- In the culmination of the hackathon activities, an exclusive showcase will be held at Bitcoin 2025 in Las Vegas.
- The initiative will roll out with the assistance of a number of different developer contests during the course of the next year.
The leading Bitcoin scaling solution, exSat, is thrilled to announce the launch of a developer incentive program with a total value of $5 million. This initiative is intended to stimulate creativity and speed up the development of the next generation of disruptive apps for the Bitcoin ecosystem. The initiative will roll out with the assistance of a number of different developer contests during the course of the next year, culminating in an exclusive display at Bitcoin 2025, which will take place in Las Vegas.
An Ideathon will be held in January 2025 to start off the initiative. Developers, entrepreneurs, and visionaries will be invited to participate in the event and submit creative ideas that solve Bitcoin’s scalability, boost interoperability, or unleash new real-world applications. They will compete for possibilities to join the exSat Launchpad and receive investment to bring their innovations to reality. Winners of the Ideathon will be allowed to participate in future exSat hackathons and pitch competitions later in the year.
In the culmination of the hackathon activities, an exclusive showcase will be held at Bitcoin 2025 in Las Vegas. At this showcase, the most promising concepts will present their demonstrations and pitches to an audience from all over the world. exSat will be the dominant force in the limelight as a title sponsor, with an unmistakable presence on the conference floor, in the hackathon lounge, and on the main stage, where the founder of exSat, Yves La Rose, will deliver a keynote address to an audience consisting of investors, industry experts, and Bitcoin fans.
Yves La Rose, Founder of exSat stated:
There will be an announcement made in the coming weeks with further information on the developer incentive program. This information will include the January Ideathon, as well as following competitions and other financing possibilities. It is strongly recommended that developers subscribe to get information about how they may contribute.
exSat is committed to tackling the issues of Bitcoin’s scalability and interoperability in order to realize the goal of Bitcoin’s widespread adoption. Through the implementation of a Data Consensus Extension Protocol that combines Proof of Work (PoW) and Proof of Stake (PoS), exSat intends to improve the data consensus, scalability, security, and interoperability of Bitcoin within the ecosystem. The use of exSat also gives developers the ability to build a Bitcoin ecosystem that is both scalable and interoperable, all while preserving the network’s trustworthiness and safety.
