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Bitget Will Give $50,000 To Its Hackathon Winners

U30 Hackathon Bitget

As excitement continues to build within the world of cryptocurrency and blockchain technology, one event is poised to take center stage: the highly anticipated Under 30 Virtual Hackathon, organized by Bitget, a prominent crypto derivatives exchange. With the event set to unfold from August 12 to September 18, I’m gearing up to attend this unique gathering that promises to be a melting pot of innovation and creativity in the realms of AI, blockchain, and crypto.

The Under 30 Virtual Hackathon, an integral part of Bitget’s wider Blockchain4Youth initiative, aims to not only discover fresh talent but also cultivate a positive perspective on the crypto industry among the younger generation. The excitement surrounding this event is palpable, with a substantial $50,000 prize pool up for grabs intended to incentivize and reward the brightest minds in the field.

Under 30 Virtual Hackathon Unlocks Access to Investment Capital

What makes this event even more intriguing is the strategic collaboration between Bitget and industry heavyweights Foresight Ventures and HackerEarth. Foresight Ventures, with its impressive Assets Under Management exceeding $400 million, is providing crucial financial backing to fuel the competition. HackerEarth, on the other hand, brings technical prowess to the table, boasting a global developer community of over 7.6 million members spread across 133 countries and 450 universities. This partnership promises seamless event management, technical guidance, and expansive community outreach.

The event will challenge participating teams with three distinct tasks, each revolving around the integration of AI and blockchain technologies. From crafting secure AI infrastructure to delving into AI-powered gaming experiences and designing AI-driven marketplaces, these challenges reflect the dynamic convergence of cutting-edge technologies.

The prize distribution structure for the hackathon is designed to reward innovation and practicality. Five winning teams will each receive a $10,000 prize, categorized based on their contributions to the blockchain community, creativity, viability, design, and user experience, and a dedicated category for female-led teams (#Blockchain4Her).

As a reporter, I’m eagerly anticipating the opportunity to witness the creativity and expertise that will be on display during the event. It’s clear that Bitget’s commitment to fostering innovation and nurturing young talent aligns perfectly with the industry’s ever-evolving landscape. With the summit fast approaching, the crypto and blockchain space is in for an exciting ride, and I’m ready to bring you all the updates from the heart of the action. Developers who wish to apply can do this on the HackerEarth platform.