News

SEC sues Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M
April 26, 2024 7:42 am
  • SEC sues Geosyn Mining and co-founders for misappropriated funds and misleading investors.
  • Bitbot revolutionizes crypto trading with a non-custodial Telegram bot.
  • The $BITBOT presale nears $3M presale with the token poised to rise from the current $0.0171 to $0.018.

The Securities and Exchange Commission (SEC) has filed charges against Bitcoin miner Geosyn Mining, LLC, and its co-founders, Caleb Joseph Ward and Jeremy George McNutt, for allegedly defrauding investors out of $5.6 million.

Meanwhile, Bitbot, a non-custodial Telegram trading bot, is on the verge of hitting $3 million in its presale.

Let’s delve into the details of these developments.

SEC’s charges against Geosyn Mining and its co-founders

According to the SEC’s complaint, filed in a federal court in Texas, Geosyn raised approximately $5.6 million from over 60 investors between November 2021 and December 2022.

According to the U.S. SEC, the company allegedly misled investors by falsely claiming to purchase, maintain, and operate crypto mining machines, promising to distribute mined assets, such as Bitcoin, to investors for a fee. The SEC alleges that Geosyn made false claims about its contracts with electricity providers, failed to disclose that it never purchased some mining machines, and did not provide the services as promised.

Moreover, Ward and McNutt are accused of misappropriating about $1.2 million for personal use.

The SEC seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against Ward and McNutt.

Bitbot: a Telegram bot revolutionizing crypto trading

While the U.S. SEC goes after Geosyn Mining LLC,  Bitbot, an innovative non-custodial Telegram trading bot that aims to democratize crypto trading is making waves with its token presale.

Besides its token presale, Bitbot offers users institutional-grade tools in a secure and easy-to-use package, allowing them to trade directly from Telegram while maintaining control of their assets. It integrates with self-custodial wallets, ensuring users retain complete control over their keys and assets.

The platform employs KnightSafe, a decentralized security system, to safeguard trading activities. It provides a range of trading tools, including automated sniping, limit orders, copy trading, and yield optimization, accessible to users of all trading experience levels.

Bitbot presale nears $3 million

In recent developments, Bitbot’s presale is rapidly approaching the $3 million mark. The presale, which offers investors the opportunity to acquire $BITBOT tokens, Bitbot’s native utility coin, has garnered significant interest from the crypto community raising a total of $2,900,178 by the time of writing.

Investors can purchase the $BITBOT token at the current price of $0.0171 per token before the price increases to $0.018 in the next stage.

Investors can participate in the presale by importing or creating a smart contract wallet directly via Telegram and once the presale period concludes, investors can claim their $BITBOT tokens via Bitbot’s official website.

$BITBOT token holders stand to benefit from revenue sharing, exclusive presale access, unique perks, a say in Bitbot’s strategic direction through governance, and more.

Conclusion

SEC’s legal action against Geosyn Mining highlights the importance of regulatory compliance in the crypto industry, while Bitbot’s presale success underscores the growing demand for innovative trading solutions in the crypto market.

As Bitbot continues to revolutionize crypto trading, investors eagerly anticipate the platform’s future developments and expansion.

The post SEC sues Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M appeared first on CoinJournal.

SEC sues Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M
April 26, 2024 7:42 am
  • SEC sues Geosyn Mining and co-founders for misappropriated funds and misleading investors.
  • Bitbot revolutionizes crypto trading with a non-custodial Telegram bot.
  • The $BITBOT presale nears $3M presale with the token poised to rise from the current $0.0171 to $0.018.

The Securities and Exchange Commission (SEC) has filed charges against Bitcoin miner Geosyn Mining, LLC, and its co-founders, Caleb Joseph Ward and Jeremy George McNutt, for allegedly defrauding investors out of $5.6 million.

Meanwhile, Bitbot, a non-custodial Telegram trading bot, is on the verge of hitting $3 million in its presale.

Let’s delve into the details of these developments.

SEC’s charges against Geosyn Mining and its co-founders

According to the SEC’s complaint, filed in a federal court in Texas, Geosyn raised approximately $5.6 million from over 60 investors between November 2021 and December 2022.

According to the U.S. SEC, the company allegedly misled investors by falsely claiming to purchase, maintain, and operate crypto mining machines, promising to distribute mined assets, such as Bitcoin, to investors for a fee. The SEC alleges that Geosyn made false claims about its contracts with electricity providers, failed to disclose that it never purchased some mining machines, and did not provide the services as promised.

