Incrypted Pitch Session: details, winners and prizes

• The Incrypted Pitch Session online event was held on November 22, 2023.
• Over 50 startups applied for participation, 10 of which got the opportunity to present their projects.
• The jury members included representatives of venture capital funds, CEX, blockchain platforms and large companies.
• The judges determined the winning startups, which received various prizes from Incrypted and partners.

On November 22, 2023, the first Incrypted Pitch Session was held as a part of the Incrypted Acceleration initiative. Our editorial team prepared an overview of the event and summarized the results of the event.

Incrypted Pitch Session is a free online event aimed at developing future industry leaders. Organizers help projects present their ideas to venture funds, blockchain companies and the community, find partners and raise funds.

The full video from the Incrypted Pitch Session is available below:

Participants and regulations

Over 50 startups applied for participation in the pitch session. Of them, 10 got a chance to pitch to the jury, 6 projects were from Ukraine.

The full list of pitch session participants:

• Binaryx Platform;
• Assisterr;
• Raters;
• Brickken;
• Folks Finance;
• Liqui;
• Amsets;
• Keynow;
• Mangata Finance;
• Coin Wizard.

Each startup received up to 10 minutes of time to speak to the jury. The first 5 minutes were allocated for pitching, and the rest of the time they answered questions from the judges and session participants.

Jury and partners

Incrypted Pitch Session gathered an expert jury of 15 people, including representatives of blockchain companies, venture capital funds, centralized crypto exchanges (CEX) and other market players.

More than 10 investment firms became partners of the event. These are the following companies:

• Mirana Ventures;
• Chain Capital;
• Comma3;
• UFVenture;
• New Tribe;
• ZBS Capital;
• Oriole Vantures;
• Paradisecapital;
• Presto venture;
• Polymorphic capital;
• EvoInvest;
• Alphacapita.

In addition, Incrypted Pitch Session was supported by well-known blockchain companies: Aurora, Linea, Solana, WB Network and Q Blockchain.

Web3 industry players including WB Network, DeXe DAO Studio, Kaizen Finance, Majinx, Incrypted, and Pitchtalk supported the event, voted, and also provided prizes for the winners.

Incrypted Pitch Session winners

Each of the participants of the pitch session presented their own solutions and products and had an opportunity to attract the attention of the leading representatives of the industry. At the end of the event, the judges determined the winners.

First place: Folks Finance

Folks Finance is a DeFi protocol that provides decentralized lending services.

The project allows users to earn passive income for providing liquidity and making deposits, as well as to borrow crypto assets with a preliminary deposit as a guarantee of repayment.

Second place: Mangata Finance

Another winner is the startup Mangata Finance. 

It is developing a crosschain protocol based on ZK-Rollup, focused on creating an infrastructure for exchanging liquidity between L1 blockchains.

Third place: Keynow

Keynow enables enterprises to integrate crypto transactions. Representatives of the startup attribute the following features to Keynow’s advantages:

• multiple payment options with different cryptocurrencies 
• prompt notification of new transactions to trading systems
• a simplified solution that provides blockchain monitoring and infrastructure management for businesses.

Prizes for the best

The winners of the Incrypted Pitch Session received various prizes. For example, Kaizen Finance will offer Folks Finance and Mangata Finance a token creation service with no MEV audit and one additional token launch on demand.

DeXe DAO Studio will provide expertise in launching DAO management for multiple projects, and WB Network will provide a $2000 prize fund, split between Binaryx and Mangata Finance.

Hypra Fund will provide a 1-to-1 fundraising mentoring session for Folks Finance, while Majinx will offer a fundraising package to the startup.

The Incrypted team will prepare press releases for the top 5 startups and will also host an AMA session with the Folks Finance community.

The session held is the first of many. More events and opportunities are ahead for Web3 attendees as part of the Incrypted Acceleration initiative.

You can register for the next session by submitting to this form.

We would like to remind you about one of the biggest events among the crypto community in Eastern Europe — Incrypted Conference 2023. On June 10-11, more than 1000 crypto-enthusiasts, including representatives of the government, crypto community, and startups, gathered in Kyiv.