On Hosting the Third Edition of the CV Competition
Just two weeks ago CV VC’s co-working hub CV Labs hosted the Top 10 finalists of the CV Competition. The third edition pitch battle was organized in collaboration with our industry partners. The competition created an opportunity for incredible startups from all over the globe to showcase their blockchain-based solution that would benefit, or, in some cases, disrupt the real estate industry.
Though everything culminated during the CV Summit (Recap here), our story begins in October 2018. Our dedicated scouting team reached out to 253 startups during the 60 days allocated for the application process. The startup scouts worked with 45 partnering organizations, such as Seoul Blockchain, Recotech, Spanish Proptech, Holland Contech and Proptech and others to help secure 130 applications from 38 countries.
From that point onwards, we worked closely with 18 jurors and inacta’s technical team to identify most exciting startups that solve problems in the real estate sector within the following verticals: Registry, Investment, Construction and Logistics, Smart Buildings, Real Estate Asset Management, Design & Planning.
It took our teams a total of 453 hours to review all applications and come up with a TOP 30 startups. With about 1,5 months left till the big show, the jurors met every Friday and worked through 7 to 8 live pitches.
Fast-forward to the main day and we have TOP 10 finalists coming from Nigeria, India, UK, Malaysia, Slovenia, Czech Republic and Switzerland. The finalists presented exciting solutions in facility management, real estate asset tokenization, smart contracts and escrow services, as well as protocols, designed to digitize land registries across the world.
The latest edition of CV Competition boasted the biggest prize pool ever. All TOP 30 startups received free tickets to the CV Summit. TOP 10 got pitch training and a dedicated booth at the CV Summit. We will fast track TOP 5 to the CV Labs Incubation Program. TOP 3 received stage training, one-year access to CV Labs and mentorship from CV VC’s Advisory team. In addition, our partners from Recotech and Holland Contech and Proptech offered exciting prizes to the best blockchain startups. Best startup received $100,000 cash prize!
And, on to the stage! These are the companies that pitched live at the CV Summit’s main event and won:
A very special project — Dezentrum La Boîte is think tank that seeks to redefine our approach to how we use public spaces. Brilliant minds behind the project are true futurist and die-hard blockchain believers.
Third place went to Blocknify, a startup from Prague that enables landlords and renters to sign smart contracts that effectively increases trust in the real estate transactions. The beauty of this application is that it can be scaled to other industries.
The runner up Fetch Blockchain seeks to digitize the otherwise not-so-digital land registries across the globe. Since land registries are predominantly paper-based, yet it is ever so important to move forward with the digitization. Fetch Blockchain utilizes an array of technologies, such as GIS mapping, Ai and, naturally, blockchain to ensure that land titles are mapped out, transferred into digital realm and assigned to the rightful owners.
A token-issuance platform, called Blocksquare took home the main prize. The Slovenian team is solving asset liquidity problem in the real estate sector. The startup has achieved incredible milestones in the past few months and have successfully tokenized their first property.
We were successful to the outstanding team work and great collaboration between our partners, inacta and CV VC. Till next time!
Read the full CV Summit recap here.
– Article by Pavel Jakovlev, CV Competition Lead