Moreover, Ward and McNutt are accused of misappropriating about $1.2 million for personal use.

The SEC seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against Ward and McNutt.

Bitbot: a Telegram bot revolutionizing crypto trading

While the U.S. SEC goes after Geosyn Mining LLC,  Bitbot, an innovative non-custodial Telegram trading bot that aims to democratize crypto trading is making waves with its token presale.

Besides its token presale, Bitbot offers users institutional-grade tools in a secure and easy-to-use package, allowing them to trade directly from Telegram while maintaining control of their assets. It integrates with self-custodial wallets, ensuring users retain complete control over their keys and assets.

The platform employs KnightSafe, a decentralized security system, to safeguard trading activities. It provides a range of trading tools, including automated sniping, limit orders, copy trading, and yield optimization, accessible to users of all trading experience levels.

Bitbot presale nears $3 million

In recent developments, Bitbot’s presale is rapidly approaching the $3 million mark. The presale, which offers investors the opportunity to acquire $BITBOT tokens, Bitbot’s native utility coin, has garnered significant interest from the crypto community raising a total of $2,900,178 by the time of writing.

Investors can purchase the $BITBOT token at the current price of $0.0171 per token before the price increases to $0.018 in the next stage.

Investors can participate in the presale by importing or creating a smart contract wallet directly via Telegram and once the presale period concludes, investors can claim their $BITBOT tokens via Bitbot’s official website.

$BITBOT token holders stand to benefit from revenue sharing, exclusive presale access, unique perks, a say in Bitbot’s strategic direction through governance, and more.

Conclusion

SEC’s legal action against Geosyn Mining highlights the importance of regulatory compliance in the crypto industry, while Bitbot’s presale success underscores the growing demand for innovative trading solutions in the crypto market.

As Bitbot continues to revolutionize crypto trading, investors eagerly anticipate the platform’s future developments and expansion.

The post SEC sues Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M appeared first on CoinJournal.

SEC sues Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M
April 26, 2024 7:42 am
  • SEC sues Geosyn Mining and co-founders for misappropriated funds and misleading investors.
  • Bitbot revolutionizes crypto trading with a non-custodial Telegram bot.
  • The $BITBOT presale nears $3M presale with the token poised to rise from the current $0.0171 to $0.018.

The Securities and Exchange Commission (SEC) has filed charges against Bitcoin miner Geosyn Mining, LLC, and its co-founders, Caleb Joseph Ward and Jeremy George McNutt, for allegedly defrauding investors out of $5.6 million.

Meanwhile, Bitbot, a non-custodial Telegram trading bot, is on the verge of hitting $3 million in its presale.

Let’s delve into the details of these developments.

SEC’s charges against Geosyn Mining and its co-founders

According to the SEC’s complaint, filed in a federal court in Texas, Geosyn raised approximately $5.6 million from over 60 investors between November 2021 and December 2022.

According to the U.S. SEC, the company allegedly misled investors by falsely claiming to purchase, maintain, and operate crypto mining machines, promising to distribute mined assets, such as Bitcoin, to investors for a fee. The SEC alleges that Geosyn made false claims about its contracts with electricity providers, failed to disclose that it never purchased some mining machines, and did not provide the services as promised.

Moreover, Ward and McNutt are accused of misappropriating about $1.2 million for personal use.

The SEC seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against Ward and McNutt.

Bitbot: a Telegram bot revolutionizing crypto trading

While the U.S. SEC goes after Geosyn Mining LLC,  Bitbot, an innovative non-custodial Telegram trading bot that aims to democratize crypto trading is making waves with its token presale.

Besides its token presale, Bitbot offers users institutional-grade tools in a secure and easy-to-use package, allowing them to trade directly from Telegram while maintaining control of their assets. It integrates with self-custodial wallets, ensuring users retain complete control over their keys and assets.

The platform employs KnightSafe, a decentralized security system, to safeguard trading activities. It provides a range of trading tools, including automated sniping, limit orders, copy trading, and yield optimization, accessible to users of all trading experience levels.

Bitbot presale nears $3 million

In recent developments, Bitbot’s presale is rapidly approaching the $3 million mark. The presale, which offers investors the opportunity to acquire $BITBOT tokens, Bitbot’s native utility coin, has garnered significant interest from the crypto community raising a total of $2,900,178 by the time of writing.

