we believe there are preparing very well before they submit.
Different rules and your project must be at certain level in order to receive full price so you can’t just submit a project you haven’t started or a that’s in a planning stage
There is the fact that they need at least a MVP to pass the first round that might push projects to consider more seriously before applying.
Some projects have already participated 3 times and might want to take a rest for this season and focus on the products they have already built.
Every season, there is a rush in the last few days. Lot of projects applying just before the deadline which is, this time, on April 15. So one month and a half to go.
The prize pool went from 1.2M to 500K. The first prizes from 60K to 20K. That might have had an impact as well.
Don’t forget to also have a look at Dorahacks. Some projects have already applied there but not on the forum yet.
Rest:- yes some already existing projects
Would take rest to develop their already existing projects
Some of those projects are doing well beyond the HACKATHON price ( I guess).
Prize pool:- BOTH reduction and increase of prize pool for each winining category
Can influence the numbers of participants in .
Yes , of recent I check Dorahack few projects where listed there.
Maybe it best the post here in this forum for us to s4
Well, previous winners come back not just for prizes but also and above all for the visibility.
As I said in an other topic (about projects not backed by VC), marketing often requires substantial funds. And the Hackathon is a form of marketing that not only doesn’t cost anything (if you have planned to build the product you are presenting anyway, there is no additional cost) but also potentially brings you funds.
We have also gotten to know that, the low turnout of projects in this forum is also as a hindrance on the part of Dorahacks as the number of projects submitted there does not reflect what we are seeing here.
The Admin said Dorahacks currently hold the keys to approval and it is only when they approve that they can get the permission to post here.