Micropayments startup Yenom, payroll management app Broccoli and game currency project mac and g’s have taken the top three prizes at the inaugural BCH DEVCON in San Francisco. The three-day event, designed to discover and nurture useful new projects for the Bitcoin Cash ecosystem, featured a hackathon that saw competing teams pulling all-nighters to have their demonstrations ready in time.
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First of Many BCH DEVCON Events Around the World
BCH DEVCON was organized by Permissionless Ventures, an investment fund created by Bitmain to invest in building Bitcoin Cash and other blockchain infrastructure. The first event coincided with San Francisco Blockchain Week, and will be followed with several others around the world: Amsterdam (October 27-28th), then Israel, Japan, South Korea, and India.
15 teams submitted working prototypes of their concepts for the final demonstration. Winner Yenom, a team from Japan, describes itself as “MoneyButton without the button” and its prize is 10 BCH plus investment from Permissionless.
Second place-getter Broccoli won 5 BCH, and third-placed mac and g’s received 1 BCH. However the event’s real purpose was to spur development of the BCH infrastructure with new and novel ideas on how to use the cryptocurrency in real life. Organizers hope all teams will continue to work on their projects and mature into something greater.
Participant Jake Smith told Bitsonline he was pleased to see that there were 15 different teams competing.
“There was a range of sophistication on the various projects but everybody was really into Bitcoin Cash and have great ideas. Heaps of prominent Bitcoin Cash developers were there as judges or observers, so the general quality of attendance was very high!”
Among the other projects were:
- Pixel Wallet, a way to send BCH transaction data via digital images;
- BitVote, an anonymous voting platform on the BCH blockchain using the Coinshuffle protocol,
- Nearby Cash, a mobile app that matches people wishing to trade BCH for local currency depending on their location;
- CashyGram, a method for sending BCH payments via chat app Telegram;
- Ezico, which allows ICO projects to build their projects on the Wormhole protocol;
- Micoxi, which is building a stablecoin called “ZRO” on Wormhole and creating a tool to help others do likewise.
Judging and Mentorship
All participants received mentorship and advice along the way from representatives of Bitcoin ABC, Coinbase, MoneyButton, and Bitbox. Judges included Yeoman Capital managing director David Johnston, Bitcoin ABC’s Shammah Chanellor, MoneyButton and Yours.org’s Ryan X. Charles, Wormhole lead developer Jiazhi Jiang, Coinbase senior software engineer Josh Ellithorpe, and Bitbox senior developer Gabriel Cardona.
Under the rules, teams could bring an idea but were not allowed to have developed it before the event started. The hackathon ran from 10-11th October at the Hilton San Francisco Union Square, with teams presenting their work the next day.
Are events like BCH DEVCON useful, and would you participate if given the chance? Let’s hear your thoughts in the comments.
Images via BCH DEVCON
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