Press Release: The Blockchainhub Graz and industry partners initiated a Blockchain Startup Contest. 15.000 € in prize money will be given away within two categories, software and hardware startups. The application is still open until October 31, 2016. The entry requirements are quite low: every startup or idea that are not older than 2 years since the last pivot are allowed. And the concept does not necessarily have to use Blockchain technology, but you should enrich the ecosystem of decentralized technologies, e.g. by improving the robustness of the network (e.g. Parity while DDoS attack on Geth), or by using existing platforms to build on top of it (e.g. IOTA for IoT solutions). Also making todays platforms more decentralized (e.g. Bitsquare a decentralized Bitcoin exchange) or creating new networks which are independent from the world wide web (e.g. combining BlockchainID and decentralized storage) are possibly use cases you could apply with. There are more benefits for participating teams and entrepreneurs, besides the chances of winning a prize: Feedback from an international expert jury Additional prices such as a Tesla-Weekend Possible access to test markets with the industry partners Possible access to funding Possible cooperation with one of the industry partners Increasing the visibility of the product or service Gaining reputation within the Blockchain ecosystem An international independent jury will evaluate the projects according to the following criteria: Timing (traction, market interest, technology readiness, current market conditions) Team / Execution (the team, track record, presentation skills, developers at hand) Idea (problem solution, value proposition, existing competition, blockchain application) Business Model (scalability, market size, unfair advantage, revenue vs. cost) Social Impact (reduced fraud, better governance, wellbeing of people, higher transparency) The main goal of the contest is to improve the awareness of the general public, academics and students, politicians and entrepreneurs about […]
