Worldwide banking large Santander has introduced that the reward ceremony for its blockchain-focused Santander X International Problem will happen within the Decentraland metaverse.
The competitors is aimed toward a world pool of fintech start-up and scale-up firms. Contributors should create options which give attention to easy methods to enhance consumer privateness and safety in blockchain networks, foster the adoption of Decentralised Finance (DeFi) and tokenisation, and improve and broaden digital interactions with customers by ideas comparable to Web3 and the metaverse.
Going down on July 14th, the award ceremony will see a prize pool of $120,000 shared between six well-deserving winners. The winners may also have the chance to hitch the financial institution’s entrepreneurship community, in addition to obtain an unique NFT designed by the Oxentia Basis (who helped host the competitors). The competitors started with 400 entries, nevertheless now it’s been whittled down to twenty finalists, 10 of which being start-ups, and 10 being scale-ups.
Digital attendees of the ceremony may also obtain commemorative caps and bracelets which they will equipment out on their metaverse avatars. To grow to be eligible to obtain such wearables, customers should pre-register on the official event page or entry the Santander X area in Decentraland utilizing their wallets and signing up within the Guestbook.
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