Investors can purchase the $BITBOT token at the current price of $0.0171 per token before the price increases to $0.018 in the next stage.

Investors can participate in the presale by importing or creating a smart contract wallet directly via Telegram and once the presale period concludes, investors can claim their $BITBOT tokens via Bitbot’s official website.

$BITBOT token holders stand to benefit from revenue sharing, exclusive presale access, unique perks, a say in Bitbot’s strategic direction through governance, and more.

Conclusion

SEC’s legal action against Geosyn Mining highlights the importance of regulatory compliance in the crypto industry, while Bitbot’s presale success underscores the growing demand for innovative trading solutions in the crypto market.

As Bitbot continues to revolutionize crypto trading, investors eagerly anticipate the platform’s future developments and expansion.

The post SEC sues Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M appeared first on CoinJournal.

Crypto-to-crypto swaps, explained
April 26, 2024 7:40 am

Crypto swapping allows users to quickly and easily switch between currencies on both centralized and decentralized exchanges.

Bitcoin Stable Above $64K While ETF Outflows Hit $200M
April 26, 2024 7:07 am
BTC Stable Above $64K While ETF Outflows Hit $200 Million
Pantera Capital Targets $1 Billion for New ‘All-in-One’ Blockchain Fund Set for 2025 Launch
April 26, 2024 6:59 am
News Bytes - 11Pantera Capital is planning to launch Pantera Fund V in April 2025, aiming to raise over $1 billion for investment in a diverse range of blockchain-based assets, representing a consolidation of its investment strategy into an ‘all-in-one’ fund. The new fund will include startup equity, early-stage tokens, and liquid tokens among its assets, and seeks […]
Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC
April 26, 2024 6:41 am

Paris, France, April 25th, 2024, Chainwire

  • Prize pool of over 1M€ value including media grant from Cointelegraph
  • Proof of Pitch is part of Proof of Talk, where All Global Leaders in Web3 Meet
  • 10-11 June 2024, Museum of Decorative Arts (MAD), Louvre Palace, Paris

In a ground-breaking shift from traditional pitch competitions, Proof of Pitch emerges as a transformative platform uniquely combining Artificial Intelligence (AI) insights with the strategic acumen of the world’s leading Web3 venture capitalists. Proof of Pitch participants will showcase their presentation to an exclusive audience of speakers and VCs, including CEOs, founders of leading blockchain companies, and top Web3 VC partners.

Next to the competition’s main sponsor zkSync, distinguished partners and jurors are participating, including Pantera Capital, Borderless Capital, Binance Labs, Greenfield Capital, Arrington Capital, Animoca Brands, Spartan Group, X Ventures, Mechanism Capital and Cointelegraph.

The Proof of Pitch winner will be awarded a first-place grand prize award of 1M€ value in a combination of cash investments by participating VCs, Accelerator services, visibility (such as a 30k media grant from Cointelegraph), and many other value-adding elements.

All participants will also receive a detailed 12-page investment report to understand the strengths and weaknesses of their pitch, outlining strengths to focus on and weaknesses to improve. This is equivalent to a team of analysts spending weeks analyzing the participant’s startup.

Zohair Dehnadi, Co-Founder, Proof of Talk and Partner, X-Ventures: “Unlike conventional pitch competitions, Proof of Pitch enables global businesses and leadership to intelligently tap into the power of Web3, providing valuable and sustainable insights for investors and the startup community at large instead of having just another light-touch startup competition with glittering prizes which ultimately do not add any real business value. Be part of our prestigious Proof of Pitch experience and elevate yourself! See you in June!”

Revolutionizing Startup Evaluation: The AI Advantage

At the heart of Proof of Pitch, a pioneering AI-driven tool is redefining startup assessments, providing deep, nuanced insights at an unprecedented pace. Developed by XVentures through a rigorous, year-long collaboration involving top VCs and data scientists, this AI, known as Pitch Scan LLM tool, can scrutinize a start-up’s business model, conducting thorough due diligence, and evaluate the team behind the idea, market size, and competitive landscape—within minutes rather than weeks. Every participant will be furnished with a detailed 10-page report, with a strategic roadmap for success in the ever-evolving Web3 domain.

