Applications are open for our Blockchain Bootcamp in collaboration with the Stellar Development Foundation. The Blockchain Bootcamp is designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and products.

Benefits and Funding

The three-day virtual bootcamp will result in a demo day where companies with the most promising solutions built on Stellar will receive prizes from 5,000 to 20,000 USDC. There will be opportunities for follow-on funding for additional grants, potential investment from SDF’s Enterprise Fund and other investors who will be present at the demo day.

Summary

The bootcamp is a three-day design sprint allowing participating companies to answer critical business questions with hands-on technical support and guidance from members of DFS Lab and SDF. Companies that join the sprint will define a problem, storyboard a solution, and develop a rapid prototype of their innovation. The design sprint will be run virtually and Blockchain Bootcamp will be operating from East Africa Time.

Use Causes

Viable use cases that could be explored are:

• Cross-border or multi-currency payments
• Business payments for high-cost corridors
• Reimagining remittances and reducing friction

Access to financial services

• Safeguarding value
• Multi-currency savings and yield-earning accounts
• Tokenized assets
• Investing in securities

Other use cases

• Financial inclusion in emerging markets
• Banking
• Payment processing
• Lending
• Payroll
• Treasury management

Companies could also explore new models across asset management, compliance, NFTs, gaming, charity donations, trade finance, liquidity, and more.

The deadline to apply is August 20, 2021

OYA Opportunities is in Telegram too. Catch us here