Blockchain for Social Impact Hackathon aka The Decentralized Impact Accelerator
Welcome to the Blockchain for Social Impact Hackathon, a.k.a. the first BSIC Decentralized Impact Accelerator.
Over one billion people in the world do not have an officially recognized identity that qualifies them for services and rights. Even more don’t have access to the financial system.
The Blockchain for Social Impact Coalition (BSIC) was created to address these and other humanitarian use cases. We believe that Blockchain technology allows us to innovate systems and solve issues relating to identity, governance, equality and more.
Between September 7th, 2017 and October 7th, 2017, teams will ideate and prototype solutions. There will be on/ and offline events throughout followed by a one-day conference in Washington D.C where top teams will pitch their ideas to challenges in the following topics:
- Financial Inclusion
- Supply Chain
- Identity & Vulnerable Populations
- Energy & Environment
The Blockchain for Social Impact Hackathon is open to all individuals above the age of 18.
- Description of your early stage idea: The challenge of your choice and the overview of your solution.
- Explanation of your proposed business plan / business model: How does your solution create value, what are projected revenue and costs, and what risks need to be accounted for?
- Prototype / Proof-of-concept: Building a prototype or proof-of-concept of your idea is a huge bonus. Remember, this should be a minimum viable product that allows you to test any assumptions that are built into your business model.
- Timeline for sustained development of technology/business: Outline how your project's growth will be managed beyond the scope of the hackathon.
How to enter
If you'd like to participate in the hackathon / decentralized impact accelerator, please register at this link: https://docs.google.com/forms/d/e/1FAIpQLSeE6X2pGVuLQ19bbbsHVpc4Ib34yNeFn88YHe7B8HbE9Vcjfg/viewform
Sales / Marketing Expertise
Experience and/or knowledge in sales, marketing, branding, customer acquisition techniques, etc.
Experience and/or understanding of technology development, engineering, data architecture, etc.
Understanding of the strategy, roadmap, and feature-set of products that solve real user problems
Market Opportunity: Size
Serving as a proxy for the long-term revenue opportunity, the market size should account for the total addressable market (TAM), serviceable available market (SAM), and/or the serviceable obtainable market (SOM).
Market Opportunity: Timing
Economic conditions, industry trends, current technology infrastructure on which the product is dependent, consumer readiness, and other factors should be accounted for in the overall plan
Market Opportunity: Competitive Advantage
An organization's ability to provide value to users/consumers in a superior manner when compared to its competitors. This can be done by offering the product/service at a lower cost, at a faster speed, or by creating more value for the same/similar cost.
Market Opportunity: Business Model
A design for the successful operation of a business, identifying revenue sources, customer base, products, and details of financing.
Market Opportunity: Financial Roadmap
A plan for reaching financial sustainability while accounting for the organization's cash flow, balance sheet, etc. It may also include pricing strategy, operational costs, and other financially-related variables the organization should account for
A clear vision of your product, how it will address the issue on which you've chosen to focus - communicated in a manner that will attract talent and capital
A detailed plan that takes into consideration the organization's users, revenue, operational, and team capabilities
Detailed strategy for how the team will validate any assumptions that are baked into your overall plan, accounting for customer acquisition, partnerships, costs, etc.
Defined Impact Metrics (no more than 5)
List of what the company will be able to measure in order to obtain a detailed account of the impact the organization / product is making on its target population
Measurement Tools and Processes
How will the company measure impact? This area should account for obstacles you may face on the ground, infrastructure issues, measurement techniquest, etc.
New product or marketplace focus / breakthrough idea that creates value
Is the company creating a new product or market place ? Is the company creating products and services that have not been addressed by competing or exiting solutions