The BTCFi Hackathon will redefine the interaction between Bitcoin and the TON & Telegram ecosystem, accelerating the widespread application of tgBTC and unlocking new possibilities. The Shenzhen Warm-Up Workshop will kick off on January 10, 2025. (Background: "To the MOO" collaborates with TON giants to advance BTCFi and share Bitcoin rewards from tgBTC) (Context: TONX founder Dr. Awesome Doge: Bitcoin opens the Web3 era, TON is the culmination of efforts) This article is a sponsored piece written and provided by TONX, and does not represent the position of the blockchain community, nor is it investment advice, purchase or sale suggestions. Please refer to the end of the article for the liability disclaimer. The BTCFi Hackathon, co-presented by TONX, TonBit, TON Foundation, TON Society, and TON Core, has officially begun! This grand event aims to ignite the torch of innovation globally, redefining the interaction between Bitcoin and the TON & Telegram ecosystem, accelerating the widespread application of tgBTC, and unlocking new possibilities. The Shenzhen Warm-Up Workshop will be held on January 10, 2025, at the Bays Work auditorium, located on the 1st floor of Building G, Qianhai Youth Dream Factory, Nanshan District, Shenzhen. Let’s explore this highly anticipated Hackathon event, gain inspiration, win from a million-dollar prize pool, and ride the waves of TON! 1. Overview of TON Global BTCFi Hackathon This BTCFi Hackathon focuses on the application and implementation of tgBTC within the TON blockchain ecosystem, providing fertile ground for the next generation of blockchain innovation. Developers and teams will brainstorm and practice around the following core propositions: 1. Power of Liquidity aims to create future-oriented liquidity solutions for tgBTC, enhancing trading depth in decentralized markets while accommodating widespread use on centralized platforms. Specific requirements include: Market Impact: Enhance tgBTC liquidity across various markets to achieve true supply-demand interaction and high-frequency usage, thereby promoting broader recognition and adoption; Scalability: Solutions should be able to adapt to the growing market demand and ecosystem scale, with the potential for rapid iteration and continuous optimization; Technical Feasibility: A clear implementation approach, operational technical framework, and manageable risks to lay a solid foundation for subsequent deployment and evolution; Innovation: Challenge traditional liquidity strategies with new thinking dimensions to inject continuous vitality into tgBTC's development. 2. Power of Distribution focuses on making tgBTC easily integrate into the daily usage scenarios of global Web2 and Web3 users, breaking down geographical and technical barriers. Specific requirements include: Ease of Adoption: Minimize operational difficulties at each stage of the trading process, holding methods, and practical applications, allowing users to experience tgBTC without barriers; Global Reach: Prioritize under-explored regions, creating feasible landing strategies and distribution models to enhance tgBTC's global reach; User Experience: Cater to both beginners and seasoned players with simple and intuitive designs, enhancing appeal to Web2 and Web3 communities; Inclusivity: Ensure compatibility in product forms and landing solutions by considering diverse cultures, languages, and usage habits, giving more people the opportunity to access and use tgBTC. 3. Power of Yield aims to bring more substantial and sustainable yield scenarios to tgBTC through innovative DeFi protocol integration. Specific requirements include: DeFi Integration: Explore diverse applications of tgBTC in various protocols such as Farming, Staking, Lending, etc., creating more opportunities for yield generation; Yield Sustainability: Propose innovative solutions that can operate stably in the long term, balancing yield rates and risks to ensure sustainable yield models; Risk Mitigation: Minimize user risks through decentralized governance, smart contract audits, and collateral rate design; Creative Vision: Empower tgBTC with groundbreaking ideas, enabling it to have unique competitiveness in the investment and financial management fields, leading the next wave of DeFi trends. 4. Overall Excellence Based on a comprehensive consideration of the project's technical depth, commercial potential, and creative performance, we aim to discover projects and teams with genuinely disruptive value. Specific requirements include: Quality of Solution: Focus on a balanced approach between creativity and technology, ensuring that the project aligns closely with tgBTC's goals and has strong technical reliability; Business Viability: Clear business models and long-term development paths that can attract more market attention and resource investment; Adoption Strategy: Propose clear promotion plans and competitive strategies that can quickly guide users to adopt and create scale effects; Integration with TONX API: Effectively utilize the tools and interfaces provided by TONX during development to enhance the overall performance and ecological impact of the project; Proactive Security Solutions: Provide comprehensive security solutions addressing smart contract vulnerabilities, user data protection, and anti-manipulation measures, encouraging the use of multi-signature wallets (e.g., Tonkey) to enhance security. 5. Bonus Points In addition, if the project can integrate the TON Connect standard at the user interaction level and use Telegram Mini-App as the main interface, leveraging this social platform's extensive user base will help quickly reach and attract potential users; at the same time, expanding market awareness through unique and impactful tgBTC application scenarios will further highlight tgBTC's functionality and innovative value; finally, fully integrating the technology and tools provided by the TONX API will also give the project extra points and deeper ecological impact. Nomination Criteria: Limited to new teams and...