Eight teams of blockchain and Bitcoin all-stars from elite universities across North America competed in the tournament, fighting for the Blockchain Cup and prestige. Teams from the Massachusetts Institute of Technology, New York University, the University of California-Berkeley and Georgia Tech representing the United States competed against McGill, the University of Toronto, Wilfrid Laurier, Queen’s in Canada.
Since there are four Canadian teams versus four American teams, a bit of friendly competition was created.
“I’m very excited for our club to represent Canada and to have won such a prestigious tournament against other blockchain enthusiasts,” said Alex Altman, one of the founders of the Laurier Bitcoin Club, to Bitcoin Canada.
Nchinda, the executive director of the MIT Bitcoin Club, said in a comment to Bitcoin Magazine that "BEN is showing promise to realize the goal of a network of clubs interested in the research and development of blockchain technology in a way CCN [College Cryptocurrency Network] never did. I await the next challenge."
Ryan Loberg, captain of the Queen’s team, says, “Thank you BEN for putting this together and getting students involved in Bitcoin and blockchain technology.”
Nicholas Abouzeid, Director of Operations for the Blockchain Education Network, provided the following statement to explain the motivation behind organizing the tournament:
“We believe in providing an environment that allows students to connect and where successful grassroots initiatives become global movements. In December, we piloted a trivia competition between the MIT and McGill student clubs. Now with six schools across North America, Blockchain Madness is a way to discover trailblazing student clubs around the world and identify top students with proven technical skills and experience. We want the students who compete in March Madness to be seen as student all-stars, in a way similar to basketball players who compete in March Madness.”
There will be three head-to-head matches, and the winning team from each will compete in a final round. Each match is set up in a similar way to a Jeopardy game. There are four categories with five questions in each category. Teams alternate choosing which question is asked and both teams are able to answer each question. If the team answers the question correctly, it is awarded points, and if it answers incorrectly it loses points.
There are a few variations from a typical Jeopardy game. There are two “DISRUPT” tiles, where the tile has a multiple of the number of points, or other fun variations to present unknown elements into the game that can help a team catch up or cement a victory. The last tile is called a “Last Chance,” and each team is able to wager as many points as it has up to that point before seeing the question.
Purse.io is the title sponsor of the event, and to celebrate, each campus is being given a refferal link for their campus, with a prize for the team that creates the most buzz.
In addition, for two weeks leading up to the event, the Blockchain Education Network will post trivia questions daily to Twitter. Each question will have a certain value attached, and it will tally the scores from the community and create a scoreboard. Whoever has the most points by the start of Blockchain Madness will receive a prize.