Shortlist of the first selected teams of Substrate Entrepreneurship Camp

PolkaWorld
4 min readApr 7, 2021

The first batch of shortlisted candidates for Substrate Entrepreneurship Camp is now available!

As Gavin said, “ We need to pick out the wheat from a bunch of chaffs and try to identify those high-quality, creative teams and products ”. 6 teams stood out from 139 applicants and were selected for the Substrate Entrepreneurship Camp. The Substrate Entrepreneurship Camp will provide comprehensive support in terms of strategy, technology, operations, and financing.

The purpose of Substrate Entrepreneurship Camp is to help teams who want to join the Polkadot ecology to start a project from 0 to 1. The first phase of the entrepreneurial camp lasts for 3 months. We believe that as the Polkadot ecosystem matures, the next generation of blockchain applications will be born.

Here are the teams:

Canyon

Canyon builds a permanent storage network based on the Substrate framework, which records the file hash value on the chain and stores the file data distributed in the network. It adopts the PoS consensus and the probabilistic storage proof scheme inspired by the Arweave PoA consensus to encourage miners to do their best. It is possible to store more data to obtain block rewards. There is no need for complex and high hardware threshold zero-knowledge proofs. There are no specific hardware requirements. It can be used as middleware of the new storage computing paradigm to provide permanent storage services to help realize the unlimited extension of blockchain.

everFinance

everFinance aims to provide everyone with decentralized financial services without boundaries of time and space. Its goal is to improve user experience, lower development barriers, and provide decentralized and credible financial applications for everyone. With the genes of the storage computing paradigm, you can build decentralized applications that are close to the traditional Internet experience. The everPay that has been launched is an easy-to-use blockchain solution and application protocol that provides users with a payment and settlement experience close to the Internet under the premise of ensuring credibility.

Platdot

By establishing a cross-chain bridge, Platdot has achieved an effective fit between PlatON and Polkadot ecological needs, reshaped the asset transaction circulation and value conversion between Platon and Polkadot ecosystems, improved cross-chain information interaction and asset transaction efficiency and security. Effectively solve the value island effect in the blockchain ecology, ultimately optimize the user experience, and better support the development of the digital economy.

Crafting Protocol

Crafting Protocol is a synthetic asset issuance protocol and synthetic asset trading platform, with Universal Market Access as the main purpose, to achieve Universal Unlimited Liquidity. Users can issue simple synthetic assets synth and business synthetic assets synuma through mortgages, and establish a shared debt pool to provide liquidity. The changes in synuma’s liabilities in the same debt pool can be jointly controlled by oracles and business contracts. In addition, the mortgage pool model does not require counterparties, which perfectly solves the problems of DEX liquidity and transaction depth.

Doris Protocol

Doris Protocol is a decentralized application retrieval and trading market protocol based on the Substrate framework. The purpose is to provide users with a safe, efficient, and decentralized data storage and data transaction service platform.

Doris Protocol uses Polkadot’s multi-chain bridging function to open up Polkadot and the Filecoin ecosystem, enabling Filecoin miners to provide a large number of real data sources from the Polkadot ecosystem, and also provide users with a decentralized service cloud disk and data trading market. Doris Protocol is built on the basis of DC token, which is a homogeneous, non-inflationary functional token. At the same time, on the Doris platform, every piece of data uploaded by users to the platform will be packaged into an NFT token. With this as a guarantee, its data will be the only existence. In this way, users’ copyrights are not infringed, and each piece of data can be priced. At the same time, the team has built multiple miner nodes for Doris Protocol. While using Polkadot’s powerful security and multi-chain functions to provide users with strong security and a good user experience, it can also make user data more secure.

Coming

Coming is a private communication software with an encrypted asset transfer function. Its privacy communication module is based on the end-to-end encryption protocol Signal, which continuously changes the shared key in communication by combining asymmetric encryption and ratcheting progressive algorithms, so as to realize that the ciphertexts transmitted in the network are all independently encrypted. And its encrypted asset transfer function is to construct the Coming account system by introducing public and private key pairs, and interoperate the Signal protocol with the Substrate framework so that Coming users can easily interact with the blockchain ecology and realize functions such as encrypted currency transfer.

Learn more about:

Substrate Entrepreneur Camp(https://polkaworld.group/en/substratecamp/), which is to help the birth and growth of Polkadot’s eco innovative products.

PolkaWorld Interview Program(https://polkaworld.medium.com/polkaworld-interview-program-94d3be53ea94), aiming to help Polkadot community projects to be better heard in China.

About PolkaWorld

PolkaWorld is Polkadot’s Chinese community. We have gathered more than 30,000 Polkadot fans. It is the world’s largest Polkadot Chinese community and the only community that has received the Web3 Foundation Grant. PolkaWorld is committed to popularizing Polkadot technical knowledge, training Substrate developers, and supporting Polkadot ecological entrepreneurs, thereby promoting the development of China’s Web3.0 ecology.

Follow us on Twitter:@polkaworld_org

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