> For the complete documentation index, see [llms.txt](https://docs.chiliz.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.chiliz.com/community/developers-events/chiliz-sports-hackathon-july-2024/the-prize-money.md).

# The Prize Money

* **1st Place**: $10,000 (paid in instalments upon completing 3 milestones)
* **2nd Place**: $6,000 (paid in instalments upon completing 3 milestones)
* **Community Award**: $4,000 (paid in instalments upon completing 3 milestones)

Prize money will be split into 3 instalments and each instalment will be paid upon completing relevant milestone.

First installment: Winning a prize in the hackathon (33%)\
Second installment: Have the product fully operating on Chiliz Chain (mainnet). (33%)\
Third instalment: Have 50+ on-chain transactions (from unique addresses) per month for three months. (33%)

Additionally, winners will have the opportunity to:

* Feature in an upcoming Chiliz brand campaign.
* Gain exposure across the Web3 industry, attracting new users and investors.
* Receive support from the Chiliz team to build the creative side of your project.
* Promotion across Chiliz social media, email, and other marketing platforms.


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