Over the coming weeks we will be leveraging the combined resources of our tried and tested venture platform of experts, mentors and ecosystem we will add measurable value where each team needs it most. This isn’t a cookie-cutter program, but a bespoke solution for accelerating the billion dollar token networks and transformational web 3.0 businesses of tomorrow.
Read on to see the details of our first cohort.
DataHop
DataHop Labs is developing the next generation of edge computing networks.
DataHop is providing a unique connectivity solution that saves energy and a blockchain-based reward protocol based on proof of useful work.
Problem
It is easier to digitally communicate with someone you do not know at the other end of the planet, rather than with someone sitting next to you. The ultimate target of the Internet technology, all its supporting protocols and the applications that have been built on top, was to reduce the distance between communicating parties that are physically located far from each other. In doing so, the Internet has increased the distance of communicating parties within physical proximity to each other. We have not invested enough effort to build protocols and applications that connect devices locally.
DataHop is a platform that enables privacy-preserving, incentivised content propagation at the network edge. DataHop takes a different approach and utilises local D2D communication channels to connect directly, transparently and seamlessly to the content that users are interested in.
In order to participate in the DataHop Network, users have to share a part of their mobile phone memory and connectivity opportunities with users in the vicinity as they move in their daily routine. Users are rewarded based on their contribution to the network.
DIA Data
DIA exists to make financial data standardised, open-source and accessible to everyone.
We offer a new vision of financial data with an open-source, transparent, immutable, standardised platform that is accessible to everyone.
Decentralized Information Asset (DIA) is creating an open-source, crowd-driven platform powered by blockchain technology that enables to supply, share and use digital financial asset and other financial data.
Our vision is to democratize provision, access and usage of digital financial asset data, as Wikipedia did in the broader information space for central encyclopaedias.
DIA is designed for individuals and entities that rely on accurate financial market data in their decision making, or who seek to gain a trading advantage from accurate digital financial assets data. This includes individual traders, financial service businesses, family offices, funds, financial institutions, and specialised app developers. Incumbent financial information vendors offer proprietary products without transparency and only little digital financial asset data. Existing information platforms do not provide externally validated or enhanced data and their centralized information feeds are not tracked intelligently to ensure authenticity.
Redeemeum
decentralized commerce protocol
Connect Web 3 to real world products and customer data.
Redeemeum is a universal, Web 3 component for representing products and services as tradable smart voucher tokens that connect to Web 3 customer data. Rather than an end-user application; Redeemeum is a set of open sourced standards, protocols and smart contracts. Redeemeum enables developers to easily build and monetize applications that combine decentralized finance, payments and loyalty with real world products and Web 3 customer data.
Why?
Our vision: to drive the mass adoption of decentralized finance and commerce within an open and equitable Web 3 data economy.
“One of the main constraints in using Dai as a transactional currency in the United States is the highly competitive credit card networks which offer their users “points” to incentivize network purchases. Having a platform which could replicate this experience for cryptocurrencies, like Redeemeum, would be a great tool for Dai adoption.”
Greg DiPrisco, Head of Business Development – Maker
Problem
Decentralized finance and payments are currently unable to compete with centralized incumbents because on-chain and off-chain commerce are disconnected. There is no open, decentralized and self-sovereign way to:
- exchange on-chain value for off-chain products and services
- connect smart contracts with off-chain customer and usage data
- build applications that combine multiple value types
Solution
Redeemeum is a universal protocol for representing products and services as smart voucher NFTs. Redeemeum connects on-chain and off-chain commerce by:
- Enabling decentralized exchange of on-chain value for off-chain products and services.
- Connecting smart contracts to crypto- incentivized, Web 3 customer data.
- Enabling developers to build modular dApps that combine decentralized finance, credit and loyalty with real world products, services and Web 3 customer data.
Weaver Labs
The telecoms network of the future: catalytic, decentralised, secure
Problem
Innovation in telecommunications infrastructure is constrained by a small number of mobile network operators controlling the entire value chain. These limitations have led us to begin the design for new and open protocols in telecommunications. We are developing a communications library allowing researchers, developers and others to deploy, develop and freely use the open source tools.
Solution
With the rise of blockchain and it’s zero trust model, we offer an alternative to traditional network operators as a centrally trusted entry point for telecommunications networks. We aim to create an application layer in which individuals can create, contribute and manage basic network elements and at the same time receive compensation based on their contributions. In order to facilitate the development of this application layer, we will bring together softwarised and virtualized 5G technologies, blockchain technologies and generic open source hardware (i.e. open source radio equipment).
We believe that our solution addresses key weaknesses within existing communications systems that limit innovation around 5G. Issues which extend to IoT, ( eg. outdated version software) smart cities and critical networks can be improved with our open-source and trust-less network.
