Extreme Tech Challenge (XTC) has announced that an unprecedented number of applicants has inspired XTC 2018 to extend the submission deadline to August 31, 2017, inviting even more companies to join the race to Sir Richard Branson’s Necker Island.
Previous installments of XTC have featured high-caliber judges including Sir Richard Branson, Bill Tai, Tom Siebel, Jim Breyer, Steph Hannon and Theresia Gouw. As such it has proven itself a good venue for blockchain startups to get VC backing.
It was recently revealed that Bill Tai joined the board of advisors of Australian blockchain-powered peer-to-peer renewable marketplace Power Ledger, and became an ambassador for the company after seeing it at Necker Island. The Silicon Valley-based venture capitalist is a board director at Bitcoin blockchain transactions processing giant BitFury.
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Branson himself is also no stranger to the blockchain and bitcoin space. His Virgin Group is one of the big investors in the London-based Bitcoin wallet service provider and technology developer Blockchain.
Previous installments of XTC have also showcased innovations from the genomics, robotics, health and wellness, transportation, virtual reality and cannabis sectors, ultimately opening a global platform for these new industries to enter the public realm.
Following the close of applications, XTC 2018 will take place across four key events, beginning in San Francisco and ending with the finals on Necker Island early next year. Invaluable opportunities await contestants at every level of competition, with each round bringing contestants critical exposure to a singular audience and community of tech and business stakeholders.