This weekend, Wild Pockets, Crispy Gamer and Microsoft are teaming up to host Bay Area Game Jam – a 24-hour game development competition at the Microsoft Silicon Valley Campus in Mountain View, California.
Contestants have to use Wild Pockets' 3D web-based game engine and the fine print on the contest rules specifies that this is a team event and every team must have at least one programmer on it. The grand price is $2,500 and to top it all off, contestants get to keep the IP (but not absolute distribution rights).
But the real draw, especially for the peanut gallery members of the gaming press is a Saturday night concert featuring the OneUps and Megas. I think this will be the "Jam" portion of the weekend.
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Check out event details here.