EdenBase and Minima Reveal Top Ten Finalists for Blockchain Innovation Challenge
London, 10th August 2022. The Minima Innovation Challenge (MIC) in partnership with EdenBase, has today announced its 2022 finalists. Selected from applications from over 20 countries, the top ten entrants are in the final stages of the innovation challenge to build valuable applications using Minima’s truly decentralised blockchain protocol.
The applications spanned a vast array of use-cases and great ideas addressing personal ID solutions, digital security, marketplaces, payments, and green initiatives that all benefit from a global network of collaborating users.
The Top Ten Finalists in The Minima Innovation Challenge are:
Team Miniverse: Decentralised metaverse on Minima
Team Greenchain: Online platform for the creation of co-operatives around ecological projects
Team Outplay: Competitive sports app, with play-to-earn capabilities for amateur sporting events
Team Deabusifier: Abuse prevention app, with AI recognition software
Team Minipay: Contactless payments, using QR codes and NFTs
Team StampD: P2P platform for resale/used goods market, with a searchable and viewable NFT of the product and its information
Team MDAE: Decentralised advertising ecosystem that rewards customers for loyalty and engagement
Team UDPOI: Universal proof of identification using human validators to verify personal ID
Team Unblock the Food Chain: Quality of food metric to grade products to encourage better/healthier purchases
Team Minima.id: A Self-Sovereign Identity (SSI) system that gives individuals control over their digital identities
Having completed Phase 1 (Ideation) of The Minima Innovation Challenge, the ten finalists have each received $1,000 in Minima tokens and are currently undertaking the Coding Phase (Phase 2) to build their solutions and provide Proof of Concept (PoC).
The winners of the challenge will be announced on Wednesday, 21st September at an Awards Ceremony in London.
Minima Co-Founder and CEO, Hugo Feiler, said: “We are very impressed with the standard of entrants we have received this year. The opportunities that the Minima protocol presents have really driven forward creative thinking and innovation as to how a decentralised blockchain can not only disrupt sectors, but make significant positive changes to how we live today and what we can achieve in the future to make a fairer, more sustainable and collaborative society.”
EdenBase Co-Founder, Eric Van der Kleij, said: “What we are learning through this challenge is that applications and solutions can truly become more effective and resilient by being built on a chain that specifically resists centralization incentives. The timing seems exactly right for this - particularly as the world has become disillusioned with being reliant on, and let down, by some centralised systems.”
About Minima
Minima was founded in London in 2018. It has created an ultra-lean blockchain protocol that fits on a mobile or IoT device, allowing every user to run a full constructing and validating node. By adopting this approach, Minima has created the possibility of operating a completely decentralised network that is scalable and inclusive, while remaining secure and resilient.
Hugo Feiler, CEO and Co-Founder of Minima is an entrepreneur with over two decades of experience in the marketing communication space. He was previously a General Manager at Sony Europe.
For information on how to run a node on the Minima network and join the Incentive Program visit: www.minima.global/get-involved
About EdenBase
EdenBase is a fund, hub and ecosystem supercharging the next set of Game Changers, powered by Frontier Technologies. By building a community and ecosystem, EdenBase supports portfolio companies to deliver responsible growth and valued impact to create a better future.
Eric Van der Kleij, Co-Founder of EdenBase, is a technology entrepreneur having previously delivered the Tech City (now Technation.io) strategy and organisation for the U.K. Prime Minister and then created the famous Fintech hub, Level39, for the Canary Wharf Group.