be prepared

Brief

We are looking for business solutions that use Smart Contracts and Stable Coins to create practical solutions for the world of tomorrow, and create a better, smarter future.

Expectation

We are looking for start-ups that have developed and tested a valid business case for smart contracts in a range of markets not limited to the below, but including:

Insurance
Diaspora
Shipping and Escrow
Green standards / carbon emissions
Community savings / investment schemes
Investment, debt, equity and exchange products
Agriculture / Crop Financing

Priority will be given to start-ups that can prove they have validated their business concept, over projects with strong technology.  For example, a letter of interest from a client, or a qualitative survey of potential customers for your business idea is more likely to succeed than an impressive financial contract.  The ideal project however should have both a validated business case AND a strong technological solution.
 
Preference will be given to solutions that allow large corporates, banks, and other institutions to participate, but we are looking for projects that solve problems on any scale - from small to big, super local to global.

mission

Fantom, a world leader in Distributed Ledger Technology, in partnership with ZAR Network is looking for innovative fintech startups that will solve problems for Smart Cities, Public Utilities, Healthcare, Education, Environmental Stability and Financial Markets on our stable token protocol that bridges the banking and blockchain worlds through regulatory and AML compliant DLT based products.  

We believe that there is an infinite application for smart contracts in improving society, and we are looking for brave startups that have identified a use for smart contracts in their projects, which we can help reach a global market on our network and through our partners.
 

Submission Requirements

GEOGRAPHIC AREA

For this challenge is open to start-ups from ANY African country. 

MATURITY CRITERIA

Idea to Series B. Any start-up at any stage is welcome to apply and be considered. 

SUBMISSION REQUIREMENTS

Required format:

1. Short video with 2 topics: Startup presentation / How do you solve the problem? (mpg, mpeg, mp4, mov) MAX 50 Megabyte – You can also share us a “Wetransfer” link or a Youtube video

2. Deck pitch: 10 slides max (ppt, pdf) - MAX 50 Megabytes

3. Indication of Interest from potential customer(s)

4. Smart contract logic
 

Last day of submission: 13th of September 2019. 

10 start-ups / projects will be shortlisted after the deadline. 3 will be selected as per stated requirements.

Do you meet the criteria?

Submit to Win

Prizes & rewards

NETWORK

*For the 3 selected startups*

1. Return flights and accomodation in Cape Town - to showcase at the grand stage for Africa's tech future - the AfricArena Summit 2019! Taking place 11-12 November 2019. Location: Century City Conference Centre, Cape Town.

2. Meet and greet with the "who's who" of the African tech scene, at the AfricArena Summit this year.  A great opportunity for exposure to international investors, VCs, angels, corporates, and other high rise startups from across the continent.

PITCH

*For the 3 selected startups*

1. Showcase at the grand stage for Africa's tech future - the AfricArena Summit 2019! Taking place 11-12 November 2019. Location: Century City Conference Centre, Cape Town.

2. Showcase your innovative solution in front of international investors, VCs and corporates, who are looking for wolrd-class talent to partner with.

WINNER

*For the 1 Winning Startup*

A trip to meet the Fantom and ZAR Network teams, Incubation, Acceleration or Internationalization*, and cash prizes to the value of $10,000.  

* depending on stage of business