Hi All,
Last year was a super busy one. Now I am having some more time to share some of the amazing accomplishments of last season.
This post will be dedicated to the hackathon with the community and the Brazilian government for the tokenization of the federal assets in an unprecedented way. It may be worth your time reading, if you are curious about how web3 can increase transparency and possibilities in federal public assets in benefit of accountability and the citizens.
For context purposes, Brazil is an advanced country crypto-wise - from legislation to adoption and use cases, to community and builders. There are different posts/comments here addressing the accomplishments of the Brazilian community and some particularities of the market. On a government level specifically, so Brazil had mainly explored Web3 use cases trough the Central Bank and the Securities Exchange Commission and the National Development Bank.
The Ministry of Economics for that matter had not yet explored with Web3, neither other prominent hackathon partners such as SEPRO (the Government IT Company), ENAP (the National School for Public Administration) and Flacso (LatinAmerican School for Social Studies). SPU, the secretariat within the Ministry of Economics and responsible for the Patrimony of the Union is 168 years old, while the Republic of Brazil is only 200. Meaning: this was an innovative approach undertaken by one of the oldest structures of the 5th largest nation in the world.
An opportunity emerged to host an open source education marathon, to explore in the intersection of web3 and real world use cases for crypto with a sweet REFI angle. Brazil has over USD400bi in public owned assets including buildings, forests, indigenous land, rivers, ocean and beaches, and an advanced innovation policy. Thus, the hackathon objective was to explore with web3 possible solutions to legal obligations pertaining the 1) registry of assets; 2) use (e.g. selling/legal tenders/loans); 3) compliance and reporting. The challenge was named: “Hackathon Web3 - Tokenizing Public Assets”.
Why is this relevant for Brazilians:
- public assets are goods the state takes care but ultimately “belong” to the people. Having more transparency, accountability and innovation regarding some of our most valuable resources seem like a must and an excellent area for web3 exploring.
- it was the first time such different partners gathered to learn and work side by side with the civil society to think about problems and BUILD together. Its a paradigm shift on how public state goods can benefit from a different approach to problem solving.
- It was during the world cup and 25+ projects were delivered. This means a lot.
Why (if) this is relevant for Web3: I have my opinion but would love to hear from you on the thread below.
Quick Facts
Learning and hacking marathon lasted 15 days
500+ individuals enrolled
25+ projects delivered
19 awarded projects
USD30k in prizes
Workshops and 24/7 support was provided, including workshops ministered by public servants to explain their work and possible use cases
Fully open source
All workshops, projects, pitches and further info are available here
IMO, a public body that seeks innovation such opens that door leaves a very important message, that it believes in thinking about solutions in a creative way. I could not proceed w/o registering very gracious thank you to the amazing people who worked with us in this journey from the public entities above, specially Fabiana Rodopoulos and Yutaka Shirata.
I also have to thank dearly Celo community and wider web3 community for embracing this challenge, and also welcome the new faces/companies to the ecosystem. To several participants this was their first contact ever with Web3, and this challenge was a real accomplishment because of your adherence, interest and hard work. A high number of projects was finalized and submitted in a rather tight timeframe, in the intersection of rather complex matters. We praise you and your creativity.
Below you find more links to the initiative and further information.
Ceremonies
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Opening Cremony
(Portuguese available) -
Closing Ceremony
(Portuguese and ASL available)
Judges
The evaluations were in charge of 10 judges selected among representatives of civil society with experience and skills in several different fields to meet the criteria of the hackathon. Among the evaluators are DeFi specialists, developers, blockchain project founders, asset managers and financial market specialists, investors, technologists, engineers and analysts with extensive curriculum in both academic and corporate environments. See who they are here.
