2 years ago
Pitch Day astatine Bitcoin 2022 successful Miami gave startups successful the abstraction an unprecedented accidental to thrust their projects forward.
The Bitcoin Conference 2022's Pitch Day was a level for the adjacent procreation of Bitcoin startups to enactment ideas and products to the trial successful a competitory format. Taking spot during Enterprise Day, the Pitch Day contention featured companies crossed 3 categories: Mass Adoption, Lightning and Infrastructure, pitching to 3 panels of judges made up of apical investors successful the Bitcoin ecosystem — including immoderate of the astir progressive VCs, angel investors and executives of exertion companies moving with Bitcoin internally.
Building connected the inaugural mentation of Pitch Day astatine Bitcoin 2021, finalists were chosen from a excavation of implicit 500 applicants from each implicit the world. Twenty-one startups representing each large continent were chosen and divided evenly crossed the 3 divisions, with each institution having 15 minutes to contiguous their transportation and instrumentality questions from their section’s sheet of judges.
Mass Adoption
The archetypal conception “Mass Adoption” featured the companies Coinchange, Finnt, GoSats, Arkadiko, FriendsVow, Stacker News and The Bitcoin Company. While the missions of each institution varied, they were each agreed nether the umbrella of advancing hyperbitcoinization.
The sheet of judges featured Principal Investor astatine Stillmark Vikash Singh, Founder & General Partner of OP Crypto David Gan, Managing Partner of XBTO Humla Ventures Greg Carson, and VP of Mining astatine Galaxy Digital Cassie Clifton.
The Bitcoin Company, represented by CEO Ben Price, won the conception with GoSats, represented by CEO Roshan Aslam, finishing arsenic the runner-up. XBTO’s Carson said of the top-two finishers, “Both of them had large pitches, large markets, large vision; it’s each astir adoption.” Of their experience, Aslam who says helium “flew each the mode from India for Bitcoin 2022 Pitch Day,” besides highlighted the payment of the spotlight saying GoSats “got large capitalist connections and strategical partnerships with different companies” successful participating.
Lightning
The “Lightning” conception showcased companies gathering astatine the cutting borderline of Lightning web improvement and utilizing the Lightning web successful broader concern models.
Judge Rohit Dave, Head of Corporate Development astatine CashApp, said “The Lightning transportation league was electric. The companies are gathering innovative products to lick existent satellite problems. It was some a dainty and situation to justice due to the fact that the participants acceptable and met specified a precocious bar.”
Participating companies were Lightning Escrow, Pouch, Hexa Wallet, Alby Inc., VIDA.live, ItchySats and Moon. The sheet of judges included CashApp’s Dave, Managing Partner astatine UTXO Management Tyler Evans, Managing Director astatine Trammell Venture Partners Christopher Calicott, Managing Partner astatine Ten31 Grant Gilliam, and founder of Hivemind Ventures Max Webster.
Alby, represented by co-founder Moritz Kaminski, won the conception with VIDA.live, represented by CEO Lyle Pratt, finishing arsenic the runner-up.
Infrastructure
The “Infrastructure” conception highlighted companies gathering products that beryllium astatine the halfway of Bitcoin infrastructure and companies gathering products that plug Bitcoin into accepted fiscal rails and services.
Participating companies included CryptoProof, BioFuel Mining, Nunchuk, Moon Mortgage, Guardrail Mining, Distributed Charge and D2X Group. The sheet of judges featured Venture Capitalist and Judge connected ABC’s Shark Tank Kevin O’Leary, Chairman of Bloq Matthew Roszak, Principal astatine Castle Island Ventures Ria Bhutoria, Head of Corporate Finance & Investments astatine Nexo Tatiana Metodieva, and CEO of Ballet Bobby Lee.
Nuncuck, represented by co-founder Darren Pham, won the conception with Distributed Charge, represented by laminitis Andy Schroder, was runner-up. According to justice Roszak, Nunchuck, which offers multi-signature coordination software, was the “unanimous winner” showcasing “a ton of utility,” and Distributed Charge “has the bones of thing special.”
Though they didn’t decorativeness successful the apical 2 of the section, Guardrail Mining’s Paul Morris said of the competition, “It was a privilege to enactment successful Pitch Day astatine Bitcoin 2022. The accidental offers vulnerability to high-profile investors and was the catalyst for discussions with galore different task capitalists. If you are a laminitis acceptable to rise capital, I promote you to use arsenic it was an astonishing acquisition for our full team.”
BTC Inc’s John Riggins, big of Pitch Day, noted of the lawsuit that it “clearly showcased the highest density postulation of caller talent, imaginativeness and ambition wrong the ecosystem” and that it was “special to spot that matched with superior allocators who person a passionateness to accelerate their growth.”
If you are funny successful being considered for a slot connected stage, we promote you to apply present for Pitch Day astatine Bitcoin 2023! Parameters for participants are unfastened and flexible, truthful consciousness escaped to use — whether you are an idiosyncratic with an idea, a institution raising a Series B circular oregon determination successful between.
Bitcoin 2022 is portion of the Bitcoin Event Series hosted by BTC Inc, the genitor institution of Bitcoin Magazine.
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