MIT Bitcoin Club Grand Prize

Grand Prize
The team with the best project across all submissions will win the $8,000 Grand Prize, divided equally among all team members. The Grand Prize is awarded to a separate team than the track prize winners. This elusive prize is doubled this year as it was not awarded last year.

Track 1: Bitcoin and Lightning

The team that builds the best project in the Bitcoin and Lightning Track will win $2,500, split equally among all team members.

Track 2: Infrastructure

The team that builds the best project in the Infrastructure Track will win $2,500, split equally among all team members.

Track 3: dApp and DeFi

The team that delivers the best project in the dApp and DeFi track will be awarded $2,500, split equally among all team members.

Track 4: Usability and Adoption

The team that delivers the best project in the usability and adoption track will win this $2,500 prize, split equally among all team members.

Best Axelar App: Build a project using the Axelar Network (3)

The Axelar Network SDK enables easy cross-chain asset transfers. Use the SDK to generate a deposit address on a source chain, linked to a user's recipient address on a destination chain. Send funds to the deposit address, and Axelar Network will process the transfer, making a deposit to the recipient address across chains.

Add interoperability to dApps with the General Message Passing feature, available across all connected EVM chains. Use General Message Passing to enable dApps to call smart contracts cross-chain, delivering any payload alongside a token transfer.

Some examples of possible projects using Axelar include:
- Bridge application
- Cross chain DeFi
- Multi-chain wallet

Or come up with your own creative dApp!

Check out the docs to get started:
https://docs.axelar.dev/dev/intro

*** Prizes ***
- 1st place: $3,000 divided amongst the team
- 2nd place: $1,500 divided amongst the team
- 3rd place $500 divided amongst the team

*** Submission Requirements ***
The project must use the Axelar JS SDK or General Message Passing and it must play a non-trivial role in the dApp.

*** Other Project Considerations ***
- Practical impact
- Value added to the project by Axelar
- Smooth UX
- Project creativity

Build a Bitcoin Block Explorer

Block explorers play a central role in ensuring permissionless and decentralized access to the Bitcoin network's information. They have been around almost as long as Bitcoin itself, yet we have seen far less innovation on this front in recent years as compared to other areas. This challenge focuses on rethinking block explorers from first principles and innovating this basic technology. Specifically:
- Learning how to interact with the on-chain data and develop an understanding of the artifacts of the Bitcoin network
- Developing a block explorer that is simple, easy to use, and utilizes some of the Bitcoin network's newest security features and technologies - UTXO/xPub, Lightning, Taproot, etc

*** Prizes ***
- 1st Place: $4,000 divided evenly among a team of up to 4 hackers

*** Submission Requirements ***
- Has to address to scope outlined in this challenge
- Bonus points:
i) Self-hosted instance capabilities - https://getumbrel.com/
ii)Privacy-preserving solution

*** Resources ***
- https://en.bitcoin.it/wiki/BlockExplorer.com
- https://river.com/learn/bitcoins-utxo-model/
- https://support.cointracker.io/hc/en-us/articles/4413049732625
- https://lightning.network/
- https://bitcoinops.org/en/topics/taproot/

Miner Management Software for Home Miners

Miner management software (MMS) plays a critical role in the mining space, helping miners obtain real-time data of the performance of their miners (temperature, fan speed, active hashboards, power draw, and hashrate) and ability to control basic actions of the miner (reboot). The focus of this challenge will be to build miner management software the increasing access/ease of mining for home miners

Problem => Most miner management software is designed for industrial mining farms, which is often ill-suited for "home miners".
User story and persona
- "Home miners" are individuals who mine bitcoin directly from their home. Typically they are running older-generation equipment (Antminer S9) that requires 120V for electrification, whereas the current generation equipment (Antminer S19j Pro) that requires 240V for electrification.
- Home miners typically run machines at higher costs of electricity ($/KWh) than industrial farms due to lack of economies of scale and being plugged into utility grid, which makes mining less profitable by comparison. However, a trend is emerging: Home Miners are utilizing the waste product from their mining equipment to heat their homes by integrating their miners into their HVAC system. Home mining effectively subsidizes the cost of heating their home, due to the Bitcoin rewards produced as a result of running the machine.
- Home miners play a critical role in the adoption & decentralization of Bitcoin, as well as the development of the ASIC market:
i) Adoption: there are ~79.36 million homeowners in the United States alone!
ii) Decentralization: Satoshi did not envision the rise of industrial mining farms, the industry has trended in this direction since ~2013 when ASIC's first came out. Going forward, having many small and globally-distributed miners that are subsidizing their home heating can be a counterbalancing force to industrial mining farms and a potential return to Satoshi's vision
iii) Development of the ASIC market: As mining farms seek to repurpose "end of life" mining equipment and Home Miners soak up that supply, a bigger market will develop which will signal robust demand to equipment manufacturers and encourage more competition at the chip level.

