This hackathon is more of a virtual accelerator
cryptocoinsnews.com
cryptocoinsnews.com
"One team, for example, wants to free academic knowledge by implementing a token and blockchain-based publishing system to replace academic journals: A distributed publication platform build on Ethereum and IPFS could incentivize post-publication peer review, reduce the lag between work written and read, and save the taxpayer billions by reducing library subscription fees."
"let's build a microfinance platform that provides to poor people a micro investement to help them to make their own business. it help to creat a partenership between the financier (the investor) and the other partner (the requester or working partner) who manages the financier’s investment.
The investors provide the money to the requester against an agreed portion of the profit that the second partner will make by investing the money. Both parties agree in advance to a profit sharing relationship and the timeline of the project. No guaranteed return, any losses would be borne by investors.
Profits generated by the enterprise are divided between the hub and the requester in accordance with the profit sharing ratios set out in the Agreement"