Santander will host an awards ceremony within the metaverse this week to crown the winners of a worldwide blockchain problem.
Round 400 corporations from 11 international locations entered the problem, which sought concepts addressing points similar to enhancing consumer privateness and safety in blockchain networks, boosting DeFi and tokenisation, and enhancing and increasing digital interactions with customers via ideas similar to Web3 and the metaverse.
Judges have already whittled the sphere down to twenty finalists: 10 start-ups and 10 scale-ups. It will now be reduce to 3 profitable startups, which can obtain €10,000 every and three profitable scaleups, which can get €30,000 every.
Companies may also get entry to Santander X 100, the financial institution’s neighborhood of start-ups, which connects them to recommendation and coaching, capital, prospects, expertise and networking. As well as, they are going to be given an unique NFT designed by Oxentia Basis.
Viewers that watch the ultimate through streaming on Decentraland will be capable of get the wearables of the occasion: a cap and a bracelet that can enable them to customise their Metaverse avatars.