execution, but also how your dapp idea contributes to the wider ecosystem.

Eligible submissions will be evaluated by a panel of judges selected by the Sponsor (the “Judges”). Judges may be employees of the sponsor or third parties, may or may not be listed individually on the Hackathon Website, and may change before or during the Judging Period. Judging may take place in one or more rounds with one or more panels of Judges, at the discretion of the sponsor.

Stage One) The first stage will determine via pass/fail whether the ideas meet a baseline level of viability, in that the project reasonably fits the theme and reasonably applies the required APIs/SDKs featured in the Hackathon.

Stage Two) All submissions that pass Stage One will be evaluated in Stage Two based on the following equally weighted criteria (the “Judging Criteria”):

Entries will be judged on the following equally weighted criteria, and according to the sole and absolute discretion of the judges:

  • Originality & Creativity: How novel and innovative is the idea? Does it set out to do something unique or at least improve existing models?
  • Technicality & Design: What is tech like? Is it user-friendly and does it have comprehensive and efficient features? Is it designed to scale?
  • Business Model & Feasibility: What is the value proposition and how does it set out to differentiate itself? How will it capture the market and/or generate revenue?
  • Usability: What is the user experience like? Is it clean and intuitive such that users not familiar with blockchain can easily interact with the program?
  • Archway Use Case: Does this tie back into the Archway rewards model?
  • Contribution to the Crypto Ecosystem: How does your idea increase crypto adoption, value for its users, and innovation in the field of blockchain? Does it welcome new users and help existing users?

The scores from the Judges will determine the potential winners of the applicable prizes. The Entrant(s) that are eligible for a Prize, and whose Submissions earn the highest overall scores based on the applicable Judging Criteria, will become potential winners of that Prize.