*** Prizes ***
- 1st Place: $4,000 divided evenly among a team of up to 4 hackers

*** Submission Requirements ***
- Has to address to scope outlined in this challenge
- Bonus points:
i) Integration with home IoT apps/devices
ii) Simple, elegant, design the average person can relate to
iii) Customer-centric solution

*** Resources ***
- https://en.bitcoin.it/wiki/Mining
- https://bitcoinmagazine.com/business/how-to-heat-your-home-with-bitcoin-mining

Blockchain Explorer for the BAS (3)

BAS (BSC Application Sidechain) is an infrastructure introduced to help developers and node operators build and run their own blockchain as their internal value system for a massive number of users while still maintaining a close connection with BNB Chain.

Build comprehensive blockchain explorer (with EthScan as reference). It should allow users to access different details related to transactions on specific wallet addresses and blockchains including amount transacted, sources and destination of funds, and status of the transactions

*** Prizes ***
- 1st place: $6,000 divided amongst the team
- 2nd place: $3,000 divided amongst the team
- 3rd place $1,000 divided amongst the team

*** Submission Requirements ***
The project must be built on BNB chain

Oracle Infrastructure (5)

BAS (BSC Application Sidechain) is an infrastructure introduced to help developers and node operators build and run their own blockchain as their internal value system for a massive number of users while still maintaining a close connection with BNB Chain.

For many protocols on BSC, accurate and trusted asset prices, known as oracles, are crucial. The diversity of oracles will definitely enhance the robustness and innovation of the ecosystem, as BNBChain is expanding to multi-chain architecture, a new Oracle infra should be introduced here to be easily deployed to the BAS and BPC in future

* Prizes *
- 1st place: $7,000 divided amongst the team
- 2nd place: $5,000 divided amongst the team
- 3rd place $4,000 divided amongst the team
- 4th place $3,000 divided amongst the team
- 5th place $3,000 divided amongst the team

* Submission Requirements *
The project must be built on BNB chain

Skynet + Decentralized Storage Prize (2)

The two teams that best utilize Skynet's decentralized web storage (powered by Sia) will earn $750 in siacoin to be split amongst team members. All teams using Skynet in their project will receive a share of $1000 in siacoin. Teams participating in any other track can also submit for the Skynet prize, and special consideration will be made for webapp front-ends that use Homescreen to enable user self-hosting

https://sia.tech/
https://docs.skynetlabs.com/integrations/homescreen/adding-homescreen-support-to-an-app

*** Prizes ***
- 1st place: $750 in siacoin divided amongst the team
- 2nd place: $750 in siacoin divided amongst the team
- All teams submitting on this track: $1000 in siacoin divided amongst the teams

*** Submission Requirements ***
The project must use the Skynet's decentralized web storage.

Best Project Built On Stacks

The Stacks blockchain, and Clarity smart contract programming language, enable DeFi, NFTs, apps, and more to leverage the trusted security of Bitcoin. For this bounty, any project that chooses to build using Stacks technology will be eligible for an additional $2,500 of bonus prizing in addition to the four default MIT proposed tracks. Teams can leverage tools provided by Hiro to streamline the development process and quickly learn the fundamentals of Clarity.
https://www.stacks.co/
https://clarity-lang.org/
https://www.hiro.so/

Some Example Projects:
- My First Clarity Smart Contract
- Build a Bitcoin (Non-Fungible Token) NFT
- Develop a DeFi (Decentralized Finance) dApp
- Experiment with the Stacks <> Bitcoin Connection

*** Prize ***
- 1st place: $2,500 divided amongst the team

*** Submission Requirements ***
The project must be built on the Stacks blockchain, or contribute utility to the Stacks ecosystem. Projects will be eligible for the Stacks track prizing if their submission:
- Interacts with the Stacks blockchain, reading or writing data from the network.
- Leverages the Clarity smart contract programming language to perform some operation.
- Contributes utility to the Stacks ecosystem. This option wouldn’t technically have to interact with the blockchain or use smart contracts. Submissions could be an educational resource such as a tutorial, or analytic dashboard that merely reads data from the blockchain using an API.

