Rootstock: Bitcoin Scaling Hackathon

Repository for "Rootstock: Bitcoin Scaling Hackathon" submissions

Submission process

In order to submit a project, follow these steps:

1- Fork this repository

2- Create a folder with your project name and include every deliverable of your project inside it

3- Submit a PR. This is what will be reviewed during the judging stage.

Submission details

Phase I: Ideathon

• A written proposal outlining the idea and its potential impact on the web3/Bitcoin/Rootstock ecosystem
  • Executive Summary
  • Project Overview:
    • A clear and concise summary of the project.
    • Overview of the project include:
      • Problem you are solving
      • The solution
      • Potential Impact

Individuals and business who earn most of their income through crypto assets, routinely need to off ramp their money from DeFi to TradFi for paying bills. This process is manual, slow and requires to surrender custody of assets to a 3rd party. We want to build the simplest ramp for DeFi natives to interact with the real world without ever leaving DeFi. Replacing sending money to a centralized exchange for providing an ERC-20 allowance of stablecoins to us, users can spend their assets with the credit card we provide, paying natively in DeFi while we handle the ramp with card issuers on our end. Our product provides the best user experience for the growing DeFi native population.

• Background & Context:
  • Use this section to provide background information and insight into the problem your project is addressing.
  • Explain why the problem you’re tackling is important.
• Value Proposition
  • Outline the value proposition of your solution. Explain why it is innovative, effective or better than existing solutions.
  • Highlight the key benefits to your target audience.
• Technical Description
  • At this stage, you do not need to provide the code base.
  • Provide a technical description of your project. Cover key features and functionalities.
  • Explain how your solution works on Rootstock, what RIF (if any) technologies you are leveraging and how it addresses the problem you are solving.
• Market Analysis
  • Provide a lite-analysis on the market opportunity your problem is solving.
  • How is your solution addressing a large market (TAM)?
  • How is your solution better than incumbent competitors?
• Project Plan
  • What is your plan to bring your idea to market?
• Team & Resources
  • Team Members
  • Team-Market Fit
  • What resources will you need and utilize?
• Conclusion