TON Global BTCFi Hackathon kicks off with a million-dollar prize pool, and the Shenzhen station leads the way!

BTCFi Hackathon will redefine the interaction between Bitcoin and TON & Telegram ecology, accelerate the mass application of tgBTC, unlock new possibilities, and kick off the Shenzhen Warm-Up Workshop on January 10, 2025. (Background: "To the MOO" joins hands with TON giants to advance BTCFi and share BTC rewards with tgBTC) (Background: TONX founder Dr. Awesome Doge: BTC opens the Web3 era, TON is a masterpiece) This article is a sponsored article, written and provided by TONX, does not represent the position of Gate.io, nor is it investment advice, purchase or sale advice. See the end of the article for responsibility warning. The BTCFi Hackathon presented by TONX, TonBit, TON Foundation, TON Society, and TON Core is officially launched! This event will ignite innovation globally, aiming to redefine the interaction between Bitcoin and TON & Telegram ecology, accelerate the mass application of tgBTC, and unlock new possibilities. Throughout the global schedule, the Shenzhen Warm-Up Workshop will kick off on January 10, 2025 at the Bays Work Roadshow Hall, 1st floor, Building G, North Area of Qianhai Youth DreamWorks, Nanshan District, Shenzhen. Let's understand this highly anticipated Hackathon event together, gain inspiration, win million-level prize pools, and ride the wave of TON! I. Overview of TON Global BTCFi Hackathon The BTCFi Hackathon focuses on the application and landing of tgBTC in the TON blockchain ecology, providing fertile ground for the next generation of blockchain innovation. Developers and teams will brainstorm and practice around the following core topics: 1. Power of Liquidity Aiming to build a future-oriented Liquidity solution for tgBTC, which can enhance trading Depth in the Decentralization market and also cater to the extensive use of centralized platforms. Specific requirements include: Market Impact: Enhancing tgBTC Liquidity in various markets to achieve true interaction of supply and demand and high-frequency usage, thereby promoting wider awareness and adoption; Scalability: The solution should be able to expand in line with market demand and the continuous growth of the ecosystem, with the potential for rapid iteration and continuous optimization; Technical Feasibility: Clear implementation ideas, operable technical frameworks, and controllable risks are required to lay a solid foundation for subsequent deployment and evolution; Innovation: Challenging the inherent industry model with a new thinking dimension, injecting continuous vitality into the development of tgBTC. 2. Power of Distribution Focusing on integrating tgBTC more easily into the daily usage scenarios of global Web2 and Web3 users, breaking geographical and technical barriers. Specific requirements include: Ease of Adoption: Minimizing the operational difficulty at each stage from transaction process, holding method to actual application, enabling users to experience tgBTC seamlessly; Global Reach: Prioritizing the exploration of underexplored regions, creating feasible landing strategies and distribution models to enhance the radiation of tgBTC globally; User Experience: Providing a concise and intuitive design, appealing to both beginners and seasoned players in the Web2 and Web3 communities; Inclusivity: Ensuring compatibility in product form and landing solutions, taking into full account different cultures, languages, and usage habits, allowing more people the opportunity to access and use tgBTC. 3. Power of Yield Aiming to bring more substantial and sustainable earning scenarios to tgBTC through innovative Decentralized Finance protocol integration. Specific requirements include: Decentralized Finance Integration: Exploring diversified applications of tgBTC in various protocols such as Farming, Staking, Lending, etc., creating more opportunities for earning; Yield Sustainability: Proposing innovative solutions that operate stably in the long term, balancing yield and risk, ensuring the sustainability of the earning model; Risk Mitigation: Minimizing user risks through Decentralization governance, Smart Contract audit, collateral ratio design, etc.; Creative Vision: Empowering tgBTC with a breakthrough vision, enabling it to possess unique competitiveness in the investment and financial field, leading the next wave of Decentralized Finance. 4. Overall Excellence Digging out projects and teams with truly breakthrough value based on the comprehensive consideration of the technical Depth, business potential, and creative performance of the projects. Specific requirements include: Quality of Solution: Balancing creativity and technology, ensuring a high degree of alignment between the project and tgBTC goals, and possessing strong technical reliability; Business Viability: Clear business model and long-term development path, capable of attracting more market attention and resource input; Adoption Strategy: Clear promotion plan and competitive strategy, capable of quickly guiding users and forming a scale effect; Integration with TONX API: Effective use of tools and interfaces provided by TONX in development, enhancing the overall performance and ecological impact of the project; Proactive Security Solutions: Providing comprehensive security solutions from Smart Contract vulnerabilities, user data protection, to resistance against Liquidity manipulation, encouraging the use of multi-signature Wallets (such as Tonkey) to enhance security. 5. Bonus Points In addition, if the project can integrate with the TON Connect standard at the user interaction level and use the Telegram Mini-App as the main interface, leveraging the widespread user base of this social platform to quickly reach and attract potential users; and if it can expand market awareness through unique and far-reaching tgBTC application scenarios, further highlighting the functionality and innovative value of tgBTC; finally, if it can fully integrate the technical tools and solutions provided by TONX API, it will bring additional bonus points and a deeper ecological impact to the project. Nomination Conditions: Only for new teams and...