*** Other Project Considerations ***
To get hackers started, Hiro has compiled a resource pack full of educational materials and technical resources to jumpstart your journey building on Stacks. Whether it’s your first smart contract, or you're an experienced developer ready to experiment with advanced Clarity features, check out this collection of helpful learning material to get you up and running:

https://github.com/hirosystems/MIT-Bitcoin-Expo-2022-Hiro-Hackathon-Resources

Build an App with Moonriver or Moonbeam’s Chainlink Price Feeds (2)

Chainlink price feeds are a critical piece of infrastructure of many DeFi applications. The Moonbeam Docs Site has detailed documentation on how you can easily integrate chainlink price data into your application. The challenge here is simply to use Chainlink price data as a valuable component of your application.
https://docs.moonbeam.network/builders/integrations/oracles/chainlink/

Here are some developer educational materials
Moonbuilders Academy
Moonbeam Documentation Site
Developer Hub at Discord: https://discord.gg/nkysg4zqWm

*** Prizes ***
1st place: $1,000 in USDT divided among the team
2nd place: $500 in USDT divided among the team

*** Submission Criteria ***
- Does the application correctly integrate Chainlink price feed data?
- Is the price feed data a valuable component of the dapp? Why is the price data needed?
- Is the dApp deployed to Moonbase Alpha (the testnet) or Moonriver?

Build an App that Displays the Supply of Cross Chain Assets on Moonriver (2)

XC-20s are Substrate assets that can be transferred cross chain via XCM that also conform to ERC-20 standards. xcKSM, or KSM migrated from the Kusama Relay Chain, was the first XC-20 to launch on Moonriver. The challenge here is to build an app that shows cross chain asset statistics, including the supply of each cross chain asset on Moonriver. Under the network -> Assets tab of PolkadotJsApps, you can find a list of all XC assets on Moonriver and their current supply on Moonriver. You can also fetch this data programmatically via the Polkadot API. The best projects will feature additional statistics, such as supply on origin chain, total outstanding supply, % of supply migrated to Moonriver, etc.
https://docs.moonbeam.network/builders/xcm/xc20/
https://moonriver.moonscan.io/token/0xffffffff1fcacbd218edc0eba20fc2308c778080
https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fmoonriver.api.onfinality.io%2Fpublic-ws#/assets
https://docs.google.com/document/d/14yFV_vYCdgdDIy46OH6ZQwSBHy3ImrZpF9FGPFVWZXE/edit?usp=sharing

Here are some developer educational materials
Moonbuilders Academy
Moonbeam Documentation Site
Developer Hub at Discord: https://discord.gg/nkysg4zqWm

*** Prizes ***
1st place: $1,000 in USDT divided among the team
2nd place: $500 in USDT divided among the team

*** Submission Criteria ***
- At a minimum the project should consider at least one cross chain asset on Moonriver. Given the incremental nature of adding other assets, we expect submissions to attempt to list all cross chain assets (there are 8 at the time of writing).
- Is the data being fetched programmatically? You can see the current total supply information here for all of the cross chain assets on Moonriver: https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fmoonriver.api.onfinality.io%2Fpublic-ws#/assets
- The best submissions will integrate additional data such as total supply on origin chain, and other statistics of their choice.
- There’s not much time to design a pretty interface so we’re not expecting anything fancy. But a clean UI or innovative approach to displaying this information is a major plus.

Figment: Building Web3 - Build your best Web3 project using DataHub APIs on Solana/Polygon/Avalanche/NEAR (2)

DataHub provides an easy on-ramp service that streamlines the Web3 stack, so developers and enterprises alike can continue to scale, or start building new applications on the Fantom smart contract platform. No node investment or operations are needed when using DataHub to build new applications on Web3.
DataHub provides a unified platform to manage the full application tech stack.
Sign up here (https://datahub.figment.io/auth/login) to start your hackathon project.

*** Prizes ***
1st place: $2,500 (in native token of the protocol you’ll be building on) divided among the team
2nd place: $1,500 (in native token of the protocol you’ll be building on) divided among the team

*** Submission/Judging Criteria ***
Use of DataHub API
Work should be original
Functional Project
Project Uniqueness

***DataHub Documentation ***
https://docs.figment.io/
***DataHub Discord***
https://figment.io/devchat