Apply Now for the Smart Dubai Office and 1776 Blockchain Challenge!
If you’re a startup using blockchain technology to transform an industry, then you need to check out the Smart Dubai Office Blockchain Challenge by 1776 and Smart Dubai Office (SDO). In addition to meeting world-leading investors and networking with VIPs, startups will also have the chance to connect with customers and win a prize and potential contract to be part of Dubai’s blockchain strategy.
Dubai’s Blockchain Strategy
Dubai recently launched a city-wide Blockchain Strategy in October with the aim of becoming the first blockchain-powered city by 2020. Blockchain has the potential to improve people’s lives and Dubai is posed to be a leader in moving such applications forward.
The Dubai Blockchain strategy is based on 3 pillars:
1. Government Efficiency: implementing blockchain technology in government services
2. Industry Creation: supporting the creation of a blockchain industry through empowering startups and businesses
3. Thought Leadership: leading the global thinking on blockchain technology
The SDO Blockchain Challenge supports the second pillar, Industry Creation, and aims to discover the most innovative blockchain startup ideas worldwide.
Startups applying must be implementing blockchain technology in its solution or product, must be a for-profit business, must be scalable product or service and in-market, must have at least two team members, and finally, the product or service should be possible to implement in Dubai and enhance the quality of life and city of Dubai.
Finalists will receive pitch training at 1776 by mentors and experts, will meet a SDO representative, will have one month of 1776 membership, will receive free travel and accommodations to and from Dubai, and will pitch and showcase to an audience of investors, VCs, dignitaries, and public/private sector representatives.
Winners will receive prize money, have 3 months of 1776 membership, will have a meeting schedule with the support of SDO with potential clients and will receive promotion on 1776’s channels.
First Place: $20,000
Second Place: $15,000
Third Place: $10,000
For more information and to apply, go to the Blockchain Challenge Website.
Deadline for submissions: April 13, 2017.