In the Maasai Mara, landowners, wildlife, and tourism depend on one another for survival. The impact of COVID-19 has brought tourism to a standstill, jeopardising the revenue previously realised, and threatening to bring the ecosystem down.
Teams are expected to build decentralised finance solutions that can serve anyone, anywhere, no matter how remote. This includes serving areas of low internet penetration and low smartphone adoption. The solution must offer transparency to all relevant stakeholders, confirmation of payment and identity, and must adhere to best practices including KYC/AML policies.
Please note this is not a machine learning hackathon, it is the first phase of a larger hackathon hosted by Mara.
What to build
Decentralized Finance (DeFi) applications are built on top of blockchain platforms, and aim to provide financial services that are typically provided by centralised institutions such as banks, lenders, or insurance companies. You should build applications that ensure parties in the Maasai Mara ecosystem can have visibility into the disbursement process and ensure the intended beneficiaries are credited.
About Mara
Mara through its foundation is the port of entry for blockchain capacity building in Africa. We want to impact one billion lives in five years and focus on the return on impact by empowering organizations, youth, communities, marginalized populations, and problem-solvers to build blockchain solutions to promote long-term beneficial social and environmental change in Africa.
Evaluation
Note that there are no leaderboard scores for this competition, as evaluations will be completed by a panel of judges.
Judging Criteria
- Originality – 20 %
- Innovation – 25 %
- Analytical Skills – 10 %
- Strategic Thinking – 15 %
- Practical Implementation – 30 %
Prizes
- 1st, 2nd, and 3rd place winners stand a chance to win both cash and in-kind prizes
- $100,000 in prizes (cash in USDC, and in-kind)
- Acceptance into Antler’s Nairobi incubation program
- Access to follow-up funding from Mara and partners
- Mentorship from Mara and partners
Interested? Apply here!
Africa Money and DeFi Summit
The Africa Money & DeFi Summit will connect African fintech, payments & crypto leaders, global platforms and thought leaders on the new opportunities in Decentralized Finance (DeFi) in Accra Ghana on September 27th & 28th 2022. An array of keynotes, panels and breakout sessions will deliver key insights and offer opportunities to connect, network and do business across the African fintech and DeFi landscapes. Register today
