The Competition Rules

— Sponsored by: The Cambridge Metanet Society, a student led society supported by the BSV Association.

Competition Rewards:

$25,000

Total rewards (in BSV) distributed to up to 9 winners

$9,000

Prizes #1

$6,000

Prizes #2

$4,000

Prizes #3

3 Verticals

Ensure that every project meets these three elements: Nano Payments, Immutability, Tokenization

Nano Payments

Utilize nano payments to cut transaction fees, fostering economic growth. BSV SV offers fees as low as 1/600 of a cent. Let's build an app around this!

Immutability

In a data-driven world, ensuring data integrity is crucial. Blockchain's immutability feature guarantees document authenticity, preventing manipulation.

Tokenization

Tokenization is ubiquitous, from transit passes to academic credentials. With BSV Blockchain, create and transfer tokens cost-effectively, tapping into the tokenized economy effortlessly.

Additional Awards and Event Details

Innovation & Content Awards: Explore prizes for creative projects and self-made content showcasing BSV SV's potential over a two-month duration

3x $1,000 innovation awards

A project in early prototype stage that showcases the opportunities when a vertical is combined with BSV SV

3x $1,000 content awards

Self made blog articles, youtube videos, viral websites, memes or images related to a associated vertical.

Time Frame

22th of May, 2024 → 22 of July, 2024[End of day, London Time]

Organization

The Cambridge Phoenix Challenge 2024 is a virtual hackathon over a 2 month time-span.

During that time, all interaction between organizers and teams will be directed to https://discord.gg/bsv (the official BSV SV slack).

All projects are submitted via the Phoenix Challenge platform: https://phoenix-challenge.com

Judging, Teams, Reward Distribution, and Qualifications

Explore how winners are chosen, team regulations, and project criteria for the
Phoenix Challenge 2022

Decision Making

Judges determine the winners on an equal vote basis, if two projects get the same number of votes, all judges vote between those projects that have a tie.

The judges determine the winner based on impact, quality and novelty.

Teams

There are no limits in team size, and both individuals as well as companies can participate in the Phoenix Challenge. All team members that participated in developing their solution need to be named in the submission.

Teams are allowed to make multiple submissions, and team members are allowed to have multiple teams.

Reward Distribution

The awards are distributed to the Team Leaders of the winning projects (in BSV). The team leaders will be asked to submit a BSV SV address after being informed of their placements and will receive their payments within 10 days of the conclusion of the tournament.
(22th of May).

Team leaders have to submit KYC information to a qualified licensed platform (e.g. Jumio or similar) before receiving the awards to comply with UK regulations. The Metanet Society will not store or distribute personal KYC information.

If winners do not claim their rewards within 30 days of the announcement, rewards are redistributed equally to the remaining winners.

Qualifying Conditions

All project work needs to be based or interact with the BSV blockchain (more info at BSV Blockchain)

The submitted project work needs to have been started after the 22nd of May, 2024. The work can be an added feature or implementation on top of an existing project. Submitted work needs to be original. Existing (open source, template or earlier written) code utilized needs to be declared.

The submission process is exclusively managed via the phoenix-challenge.com website, but organizers can be asked to confirm completed submissions. All intellectual property created by the teams are owned by respective teams. Source code can remain secret to not hinder further expansion of the idea into a commercial entity.

Our Judges

We selected some of the best minds in the industry to help us judge the best projects. The 2022 Phoenix Challenge is a great opportunity to learn from some of the best minds in the industry and compete for $25,000 in prize rewards.The BSV community will be our 5th judge and a poll will be held in the BSV discord on the 23th of July, 2022.

Robin Kohze

Cambridge Metanet Society

Founder and president of the Cambridge Metanet Society, Co-founder of Vaionex and CTO of the Block Dojo. Coded this page.

Osmin Callis

COO, Block Dojo

Block Dojo Incubator COO and ex-manager at nChain. Osmin has profound knowledge of the global blockchain enterprise demand.

Dr. Jack Rogers

Exeter University Professor

Economics Professor at the University of Exeter and head educator at Satolearn. Jack created the first accredited blockchain master in the UK.

Craig Wright

Chief Scientist, nChain

Creator of Bitcoin, Founder of nChain.

Disclaimer

In no event will SPONSOR be liable to you for any direct, special, INCIDENTAL, EXEMPLARY, punitive or CONSEQUENTIAL damages (including loss of use, data, business or profits) arising out of or in connection with your participation in the hackathon, whether such liability arises from any claim based upon contract, warranty, TORT (including NEGLIGENCE), strict liability or OTHERWISE, and whether or not SPONSOR has been ADVISED of the possibility of such loss or damage.

Legal

The Hackathon is subject to federal, state, and local laws and regulations. The Hackathon is offered by Sponsor, which is not responsible for (i) late, lost, damaged, incomplete, or misdirected Entries, responses, or other correspondence, whether by e-mail or postal mail or otherwise; (ii) theft, destruction, unauthorized access to or alterations of Entries; or (iii) phone, electrical, network, computer, hardware, software program or transmission malfunctions, failures or difficulties.

Support

FAQs

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