Welcome to Soario and Karmeq's 2024 Finance Hackathon! During the last week of November and first week of December, hackers from around the world will compete to build finance-centered applications to solve the biggest problems in fintech. Their submissions will then be judged from industry professionals and students at top CS programs such as Berkeley, MIT, Stanford, & more.
Students can work solo or in teams to develop their application. We don’t restrict hackathon participants on what tools, frameworks, or platforms they chose to build on. However, all participants for this hackathon must sign up to Karmeq to officially register (this is the stock gifting platform that we distribute prizes on). This is completely free and takes less than two minutes.
Join us for this exciting hackathon where you can show off your skills, connect with like-minded peers, and have fun along the way!
ABOUT THE SPONSOR:
KARMEQ is a broker/dealer investing platform that endeavors to address (what we see as) the single greatest challenge facing American today – the Wealth Gap. KARMEQ’s mission is to inspire and enable financial independence for future generations, by enabling users to easily purchase and send (or receive) stocks as gifts. As an alternative to traditional retail gifts and gift cards, KARMEQ seeks to promote early wealth building and financial literacy. Connect with the founder at: https://www.linkedin.com/in/darrell-young-3baba3/
Requirements
What to Build: We aim for participants to build applications that solve problems in the fintech space. We don't have restrictions on what tools to use or exactly what problems you must tackle. The choice is in your hands.
What to Submit: students will submit their app in a 2-5 minute video detailing the problem that they solved as well as walkthrough of the application they built. Their submission will be judged based on the following criteria:
- Relevance of financial problem tackled (are you tackling a major problem?)
- Consumer usefulness and functionality (would people actually use this?)
- UI/UX design (does it look and feel good?)
- Clear video presentation (did you clearly convey all aspects of your app well?)
Prizes
1st Place: $250 Karmeq Stock Prize
The 1st Place Winner will receive $250 worth of tradeable stocks on Karmeq's platform.
2nd Place - 5th Place: $15 Karmeq Stock Prize
Places 2 through 10 will receive $10 worth of tradeable stocks on Karmeq's platform.
Soario Internship
The winning team (or individual) will be offered an internship at Soario over the 24-25 academic school year. This internship will provide an extremely valuable experience to students, as they will work directly with Soario's courses, partners, and future competitions. This is an amazing opportunity to grow your tech/entrepreneurship skills as well as add an impactful position to your resume.
Devpost Achievements
Submitting to this hackathon could earn you:
Judges
Rohan Philip
Co-Founder @ Soario
Ethan Chen
Co-Founder @ Soario
Adam Elitzer
CS @ MIT
Judging Criteria
-
Relevance of Financial Problem Tackled
Does the app address a significant and meaningful problem in the fintech space that has a substantial impact on users or society? -
Consumer Usefulness and Functionality
How practical and valuable is the app for everyday users? Does it offer functional and user-friendly features that people would genuinely find beneficial and want to use regularly? -
UI/UX Design
How intuitive and visually appealing is the app's interface? Does it provide a seamless and enjoyable user experience? -
Clear Video Presentation
Does the video effectively explain the problem being addressed and demonstrate the app's functionality? Is the presentation clear, comprehensive, and engaging?
Questions? Email the hackathon manager
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