VANCOUVER, British Columbia, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Further to its news release of December 6, 2017, Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (VSQTF) (6F6.F) and the Blockchain Investors Consortium (“BIC”) are partnering to offer a $2M investment prize pool for the top three blockchain technology companies at each of the highly-touted d10e conferences held in the coming year.
Up-and-coming blockchain companies pitching at d10e conferences held in 2018 in Seoul (South Korea), Tel Aviv (Israel), Silicon Valley (USA), Bodrum (Turkey), Malta, Astana (Kazakhstan) and Vilnius (Lithuania) will be eligible for the unique prizing opportunities.
“D10e was created to provide a platform for promising blockchain companies to showcase their ventures to a worldwide audience of investors and cryptocurrency enthusiasts,” said Mike Costache, Founder of the Blockchain Investors Consortium. “We pride ourselves on ensuring that the companies selected to pitch at each event have reputable teams, sound token models and global disruptive potential. And we’re proud to do so in partnership with Victory Square Technologies.”
D10e has hosted the preeminent decentralization conference series around the world with over 13 events since 2014. Past d10e presenters have collectively raised over $750 million through token sales and include some of the largest brands in blockchain. Past event locations have included Singapore, San Francisco (USA), Amsterdam (Netherlands), Kyiv (Ukraine), Warsaw (Poland), and more. At each event, hundreds of companies from around the world submit an online application to pitch, of which 20 are selected to present live in the startup pitch competition, and the top three companies are selected as winners.
“By partnering with the BIC and d10e to provide these investment prizes, we’re proud to have the opportunity to connect in such a meaningful way with the real up-and-comers in blockchain and cryptocurrency,” said Shafin Diamond Tejani, Chief Executive Officer of Victory Square. “Throughout the process, which we want to be fun and challenging for these emerging stars, we’re gaining early access to a wide array of the most promising blockchain technology companies in the world, as selected by established thought leaders in the industry. That will help us expand our blockchain portfolio over the next 12 months and is on track to provide us with investments in over 60 of the most disruptive companies.”
Victory Square will be awarding a $100,000 equity investment or token allocation split equally between the top three companies selected by a panel of judges who are leaders in the dynamic blockchain and cryptocurrency space. Past judges have included Mike Costache, Brock Pierce, David Orbin, Eddy Travia, Ruslan Gavrilyuk, and many other prominent advocates of decentralization and champions of blockchain technology.
Victory Square provided the investment prize to the top three companies at the most recent d10e conferences in Gibraltar, Davos (Switzerland), Ljubljana (Slovenia) and Bucharest (Romania). The winning companies included:
Debitum - a decentralized alternative financing ecosystem.
Guardium - the world’s first blockchain-based emergency response platform.
Neuromation - a distributed synthetic data platform.
OSA Hybrid Platform - AI and blockchain synergy in retail.
Hacken - the connection between blockchain and cybersecurity communities.
InsurePal - distributed social proof insurance.
Persona - decentralized identity management.
TheMine - mining as a service.
Native Protocol - tokenized community banking.
Chainium - intersection of blockchain and the global equity market.
AidCoin - decentralized charity donations.
D10e expects to host approximately 16 events over the next year. The sponsored investment prize will also provide a new referral source for VS Blockchain Assembly, the Victory Square portfolio company that provides advisory and post-build services for blockchain companies conducting Initial Coin Offerings and Token Generation Events.
For further information about the Company, please contact:
Howard Blank, Director
ABOUT VICTORY SQUARE TECHNOLOGIES INC.
Victory Square Technologies is a blockchain-focused venture builder that funds and empowers entrepreneurs to implement innovative blockchain solutions. Victory Square portfolio companies are disrupting every sector of the global economy including Virtual Reality, Artificial Intelligence, Personalized Health, Gaming and Film. Victory Square has a proven process for identifying game-changing entrepreneurs and providing them with the partners, mentorship and support necessary to accelerate their growth and help them scale globally. For more information, please visit www.victorysquare.com.
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This news release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Victory Square. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square, including future plans. Although Victory Square believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Victory Square can give no assurance that they will prove to be correct. Forward- looking statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.