The UNICEF Innovation Fund is looking to make $50-90K equity-free investments to provide early stage (seed) finance to for-profit  technology start-ups that have the potential to benefit humanity.

If you’ve got a start-up registered in one of UNICEF’s programme countries and have a working, open source prototype (or you are willing to make it open-source) showing promising results, the UNICEF Innovation Fund is looking for you.

Who we’re looking for?

We are currently looking to invest in a group of companies developing software solutions on open blockchains. Examples of these include, but are not limited to:

Smart Contracts 

  • Using smart contracts to replicate and improve on existing organizational mechanisms
  • Efficiencies, transparencies, and accountabilities in contractual engagements (i.e. multi-sig contracts that guarantee certain actors were involved)
  • Transparency in distribution of resources (can we better show where our money is going?)
  • Interactions across groups (what would a SWIFT code for development look like, if described in Solidity?)
  • Increasing access and use of tokenized systems by creating more user friendly and more secure interfaces

Analyzing data

  • Using machine learning to understand the activities on public blockchains.
  • Can we develop unicity from transactions on public blockchains?
  • Could we use crypto-flows to help organizations  and governments do and understand their transactions more efficiently? Can we use blockchain data to solve humanitarian challenges? (i.e. using bitcoin data to fight human trafficking)

Tokens

  • Can crypto tokens work to incentivize or support behavior that benefits humanity?
  • How could we connect various tokens to each other to maximize human potential?
  • How could we utilize digital scarcity, non-fungible tokens, or digital collectibles for social good?

Mining

  • Can we use passive distributed mining networks to create investment funding opportunities for the UNICEF Venture Fund? (more on cryptocurrency mining)

And + Our funding is not necessarily limited to the above. We are interested in companies that use distributed ledger tech in new, groundbreaking, ways that are scalable, and globally applicable. If you are aligned with our general criteria, we want to hear from you.

Dateline for submission: February 28th, 2018

Source: UNICEF

Illustration Photo: Cryptocurrency (CC0 Creative Commons from Pixabay.com)

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