Algorand Foundation Announces Build-A-Bull Hackathon in collaboration with AWS

<p>The
Algorand Foundation, the organization focused on growing the ecosystem for the
world's most advanced, secure and reliable layer-1 blockchain, announces the
opening of registration for Build-A-Bull, a global virtual hackathon with
$200,000 (USD) in prizes. The hackathon, powered by Algorand Ventures and in
collaboration with AWS, will run from October 18 through November 15, 2023.
Registration is free and open to anyone.</p><p>Build-A-Bull
is a hackathon to create consumer-friendly applications using the power and
scalability of the Algorand blockchain. Spanning four weeks, the hackathon
offers an opportunity for committed developers and entrepreneurs to conceive a
business concept, accelerate it though the development phase, and to ultimately
present a final product to a panel of expert judges. Throughout the process,
participants will receive matchmaking, tooling, support, and mentorship to help
bring their ideas to life. </p><p>“With
Build-A-Bull, we expect to attract a new wave of promising builders to come
into the Algorand ecosystem,” says Ryan Terribilini, EVP of Algorand Ventures.
“We are looking for high-potential, investible startups and founders to bring
innovative projects to the Algorand blockchain, and we are confident that the
resources and exposure of participating in Build-A-Bull will catalyze this next
generation of Algorand builders.” </p><p>The
hackathon includes five tracks:</p><p>· Defi, presented by Circle</p><p>· Gaming, presented by Unity</p><p>· Consumer, presented by
Amazon Web Services (AWS)</p><p>· Interoperability,
presented by Wormhole</p><p>· Impact, presented by
Algorand Foundation </p><p>The
winner of each track will receive $25,000 and will be invited to pitch to
investors on a ‘demo day,’ with a public on-chain vote determining an
additional $10,000 Grand Prize, as well as $25,000 in AWS credits. The second
and third-place winner of each track will receive $10,000 and $5,000
respectively. A bonus University Prize of $5,000 will be awarded by the
judges. </p><p>The
judging panel is comprised of industry leaders and investors including QCP
Capital, DWF Ventures, and Blockchain Capital. </p><p>Projects
will be evaluated by the following criteria: the skillset and strength of the
team, the design and interface of the project, the quality of the pitch, and
the viability of market adoption.</p><p>About
Algorand Foundation </p><p>The
Algorand Foundation (www.algorand.foundation) is dedicated to helping fulfill
the global promise of the Algorand blockchain by taking responsibility for its
sound monetary supply economics, decentralized governance, and healthy and
prosperous open-source ecosystem. Designed by MIT professor and Turing
Award-winning cryptographer Silvio Micali, Algorand achieves transaction
throughputs at the speed of traditional finance, but with immediate finality,
near zero transaction costs, and on a 24/7 basis. For more information, please
visit https://algorand.foundation. </p>

This article was written by FL Contributors at www.forexlive.com.