PayPal X Developer Challenge with $160k prizes

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PayPal have announced the second PayPalX developers competition with a prize fund of up to $160,000. The first prize will be $100,000 made up of $50,000 into the winner’s PayPal account and $50,000 in waived transaction fees. There will be further prizes of $10,000 for:

* Best application built from the PayPal X Mobile Payments Library;
* Best application built by university students;
* Best consumer application;
* Best application for cross-border commerce;
* Best application built on the Yahoo! platform (provided by the Yahoo! Developer Network);
* Best application built on the eBay platform (provided by eBay).

The winners will be announced at the PayPal X Innovate 2010 developer conference which will is scheduled for October 26th and 27th in San Francisco.

Full details of the competition are available at x.com and booking for PayPal X Innovate 2010 will open in July.

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