🎉 BTCfi Summer Hackathon 2024 Results

The moment has arrived! 🥁

After 12 weeks and 8 challenge tracks, Core’s BTCfi Summer Hackathon 2024 has wrapped up, showcasing brilliant innovations that drive the Bitcoin economy forward and strengthen the #Core ecosystem. Out of over 290 registrations and 74 initial entries, 10 projects advanced to the final demo round. After thorough evaluations, the top 3 winners have emerged.

🏆 And the Top 3 Winners Are...

The top three contenders have been awarded a total of $30,000 in cash prizes, complemented by rewards from the Core Starter Kit, valued at up to $220,000. This package includes a suite of resources and tools designed to accelerate the growth and success of these innovative projects. Without further delay, here are the top three winners...

core winners.jpeg

🥇 1st Place: Rune Bridge

Prize: $15,000
Hackathon Track: CoreBTC Innovations
BUIDL 14486...
BUIDL link: https://dorahacks.io/buidl/14486

RuneBridge is an innovative, permissionless platform that connects the Bitcoin and Core ecosystems. This bridge enables the effortless transfer of Bitcoin Runes to the Core blockchain, opening up extensive possibilities for decentralized finance (DeFi) and other cutting-edge applications.

🥈 2nd Place: OnchainVampireSurvivors

Prize: $10,000
Hackathon Track: GameFi Applications on Core
BUIDL 14468...
BUIDL link: https://dorahacks.io/buidl/14468

OnchainVampireSurvivors is an immersive time survival game infused with roguelite elements and in-game transactions. Set in a relentless world teeming with monsters and devoid of escape routes, players must endure as long as possible until their inevitable demise. Each run allows players to collect gold, which can be used to purchase upgrades and enhance the chances of the next survivor, creating a challenging and continuously evolving gameplay experience.

🥉 3rd Place: b14g Network

Prize: $5,000
Hackathon Track: BTCFi Ecosystem Expansion
BUIDL 14353...
BUIDL link: https://dorahacks.io/buidl/14353

b14g aims to further enhance the security and decentralization of the Core blockchain by addressing potential vulnerabilities through the implementation of Observer Nodes and Merge Staking. This proposal seeks to strengthen the security of Core's Non-Custodial BTC staking and enhance the utility of both BTC and CORE tokens within the Core ecosystem.

Thank you!

Congratulations to all the winners and the top 10 projects. These initiatives are setting new benchmarks in Bitcoin's DeFi integration, pushing the limits of innovation, and redefining the future of Core and Bitcoin within decentralized finance.

A sincere thanks to all the participants and heartfelt gratitude to the esteemed sponsors, judging panels, and partners for the BTCfi Summer Hackathon 2024: NLX, Halborn, TokenSoft, Verichains, and Request Finance. Their support was vital in making this hackathon a success.

💼 Opportunities Along With Cash Prizes

In addition to their prize money, winners will receive the Core Starter Kit, valued at up to $220,000. This comprehensive package includes cloud credits, cutting-edge development tools, discounts on infrastructure providers, and exclusive mentorship opportunities. Winners will also be featured in the BTCfi ecosystem newsletter, gain access to valuable DeFi partnerships, and become eligible for specialized airdrops focused on DeFi development.

About Core

Core serves as the Proof of Stake layer for Bitcoin and is the first enabler of Non-Custodial Bitcoin Staking, which secures a fully EVM-compatible BTCfi ecosystem. Since April 2024, over 5,200 BTC valued at more than $330 million have been staked with Core, enhancing Bitcoin’s utility and security. Core is the most Bitcoin-aligned EVM blockchain with ~50% of Bitcoin mining hash power contributing to the network’s security. This breakthrough has amassed millions of Core adopters—over 20M unique addresses, 283M+ transactions, and over 300M TVL since its mainnet launch in January 2023.