MYRIAD has partnered with Paris Blockchain Week to launch an exciting initiative aimed at energizing the crypto startup ecosystem. The Start in Block competition invites innovative startups to participate in a community contest focused on predictions related to the competition itself, with over $10 million in prizes available.
Competition Overview
The Start in Block competition will feature hundreds of crypto startups vying for the chance to present their ideas to a panel of more than 400 investors. This event is designed to foster innovation and provide a platform for emerging projects to gain visibility and attract investment.
Twelve finalists will be selected by the investors and will have the opportunity to secure booths at the Startup Village during Paris Blockchain Week. Here, they will pitch their projects to key industry decision-makers, enhancing their chances of securing funding and support.
Finals and Prizes
The competition will culminate in a Master Stage final, where three winners will be awarded exclusive access to various resources. These include funding opportunities, mentorship, acceleration programs, and technical resources, all aimed at helping them grow their startups.
Additionally, winners will receive public relations support and the chance to pitch on the Apple TV show “Killer Whales.” This exposure can significantly boost their market presence and attract further investment.
Impact on Startups
Ilan Hazan, Co-Founder and COO of DASTAN, expressed enthusiasm about the partnership, highlighting MYRIAD’s potential to connect emerging Web3 startups with its decentralized prediction market. The event is expected to cultivate a dynamic ecosystem where innovative ideas can thrive, allowing founders to gain the visibility needed to attract investment.
Previous competition winners have successfully raised tens of millions of dollars in seed funding, showcasing the significant impact this competition has on startup growth. Bubblemaps’ CEO noted that the event was transformative for their fundraising efforts, enhancing their market visibility while securing investments.
Event Details
Scheduled for April 8-10 at the Carrousel du Louvre, Paris Blockchain Week is anticipated to attract over 10,000 attendees and feature more than 420 speakers from leading Web3 firms. The event will also include Investors Day on April 10, designed to facilitate networking and deal-making among various stakeholders in the investment community.
The significance of the Start in Block competition and Investors Day in fostering a thriving ecosystem for groundbreaking startups cannot be overstated. These events aim to provide unmatched visibility for innovators while connecting them with eager investors, ultimately driving the growth of the blockchain sector.
Shaping the Future of Crypto
As the crypto landscape continues to evolve, initiatives like the Start in Block competition play a crucial role in shaping the industry’s future. By promoting collaboration between startups and investors, these events not only drive innovation but also contribute to the overall growth and maturation of the blockchain ecosystem.
With high stakes involved, the upcoming competition is poised to be a pivotal moment for many aspiring entrepreneurs in the crypto space. The opportunities presented through this initiative could lead to significant advancements in the industry, fostering a new wave of innovation and investment.
📎 Related coverage from: decrypt.co
