Bugcrowd is hosting its second annual Hacker Showdown competition called "The Mind Cathedral," where teams of two to three hackers compete for a $30,000 prize and exclusive Bugcrowd merchandise. The competition consists of two rounds, with teams being selected based on their performance on Bugcrowd's platform, specifically their history of valid P1 and P2 submissions. Teams earn points through unique submissions, and those with the highest scores advance in the tournament. While the competition is open to a maximum of 500 participants, all applicants must be ID verified, free of active escalations or bans, and comply with Bugcrowd's participation rules. The event begins with team selection on September 4th and culminates with the final round ending on October 31st. Special consideration is given to last year's first-place team, which automatically advances to the Top 8. Participants can stay informed through Bugcrowd's social media channels.