GDA Capital and Coinweb Announce $200k Prize Pool for Blockchain Startup Competition
TL;DR
Compete for $200,000 prize pool in the Next Top Blockchain Startup Competition for Summer 2024.
Developers to gain funding and support from leading protocols, organizations, and a broad network of mentors.
Guiding the next generation of blockchain entrepreneurs with educational content and industry relationships.
Revitalize the industry challenge segment with new tracks in blockchain space by leading companies.
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GDA Capital and Coinweb have unveiled the 'Next Top Blockchain Startup' competition set for Summer 2024, featuring a prize pool exceeding $200,000. Scheduled to occur over four weeks in July, the competition aims to nurture entrepreneurial talent through a comprehensive educational program, culminating in a live case competition where participants can pitch their business ideas for funding and exposure.
The Next Top Blockchain Startup provides a unique opportunity for emerging development teams to gain not only financial backing but also critical industry connections and educational resources. Supported by leading protocols, organizations, investors, and a global network of mentors, the competition aims to accelerate the growth of new blockchain ventures.
Michael Gord, Founder and CEO of GDA Capital, emphasized the importance of the competition in fostering the next generation of blockchain entrepreneurs. "Guiding the next generation of blockchain entrepreneurs from ideation to realization is more than a mission; it's a necessity for the industry's evolution," Gord stated. Toby Gilbert, Co-Founder & CEO of Coinweb Labs, echoed this sentiment, highlighting the competition's role in showcasing untapped potential within the blockchain community.
Coinweb Labs, the core contributor to The Coinweb Protocol, has allocated a portion of its recently announced $10 million grant for startups building on its platform to fuel the event. This year's competition introduces new tracks led by prominent blockchain companies, including:
- Interoperability by Coinweb
- Decentralized Cybersecurity by Naoris
- Revolutionary Asset Management with the ERC-7621 Basket Token Standard by Alvara Protocol
- Web3 Competitive Gaming by Moxy
- AI Future by a global AI Web3 Launchpad
- POGE (Proof Of Green Energy) Mining/Blockchain by SolarX
The competition has also partnered with key institutions in the blockchain space, such as the Blockchain Education Network, to engage the brightest minds from top universities worldwide. This partnership aims to inspire the next generation of builders to focus on developing Web3 applications.
Participants can sign up for free on Devpost. For those looking to get involved as mentors, judges, business partners, sponsors, or investors, further details can be found on the competition's official channels.
About GDA Capital
GDA Capital is a leading provider of digital asset investment and capital markets advisory services. Specializing in global go-to-market strategies, investor relations, corporate development, community building, and tokenomics, GDA Capital plays a significant role in the global digital asset ecosystem.
About Coinweb
The Coinweb Protocol is a groundbreaking Layer 2 cross-chain computation platform that combines scalability with interoperability, setting new standards in the blockchain industry. It enables the seamless operation of decentralized applications across multiple blockchains, effectively merging them into a unified ecosystem.
Source: GDA.Capital
Curated from News Direct
