Categories: Payment system news

V2B Labs Judges the Eventful Blockchain Business Idea Pitch Day Alongside Algorand

[PRESS RELEASE – Please Read Disclaimer]

V2B Labs had an amazing time being part of Ideathon Pitch Day, a blockchain event organized by the Algorand in Tokyo on last May 14, 2022.

On May 14, 2022, Algorand successfully organized the Blockchain Business Idea Pitch, joined by well-known Japan Accelerator mentors, overseas Algorithm founders and VCs, all specializing in cryptocurrency and blockchain technology.

V2B Labs was proud to participate in the event as judges. This was a once-in-a-lifetime opportunity for V2B Labs to dive deeper into the Japanese blockchain market at the Business Idea Pitch Day. Japan is a notable leader in blockchain in Asia and the world recently being called, “the golden mine for blockchain adoption”. Its embrace of blockchain technology is admirable for countries that intend to foster crypto adoption.

This Idea Pitch Day was joined by some of the most promising and popular blockchain firms in Japan such as: ABS代表取締役, CurveGrid, IncubateFund, EXDmusic ファウンダー, etc, which created a great networking opportunity as V2B labs sought to spread its brand presence to the blockchain global community.

The event exceeded expectations with the participation of up to 10 blockchain startup projects focusing on the biggest blockchain trends such as the Metaverse, NFTs, GameFi, Protocols, etc.

A highlight of the Pitch Day is the level of competitive ideas presented by the teams which was empahsized by their inclination to blockchain as a mondatory technology for the future. V2B as part of the judging team picked the following teams as the Top 5 winners:

1. DENTSU
2. SOUQ
3. Visual Coin Team
4. Borcety
5. AIGRAM

V2B Labs commemorated blockchain’s unending creativity through its participation in this event and it remains steadfast in its goal of nurturing burgeoning talent in the crypto space and assisting new teams to realize their dreams.

Creator (V2B Labs’s team) – in a working day with Algorand

About Algorand

Algorand (ALGO) is a blockchain platform and cryptocurrency designed to function like a major payments processor. The Algorand blockchain uses a consensus mechanism called pure proof of stake. ALGO, the native coin of the Algorand platform, is used to secure the platform and reward the platform’s operators.

About V2B Labs

V2B Labs is a visionary R & D firm engaged in blockchain services, a top-tier IT company with more than 10+ years of experience. V2B Labs is a leading laboratory in research, investment, solutions development, technology, products and services related to blockchain with an aim to empower blockchain transformation on a global scale.

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