[PRESS RELEASE – Austin, USA, August 6th, 2024]
Bitcoin Startup Lab has initiated the Bitcoin Olympics along with other Bitcoin industry leaders, the largest online Bitcoin hackathon to date. Running from August 1st to 27th, the event will culminate in an award ceremony at BTCON on September 4th, celebrating the achievements of participants and the collaborative efforts of Bitcoin Olympics Partners and the Bitcoin ecosystem.
Event Highlights
Bitcoin Startup Lab, in partnership with leading Bitcoin innovators, has established a projected prize pool of $500,000 for hackathon contestants, demonstrating their commitment to supporting innovators and founders in the early stages of their startups.
The 2024 Bitcoin Olympics Hackathon is a non-profit initiative that ensures 100% of the prize money, funded by sponsors, is awarded directly to the winners. The goal is to create a prize pool to attract innovators globally to the Bitcoin ecosystem and foster the next wave of groundbreaking developments in the rapidly expanding Bitcoin space.
Key features of the event include
- Projected $500,000 Prize Pool: The largest prize pool in Bitcoin and Web3 this year.
- Access to Leading Bitcoin Technologies: Participants will have the opportunity to learn about and build with top-tier Bitcoin tech and infrastructure.
- Team Building Opportunities: Teams formed at the Bitcoin Olympics have historically progressed to create investment-ready startups, raising millions in pre-seed funding.
- Educational Sessions: 100 Twitter Spaces featuring insights from leading innovators.
- BTCON Celebration: The event will conclude with a showcase of the best Bitcoin innovations and the announcement of winners at BTCON.
Participation and Community Engagement
Registering for the Online Bitcoin Olympics Hackathon: Participating in the largest online Bitcoin hackathon and competing for a share of the $500,000 prize pool.
Attending BTCON: Users are encouraged to attend BTCON, the largest Bitcoin conference in South Korean history, to witness the forefront of Bitcoin innovation. Registration details are available online.
The Bitcoin Startup Lab program and community: Users are invited to enroll in the 3-month program offered by Bitcoin Startup Lab to build a pre-seed investment-ready startup and become part of the leading innovation ecosystem on Bitcoin.
According to the team, this initiative goes beyond mere competition; it represents a collective effort to spark the next wave of game changing innovation to build a sustainable global Bitcoin ecosystem.
About Bitcoin Startup Lab
Bitcoin Startup Lab is a premier platform to enable founders to build investment ready startups in record time. The Bitcoin Startup Lab supports innovators and entrepreneurs in developing groundbreaking startups by providing the resources, mentorship, and collaborative environment necessary to succeed. Through initiatives like the Bitcoin Olympics Hackathon, Bitcoin Startup Lab aims to build a sustainable and inclusive global Bitcoin community, driving the future of decentralized finance, blockchain, AI, and Metaverse technology.
For more information, innovators and investors can follow and DM the Bitcoin Startup Lab on Twitter(X).
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