Winners of BitHack v2
We’re excited to announce these top developers, who will collectively receive over $70,000 worth of prizes. Out of almost 300 registered teams, we received 84 qualified submissions from twelve different countries. Many of these submissions came from people who were not able to build payment applications before Bitcoin.
True to Bitcoin’s Global potential, the five winning projects were built in four different countries, each with a unique economic climate: Pakistan, Phillipines, Germany, and the U.S.
1st Place: $10,000* of bitcoin and the BoostVC prize, valued at $50,000 - Mailman
Mailman is an email paywall system which allows you to reward timely replies with bitcoin, and filter spam using the blockchain.
2nd Place: $5,000* of bitcoin - SatoshiPay
SatoshiPay is a bitcoin nanopayment wall for publishers, where you can pay for the section of text that really interests you, make metered payments for streaming video, and make paid downloads with a single click.
3rd Place: $3,000* of bitcoin - Rebittance
Rebittance is a remittance aggregator that provides senders with a single place to find and transact with Rebittance cash-out partners around the world.
4th Place: $1,500* of bitcoin - BlockchainME
BlockchainME offers a tool for creating verifiable IDs on the blockchain, promoting the encryption layer of cryptocurrency to help prevent skimming, catfishing, counterfeiting and other fraudulent activity.
5th Place: $500* of bitcoin - BitcoinDial
BitcoinDial is a ‘pay phone’ app that accepts bitcoin instead of quarters, allowing users to make affordable international calls.
The quality and volume of bitcoin apps we received was so high for BitHack v2 that we decided to add six additional prize categories, awarded to apps for demonstrating general excellence.
Our winners were carefully selected from a total of 84 entries. To ensure the judging process was fair, we screened all apps for eligibility according to the BitHack v2 rules. This included confirming that the app hadn’t previously been published and was built during the six-week competition period. We then split all eligible apps into manageable groups which were each scored by at least two Coinbase judges using our evaluation criteria: creativity, usability, and execution. All judges submitted their scores, all scores were normalized to ensure consistency of scores across judges, and from these lists we selected our finalists. These finalists were sent to a team of four external judges, whose scores were once again used to stack rank each app and to assign our top winners.
A huge thank you to Adam Draper, Chris Dixon, Fred Wilson and Gavin Andresen for participating in the judging process.
Until next time
Thank you to everyone who participated in the BitHack v2. Many of the developers involved have enabled new behaviors that weren’t possible before bitcoin. Developers are essential to Bitcoin’s success, by introducing new functionality and promoting those capabilities to people around the world. No doubt there’s much more to be done, but BitHack v2 participants have made significant strides!