MicrovisionChain, a Bitcoin sidechain project also known as $SPACE, is gearing up to launch a developer contest in June, offering a whopping $1 million in prizes. The contest, which is expected to be a major draw for developers, will provide a unique opportunity for them to showcase their skills and creativity while working with the $SPACE platform.

MicrovisionChain is a Bitcoin sidechain solution that uses the same UTXO+POW consensus model as Bitcoin, making it a seamless transition for Bitcoin SHA256 miners. The project features a Turing-complete smart contract functionality, allowing developers to create complex and sophisticated contracts. Additionally, $SPACE corresponds 1:1 with Bitcoin's satoshi, making it a highly attractive option for those looking to leverage the power of Bitcoin while still enjoying the benefits of a sidechain.

The developer contest is a significant step forward for MicrovisionChain, as it aims to attract top talent and encourage innovation on the platform. By offering a substantial prize pool, the project is hoping to incentivize developers to create cutting-edge applications and solutions that will drive growth and adoption.

The contest is expected to be a highly competitive event, with developers from around the world vying for the top prizes. The competition will be judged based on a variety of criteria, including the creativity and originality of the submissions, as well as their potential impact on the $SPACE ecosystem.

In conclusion, MicrovisionChain's developer contest is a major milestone for the project, offering a unique opportunity for developers to showcase their skills and creativity while working with the $SPACE platform. With a prize pool of $1 million in $SPACE tokens, the contest is sure to attract top talent and drive innovation on the platform.