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Block Dojo Graduates Introduce Their Products and Share Their Successes and Future Plans

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Release: 2024-09-12 15:30:12
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At the London Blockchain Conference 2024, some of the most innovative companies from the Block Dojo took to the stage to introduce their products

Block Dojo Graduates Introduce Their Products and Share Their Successes and Future Plans

At the London Blockchain Conference 2024, two Block Dojo graduate companies took to the CoinGeek Backstage stage to introduce their products to the audience and share their successes and future plans.

Here’s a look at what they had to say:

BizCrunch: Entrepreneurship through acquisition

In the world of startups, mergers and acquisitions are regular, and there are plenty of tools and resources to assist both the sellers and the buyers in getting the best value. However, in the business world, entrepreneurs are stuck with outdated tools and end up losing out on massive value when selling their brick-and-mortar businesses.

Alfie Lambert, a Block Dojo graduate, is out to change this with BizCrunch. The company “is all about entrepreneurship through acquisition. It’s helping people in the United Kingdom buy and sell existing legacy businesses.”

Lambert noted that the U.K. has an aging population, and with millions approaching retirement, they need a solution that allows them to sell their businesses at the right value and to buyers who align with their values. According to a study by the U.K. Parliament, there are nearly 13 million people aged 65 or over in the country, accounting for 20% of the population.

“We’re trying to help them sell those businesses and get the best price possible for them, so they can go into retirement comfortably and happily,” he said.

BizCrunch participated in the Dojo in 2023, and reflecting the demand and quality of its services, it completed its first funding round even before graduating from the 12-week program.

“We launched the first version of our platform in October 2023, and we’re now generating revenue,” Lambert stated. The company also recently signed a deal with the most prominent mergers and acquisitions course provider in the U.K. to teach new people how to use its product.

“We’re growing really fast, and we’re in a really good place right now,” Lambert said proudly.

Lambert also shared some of BizCrunch’s future plans, which include introducing tokenization on the platform to expand the target market, reduce buyers’ risk and ease sellers’ processes.

“The long-term goal for us is to bring business assets onto the blockchain, allowing for the tokenization of businesses,” he explained. “We believe that kind of fractionalization will allow for the atomic swapping of assets, which will make it much more efficient and help with cross-border M&A as well.”

TravelVRse: Experience-guided travelling

The travel and tourism industry is one of the world’s largest, representing 9% of global gross domestic product (GDP) at nearly $10 trillion and employing 330 million people. It’s this prime industry that Alex Hurd is targeting with TravelVRse, a platform that offers unique experiences to travelers through its Play Before You Stay Platform.

“We’re working with luxury hotels, building them the first direct booking platform based on experiences. [Users get to] try out experiences within the hotel—might be wellness, yoga, spa—and also whatever’s interesting to do in the local area,” Hurd told CoinGeek Backstage.

TravelVRse graduated from the Dojo last year. Since then, it has signed up luxury hotels in San Diego and is set to launch its beta version this year. It will include a treasure hunt in The US GRANT hotel in San Diego.

“You can go in, explore the hotel, take part in their activities and complete gamified challenges. If you complete these challenges and find their secret speakeasy, you earn a discount on your stay,” Hurd said.

TravelVRse is a B2B platform whose solution is integrated into the hotel’s website. Users get to explore the hotel before they book in a virtual gaming environment on any device.

“We’re really excited about the launch and what that’s going to bring to the travel industry. We’re hoping to revolutionize the way people book hotels,” Hurd concluded.

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