Contactless payments using QR codes and NFC, a P2P platform for the resale market, and a customer reward scheme for advertising, take top prizes, scooping up $60,000 in Minima tokens.

London, September 23rd 2022. Leading UK-headquartered frontier technology fund and hub, EdenBase, are proud to have collaborated with Minima, the first cooperative, ultra-lean, blockchain network, to run the Minima Innovation Challenge (MIC), designed to encourage the creation of applications using the Minima Protocol. The winners of the MIC have been announced, marking the success of another of EdenBase’s Innovation Challenges.

The Minima Innovation Challenge 2022 winners announced are:

Team Stampd, led by William Montgomery: A Peer-2-Peer platform for the resale/used goods market, with a searchable and viewable NFT of the product and its information history.

Team Minipay, led by Michal Borowiecki: Contactless payments connected to Minima wallet, using NFC and QR codes.

Team MDAE, led by Josep: Decentralised advertising ecosystem that rewards customers for loyalty and viewings.

EdenBase and Minima collaborated to support and encourage individuals and teams to create innovative solutions using the Minima Protocol, one of the world's most truly decentralised blockchain networks. Selected from applications from over 20 countries and across a range of industries, three teams were crowned joint winners, each receiving $20,000 in Minima tokens. EdenBase and Minima will now continue to support the winning teams, helping them take their ideas forward into reality.

The Minima Innovation Challenge consisted of two stages - the Ideation Phase and the Coding Phase. Selected by an expert panel of judges, the ten finalists of the Ideation Phase received $1,000 in Minima Tokens and moved onto the next stage of the challenge. The Coding Phase saw the teams build their solutions and provide a Proof of Concept (PoC).

Minima CEO and Co-Founder, Hugo Feiler, said: “Everyone at Minima has been genuinely impressed with the ideas and development of concept that the winners have displayed in their projects and creation of their demo apps. What we have seen over the past few months is the Minima protocol in practice and how it will change our daily lives, giving everyone more freedom with absolute security.”

EdenBase’s Open Source and Ecosystem Advisor, Marta Geater-Piekarska said: “We are delighted to have completed another of EdenBase’s Innovation Challenges. Efforts like this - helping Minima to find the most novel ways to use the protocol - is in EdenBase's DNA. Minima works in a spirit of collaboration, empowering people to build better tools which are exactly the values we embrace. Congratulations to all the finalists for their hard work, we are looking forward to supporting the progression of these Mini dApps.”

Minima’s Head of Partnerships, Adam Feiler, as part of the judging committee, said: “The quality of applications from all the ten finalists was astonishing. They worked very hard and all delivered high quality submissions. We were impressed by the range of applications. The three winners had excelled in developing applications, running on Minima and utilising the unique properties of Minima’s blockchain. The MiniDapps that were developed bring utility and real-world value which will encourage further adoption of Minima for daily use.”

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.