Coinbase announces BitHack winners

Home » Coinbase announces BitHack winners

CoinPlanterIn February, Coinbase announced BitHack, an online hackathon open for “all developers who want to create something great with bitcoin.” Using the Coinbase API, programmers had just over a month to compete for a total of $18,000 in prize money. After weeks of waiting, the winners were finally announced in a blog post yesterday.

First place went to CoinPlanter, a GPS-based geocaching app where users “hide” small amounts of bitcoin in specific locations. Although presented largely as a game, the app’s concepts do hint at innovative new kinds of bitcoin-based transactions, such as payment-on-delivery services. CoinPlanter took home a $10,000 prize.

Bitcoin transfer system Aircoin took second place. Very few details about the app were available, but it appears to be a custom NFC-based wallet service for smartphones. The judges seem to have been impressed with the app, awarding $5,000 to the developers.

Third-place winner Coinery is a bitcoin-based digital marketplace and distribution service. The third-place prize is $3,000.

Runner-up apps include social-media tipping app Bitfluence, bitcoin-investment stock ticker Coinbasis, trivia game Coin Grab, and social-media bitcoin “upvoting” system Leaven.

While BitHack appears to have been a success, at least one participating programmer has expressed concerns about the thoroughness of the judging process, noting that his Bitcoin Retail app had only been given a cursory look by the judges. Citing his activity logs, it appears that judges merely looked at the app’s homepage but never actually tried to use any of its features.

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