With over twenty blockchain startups emerging locally, Seattle has become home to many companies at the forefront of disruptive technology and entrepreneurship.
Techstars Startup Weekend organizes events to push aspiring founders to their creative and operating limits, which is why Seattle made an excellent setting for the very first Startup Weekend Blockchain Edition.
Techstars Startup Weekend is a three-day event in which event participants form ideas, create teams, and develop a business model and an MVP all within 54 hours.
Throughout the process, teams are mentored by local leaders in entrepreneurship to compile their final presentations, which are then judged by VCs, angel investors, and local industry leaders.
Over the course of three days, twelve teams comprising of over a hundred participants took to the drawing board and formed fresh ideas for a blockchain or cryptocurrency-related service or product.
As dusk drew near, the teams fell into a productive groove - rushing to complete a comprehensive presentation and demo for their disruptive blockchain-based product or service.
In second place, team Sendmetokens, offered a completely decentralized SMS payment system that utilized blockchain to send and confirm frictionless transactions between users.
For many of the teams, presentation day was not the end of their product development.
Several teams expressed plans to continue working with their teammates on the projects beyond the scope of the event - showing great enthusiasm for what's next to come.
Techstars Startup Weekend is active in over 150 countries internationally and has coordinated over 2900 events since its inception.
Blockchain Meets Seattle Tech at Startup Weekend Blockchain Edition
Published on May 8, 2018
by Cryptoslate | Published on Coinage
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