Write an investment thesis on a crypto asset, then pitch it in person to judges from Franklin Templeton and leading crypto funds at UBC 2026. There’s $10,000 in prizes, sponsored by Franklin Templeton’s crypto division.
Kickoff Oct 22 · Reports due Nov 9 · Finals Nov 20 at UT Austin
Your team picks one track and one asset. Tracks are split by the asset’s circulating market cap.
Under $250M
Circulating market cap
Make the case for buying an asset with a circulating market cap under $250M.
Over $250M
Circulating market cap
Make the case for buying an asset with a circulating market cap over $250M.
Over $1B
Circulating market cap
Make the case for betting against an asset with a circulating market cap over $1B.
Prize pool
$10,000
Each track winner gets $2,500. The best team across all three tracks gets another $2,500 on top, so one team could walk away with $5,000.
Compete solo or with up to 3 teammates. Your school can send as many teams as it wants.
Write up to 5 pages making the case for your asset. The top 3 reports in each track make it to the finals.
Due Nov 9 at 11:59 PM ET
Finalists pitch their thesis in person at UBC, with slides. You get 5 minutes to present (we cut you off at 5), then 5 minutes of questions from the judges.
Nov 20 at UT Austin
Free research tools. Blockworks and Allium are giving competitors limited access to their research tools. They’ll demo them and explain how to get access on the Oct 29 call.
Keep the main report to 5 pages. The title page, appendix, and references don’t count toward that, but charts in the main text do. If you’re short on space, move charts to the appendix.
Contents
Report title, track, team members, school, and contact info.
One page with your thesis and key findings.
What the project does and why it matters: product, team, market, traction, token, upcoming catalysts, and risks.
Long or short, how long you'd hold, and your price target to exit.
Wrap up your argument.
Optional. Extra charts and tables can go here.
Every source you used.
Does your thesis hold up?
How thorough is your research?
How clearly do you explain it?
Make it yours. The judges want to hear how your team thinks. Reports that feel mostly AI-written won’t score well.
You can do all the research from home. Both calls are linked on the Luma page.
Oct 22
Kickoff town hall
8 PM ET on Google Meet. We'll walk through the tracks and rules and take questions.
Oct 29
Research tools demo
8 PM ET. Blockworks and Allium show off their tools.
Nov 9
Reports due
11:59 PM ET. Judges read reports through Nov 15.
Nov 16
Finalists announced
We'll tell the top 3 teams in each track they're presenting.
Nov 20
Finals at UBC
Finalists pitch in person in Austin.
Nov 21
Winners announced
At the UBC closing ceremony.
Sign up on Luma and join the Telegram so you don’t miss updates. You’ll also need to be registered for UBC 2026 to compete.