Prizes
General Prize: Tokenization of the Union’s Assets
- 1st place overall - Team Insignia | Project Fractionation and auction of properties at the service of the Union
- 2nd place overall - Team Tokenverse | Web3 UX Project, DvP and Permissioned Tokens
- 3rd place overall - GeoReg Team | GeoReg Project: registration of georeferenced properties in blockchain
Challenge 1: Characterization and Incorporation: Registration of real estate, domain chain and Issuance of titles with the force of public deed
- 1st place - Team BlockTeam | Blockchain property registration platform project
- 2nd place – Team Satoshi Chain | Project Tokenizing Union Assets
- 3rd place - BlockchainOne Team | SPUnet Project on Web3
Challenge 2: Allocation of Union Assets
Category Assignment of Use (Lease, leasing, registration of occupancy and lending)
- 1st place – BlockImobGov Team | Block Imob Project - Property Management
- 2nd place Team Meraki Web3 | Tokenized TAGP Project
Category Environmental preservation (carbon credit, legal reserve and environmental recovery)
- 1st place – Team Soluchain | Gov Carbon Project
- 2nd place – Web3Connect Team | Bioswap Project
- 3rd place (tie)
- Team dg_guardians-Br | Green Digital Guardians Project
- Team Odoya | Project Project-Celo-Access-Control-Api
- Category Challenge Sale (Auction, direct sale)
- 1st place – Team Mobiup | Project Concession of real right of use
- 2nd place – AREN Team | AREN Project - A Tokenization Project for the Government
Real Estate Investment Fund Category
- 1st place – Team Meraki Web3 | FIT Project - Tokenized Real Estate Funds
- 2nd place – FlorencioInteli team | Iby Platform Project
- 3rd place – Federal Tokens Team | Federal Tokens Project
Challenge 3: Compliance and Contract Management
- 1st place – Team Focus | Electronic Information System Project (SEI) on WEB3
- 2nd place – Team TokenBR | Easy Contract Project - SPU
- 3rd place – Team CapivaraCoders | Project CapDocs
Access more information on the challenge page.
Team
Partnerships, over 50 hours of meetings, dozens of e-mails, plannings, two official ceremonies (opening and closing), workshops, hackathon support, mentoring, participants Q&A, trophy, swags, administrative work, social media support, content production and more was performed by myself and 3 part time Ambassadors. Looking back I honestly dont know how we accomplished this, but would like to say I am humbled to have worked by your side.
@ewertonLP , developer responsible for the technical part and support for the competitors. Solid, reliable and with a great sense of humor.
@RafaMoura , community manager and content production. Most tranquil person in challenging situations you will ever meet.
Juliana Rios , event planner and magician - makes the impossible happen before your eyes.
The Hackathon Partners
The initiative is a partnership between the Secretariat for Coordination and Governance of the Union’s Heritage (SPU), an agency of the Ministry of Economy responsible for managing the Union’s assets, Serpro, the largest public company for government technology solutions, and the National School of Public Administration - Enap, following its pioneering initiatives for the digital transformation of its management processes and relations with citizens. The entities joined expertise with other partners, Flacso and the Celo Foundation, to carry out this first collaborative educational activity on Web3 between members of the public administration and civil society. The purpose of the Hackathon Web3: Tokenização do Patrimônio da União is to promote education on the Web3 theme, and encourage the co-creation of solutions for federal public administration challenges.
The Trophy
The artist Ananda Nahú donated a work of her own authorship to be the Hackathon trophy and exclusive NFTs, in which she made an interpretation of federal assets. The art of the award shows the assets of the Union gathered and integrated with each other through blockchain technology, all of them being interconnected as if it were a big jigsaw puzzle where the final image appears after all the pieces are connected. Each piece represents a part of that heritage; are connected through the modernization brought about by the blockchain symbolized by the green and yellow circuits that represent Brazilian technology working to help connect our country’s society with its own national treasures.
Ananda Nahú is a painter, muralist and visual artist with almost two decades of career. Her style is distinguished by its visual multiculturalism, presenting an extensive anthropological cultural study of society, rescuing the history of art from the most diverse nationalities to contemporary times. His curriculum includes a strong presence in the European and US art market, and artistic-social projects of the UN, European Union, Cleveland Foundation, CEC Arts Links / Rockefeller Foundation, Xalabas Di Kumunidadi project, The Point CDC NYC, Simon Bolivar Foundation, Casita Maria Center for Arts & Education, Bronx Health Reach and NYCHA (New York City Housing Authority). Ananda was a guest artist in advertising campaigns for multinationals such as Nike, Gucci, Ride with Via, Bloomberg, has fixed murals at Marsh & McLennan, YWCA (the largest and oldest multicultural women’s organization in the USA), ThoughtWorks and Marina da Glória. She recently painted the entire 3rd floor of the new Rosewood São Paulo, a complex that is part of Cidade Matarazzo. In 2015 she was selected by CNN Style and Phaidon as one of the most influential artists in Brazil. In 2016 she broke the record in the USA, where she painted the largest mural in the state of Ohio, funded by the Cleveland Foundation, the largest and oldest foundation in the USA.
Next Steps
Soon we will update this thread with next steps to this initiative.
