The second annual EtherCamp hackaton has entered its voting phase. Judges will decide the winners of the $50,000 prize. Spectators can also participate by voting with tokens for which project should win.
When the competition ends, the teams can then keep those funds to continue their development. The hackathon features a panel of judges, each of which will have 1,000 tokens to contribute towards the voting process.
One judge, Alex Shelkovnikov, Deloitte’s blockchain and corporate venturing lead in the United Kingdom, said he will be looking for real-world impact as well as a team’s potential to operate a successful startup.
“There is a good variety of ideas,” Shelkovnikov said. “Quite a few of them I would consider as innovative and very promising.”
“[EtherCamp] allows for a larger [global] scale compared to a typical hackathon,” he said, emphasizing the event’s ability to bring together developers from around the world and form teams that would not otherwise exist. “[This] hopefully should result in top quality teams coming together.”
Deloitte has supported EtherCamp with a monetary contribution, joining Innogy and WanXiang Blockchain Labs.
“We have great interest in moving [the] evolution of blockchain technology forward and would like to support the community,” Shelkovnikov said.
Shelkovnikov said the hackathon and Virtual Accelerator encourage not only the generation of innovative ideas, but also practical implementation.
Also read: Deloitte becomes gold sponsor of Ether Camp hackathon
EtherCamp will continue to raise funds via an ICO for its Hacker Gold tokens, which will power the Virtual Accelerator in the future.
At the time this report, the ICO has sold more than 15.2 million Hacker Gold tokens, worth more than $700,000 USD at current market valuations for Ethereum.
Following its pre-established pricing schedule, investors can purchase 1,000 Hacker Gold for 6.7 Ether.
Featured image from Ether.Camp.