Free TON

Selection of 5 startups from each country of the Free Ton community

Short description: **Selection of 5 startups from each country of the Free Ton community.
Type: Selection of 5 startups from each country of the Free Ton community. 5 startups from each country will be selected for further implementation. The project must use Free Ton within its project.

Approximately 50 startups will be approved, 5 startups from 1 country

The choice of a Startup is made by all members of the Free Ton community registered before the date of publication of this competition.

Contest period:

Application period 23/11/2020 - 5/12/2020.

Stage 1. Evaluation of projects 5/12/2020-10/12/2020

Stage 2.Presentation of projects by participants in Zoom (speech) 20/12/2020

Stage 3. Creation of MVP before 30/04/2021

Stage 4. Implementation and use by users 30/08/2021 (at least 3000 users).

Primary requirements: Startup details should include:
• Description of the startup project
• Indication of stages taking into account the competition
• Name and contact information of the participant for communication (login in Telegram, e-mail) Your job and proposed solution should be:
• If you have more than one idea, you can submit more than one proposal (see Notes to the Procedure below);
• Remember the features and purposes of FreeTON; Its elements should not contradict each other and the FreeTON Declaration on Decentralization;
• Modern. Take inspiration from market best practices and provide examples.

Artifacts

  • PDF describing the proposed scheme.

Soft criteria

  • Detailed and easily understandable charts explaining the business process;
  • Brevity;
  • Mostly everyday English to facilitate understanding;
  • Readiness to participate in the implementation of the standard in the next stage.

It is planned that the costs will be distributed as follows:
1 startup ……………………….… 20,000 TONs for each of the selected startups.
The distribution is as follows
Stage 1. When passing the jury’s assessment before 10.12.2020 - 1000 Ton
Stage 2.Presentation of projects in participants in Zoom (performance) until 12/20/2020 - 2000 Ton
Stage 3. Creation of MVP until 30.04.2021 -7000 Ton
Stage 4. Implementation and use by users 30.08.2020 (at least 3000 users) - 10000 Ton

Total cost of costs 50 startups x 20,000 Free Ton = 1,000,000Ton

Jury rewards:

An amount equal to 5% (50 000) of the sum of all actually issued tokens will be evenly distributed among all users who voted. 1% to the author to ensure supervision of all proposed projects

If accepted, multisig wallet address for tokens (1%) :

0: 5e1fa334ea2c1e4100ab4695f09c34e29d99ed9e8a1266f4252a6e6ac40713f5

1 Like

3 и 4 этап уже прошел?)

1 Like

thanks, corrected)))

Free TON isn’t a VC fund🤔

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it is the rapid implementation of mass adoption. Also they are direct users of Free Ton.