Ivy Dang of CityonChain was among those to have the opportunity to pitch their projects at the Bitcoin Association’s inaugural Pitch Day in Seoul. Held at the CoinGeek Conference back in October, the Pitch Day event saw selected Bitcoin SV-powered startups at various stages of their development cycle pitch their ideas to investors and stakeholders in the hope of securing support.
In her presentation, Dang explained the concept behind CityonChain, as a platform designed to act as a bridge between the on-chain world and the offline environment.
CityonChain is effectively an information hub based around global cities. Its vision is for a platform community around city nodes, where localized information and messaging can be exchanged, as well as a range of other functions developed on BSV.
She explained the company’s tag line: build your city, build with BSV. With CityonChain, every city is a local information hub, bringing together those offering information with users. The platform allows for data to be more effectively monetized, and allows users to more directly reward the most relevant, high quality sources of the information they require.
Dang said the platform also serves as a merchant platform connecting buyers and sellers, using the city concept as a node to connect the off-chain world to the BSV blockchain.
While the platform is currently used by the BSV community, Dang said they had their sights on a more mainstream audience, with plans to attract everyday Internet users to CityonChain over time as the concept grows.
The pitch was well received by investors, with the concept demonstrating how BSV can be used in a practical application for sharing data, based around individual city nodes.
CityonChain was one of a number of BSV companies that had the opportunity to pitch on the day, with more events scheduled in the coming months. The next Bitcoin Association Pitch Day event is scheduled for the CoinGeek Conference in London in February 2020. Applications from companies wishing to pitch at the event are now open.
Do you have a Bitcoin idea? Is it ready for the next step? We’re looking to invest in Bitcoin companies to bring them to the next level. Check out this series, Bitcoin Ventures, to learn more about the importance of demo days as well as get some tips on how to pitch your project and secure financing.
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