100% — A Tale of Hackathons A thought came to me the other…
100% — A Tale of Hackathons
A thought came to me the other day. I was in one of those moods where you stop scrolling, stop predicting, stop pretending the market makes sense, and you just sit there asking yourself simple questions.
Mine was this: what have the chains actually been doing to bring builders in?
So I looked. The last six to eight months. Hackathons specifically — because hackathons are the front door. They're where projects say to developers: come in, build something, we'll pay you, we'll showcase you, we'll celebrate you. They're how a chain shows it's serious about builders rather than just about price.
Here is what I found.
Sui Overflow 2025 — $500,000 prize pool. 599 project submissions. 36 winners across 9 tracks. All published. All named. All linked.
TRON Grand Hackathon — $500,000 prize pool. 120+ project submissions. Public winners with project descriptions. All documented.
Bybit Web3 Unleashed #3 — $140,000 prize pool. 90 teams. 5 global winners named with project pitches. Full media follow-up.
BNB Chain Buenos Aires — $160,000 prize pool. 19 projects judged. Winners: NiR Finance, OmniTip, WingFi. All named. All described. All on record.
ETHShanghai 2025 — Multiple tracks. Real prize money. Winning project (Yield Market) named with detailed write-up. Cross-chain attention.
Algorand 2025 hackathons — 200+ projects across the year. 500+ developers engaged. Project showcase regularly published.
Now we come to BSV.
Open Run Asia — Three months long (October 23 to December 17, 2025). $15,000 prize pool. India, Philippines, Vietnam, Thailand, South Korea, Japan, UAE, and Singapore as participating regions.
No named winners. No published project showcase. No follow-up. No "here is what got built." No "here is who did the building." Three months. Asia-wide. $15,000.
Read it again.
The prize money is 10 to 33 times smaller than its peers. The duration is longer. The marketing was thinner. And six months on, the chain that prides itself on being technical, scalable, infinitely useful — has nothing to show the world for it.
I hold BSV. I stack BSV. I built platforms that use BSV — not platforms built on BSV, because the tooling has never been there for that. I built platforms that draw on BSV for what it can do, while running on infrastructure that actually works today.
My voice on this is the voice of someone who watched the door open, walked through it, and found nobody inside.
Let us ponder on this full well.
Suggestions to follow.
Replies
good critique
Agree, could be more done on that front, but i don't really compare BSV to a trillion $$$ ponzi industry or put BSV in that bracket. I think they are going for a top down approach, they know the largest organisations will benefit massively overnight by adopting BSV and they are getting ready to bring them on, the technology will then trickle down because, to remain competitive, everyone else would have to use it.