Quidax Unveils $125K Crypto Innovation Pitch with Moonshot
Quidax Launches Exciting Crypto Innovation Pitch
In an exciting development for the African cryptocurrency landscape, Quidax has partnered with TechCabal to introduce a groundbreaking initiative. This year’s TechCabal Battlefield competition features a unique opportunity for emerging startups through the newly announced Crypto Innovation Pitch. Designed specifically for promising African cryptocurrency startups, this initiative seeks to amplify innovative solutions that address the unique challenges of African markets.
Funding and Support for African Startups
Quidax is set to award selected startups with a total of $15,000 in funding, thanks to a collaborative effort with Asset Chain. In addition to this financial backing, Quidax has teamed up with key industry players like Huawei, Fincra, and Asset Chain to provide an impressive $110,000 in startup support credits. This robust support includes $80,000 in cloud services credits from Huawei, $20,000 in payment processing credits from Fincra, and $10,000 in cryptocurrency tokens from Asset Chain, all aimed at nurturing growth in the blockchain space.
Opportunity to Shine at TechCabal's Moonshot Event
The top five cryptocurrency startups chosen from the pitch applications will have the golden chance to present their ideas at TechCabal's Moonshot event. Scheduled for a brief period in October, this event will take place at a premier venue, allowing entrepreneurs not only to showcase their solutions but also to network with industry leaders. The excitement will culminate in an award ceremony where the winning startup will be announced, receiving recognition on the significant TC Battlefield stage.
How to Participate in the Crypto Innovation Pitch
Startups eager to take part in the Crypto Innovation Pitch can easily apply online. This pitch is explicitly targeted towards seed to early-growth stage startups that are focused on creating a substantial impact within the African ecosystem. By innovating in areas such as financial technology and blockchain applications, these startups can contribute to solving crucial economic issues and paving the way for future technological advancements.
Looking Back at TechCabal's Battlefield Legacy
TechCabal's Battlefield event has been a cornerstone of the African tech scene since its inception in 2014. As it reaches its 10th anniversary, the event has evolved into a prominent platform for aspiring entrepreneurs to pitch their ideas. The rigorous selection process ensures only the most innovative solutions are showcased, making it a sought-after event for investors and media alike.
Quidax: A Leader in the Cryptocurrency Space
Founded in Africa, Quidax operates as a cryptocurrency exchange that simplifies the process of buying, selling, and transferring cryptocurrencies. The platform also offers over-the-counter trading options, catering to both casual and serious investors. Through its comprehensive Crypto API, Quidax enables businesses to create and provide cryptocurrency-related products, further enhancing its appeal within the tech ecosystem.
About TechCabal and Its Mission
TechCabal is well-regarded for its commitment to fostering a robust tech community across Africa. The Moonshot event reflects its mission to connect innovators and key players within the industry. It offers a platform for collaboration and networking, facilitating the exchange of ideas that can shape the future of technology in Africa.
Frequently Asked Questions
What is the Crypto Innovation Pitch by Quidax?
The Crypto Innovation Pitch is an initiative by Quidax aimed at supporting promising African cryptocurrency startups with funding and resources.
How much funding is available for the selected startups?
Quidax provides $15,000 in funding along with additional support worth $110,000.
Who can apply for the Crypto Innovation Pitch?
Startups that are in the seed to early-growth stage and focused on impactful blockchain solutions can apply.
When and where will the pitching event take place?
The pitching event is scheduled for October at the Eko Convention Centre.
What is the significance of the TechCabal Battlefield event?
The TechCabal Battlefield event is a significant platform for startups to showcase their innovations to potential investors and industry leaders.
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