Beyond Funding: Prizes That Foster Growth

This initiative is a revolutionary approach aimed at identifying, nurturing, and elevating start-ups set to redefine the innovative horizons of Web3. Winning at Proof of Pitch extends well beyond obtaining financial support. Winners are embraced by a full spectrum of resources, from AI-powered analytics to mentorship by Web3 visionaries, alongside direct introductions to leading venture capitalists. This holistic support system is designed to refine strategies, accelerate growth, and establish market leadership.

Unprecedented Visibility Among the Elite

Gain exclusive exposure by standing among the top 10% of applicants, showcased to a distinguished audience including CEOs, founders of leading blockchain enterprises, and top-tier Web3 venture capitalists. This exposure is more than mere visibility—it’s a golden ticket to captivate the attention of the industry’s elite, secure pivotal investments, and forge transformative connections.

A Vanguard Call to Web3 Innovators

Proof of Pitch calls upon start-ups at the cutting edge of Web3 innovation to dazzle the industry’s titans, venture through the vanguard of technology, and stake a claim in the digital future. This unparalleled opportunity allows participants to showcase their visionary ideas, propel their start-ups forward, and create a lasting impact in the domain of digital innovation.

Proof of Pitch invites those who are interested to dive into this revolutionary journey, an avenue for transcending traditional pitch norms. Navigate through the forefront of Web3 innovation.

Proof of Talk seeks to welcome over 2500 participants. Combined with a stellar speaker line-up featuring CEOs, founders, and leaders of the Web3 and digital assets industry, the summit features impact-focused networking and a refined agenda. A few of the speakers include:

● Joseph Lubin, CEO and Founder at Consensys

● Jenny Johnson, CEO, Franklin Templeton

● Tim Draper, Founder, Draper Associates

● Ophelia Snyder, Cofounder President, 21Shares

● Mihailo Bjelic, Co-Founder, Polygon

● Raoul Pal, Crypto Macro Economist

● Yat Siu, Chairman, Animoca Brands

● Stani Kulechov, CEO, Avara

● Staci Warden, CEO, Algorand Foundation

● Tim Grant, CEO, Deus X Capital

● Digital asset leads from over 30 major TradFi banks

● Partners from 100+ attending VCs

The summit’s agenda also actively reflects Web3’s growing importance, with over 20 panels, 10+ workshops, and over a dozen keynotes and firesides on key topics shaping Web3’s future. These include real-world asset tokenization, AI-blockchain integration, gaming evolution, and smart contract security.

Participants in this year’s Proof of Pitch can showcase their innovative ideas and gain valuable exposure. Participants have the opportunity to connect with industry experts and potential investors who can help elevate their businesses to the next level. Those who are interested can apply here.

About Proof of Talk

Proof of Talk is setting a new standard in the Web3 conference landscape, positioning itself not just as another web3 conference but as a pivotal forum where the promise of decentralization comes to life. The summit uniquely combines the essence of traditional economic forums with the dynamic, decentralized Web3 community, fostering an innovative ecosystem of dialogue and action. It stands as a platform for change, where every voice, from the seasoned economist to the radical Web3 founder, contributes to a collective vision of a decentralized economic future. By facilitating engaging discussions and unparalleled networking, participants shape this new landscape. Learn more at www.proofoftalk.io

About X Ventures

X Ventures is a Germany-based digital assets investment fund dedicated to supporting and empowering entrepreneurs in the Web3 industry. Alongside its investment activities, X Ventures founded www.xschool.io, aiming to provide accessible education to future leaders worldwide. Website: https://www.xventures.de

 

Contact

Shanna Molina
Cognito
[email protected]

The post Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC appeared first on CoinJournal.

Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC
April 26, 2024 6:41 am

Paris, France, April 25th, 2024, Chainwire

  • Prize pool of over 1M€ value including media grant from Cointelegraph
  • Proof of Pitch is part of Proof of Talk, where All Global Leaders in Web3 Meet
  • 10-11 June 2024, Museum of Decorative Arts (MAD), Louvre Palace, Paris

In a ground-breaking shift from traditional pitch competitions, Proof of Pitch emerges as a transformative platform uniquely combining Artificial Intelligence (AI) insights with the strategic acumen of the world’s leading Web3 venture capitalists. Proof of Pitch participants will showcase their presentation to an exclusive audience of speakers and VCs, including CEOs, founders of leading blockchain companies, and top Web3 VC partners.

Next to the competition’s main sponsor zkSync, distinguished partners and jurors are participating, including Pantera Capital, Borderless Capital, Binance Labs, Greenfield Capital, Arrington Capital, Animoca Brands, Spartan Group, X Ventures, Mechanism Capital and Cointelegraph.

