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I think we need more blockchain application that getting down to reality. It looks like the online hackathon going to the right way.
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Alex Shelkovnikov, corporate venturing and blockchain lead at Deloitte, and Meni Rosenfeld, founder of Cluster, a hub for disruptive technologies, will both join Lubin on the panel of judges. Each judge will have a portion of votes to award to the camps they favour.
This is why taking part could be more important than 'winning'- If I'm trying to create a peer to peer application, which after all is part of the promise of Blockchain tech, than Jaan Tallinn is a pretty important guy to be aware of your team...

"Jaan Tallinn is an Estonian programmer widely celebrated for writing the peer-to-peer engines of Kazaa and Skype."

I've been keeping an eye on this, and a thought occured. The prize money isnt as important as taking part.

"It will be a transformative event for the industry with hundreds of great ideas feeding into groundbreaking teams, all competing and showcasing their work,"

With the list of judges, and their idea behind 'fans', I think this could transform the Ethereum eco-system.