Bounty Prizes
Submission Requirements
👉 Adhere to the specific requirements of the Prize bounty sponsor, which usually is that you correctly implement their technology.
👉 Submit an open-source repository showcasing your code.
👉 Submit an open-source repository showcasing your code.
👉 Submit a deployed link where a user can test your solution.
👉 Submit a presentation deck with the following slides:
- First slide: Containing the 50 character sentence & your PROJECT NAME
- Problem: Try to use a quantifiable number ("70% of user group X report that they [insert pain]")
- Solution: Explain your solution very easily
- Competitve landscape: How is this different and better from existing methods your Users currently solve the problem? We suggest using a X-Y axis. Each axis represents a feature Users care about. You should put your own project in the top right, and your competitors to the left and below yourself.
- Market Size: Try to translate the painpoint in $$ terms (how much do they lose by not doing this? Then set your price, say, 50% lower than what it costs for them to solve their problem. Then multiply that with number of people/companies suffer from this program. This way you get a rough estimate.
- Business Model: Explain how you will make money! Subscription, licence, B2B, B2C, and so on....
- Team: List their name, role (CTO, CEO etc), where they are living and underneath, you add logos that showcase the team member's backgrounds.
👉Record a 1 to 4 min presentation of the project. We recommend you to present the problem, solution, how you improve on existing solutions, and then use the last 2 minutes to demo the actual technology.
⚠️Evaluation of winner will be determined by the specific bounty sponsor.
The Panel
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JUDGING CRITERIA
1. Relevance: How effectively does the project address a critical development challenge, such as financial inclusion, healthcare access, or education?
2. Impact Potential: What is the project's potential to drive significant, positive change in the specified area of development?
3. Feasibility: Is the solution practical and realistic for implementation within its target environment?
4. Blockchain Utilization: How effectively does the project leverage blockchain technology to deliver unique value, including transparency, security, and decentralization?
5. Sustainability: How sustainable is the project in terms of ongoing maintenance, support, and funding?
6. Adaptability: Can the project adapt to evolving needs or future advancements in blockchain technology?
8. Pitch Clarity: How well is the project idea and its potential impact communicated during the pitch?
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