Event details
This is the prize giving for the FinHub Hackathon and is part of the FinHub Hack Series. We will be convening on the final decision with all participating mentors after the finalists pitch their submissions. We also welcome anyone interested in learning about the awesome ideas that our hackathon participants have produced.
Date: Friday, 28th July 2023
Time: 16:30 SAST
Session duration: 2.5 hour
Location: The Hasso Plattner School of Design Thinking Afrika, UCT Middle Campus
Registration: this is an event for all hackathon participants and an open invitation to interested parties. Please see this link to RSVP.
Agenda
16:30 - 16:45: Registration and Networking
- Participants, mentors, judges, and attendees arrive and register for the event.
- Networking session
16:45 - 17:00: Opening Remarks
- Welcome address by the University of Cape Town Financial Innovation Hub Co-Director, Anda Ngcaba
17:00 - 17:50: Team Pitches
- The top five teams selected from the hackathon will have an opportunity to present their solutions.
- Each team will have a maximum of 5 minutes to pitch their project, followed by a 5-minute Q&A session with the judges.
17:50 - 18:00: Address by Gregory Pepper - Co Founder of SENSE IMS
18:00 - 18:05 Address by Jacquelene Friedenthal - Science & Technology Counsellor, Embassy of Switzerland to South Africa
18:05 - 18:20: Launch of FinHub's Pre-Incubation Program - Panel Discussion
Announcement and introduction of the FinHub's pre-incubation program by
- Jacquelene Friedenthal - Science & Technology Counsellor, Embassy of Switzerland to South Africa (Panelist)
- Gregory Pepper - Co Founder, SENSE IMS (Panelist)
- Anda Ngcaba - Co Director, Financial Innovation Hub (Moderator)
18:20 - 18:35: Awards and Prize Distribution
18:35 - 19:00: Closing Remarks and Networking
Hackathon Details summary
Theme: Blockchain for Sustainability: Hacking Solutions for the UN Sustainable Development Goals
Team size: 2 - 4 members per team (registered UCT students)
Prizes: bursaries and cash to be shared between members of a winning team
The cash component of the prize will be as follows:
- Winning Team - R50,000
- Runner Up - R25,000
- Third Prize - R10,000
Bursary award component:
- Winning Team - R75,000
- Runner Up - R50,000
- Third Prize - R25,000
Participatory award: AlgoFoundry courses worth between R4,000 to R9,000 per course with award and certificate on completion
Submission Criteria
- Submissions must relate to the theme of the hackathon.
- Submissions must include a frontend to interact with the produced application.
- Submissions must make use of Algorand smart contracts.
- The smart contracts must be deployed to TestNet. - The frontend can be deployed to a publicly accessible URL OR locally deployable.|
- If on a publicly available URL, submissions must include a valid link.
- If locally deployable, instructions must be given.
Judging Criteria
- Novelty - how original is the concept?
- Blockchain Fit - does the solution really need blockchain?
- Impact - how much potential impact does the solution have?
- Implementation - how sound is the business logic and is the code maintainable?
- User experience - how smooth are the interactions for the end user?
FinHub Hack Series
This event aims to bring together developers, entrepreneurs, and industry experts to create innovative solutions using blockchain technology to address some of the most pressing challenges facing our planet today.
- Ecosystem Growth & Education: Our two-week workshop is focused on introducing the practical skills of developing on the Algorand blockchain with just enough theoretical knowledge of the ecosystem to be able to hit the ground running when entering the hackathon.
- Encourage innovation: The hackathon aims to encourage innovative thinking by providing a platform for participants to brainstorm and develop new solutions using blockchain technology. We hope to inspire participants to think creatively about how blockchain can be used to address some of the most pressing sustainability challenges.
- Promote collaboration: Collaboration is a key component of the hackathon, and we hope to foster a collaborative environment where participants can work together to develop innovative solutions. The event will provide an opportunity for participants to network, learn from each other, and collaborate on projects.
- Create impact: The ultimate goal of the FinHub Hack Series is to create solutions that can positively impact the world. By focusing on the UN Sustainable Development Goals, we hope to develop solutions that can help address social, economic, and environmental issues around the world.
- Support entrepreneurship: The hackathon aims to support entrepreneurship by providing participants with the tools, resources, and mentorship they need to turn their ideas into viable solutions. We hope to inspire participants to think about how they can use blockchain technology to create innovative businesses that can positively impact the world.
- Raise awareness: Finally, the hack series aims to raise awareness about the potential of blockchain technology to address sustainability challenges. By showcasing the innovative solutions developed at the hackathon, we hope to inspire others to think about how they can use blockchain to positively impact the world.
