Twitter/X

@defi_dua flagged a post as a "New Berkeley hackathon project raising at 100M"…

Brief

Kalshi's "The $1 Billion Kalshi Perfect Bracket Challenge" (shared 2026-03-16) offers a $1 billion prize for a perfect NCAA bracket, guarantees $1 million to the top-scoring entry and another $1 million to charity/scholarships. @defi_dua labeled the post "New Berkeley hackathon project raising at 100M." SIG Parametrics (Susquehanna) financially backs the promotion; no purchase required.

Why it matters

@defi_dua flagged a post as a "New Berkeley hackathon project raising at 100M" while sharing Kalshi's tweet about a big promotion (source: X, posted 2026-03-16).

Key details

  • Kalshi's "The $1 Billion Kalshi Perfect Bracket Challenge" promises $1 billion for a perfect bracket, guarantees $1 million to the top-scoring bracket, pledges $1 million to charity/scholarships, links rules at kalshi.com/billion-dollar-br…, and states no purchase required; promotion is financially backed by SIG Parametrics, LLC (Susquehanna).
Source evidence

title: @defi_dua: New Berkeley hackathon project raising at 100M post spotted

Kalshi (@Kalshi)

The $1 Billion Kalsh...
author: @defidua
content
type: tweet
publication: Twitter/X
published: 2026-03-16T22:54:06+00:00
sourceurl: https://x.com/defidua/status/2033678219304702283

word_count: 72

New Berkeley hackathon project raising at 100M post spotted

Kalshi (@Kalshi)

The $1 Billion Kalshi Perfect Bracket Challenge

$1 Billion for a perfect bracket
$1 Million guaranteed to the top scoring bracket
$1 Million to charity and scholarships

See the full rules and submit your bracket: kalshi.com/billion-dollar-br…

No purchase or deposit required. SIG Parametrics, LLC, a member of the Susquehanna International Group of Companies, is financially backing this promotion.

Video

— https://nitter.net/Kalshi/status/2033620115594293528#m