Dbrain celebrates winning the 2nd place at the biggest ICO Pitch Competition, organized by d10e, the leading blockchain conference in Silicon Valley! Dbrain’s platform to collectively build AI apps was selected out of 34 other ICOs, received the Investors Award and a share of the $200,000 prize money.
Selected out of hundreds of submissions, the finalists were invited to pitch live to the Blockchain Investors Consortium. Members of the Consortium served as a jury choosing the best ventures that fit the investment criteria for their funds.
There were 5 basic judging criteria, such as a business model, team members, investors terms, a solution of the problem and a token model. The grand prize was split among the top-three winners.
Dmitry Matskevich, CEO of Dbrain delivered his pitch in front of the leading blockchain investors, including:
- Mike Costache, cofounder and managing partner at KrowdMentor;
- Brock Pierce, cofounder at Blockchain Capital & Block.one;
- Leonid Markin, blockchain investor and founder at Gigawatt & Cryptonomos;
- Scott Mize, founder and chairman of the Board of advisors at Network Security Ventures;
- Shafin Diamond Tejani, CEO, president and director at Victory Square Technologies;
- and Brad Yasar, managing partner at KrowdMentor.
“We are so proud to win this award, especially considering the stellar jury line-up and the other great startups that were presenting. There were so many inspiring pitches, and it’s truly an honor to be selected as one of the top ones”, Dmitry said.
About d10e
d10e is the leading conference on decentralisation since 2014. Past editions were hosted in Amsterdam, Bucharest, Davos, Gibraltar, Kyiv, Ljubljana, San Francisco, Singapore, Tel Aviv and Warsaw. The event offers an opportunity to meet up with some of the best minds in the field, including the investors who fund ideas that change world for better. d10e holds the biggest ICO Pitch Competition. The judges are the most respective investors who vote with their own capital.
About Dbrain
Dbrain is an open blockchain platform to collectively build full-stack AI apps. Dbrain gives access to crowd workforce and data providers for AI developers and businesses, creating a win-win situation for all participants in the AI market.
With Dbrain crowdworkers request simple tasks on image labeling and assessment. After the task is completed correctly and verified, they get paid with cryptocurrency. Anyone with a connected device can label data and make crypto. The platform has the potential to reach 2 billion unbanked people in low-income countries and give them additional income streams in tokens, which are often more stable than local fiat currencies.
Dbrain significantly lowers barriers for developers to creating commercially viable AI products. Companies could reduce data labeling costs by 2-10x compared to, for example, using AMT in the U.S.
After securing $2.5 million in seed funding and joining Microsoft Bizspark program, Dbrain has reached a significant milestone by releasing the alpha version of the platform, including a web application and a Telegram bot.
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