Paris Blockchain Week's Startup Competition Awards $10 Million to Web3 Innovators

The Startup Competition at Paris Blockchain Week 2024 recognized innovative Web3 startups, awarding a record-breaking $10 million prize pool. The competition featured over 800 entrants, with 10 finalists pitching their projects to 500 investors. Four winners emerged: CrossCurve, Bitstack, Reveel, and Zyfi, receiving funding, grants, and support from industry leaders including Tim Draper, RockawayX, and AWS. The competition showcased promising startups leading the charge in blockchain technology and its real-world applications.

Paris Blockchain Week Startup Competition Awards $10 Million in Prizes to Four Winning Startups

Paris, France, April 17, 2024

Paris Blockchain Week, the prestigious international conference dedicated to blockchain and Web3 technologies, has announced the winners of its eagerly anticipated Startup Competition. This year, the competition saw over 800 startups vying for recognition and a share of the $10 million prize pool, the largest in the industry.

The competition serves as a platform for innovative Web3 projects with the potential to revolutionize various sectors. This year's top 10 finalists, selected from a pool of 100 shortlisted startups, had the exclusive opportunity to pitch their ideas to over 500 prospective investors, including venture capitalists, accelerators, angels, and DAO representatives.

The four winning startups, chosen by a panel of esteemed judges, were:

• CrossCurve: A cross-chain liquidity aggregator that provides optimized token swaps across multiple blockchains.
• Bitstack: A decentralized data management platform that empowers users to control and monetize their data.
• Reveel: A privacy-preserving data analytics platform that enables businesses to extract insights from data without compromising user privacy.
• Zyfi: A decentralized Wi-Fi sharing network that allows users to connect to the internet without the need for a traditional internet service provider.

The winners were not only awarded funding but also received grants, credits, and the opportunity to participate in accelerator programs and mentorship from leading VC firms and blockchain experts. Additionally, they gained substantial exposure with the chance to pitch their ideas on Apple TV's "Killer Whales" show.

The Startup Competition is a cornerstone event within the blockchain industry, attracting participation from industry leaders, investors, and blockchains worldwide. This year's competition featured the involvement of renowned figures such as Tim Draper, RockawayX, AWS, Consensys, CoinMarketCap, Coin Academy, iExec, Blockchain Founders Fund, Outlier Ventures, v3ntures, Foresight Ventures, Mantle, Mirana, Morningstar Ventures, NEO, Bit2Me, XRP Ledger, PitchBook, Bitpanda, CV Labs, Stellar, Canonical Crypto, BNB Chain, Node Capital, Cathay-Ledger, Taisu, Hello Labs, Killer Whales, BPI, TRGC, Leadblock, Orange DAO, Blockwall, Cointelegraph, TDeFi, HUMANS, LBanks Labs, VNTR, and Mercy Corps.

The support of these partners was instrumental in making the Paris Blockchain Week Startup Competition one of the most prestigious and highly-coveted events in the crypto calendar. Their contributions not only enhanced the prize pool but also aided in the rigorous selection process that identified the top contenders.

About Paris Blockchain Week

Paris Blockchain Week is a leading organization dedicated to fostering innovation, collaboration, and knowledge sharing within the blockchain and Web3 ecosystem. As the premier event platform, it brings together thought leaders, industry experts, developers, entrepreneurs, investors, regulators, and enthusiasts from around the globe to explore the transformative potential of blockchain technology.

The 5th edition of Paris Blockchain Week, held at the Carrousel du Louvre from April 9-11, welcomed over 9,000 attendees and 500 speakers. The event featured renowned figures such as Richard Teng (CEO of Binance), David Marcus (CEO & Co-Founder of Lightspark), Denelle Dixon (CEO & Executive Director of the Stellar Development Foundation), Jeremy Allaire (CEO of Circle), Ryan Selkis (CEO of Messaris), Silvia Attanasio (Head of Innovation at the Italian Banking Association & Member of the Digital Euro Advisory Board), Yat Siu (Co-Founder and Executive Chairman of Animoca Brands), Mihailo Bjelic (Co-Founder of Polygon), Mo Shaikh (CEO of Aptos), Alex Matsuo (Co-Head of Web3 at Amazon Web Services), Silvio Micali (Founder of Algorand), and Yoni Assia (CEO of eToro), among others.

For further information, please visit https://www.parisblockchainweek.com.

Contact:

Leora Schreiber
[email protected]