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ScyNet is the winner of the startup pitch contest powered by Telelink


ScyNet is the winner of the startup pitch contest organized by CEE Block Sofia.

For their project final realization, they will receive €250,000 investment by Telelink and business mentoring personally by Lubo Minchev, Founder & CEO, Telelink and Chairman of the Jury, evaluating the applicants in the startup pitch contest.

“Of the 9 contestants, ScyNet is the project promising to have the most favorable impact on the blockchain ecosystem and the society as a whole, and which has the potential to create added value in all three areas important for us as a company and members of the community – supply chain management, healthcare and education.” said Lubo Minchev when announcing the winner.

ScyNet is a decentralized network for creating and training autonomous AI agents based on  smart-contracts. They are part of the EU Blockchain Observatory and Forum ecosystem. ScyNet is one of the two pillar projects of Comrade Cooperative – a member-owned organization of software developers and innovation builders. 

More than 50 blockchain startups applied to compete for €250,000 in the startup pitch contest organized by CEE Block Sofia and supported by Telelink.

Nine entrepreneurs had the chance to pitch their projects in front of a recognized jury, during a dedicated panel of the top investors, an audience of C-level executives from leading global brands and European policy-makers during CEE Block Sofia (Oct.25-26).

The finalists were evaluated by an independent jury with members: Jury Chairman – Lubo Minchev, Founder and CEO of Telelink, Bozhidar Bozhanov, Founder of LogSentinel, Elvin Guri, CEO of Empower Capital, Ivan Zhityanov, Executive Director of Telelink Business Services and Rosen Ivanov, Founder of BlackPeak Capital.

The main criteria were innovation, social significance – positive impact on people and society, team capacity, business model and market potential.