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The Free Market
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1. Welcome to the free market!
Welcome, guilds, to the underground society of the Free Market! Two to three months before the hackathon officially begins, every participant receives $100 in fake dollars. With this money, you can immediately start building your guild by creating a small busi...
2. The concept of money
Fake dollars are the lifeblood of the Free Market. Each guild starts with $100, but the economy is designed to be flexible and dynamic. Prices for items and services are subsidized to make experimentation affordable. For example, a Pinecil might cost $7 in the...
3. Camp layout and amenities
The Free Market is held in a big open field, divided into sections so you'll know where to sleep, eat, and work. The setup is simple and designed to make sure everyone has space to relax and have fun during the event. Most people will stay in shared tents, wi...
4. Guilds
Each guild functions like a miniature startup. The goal is to maximize your guild's resources. Guilds can merge, collaborate, or compete depending on their strategy. Think carefully about what your guild's niche will be: will you focus on hardware, software, t...
5. The Central Bank
The central bank is the economic backbone. It tracks all dollars, supports transactions, and allows automated transactions through the API. Guilds can make their own point-of-sale systems, track spending in Slack channels, or even develop mini financial apps. ...
6. Fair Play
No fraud. Fraud, scams, or misrepresentation are strictly forbidden. Always be honest in transactions, trades, and promotions of products or services. Be respectful. Treat all participants, volunteers, and staff with kindness. Disrespect, harassment, or dis...
7. Spending your money
At the end of the event, fake dollars can be spent on prizes and resources such as soldering irons, YubiKeys, 3D printers, and more. Your guild's success is measured by how well you earn, spend, and invest your fake dollars, not by a Fillout form. As with any ...