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by chazandchaz 4508 days ago
"All materials submitted in connection with this Contest will not be returned. By participating, you agree to be bound by these Rules including all eligibility requirements. Participants acknowledge and agree that all entry materials submitted in connection with this competition are submitted on a non-confidential basis and may be used by Coinbase, its agents, subsidiaries, and related companies, for advertising and promotional purposes. Coinbase reserves all rights, including the right to edit, publish, use, adapt, and modify proper names, likenesses, and photographs for advertising and promotional purposes in all media (including, but not limited to, the internet) without additional compensation, expect where prohibited by law." -http://bithackathon.com/terms.html

This seems like a pretty brilliant way to get tons of apps for only 18k

3 comments

I like the part where they say they reserve the right to edit and modify names, likenesses and photographs. Basically they could take your product and say that their internal team made it if they wanted to.

   "for advertising and promotional purposes"
Basically you give the right to Coinbase to mention or showcase the app somewhere, similar to the App Store.

The terms also state this:

   "Grant of License: All Contest submissions shall 
    remain the property of the submitting Participant."
"expect where prohibited by law"