exSat Launches $5 Million Developer Incentive Program and Announces Bitcoin Ideathon

BlockBeats reported that on December 19, Bitcoin scaling solution exSat announced the launch of a $5 million developer incentive program, which aims to promote the development of innovative Dapps in the Bitcoin ecosystem. The program will select outstanding developer teams through three rounds of competition, and the winning team will participate in the demo day at the Bitcoin 2025 conference in Las Vegas in May 2025 to gain top exposure.

The first round of the competition, the "Innovative Thinking Competition (Ideathon)", will be launched in January 2025, inviting developers, entrepreneurs and forward-thinking people to submit innovative solutions focusing on Bitcoin's scalability, enhancing interoperability or developing new real-world applications.

Ideathon winners will have the opportunity to participate in the second round of MVP and the final exSat hackathon official competition. The exSat team will provide Launchpad and DEX support, and provide investment to help developer teams realize their projects.