Ignition

Project Name

Ignition

Project Tagline/Description (140 Characters Max. Will be used on table card for judging)

Virtual pre-acelerator for developers and early startups, using Ethereum as a trust layer to prove their value.

Team Members. First and Last Names

Status.im ID for Each Team Member (we will use this to contact you and your team)

Rest of the team is awaiting to be downloading application (late in the night to get it from them now)

Inspiration

“3 hackers and a finance bro walked into a bar”

The driving idea behind project Ignition is to help get smart money into the hands of capable and clever developers. The industry is changing quickly; The technology is sprinting full steam ahead, with improvements to the infrastructure happening every and the community is expanding, with more devs and specifically more hackathons than ever before. At the same time, the investor base is changing. Existing crypto funds have been burned by the recent crash in prices and traditional investment verticals are starting are starting to show signs of appetite. It’s a not an easy time to match funds with promising projects, but maybe we can make it a bit easier.

Detailed Project Description (no more than 3-4 sentences)

Ignition aims to increase the credibility of hackathon results by transacting key elements of the process on-chain. Hackathon wins accrue credibility through verified judge identity, award amounts and the pool of hackers, anchored by material transaction flows (award/bounty payments). That improved credibility opens the door for easier fundraising for hackathon winners, and better investment choices for investors (particularly those without existing connections to the crypto community)

Describe your tech stack (e.g., protocols, languages, API’s, etc.)

Track for which you’re submitting (Open or Impact)

Open

All Bounties Completed/Incorporated

None