Plan B Network Launches $850K Bitcoin Pitch Contest CypherTank, Taps Tether and Blockstream Chiefs as Judges
Plan B Network and Plan B VC Fund have unveiled CypherTank, a Bitcoin-focused pitch competition taking place in Lugano during Plan B Forum. With over $850,000 in total prizes, the event features 11 selected projects (8 for-profit, 3 nonprofit) competing in categories such as on-chain Bitcoin tech, Lightning Network apps, and peer-to-peer innovations. Winners include a $450,000 pre-authorized investment for for-profit teams plus $200,000 in incubation, while nonprofits share $200,000 in grants. The judging panel includes Paolo Ardoino (Tether), Adam Back (Blockstream), Matt Odell, Mike Jarmuz, and Preston Pysh. Semifinals on October 22 and finals on October 27, 2025. Applications are open now.

