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There are really still platforms willing to invest money in AI trading competitions, which is rare. Check out the competitions on the market, most of them stay at backtesting and demo trading; no matter how beautiful the stories are, they are just armchair strategies and offer little help to those truly developing trading strategies.
Recently, a leading platform hosted a hackathon that was different. Just by looking at their reward structure, you can see the clue—this is not just a marketing stunt to generate buzz, but a serious effort to find AI trading strategies that can actually run in live markets. From the design of the reward structure, you can feel that the platform is selecting for practical trading ability, not just flashy backtest results. This kind of positioning is what makes the entire ecosystem interesting.