The Proof of Pitch winner will be awarded a first-place grand prize award of 1M€ value in a combination of cash investments by participating VCs, Accelerator services, visibility (such as a 30k media grant from Cointelegraph), and many other value-adding elements.

All participants will also receive a detailed 12-page investment report to understand the strengths and weaknesses of their pitch, outlining strengths to focus on and weaknesses to improve. This is equivalent to a team of analysts spending weeks analyzing the participant’s startup.

Zohair Dehnadi, Co-Founder, Proof of Talk and Partner, X-Ventures: “Unlike conventional pitch competitions, Proof of Pitch enables global businesses and leadership to intelligently tap into the power of Web3, providing valuable and sustainable insights for investors and the startup community at large instead of having just another light-touch startup competition with glittering prizes which ultimately do not add any real business value. Be part of our prestigious Proof of Pitch experience and elevate yourself! See you in June!”

Revolutionizing Startup Evaluation: The AI Advantage

At the heart of Proof of Pitch, a pioneering AI-driven tool is redefining startup assessments, providing deep, nuanced insights at an unprecedented pace. Developed by XVentures through a rigorous, year-long collaboration involving top VCs and data scientists, this AI, known as Pitch Scan LLM tool, can scrutinize a start-up’s business model, conducting thorough due diligence, and evaluate the team behind the idea, market size, and competitive landscape—within minutes rather than weeks. Every participant will be furnished with a detailed 10-page report, with a strategic roadmap for success in the ever-evolving Web3 domain.

Beyond Funding: Prizes That Foster Growth

This initiative is a revolutionary approach aimed at identifying, nurturing, and elevating start-ups set to redefine the innovative horizons of Web3. Winning at Proof of Pitch extends well beyond obtaining financial support. Winners are embraced by a full spectrum of resources, from AI-powered analytics to mentorship by Web3 visionaries, alongside direct introductions to leading venture capitalists. This holistic support system is designed to refine strategies, accelerate growth, and establish market leadership.

Unprecedented Visibility Among the Elite

Gain exclusive exposure by standing among the top 10% of applicants, showcased to a distinguished audience including CEOs, founders of leading blockchain enterprises, and top-tier Web3 venture capitalists. This exposure is more than mere visibility—it’s a golden ticket to captivate the attention of the industry’s elite, secure pivotal investments, and forge transformative connections.

A Vanguard Call to Web3 Innovators

Proof of Pitch calls upon start-ups at the cutting edge of Web3 innovation to dazzle the industry’s titans, venture through the vanguard of technology, and stake a claim in the digital future. This unparalleled opportunity allows participants to showcase their visionary ideas, propel their start-ups forward, and create a lasting impact in the domain of digital innovation.

Proof of Pitch invites those who are interested to dive into this revolutionary journey, an avenue for transcending traditional pitch norms. Navigate through the forefront of Web3 innovation.

Proof of Talk seeks to welcome over 2500 participants. Combined with a stellar speaker line-up featuring CEOs, founders, and leaders of the Web3 and digital assets industry, the summit features impact-focused networking and a refined agenda. A few of the speakers include:

● Joseph Lubin, CEO and Founder at Consensys

● Jenny Johnson, CEO, Franklin Templeton

● Tim Draper, Founder, Draper Associates

● Ophelia Snyder, Cofounder President, 21Shares

● Mihailo Bjelic, Co-Founder, Polygon

● Raoul Pal, Crypto Macro Economist

● Yat Siu, Chairman, Animoca Brands

● Stani Kulechov, CEO, Avara

● Staci Warden, CEO, Algorand Foundation

● Tim Grant, CEO, Deus X Capital

● Digital asset leads from over 30 major TradFi banks

● Partners from 100+ attending VCs

The summit’s agenda also actively reflects Web3’s growing importance, with over 20 panels, 10+ workshops, and over a dozen keynotes and firesides on key topics shaping Web3’s future. These include real-world asset tokenization, AI-blockchain integration, gaming evolution, and smart contract security.

Participants in this year’s Proof of Pitch can showcase their innovative ideas and gain valuable exposure. Participants have the opportunity to connect with industry experts and potential investors who can help elevate their businesses to the next level. Those who are interested can apply here.

