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Rewards & Participation Rules

This hackathon uses a Results-Based Financing (RBF) model. That means you earn rewards by showing up, completing missions, and collaborating with your team - not just by winning.

How Rewards Work

Total Reward Pool

USDC 5,000

Teams

10 teams

Participants

Up to 50

Per Team

5 students

  • Rewards are distributed through milestones, not as a single prize.
  • Payments are executed via a smart contract based on verified completion.
  • Any unused funds roll into the final completion pool, increasing rewards for teams that finish strong.

Eligibility Requirements

To be eligible for rewards, participants must:

  • Be registered for the hackathon
  • Be assigned to a registered team
  • Complete onboarding requirements
  • Log in and participate according to the event schedule
  • Submit required deliverables by the stated deadlines

Failure to meet the criteria for a specific milestone means that milestone reward will not be triggered.

Milestone Breakdown

M1 - Onboarding & Readiness

USDC 100/team

Triggered when:

  • At least one team member attends the 60-minute onboarding session
  • The team completes Moodle login
  • The team sets up and verifies a MetaMask wallet

Teams that do not complete onboarding are not eligible for this reward. Unused funds roll into the final completion pool.

Note: The onboarding session date will be confirmed and communicated via email to all registered participants.

M2 - Enrollment & Daily Attendance

Up to USDC 20/participant

Participants earn rewards for logging into Moodle within one hour of the event start time on each day:

Friday, Feb 6

Opening Event

USDC 4

Saturday, Feb 7

Hackathon Day 1

USDC 8

Sunday, Feb 8

Hackathon Day 2

USDC 8

Attendance rewards are paid per individual, based on verified logins. Unused funds roll into the final completion pool.

M3 - Mission Completion

USDC 10/mission/team
  • There are 12 missions in total
  • Each completed mission triggers an immediate reward of USDC 10
  • Partial completion is rewarded - teams earn for each mission completed

Deadlines:

  • Missions 1-6: Saturday, Feb 7 at 11:59 PM
  • Missions 7-12: Sunday, Feb 8 at 3:00 PM

Late submissions do not trigger rewards. Missed missions → unused funds roll into M5.

M4 - Excellence Badges

USDC 10/badge

Badges recognize standout individual contributions and are limited in number:

  • Friday activity excellence badges
  • Mission-based excellence badges

Badges are awarded manually based on peer and marketplace evaluation. Badge rewards are paid to the team wallet of the recipient. Unawarded badges roll into the final completion pool.

M5 - Final Evokation Completion Pool

USDC 95/team + rollover

Triggered when:

  • The team presents the final Evokation
  • All required deliverables are submitted
  • The final presentation is completed

All unused funds from previous milestones are added to this pool and distributed evenly among qualifying teams.

M6 - Final Dividend / Investment Trigger

Pool: USDC 500

After final presentations:

  • Teams participate in a voting or investment-style mechanism
  • Only votes aligned with the final winning team(s) qualify
  • Rewards are distributed proportionally based on correct allocations

There is no minimum or maximum payout per team for this milestone.

Important Notes

  • •Rewards are performance-based, not guaranteed
  • •Final payouts depend on participation, completion, and team performance
  • •The RBF model is designed to reward effort, progress, and collaboration
  • •All times listed are in Mountain Daylight Time (MDT)
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