Entrepreneurs Panel: Emerging Technologies for Social Impact

Nodle, Nugbase, StormX, Snowball from Sp 20 Batch shared industry insights during Berkeley’s Emerging Technologies for Social Impact lecture

Industry Insights from Nodle, Nugbase, StormX, Snowball

Four teams from Xcelerator Sp 20 batch shared industry insights during Spring 2020 Emerging Tech and Social Impact Challenge Lab course (INDENG 185), taught by Prof. Luke Kowalski. This course is structured as an incubator for multidisciplinary students to solve real world problems, spinning out top projects as startups within the UC Berkeley ecosystem.

You can watch the talk by our teams here or below:

Meet the four teams (Sp 20 Batch)

Nodle is a new kind of network to connect devices. They “connect people through code and other people instead of merely telecom antennas.” This decentralized communication network facilitates an internal circular economy, wherein somebody with a smartphone offers a portion of their available bandwidth in return for crypto-asset rewards.

Nugbase is the team behind Flowerpatch which seeks to be “the first cannabis industry game that treats the industry with respect.” Users earn money through the game and conduct peer-to-peer commerce using tokens that hold value both in-game and in real life. The game is an open ecosystem of collectibles and unique digital assets called non-fungible tokens (NFT). Their vision includes future integrations with other Ethereum projects. In the future, digital assets would be bought and sold at a level of price and demand comparable to Magic: The Gathering cards, rare memorabilia, and classic automobiles.

StormX rewards you for shopping online, playing games, and trying new products. Their secret sauce is a patented micro-transaction technology which plays well with a multitude of reward methodologies, without fees that cause undue friction. As of early 2020, StormX has worked with 1,600+ brands including eBay, Uber, Instacart, Target, Samsung, GameStop, Microsoft, and Macy’s.

Snowball Money is a wealth generation platform built with the belief that access to information must be democratized for everyone. In other words, “everyone should have the right to be their own bank.” They deliver smart crypto-asset investment automation. From a social impact standpoint, this vision addresses the 1.7 billion people without a bank account, making an attempt at financial inclusion from a digital economy angle. They recently won the Product Hunt Golden Kitty Award!

You can learn more about our portfolios here and find out about challenge courses that Berkeley teaches here.

Note: This blog post was originally published on May 4, 2020, and migrated to Medium on Aug 8, 2020.



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