About Proof of Talk

Proof of Talk is setting a new standard in the Web3 conference landscape, positioning itself not just as another web3 conference but as a pivotal forum where the promise of decentralization comes to life. The summit uniquely combines the essence of traditional economic forums with the dynamic, decentralized Web3 community, fostering an innovative ecosystem of dialogue and action. It stands as a platform for change, where every voice, from the seasoned economist to the radical Web3 founder, contributes to a collective vision of a decentralized economic future. By facilitating engaging discussions and unparalleled networking, participants shape this new landscape. Learn more at www.proofoftalk.io

About X Ventures

X Ventures is a Germany-based digital assets investment fund dedicated to supporting and empowering entrepreneurs in the Web3 industry. Alongside its investment activities, X Ventures founded www.xschool.io, aiming to provide accessible education to future leaders worldwide. Website: https://www.xventures.de

 

Contact

Shanna Molina
Cognito
[email protected]

The post Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC appeared first on CoinJournal.

Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC
April 26, 2024 6:41 am

Paris, France, April 25th, 2024, Chainwire

  • Prize pool of over 1M€ value including media grant from Cointelegraph
  • Proof of Pitch is part of Proof of Talk, where All Global Leaders in Web3 Meet
  • 10-11 June 2024, Museum of Decorative Arts (MAD), Louvre Palace, Paris

In a ground-breaking shift from traditional pitch competitions, Proof of Pitch emerges as a transformative platform uniquely combining Artificial Intelligence (AI) insights with the strategic acumen of the world’s leading Web3 venture capitalists. Proof of Pitch participants will showcase their presentation to an exclusive audience of speakers and VCs, including CEOs, founders of leading blockchain companies, and top Web3 VC partners.

Next to the competition’s main sponsor zkSync, distinguished partners and jurors are participating, including Pantera Capital, Borderless Capital, Binance Labs, Greenfield Capital, Arrington Capital, Animoca Brands, Spartan Group, X Ventures, Mechanism Capital and Cointelegraph.

The Proof of Pitch winner will be awarded a first-place grand prize award of 1M€ value in a combination of cash investments by participating VCs, Accelerator services, visibility (such as a 30k media grant from Cointelegraph), and many other value-adding elements.

All participants will also receive a detailed 12-page investment report to understand the strengths and weaknesses of their pitch, outlining strengths to focus on and weaknesses to improve. This is equivalent to a team of analysts spending weeks analyzing the participant’s startup.

Zohair Dehnadi, Co-Founder, Proof of Talk and Partner, X-Ventures: “Unlike conventional pitch competitions, Proof of Pitch enables global businesses and leadership to intelligently tap into the power of Web3, providing valuable and sustainable insights for investors and the startup community at large instead of having just another light-touch startup competition with glittering prizes which ultimately do not add any real business value. Be part of our prestigious Proof of Pitch experience and elevate yourself! See you in June!”

Revolutionizing Startup Evaluation: The AI Advantage

At the heart of Proof of Pitch, a pioneering AI-driven tool is redefining startup assessments, providing deep, nuanced insights at an unprecedented pace. Developed by XVentures through a rigorous, year-long collaboration involving top VCs and data scientists, this AI, known as Pitch Scan LLM tool, can scrutinize a start-up’s business model, conducting thorough due diligence, and evaluate the team behind the idea, market size, and competitive landscape—within minutes rather than weeks. Every participant will be furnished with a detailed 10-page report, with a strategic roadmap for success in the ever-evolving Web3 domain.

Beyond Funding: Prizes That Foster Growth

This initiative is a revolutionary approach aimed at identifying, nurturing, and elevating start-ups set to redefine the innovative horizons of Web3. Winning at Proof of Pitch extends well beyond obtaining financial support. Winners are embraced by a full spectrum of resources, from AI-powered analytics to mentorship by Web3 visionaries, alongside direct introductions to leading venture capitalists. This holistic support system is designed to refine strategies, accelerate growth, and establish market leadership.

Unprecedented Visibility Among the Elite

Gain exclusive exposure by standing among the top 10% of applicants, showcased to a distinguished audience including CEOs, founders of leading blockchain enterprises, and top-tier Web3 venture capitalists. This exposure is more than mere visibility—it’s a golden ticket to captivate the attention of the industry’s elite, secure pivotal investments, and forge transformative connections.

A Vanguard Call to Web3 Innovators

Proof of Pitch calls upon start-ups at the cutting edge of Web3 innovation to dazzle the industry’s titans, venture through the vanguard of technology, and stake a claim in the digital future. This unparalleled opportunity allows participants to showcase their visionary ideas, propel their start-ups forward, and create a lasting impact in the domain of digital innovation.

