Decentralize Impact program enters its incubation phase

Decentralize Impact program enters its incubation phase

Decentralize Impact program enters its incubation phase

After successfully completing the Ideation and the Catalyst phases, Decentralize Impact entered officially its Incubation phase on the 14th of April 2022. This pioneering innovation and incubation program is supported by IFC International Finance Corporation in both its national and regional contexts and launched by Impact Partner in collaboration with Dar Blockchain and 1337 Digital Studio. 

The aim of the program is to empower innovation in the blockchain and entrepreneurship ecosystems through 3 pillars: community driven governance, feedback and engagement mechanisms incorporated in its management and voting system.

A 3-phase program:

Decentralize Impact is structured in three major phases, centered around six challenges that are destined to entrepreneurs and change leaders interested in creating innovative solutions based on Blockchain technology.

The initial Ideation phase took place between December 10th and March 24th. During this phase, 4 Blockchain workshops were organized in the cities of Sfax, Sousse, Beja and Tunis. Added to that, 2 Blockchain digital Hackathons were held to support the idea holders in better structuring their projects and expanding their possibilities. At the end of this phase, a public voting session using the Decentralize Impact DAO platform, allowed project proposers, community members, experts and program partners to select the top 19 projects.

This participatory voting process is definitely a premiere in Tunisia and North Africa, since all the voting operations are inspired from Blockchain. The model used voting tokens which promote a transparent environment with equal access to opportunities.

During the Catalyst phase, the teams participated in a digital bootcamp and developed their business models. Public voting session took place later on the DAO platform and 10 projects were therefore selected to be incubated.

In the Incubation phase, these teams will undergo multiple individual sessions with experts in digital entrepreneurship and Blockchain technology. They will receive in depth feedback and will be mentored to elaborate their PoCs and their MVPs.

The next steps:

In Mid-June, a public voting session and a demo day will take place to determine the three winning projects. The final winners will be sharing a total cash-pooled prize of 17,000 Tnd as well as special assistance to become incorporated and raise additional funds. 

The Incubation program will majorly be organized in a decentralized and asynchronous way to facilitate access to resources and promote knowledge sharing for the participants regardless of their geographical locations.

The full list of incubated project : Fantasy Finance | Blockup ++ | Transfees | Fanadora Kizuna DNA | Kenzy | Euphoria | Tazella | | Agrichain

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Mohamed Ali Derbel
Mohamed Ali Derbel

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