The 2019 MU Blockathon was the first hackathon that MUBC has held and we believe it was more than a success. This was one of the first times that MUBC was able to see how its members and fellow students can innovate in this space. The main goal of the Blockathon was to be focused on business applications of the technology, and this is where the bulk of the prize money was awarded. The second portion of the prize money was awarded to the teams who could build the best proof of concept. This involved many teams using technologies such as Ethereum to build their ideas on. Each team’s business idea and proof of concept was to be presented to our panel of judges at the end of the weekend.
Our panel of judges consisted of a plethora of professionals from the industry which made for an excellent competition. We had Arthur Carvalho from FSB, Adam Koehler from CPROP, Vasanthi Chalasani from P&G, Patrick Young from Custody Digital Group, Spencer Applebaum from Multicoin Capital, Michael Hiles from 10XTS, John Bentley, II from 10XTS and Kelby Price from Kentucky Science and Technology Corporation.
Through the help of our sponsors that came out we were able to have a weekend filled with food, workshops and excellent competition.
After a great weekend of learning about Blockchain here are the results of the first ever Miami University Blockathon!
Each team left with a cash prize and a better understanding of how Blockchain works and how it can be applied to industry. We can't wait to see what next year brings!
A: None, though a basic understanding is recommended. We will also have education sessions for those who want/ need it before and during the competition. We will also have professional mentors that will be walking around the rooms all weekend. There are also learning resources here.
A: NO! There are separate technical prizes of around $300, however, the majority of the prize pool does not consider technical demonstrations, only a business model.
A: Theorize a business model that is reliant on a distributed ledger (Blockchain). You should pitch a blockchain solution that provides new value and solves a business or world problem.
A: No. Any distributed ledger technology (DLT) is acceptable. If the core concepts of DLT are adhered to in your idea/ pitch, you don't need to specify any exact blockchain.
A: Professionalism, creativity, validity of the business model, ability to scale, the understanding and implementation of Blockchain in the model, and the usefulness of your solution. You will have 10 minutes to present, with an extra 5 minutes if you have a proof of concept. We will send out the final rubric during the event.
A: The ability to explain blockchain to friends, colleagues, and employers, multiple cash prizes from a pool of around $1000, and a free t-shirt to remember the event by. Also, the ability to gain and solidify connections with other University students, professionals, and alumni.
A: Not exactly. You need to be there to register and present, but you will regret not being in Benton or Farmer on Saturday as we will have professional presenters and blockchain developers mentoring you through your struggles. We will also have free food throughout the weekend in the Engineering school. However, you can do your work wherever if you so choose.
A: Yes, teams of 3-5 participants will compete. If you do not have a team, we will assist you in finding one by Friday, November 15th.