A competition organized by PyratzLabs to empower impactful founders.
Purpose
If you are a student and a Web 3 enthusiast, join our crew of Pyratz. We can help you bootstrap your idea all the way to a product launch.
Competition
PER YEAR
Duration
MONTHS
Sectors
Milestones
SATURDAYS
On Saturdays, guest lectures will help Pyratz navigate important and interesting topics. On a few occasions we will be organizing highly valuable workshops aimed at helping Pyratz gain a clear view of the path they which to take. In other words, Saturdays are for working and exploring new territories !
SUNDAYS
For Pyratz that have lost their way navigating the seas, sundays are a chance for them to get one on one guidance regarding every aspect of their journey and get back on the right treasure path. Pyratz will have to book time-slots with the mentor of their choice. Physical workstations will be available for Pyratz seeking to conduct meetings in Paris.
FRIDAYS
Fridays constitute a chance for Pyratz to pitch their ideas in front of everyone, get some Friendly feedback, have a drink (or many) with fellow Pyratz and mentors.
Consider this day an opportunity for Pyratz to have some fun while networking and collecting insights on their projects. We will also be serving dinner of course !
• Kick off ceremony
• Presentation
• Team building
• Market Analysis
• Research
• Exploration
• Blockchain & Tech
• Product design
• Experience
• Entrepreneurs
• Business planning
• Financial modeling
Award Ceremony
&
Company creation
OBJECTIVES
Gain a clear understanding of the competition’s expectations and evaluation criteria.
Create viable groups with participants from different backgrounds and personalities.
Divide Pyratz in groups depending on their areas of interest/personality traits.
ACTIVITIES
Roadmap and Jury presentation.
Mentors’ presentations.
Networking games/Speed dating.
Present the different topic areas and potential projects.
EXPECTATION
Maximize synergies between team members with different areas of expertise.
Define the subjects that groups will work on during the competition.
Define competition rules/guidelines and expected deliverables.
OBJECTIVES
Explore market trends and blockchain use cases per industry
Attempt a first pitch
Set a working strategy, define the customer persona and the conceptual solution
ACTIVITIES
Preliminary pitch session based on the vision and offering
Design thinking workshops to define the customer persona and conceptual solution
Q&A and networking with industry experts.
EXPECTATION
Gain a clear idea of the market and customers to target.
Gain a clear understanding of the current Blockchain trends and areas where value can be created.
Define technical needs and constraints. Set deadlines and gain a clear vision of the desired outcome.
OBJECTIVES
Lay down the technical needs and conduct a feasibility assessment.
Expand Pyratz understanding of the blockchain network.
Explore different topics related to Wallets, Digital signatures, NFTs, NFAs, Smart contracts, DeFi etc.
ACTIVITIES
Intermediary technical pitch session.
Guest lectures from technical experts.
Interactive coding workshop using PyMich and SPOOL for teams that wish to make use of these tools.
EXPECTATION
Gain a clear view of the technical challenges.
Begin experimenting with a prototype of the deliverable.
Leave the meet-up with better knowledge and greater technical competences.
OBJECTIVES
Define the responsibilities/obstacles new entrepreneurs will face, and how to set up a successful company.
Define the financial aspects of running a company as well as a viable Business plan.
ACTIVITIES
Guest Lectures, Q&A and networking session with successful entrepreneurs.
Business Plan pitch based on Strategy and Financing
Business Model Canva workshop
EXPECTATION
Gain a better understanding of the tasks/responsibilities of an entrepreneur.
Gain valuable insights in the following subjects: Product-Market fit, Raising capital, Importance of networking, Leadership, Branding, Pitching, Why ventures fail, etc.
OBJECTIVES
Expose Pyratz to as many Angel Investors as possible.
Conduct a final trial pitch
Make final modifications before final submission
Define the winning criteria and explain what will happen next for the winning teams.
ACTIVITIES
Guest presentations from Angel investors.
Trial presentations on Friday.
Final submission on Friday, Final presentation on Saturday
Jury deliberation and announcement of the winning teams.
EXPECTATION
Having won or lost, Pyratz leave the ceremony with the ambition of starting their own venture.
Begin co-founding process with the winning teams.
Define the next steps (fundraising, token sale, fix consulting hours etc.)
The Deal
The winning team will be awarded an investment of €200k to kickstart their venture. The deliverables may take the following forms : Whitepaper, Pitch Deck, Website, Proof of Concept etc.
Upon completion of the 4 sprints, winners will be asked to create a new company under French law. PyratzLabs will co-found the company with them in return for 7% Equity (Legal work will be offered by EQUISAFE)
Associated with that, will be structured a €200k SAFE capped 3M and will convert at series A. Business angels that are part of the jury will be able to use this tool to follow the round.
Equity
Deliverables
- Whitepaper
- Pitch Deck
- Website
- POC
- Roadmap
- Business Plan
Investment SAFE
(Including 100K€ of PyratzLabs ressources)
(Cap 3M, and will convert at series A)
50% of the invested amount (€ 100K) must be used within PyratzLabs' resources.
Apart from receiving an investment, winners will be offered 3 years of Equisafe software and will benefit from ongoing support from PyratzLabs including workshops, networking and guidance throughout the entire life of their newly created venture.
Guidance
Workshop
Financial
Legal
Target Profiles
We are looking for curious entrepreneurial minds with a strong appetite for innovation and technology.
Teams of multidisciplinary Pyratz will be formed…
Value Proposition
Funding as a Primary Objective
Consider this as an investment to help you kickstart your venture and pay for your expenses from day one.
However, our mission does not end there.
Pyracy is a collective movement
More than a Treasure
A lifelong alliance
An extensive team of Pyratz
So expect the best
If you were asking yourself why PyratzLabs and not any other incubator/VC, you should have gotten your answer by now. We are devoted to creating the safest environment for startups to thrive and help us propagate our Pyratz ideology to the four corners of the seas and eventually transform our world into “the Pyraverse”.
Judges and Mentors
The Jury will consist of entrepreneurs, angel investors, industry experts, tech professionals and more.
A team of mentors with different areas of expertise will provide assistance for Pyratz along the competition.
Ivan de Lastours
Cécile Treboit
Hadrien Zerah
Philippe Rodriguez
Bluenne Chaye
Bilal El Alamy
Maxime Sarthet
Thomas Binetruy
Sponsor Partners
A big thank you to all the strong organization supporting this Hackathon !