Proof of Pitch invites those who are interested to dive into this revolutionary journey, an avenue for transcending traditional pitch norms. Navigate through the forefront of Web3 innovation.

Proof of Talk seeks to welcome over 2500 participants. Combined with a stellar speaker line-up featuring CEOs, founders, and leaders of the Web3 and digital assets industry, the summit features impact-focused networking and a refined agenda. A few of the speakers include:

● Joseph Lubin, CEO and Founder at Consensys

● Jenny Johnson, CEO, Franklin Templeton

● Tim Draper, Founder, Draper Associates

● Ophelia Snyder, Cofounder President, 21Shares

● Mihailo Bjelic, Co-Founder, Polygon

● Raoul Pal, Crypto Macro Economist

● Yat Siu, Chairman, Animoca Brands

● Stani Kulechov, CEO, Avara

● Staci Warden, CEO, Algorand Foundation

● Tim Grant, CEO, Deus X Capital

● Digital asset leads from over 30 major TradFi banks

● Partners from 100+ attending VCs

The summit’s agenda also actively reflects Web3’s growing importance, with over 20 panels, 10+ workshops, and over a dozen keynotes and firesides on key topics shaping Web3’s future. These include real-world asset tokenization, AI-blockchain integration, gaming evolution, and smart contract security.

Participants in this year’s Proof of Pitch can showcase their innovative ideas and gain valuable exposure. Participants have the opportunity to connect with industry experts and potential investors who can help elevate their businesses to the next level. Those who are interested can apply here.

About Proof of Talk

Proof of Talk is setting a new standard in the Web3 conference landscape, positioning itself not just as another web3 conference but as a pivotal forum where the promise of decentralization comes to life. The summit uniquely combines the essence of traditional economic forums with the dynamic, decentralized Web3 community, fostering an innovative ecosystem of dialogue and action. It stands as a platform for change, where every voice, from the seasoned economist to the radical Web3 founder, contributes to a collective vision of a decentralized economic future. By facilitating engaging discussions and unparalleled networking, participants shape this new landscape. Learn more at www.proofoftalk.io

About X Ventures

X Ventures is a Germany-based digital assets investment fund dedicated to supporting and empowering entrepreneurs in the Web3 industry. Alongside its investment activities, X Ventures founded www.xschool.io, aiming to provide accessible education to future leaders worldwide. Website: https://www.xventures.de

 

Contact

Shanna Molina
Cognito
[email protected]

The post Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC appeared first on CoinJournal.

Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC
April 26, 2024 6:41 am

Paris, France, April 25th, 2024, Chainwire

  • Prize pool of over 1M€ value including media grant from Cointelegraph
  • Proof of Pitch is part of Proof of Talk, where All Global Leaders in Web3 Meet
  • 10-11 June 2024, Museum of Decorative Arts (MAD), Louvre Palace, Paris

In a ground-breaking shift from traditional pitch competitions, Proof of Pitch emerges as a transformative platform uniquely combining Artificial Intelligence (AI) insights with the strategic acumen of the world’s leading Web3 venture capitalists. Proof of Pitch participants will showcase their presentation to an exclusive audience of speakers and VCs, including CEOs, founders of leading blockchain companies, and top Web3 VC partners.

Next to the competition’s main sponsor zkSync, distinguished partners and jurors are participating, including Pantera Capital, Borderless Capital, Binance Labs, Greenfield Capital, Arrington Capital, Animoca Brands, Spartan Group, X Ventures, Mechanism Capital and Cointelegraph.

The Proof of Pitch winner will be awarded a first-place grand prize award of 1M€ value in a combination of cash investments by participating VCs, Accelerator services, visibility (such as a 30k media grant from Cointelegraph), and many other value-adding elements.

All participants will also receive a detailed 12-page investment report to understand the strengths and weaknesses of their pitch, outlining strengths to focus on and weaknesses to improve. This is equivalent to a team of analysts spending weeks analyzing the participant’s startup.

Zohair Dehnadi, Co-Founder, Proof of Talk and Partner, X-Ventures: “Unlike conventional pitch competitions, Proof of Pitch enables global businesses and leadership to intelligently tap into the power of Web3, providing valuable and sustainable insights for investors and the startup community at large instead of having just another light-touch startup competition with glittering prizes which ultimately do not add any real business value. Be part of our prestigious Proof of Pitch experience and elevate yourself! See you in June!”

