Blockchain, Crypto Startups Among Top 10 for Sir Richard Branson’s Extreme Tech Challenge (XTC) 2019
Earlier this week, the ten semi-finalists were revealed for the fifth annual Extreme Tech Challenge (XTC), the world’s largest startup competition organized by well-renowned entrepreneur Sir Richard Branson in collaboration with 501(c)3 non-profit ACTAI Global (formerly MaiTai Global).
With Australian blockchain-powered energy trading platform Power Ledger (POWR) having won XTC 2018 just weeks ago, startups making use of blockchain technology were again well-represented among the top ten for XTC 2019.
Specifically, there will be three blockchain projects moving on to the semi-final of XTC 2019. Just as Power Ledger – along with three other blockchain-related startups in AirSwap (AST), Abra and Chooose – did in January of this year, this next batch of XTC semi-finalists will take to centre stage at the Consumer Electronics Show (CES) in Las Vegas to pitch to an esteemed panel of judges.
Congratulations to the incredible startups who made it to the #XTC2019 Top 10 🎉 @ActivProtectiv @bitlumens @ElevianInc @Civic_Eagle @einrideofficial @lastofours @livenpay @lynq_me @re3Dprinting @wewalkio + NYX Technologies pic.twitter.com/tt4vomMQe6
— ExtremeTechChallenge (@ExTechChallenge) November 19, 2018
These three projects hoping to advance to the final on Branson’s very own Necker Island are Liven (LVN), Bitlumens (BLS) and Last of Ours (LAST). Below is a short description of each.
Liven – a rewards-based mobile payments startup headquartered in Melbourne. Built atop the NEM (XEM) blockchain, Liven’s LivenPay payment network relies on LivenCoin (LVN), a utility token that recently displaced its non-crypto-based rewards currency, LivenCash.
Bitlumens – a startup operating out of Zug, Switzerland, that is working toward offering a peer-to-peer, blockchain-powered platform to individuals living in areas without established electrical infrastructure. Ethereum-based BLS tokens are needed to be a part of the Bitlumens ecosystem.
Last of Ours – a platform for wildlife conservation initiatives to generate awareness and raise funds. Headquartered in Bangkok, the team have tapped into various aspects of Ethereum, Decentraland (MANA) and IPFS to create their solution, which makes use of Living Animal Social Tokens (LAST), a non-fungible token (NFT) which mirrors vulnerable animal population estimates on a one-to-one basis.
Adding more blockchain-based representation to 2019’s instalment of the Extreme Tech Challenge is the Bitfury Group – one of the world’s most prominent full-service blockchain technology firms – who are returning as the sponsor of the XTC’s blockchain and digital currency verticals for the second consecutive year.
— ExtremeTechChallenge (@ExTechChallenge) October 30, 2018