Welcome to the Decentralized Impact Incubator 2021
Launching October 18, 2021
The Decentralized Impact Incubator is a 3-week program, focused this year on NFTs and their impact, to ideate and prototype blockchain-based solutions to global social and environmental challenges. During the period, participants from around the world gather to form teams, design business models, draft proposals and code. Teams need to pass through weekly checkpoints and are guided by mentors throughout the process. Winning projects will receive grants to support continued development.
The scope of these challenges includes early-stage ideas for a product/solution, innovative business models, a timeline for sustained development, and if possible, a prototype, but not continuations of projects that are already beyond testing phase.
The Decentralized Impact Incubator is supported by members of the Blockchain for Social Impact Coalition (BSIC). BSIC is a 501(c)(6) not-for-profit organization that incubates, develops, and collaborates on blockchain products and solutions that can address social and environmental challenges across the United Nation’s Sustainable Development Goals.
Work in a small team to solve a challenge of your choice. Your goal is to demo a deployable blockchain-based solution.
BE A SPONSOR
Get involved as a Sponsor by contributing capital to teams’ continuing development of solutions after the Incubator period ends.
BE A MENTOR
Share your business, technical, and subject matter expertise to guide teams through weekly checkpoints. Typical commitment is 3-5 hrs per week.
BE A JUDGE
Review teams’ submissions given set rubrics. Judges are experts experienced in designing and deploying impact solutions in the challenge category.
SIGN UP AS A MENTOR, JUDGE OR SPONSOR
6 Weekly checkpoints (which will guide you to create an excellent White Paper)
A 5-min video demo that covers:
A description of your early stage idea: The challenge of your choice and the overview of your solution.
An explanation of your business model: How does your solution create value and be financially sustainable?
Prototype / Proof-of-concept: A minimum viable product that captures how your product functions.
A timeline for sustained development: Roadmap for project’s growth beyond the scope of the incubator.
The Decentralized Impact Incubator will challenge teams to create more than just code. Teams will go through processes of market research, business models design, tech architecture outline and impact measurement, each of which accounts for a significant portion of the final score.
In past cohorts, 1200+ participants from 55+ countries have joined the challenge. More than 150+ teams were formed. 150+ mentors and 60+ judges took part in the process.
A total of USD $100,000 has been granted to 16 winning teams.
Ethereum Developer Resources
The Ethereum blockchain has a robust set of tools and infrastructure that allow decentralized applications (DApps) to be quickly built and iterated on. This makes it a perfect fit for a rapidly paced hackathon exploring new and emerging applications.
Truffle – A development environment, testing framework, and asset pipeline for Ethereum.
MetaMask – A Chrome browser extension that manages keys and enables web-applications to interact with any ethereum blockchain network.
INFURA – Provider of remote Ethereum and IPFS nodes.
Solidity – A popular high-level language used to write smart contracts.
IPFS – A P2P system that implements a filesystem.
ethereumjs-wallet – Another alternate implementation of an Ethereum wallet.
TestRPC – A simulated blockchain for fast testing and iteration.