Jan. 24, 2022 — Cologne, Germany — X Ventures and Agora are pleased to announce the launch of the X Competition, giving blockchain entrepreneurs the chance to win up to $2 million in funding, a business-strategy workshop with renowned experts in Berlin, and exposure to over 50 VCs at the Agora Ninth Edition Global Blockchain Congress, an invitation-only blockchain conference that was held in Dubai on Feb. 21 and 22.
Dehnadi, one of X Ventures’ four partners, is “excited to partner with Agora to find, support and celebrate changemakers who dare to challenge the status quo.” The X Competition, whose application deadline is Feb. 7, is an online and on-stage pitch event aimed at global blockchain startups. “Within five phases, we aim to find the most promising teams and prepare them for future success,” Dehnadi said. Project teams are invited to send their pitch decks in order to participate. The top 10 projects will pitch during the online finals and compete for five VIP team tickets to the Global Blockchain Congress by Agora. The winning team will also receive a free trip to the Global Blockchain Congress and dozens of one-on-one meetings with VCs. On the last day of the event, all five teams will be scrutinized on stage by a panel of experts, and the top three projects will be invited to a three-day workshop in Berlin. Dehnadi is sure: “At this point, you will have attracted the interest of many investors, and you will probably have a choice of whom to work with.” The training is tailored to each of the projects and covers topics such as scaling companies, building business models and value propositions, customer journey mapping, fundraising and pitching, among others.
For more information, visit the competition site. Pitch decks should be sent to this address.
About X Ventures and Agora
X Ventures is a brand-new German venture studio fund. X Ventures is a merger between three successful venture funds (Eazy Ventures, MMM Capital and Mikado Capital) with the goal to become Europe’s leading blockchain venture studio fund.
X Ventures loves blockchain-based projects and strongly supports the concept of decentralization of power and decision-making. X Ventures likes to work with teams that are mission-driven, intellectually honest and infinite learners that want to help build a better world and are not in it solely for the capital.
Agora is headquartered in the UAE, with regional offices in the Middle East. Its mission is to facilitate international trade by connecting companies with each other across continents and enabling access to markets and funds. More specifically, Agora is committed to bringing accessibility of international companies to Arab and African markets and funds through multiple platforms that allow direct connection to corporate buyers and investors from these regions.