It is time for application developer get more challange from Paypal. What is it about?

Paypal held contest about creating innovative application using Paypal API (Aplication Programming Interface), the winner will be rewarded some prize of course. What kind of  application that we have to develop? We have to develop innovative payment application for bussines such as services, social media, gaming, mobile and costumer electronics using Paypal X APIs.

What about reward or prize or something like that?

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