Crypto’s Got Talent: Episode 2

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IoTeX
@iotex_ioFeb 21, 2025

The Spaces focused on the concept of 'Crypto's Got Talent', a platform aimed at promoting transparency and innovation in the crypto industry by building in public and distributing a $500,000 USD grant. The episode featured pitches from four different projects: Zylon, Functionland, Just Everything, and Icecard, each with unique approaches and technologies. These projects ranged from blockchain-based energy solutions to decentralized storage networks and emergency services. Discussions also highlighted future integration of community feedback through polls and the importance of having a clear roadmap and scalability strategies. The session concluded with suggestions for improving the presentation flow and encouraging participant engagement.

Crypto's Got Talent - Episode 2 Overview

Introduction

The second episode of Crypto's Got Talent was co-hosted by Aaron and another speaker. The hosts shared their excitement and reflected on feedback from the previous episode, aiming to implement improvements. The episode’s main focus was on pitching crypto-related projects potentially eligible for a $500,000 USD grant.

Key Announcements

The format for this episode involved hearing pitches from four projects, with community engagement and feedback playing a crucial role. The idea was to transition these pitch sessions to a livestream format eventually to maintain transparency.

Project Pitches

1. Silon (Presented by a Speaker)

  • Project Focus: The Silon project involves systems running on blockchain, specifically for heating solutions, cooling solutions, and a water-producing machine. It emphasizes reducing carbon emissions and increasing energy efficiency.
  • Innovation: The project marries environmental efficiency with cryptocurrency mining through a novel application of immersive cooling.
  • Progress: The team has established a company in Bulgaria, applied for patents, and is working on their first prototype.
  • Discussion: Questions centered on how carbon savings are calculated and the specifics of their patent, which covers the complete system's innovative approach.

2. Function Land

  • Project Scope: Function Land aims to decentralize storage using a protocol that aggregates device storage while ensuring data security through encryption and replication.
  • Hardware Component: To resolve network instability from user devices, they developed a dedicated, low-power hardware solution that supports decentralized storage and computing.
  • Business Model: The focus is on B2B, collaborating with companies to onboard data onto their network.
  • Growth and Revenue: With over 1,000 nodes globally and partnerships forming, Function Land is set for a token generation event in March.

3. Just Everything App (Presented by Gopal)

  • Objective: The project intends to revolutionize the cargo and food delivery marketplace by employing AI and blockchain, integrating IoT sensors for an efficient supply chain.
  • Implementation: They have an upcoming launch in the cement industry in India and are expanding offices to Phoenix, Arizona.
  • Questions Raised: Discussions on monetization and how sensors track the data flow were key points.

4. Ice Card (Presented by Vina)

  • Platform Purpose: Ice Card is an emergency service application that integrates facial recognition to access personal emergency information swiftly.
  • Use Cases: Scenarios such as medical emergencies and missing children were highlighted.
  • Technological Edge: Utilizing blockchain for validation and help tokens as a form of gratitude.
  • Challenges: Questions revolved around the practical application in advanced markets like the US and UK.

Conclusion

Overall, the episode showed a wide variety of projects at different stages of development. Function Land demonstrated a more advanced project compared to others, with established hardware and users. It's emphasized that the show serves as a grants program, and participants are encouraged to have clear roadmaps and identify the problem-solution fit in their pitches. The team plans to integrate community questions in future sessions to enhance engagement.

Next Steps

  • Feedback & Polling: Upcoming episodes will incorporate community polls to gauge project popularity.
  • Documentation & Participation: Those interested in pitching can refer to the documentation provided by IoTeX and apply for the grant program.

Final Remarks

The hosts welcomed the diversity and innovation shown in the projects pitched, with aspirations of discovering transformative crypto solutions. They plan to continue improving the format and encourage sharing among communities to find deserving projects.