Roketo Empowers Sustainable Development Projects with Financial Streaming
Financial streaming can dramatically change many areas of life and we keep looking for the new use cases of Roketo. This time Roketo’s Head of Product David Virabian was judging the sustainable blockchain hackathon by NEAR that took place on May 27–29 in Vienna at the coworking space myhive.
The goal of the hackathon was to use Blockchain & Industrial Technology to develop projects that foster sustainability, mindful consumption, and ecology. This was an intense 48-hour experience both for us and the teams. There were 11 projects judged by 10 mentors. Three teams participated in Roketo’s challenge applying our financial streaming technology to sustainable development.
The prize pool of the hackathon — $15,000 — was distributed among the 9 winners:
Blockchain Loyalty — $5,000
The team created a blockchain loyalty program that facilitates donating to eco-initiatives.
Sharity — $5,000
Sharity is a platform where any Business can donate an NFT to a charity that they want to support. Once the stream starts, they receive an NFT that evolves over time to show the real time impact of the donations.
Cheapest Neighbours — $3,000
Cheapest Neighbours built a decentralized solar community that connects investors, owners, and contractors to facilitate building renewable energy systems.
NEAR Data — $500
B’Side — $500
Green Protocol — $500
Purry io — $500
We have selected the two winners of Roketo track who received $500 in NEAR: Crypto Valve & Cheapest Neighbours.
“The level of participants was very high, and I had a lot of meaningful conversations. I was impressed with the product ideas suggested by the teams. Crypto Valve introduced a non-lineary streaming on the blockchain that uses exponential flow rate instead of constant. The rate can depend on the time left for streaming or on other factors,” — David shared. “Cheapest Neighbours is a company that allows for a decentralized rollout of solar energy projects. Structuring the financing process with on chain records allows for innovative profit distribution and a variety of other use cases to build to build upon that solution, making energy as an asset more flexible and attractive. I see a lot of potential in Roketo’s use in sustainable development and we discussed potential partnership with these teams.”
All winners received their assets through Roketo streams and you can track their payments by clicking on their names. Roketo makes all payments completely transparent.
Links:
- Join our community on Twitter
- Chat with us on Telegram
- Join us on Github
- Try out new Roketo Protocol
- Visit our Website
