An invitation for applications to participate in a $50,000 Ether coder hackathon was launched. The announcement of the 5-week hackathon is coming in time for the Ethereum hard fork planned to occur at block 1,920,000, which should be on July 20 or 21 depending on time zone.

It is an event where participants will be part of a team to build “a real product while the entire crypto community watches and casts their vote on what captures their imagination,” according to hack.ether.camp.

Participants will tell the story behind their innovative ideas and turn them into a working product with the winning app creator getting $50,000 in Bitcoin, Ether, or any other major cryptocurrency of choice.

Though the event’s homepage says experienced hackers and entrepreneurs have been invited to influence the competition right from the start, the exact date for the hackathon which it says will start in October is not provided.

However, it would be worth noting that it would be about a month after about 800 Ethereum developers and enthusiasts would have converged in Shanghai, China for the Ethereum DevCon 2 to discuss newest advances in technology and trends in web 3.0 development - a move that has been praised to be one of the most brilliant by Ethereum.

This edition of the hackathon which has Co-Founder of Ethereum and ConsenSys, Joseph Lubin, Founder of Augur, Jack Peterson and the Founder of <ether.camp>, Roman Mandeleil, as some of this year’s judges, is a step higher to the previous edition which also offered developers the opportunity to take advantage of the most advanced Blockchain technology as a new way of developing programs and a paradigm shift.

It lasted over three days with 14 judges, 43 camps and over 100 coders with a team walking away with a grand prize of 5000 Ether. Camp iudex built a transparent reputation index for web identity, on Ethereum.