Revolutionizing Startup Evaluation: The AI Advantage

At the heart of Proof of Pitch, a pioneering AI-driven tool is redefining startup assessments, providing deep, nuanced insights at an unprecedented pace. Developed by XVentures through a rigorous, year-long collaboration involving top VCs and data scientists, this AI, known as Pitch Scan LLM tool, can scrutinize a start-up’s business model, conducting thorough due diligence, and evaluate the team behind the idea, market size, and competitive landscape—within minutes rather than weeks. Every participant will be furnished with a detailed 10-page report, with a strategic roadmap for success in the ever-evolving Web3 domain.

Beyond Funding: Prizes That Foster Growth

This initiative is a revolutionary approach aimed at identifying, nurturing, and elevating start-ups set to redefine the innovative horizons of Web3. Winning at Proof of Pitch extends well beyond obtaining financial support. Winners are embraced by a full spectrum of resources, from AI-powered analytics to mentorship by Web3 visionaries, alongside direct introductions to leading venture capitalists. This holistic support system is designed to refine strategies, accelerate growth, and establish market leadership.

Unprecedented Visibility Among the Elite

Gain exclusive exposure by standing among the top 10% of applicants, showcased to a distinguished audience including CEOs, founders of leading blockchain enterprises, and top-tier Web3 venture capitalists. This exposure is more than mere visibility—it’s a golden ticket to captivate the attention of the industry’s elite, secure pivotal investments, and forge transformative connections.

A Vanguard Call to Web3 Innovators

Proof of Pitch calls upon start-ups at the cutting edge of Web3 innovation to dazzle the industry’s titans, venture through the vanguard of technology, and stake a claim in the digital future. This unparalleled opportunity allows participants to showcase their visionary ideas, propel their start-ups forward, and create a lasting impact in the domain of digital innovation.

Proof of Pitch invites those who are interested to dive into this revolutionary journey, an avenue for transcending traditional pitch norms. Navigate through the forefront of Web3 innovation.

Proof of Talk seeks to welcome over 2500 participants. Combined with a stellar speaker line-up featuring CEOs, founders, and leaders of the Web3 and digital assets industry, the summit features impact-focused networking and a refined agenda. A few of the speakers include:

● Joseph Lubin, CEO and Founder at Consensys

● Jenny Johnson, CEO, Franklin Templeton

● Tim Draper, Founder, Draper Associates

● Ophelia Snyder, Cofounder President, 21Shares

● Mihailo Bjelic, Co-Founder, Polygon

● Raoul Pal, Crypto Macro Economist

● Yat Siu, Chairman, Animoca Brands

● Stani Kulechov, CEO, Avara

● Staci Warden, CEO, Algorand Foundation

● Tim Grant, CEO, Deus X Capital

● Digital asset leads from over 30 major TradFi banks

● Partners from 100+ attending VCs

The summit’s agenda also actively reflects Web3’s growing importance, with over 20 panels, 10+ workshops, and over a dozen keynotes and firesides on key topics shaping Web3’s future. These include real-world asset tokenization, AI-blockchain integration, gaming evolution, and smart contract security.

Participants in this year’s Proof of Pitch can showcase their innovative ideas and gain valuable exposure. Participants have the opportunity to connect with industry experts and potential investors who can help elevate their businesses to the next level. Those who are interested can apply here.

About Proof of Talk

Proof of Talk is setting a new standard in the Web3 conference landscape, positioning itself not just as another web3 conference but as a pivotal forum where the promise of decentralization comes to life. The summit uniquely combines the essence of traditional economic forums with the dynamic, decentralized Web3 community, fostering an innovative ecosystem of dialogue and action. It stands as a platform for change, where every voice, from the seasoned economist to the radical Web3 founder, contributes to a collective vision of a decentralized economic future. By facilitating engaging discussions and unparalleled networking, participants shape this new landscape. Learn more at www.proofoftalk.io

About X Ventures

X Ventures is a Germany-based digital assets investment fund dedicated to supporting and empowering entrepreneurs in the Web3 industry. Alongside its investment activities, X Ventures founded www.xschool.io, aiming to provide accessible education to future leaders worldwide. Website: https://www.xventures.de

 

Contact

Shanna Molina
Cognito
[email protected]

The post Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC appeared first on CoinJournal.

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