Consensus Pitchfest: A Gateway for Innovation in Web3 and Blockchain

CoinDesk’s annual conference, Consensus, is once again buzzing with excitement as startups from around the world gather for the highly anticipated Pitchfest. This year, the focus is on bringing together startups and investors in a dedicated startup village, showcasing the latest innovations in Web3 and blockchain technology.

What to Expect

Over the course of two days, 40 teams will pitch their ideas to leading VCs, with a grand finale happening on May 31. The startups will cover a wide range of categories including Web3 and blockchain infrastructure, open payment and exchange systems, AI/blockchain interface, NFTs, digital identity, decentralized IoT networks, and organizational governance for DAOs.

Global Representation

This year’s Pitchfest is truly a global affair, with startups from countries like India, Singapore, Nepal, Hong Kong, Argentina, and Azerbaijan showcasing their innovative solutions. The diversity of ideas and backgrounds promises to make this year’s competition even more exciting.

Judges and Prizes

The panel of judges for Pitchfest includes industry experts like Meltem Demirors, Soona Amhaz, David Pakman, Bill Tai, and representatives from top VC firms. The winning startup will receive exposure across CoinDesk’s platforms, one-on-one sessions with Google Cloud’s Web3 product leaders, and VIP passes to Consensus 2025.

Past Winners

Last year’s winner, Rise, focused on making crypto accessible to the unbanked, while Givepact took the top prize in the inaugural Pitchfest at Consensus. With such a strong track record of success, the bar is set high for this year’s entrants.

Effect on Individuals

For individuals, the Consensus Pitchfest presents a unique opportunity to witness cutting-edge innovations in Web3 and blockchain firsthand. The exposure to top VCs and industry leaders can open doors for networking, partnerships, and potential investment opportunities.

Effect on the World

The innovations showcased at the Pitchfest have the potential to revolutionize industries and reshape the way we think about technology. From decentralized finance to AI/blockchain interfaces, the startups at Consensus are at the forefront of driving global change and pushing the boundaries of what is possible in the world of Web3 and blockchain.

Conclusion

Consensus Pitchfest is more than just a competition – it’s a platform for driving innovation, fostering collaboration, and shaping the future of technology. The startups participating in this year’s event are poised to make a lasting impact on the industry and pave the way for a more decentralized and interconnected world.