NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

MIT Bitcoin Project Announces BitComp, Summer Competition $15k Prizes

newsbtc
newsbtc
5 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

MIT made headline just a few weeks ago with news the school’s bitcoin club would be arranging to have all undergraduate students at the institution receive $100 worth of bitcoin for free.

They’re taking it a step further, it seems. The MIT Bitcoin Project has announced BitComp a summer-long competition that will have developers create innovative bitcoin-related apps and programs.

It’s all in effort to get more developers in the bitcoin space, which would obviously have an all-around positive impact on the community.

In order to be eligible, participants must currently be an MIT student or alumni. There can be groups of 1 – 5 people, and they must present original work (a given, really).

Over the summer, there will be three deadlines for submission.

On June 22nd (which is coming up faster than you think), a 250-word pitch will need to be submitted by participants. Three $250 “topic” prizes will be awarded.

We know you’re wondering what a topic prize is, so here it is (quoted exactly as posted on this link):

  • Improving MIT Award: Application or service with most potential for improving some aspect of student life at MIT
  • Engineering Award: Application or service that features impressive engineering or that is effective in demonstrating the capabilities of Bitcoin.
  • Evangelism Award: Best application or service for introducing new users to Bitcoin
  • Next Billion Award: Application or service that best addresses challenges in developing nations
  • Awesome Award: Application, service, or project that’s just plain cool, fun, or creative

The next prize hand-off will be on July 27th, where the participants’ demo video will need to be submitted. Again here were have topic prizes; three $750 awards.

And finally, on August 24th it all comes to a close when each team’s practical demo will need to be shown off. There are five $1,500 topic prizes awarded on this day and one $5,000 grand prize winner.

Could the next big software in the bitcoin space come from this? We’ll just have to wait and see.

For more information, you can view the BitComp website here.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin May See Selloff If $100,000 Support Fails — Here’s Why

After a short-lived display of bullish momentum, where price returned as high as about $116,000 after the tariff-induced flash crash,...

Semilore Faleti 5 hours ago
Bitcoin

Influencer Warns Bitcoin ‘Accident’ Ahead, Says Even The Ambulance Can Crash

According to posts and short clips published on October 17, 2025, social media personality Andrew Tate warned that Bitcoin could...

Christian Encila 7 hours ago
Het beste crypto moment is nu - iedereen verliest de hoop, volgt de bull run?

Het beste crypto moment is nu – iedereen verliest de hoop, volgt de bull run?

De cryptomarkt ging de afgelopen week fors onderuit. De crypto market cap daalde met ruim 12% en zag een kapitaaluitstroom...

Lars Diederiksen 8 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Investors Pile In After Bitcoin’s Decline — Here’s What It Could Mean

Semilore Faleti 8 minutes ago

$536M In Sell Pressure: Why Bitcoin And Ethereum Prices Crashed

Scott Matherson 1 hour ago
Bitcoin

More Pain Ahead? Bitcoin Trendline Breach Sparks Talk Of Corrective Wave In Play

Godspower Owie 2 hours ago

Premium Sponsors

Press Releases

  • Najlepsze presale kryptowalut: dlaczego prognozuje się...

    7 hours ago
  • 新しい仮想通貨が登場:ビットコインをより速く、低コストでDeFi対応へ導く革新プロジェクト

    ...

    13 hours ago
  • Най-добрите крипто пресейлове защо се прогнозира Maxi Doge да нарасне 100x до 2026 г.

    Най-добрите крипто пресейлове...

    1 day ago
  • ドージコイン 今後 の価格見通し:ETF期待とクジラ買い集めが示すブレイクアウトの兆し

    ドージコイン 今後...

    1 day ago
  • リップル 今後の価格予測:5倍ETF申請で上昇に拍車か — 100ドル到達は目前?

    リップル...

    2 days ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.