A decentralized auction Shelf.Network received the Grand Prix in the nomination of Token Economics at the competition Frontier Innovation Awards 2018: Blockchain, which took place in San Francisco. In addition to the title of “the Best apps for the real world” project will receive up to $1 million in investments, wrote in Facebook the founder of a startup Antadze Lasha.

FIA prize: the Blockchain the most promising startups this year was given for the first time, but the organizers already announced a tender annual. In addition to awards and investment the winning teams will also be able to work with a leading developer of Monero, Riccardo “fluffypony” Spagni in the role of mentor and the ICO team Indiegogo.

Also among the speakers during the after-party announced Spencer Bogart of Blockchain Capital, Niko Bonatsos from General Catalyst, Sunan Chen of Shinect Anan Kulkarni from Crowdbotics.

Note, the official launch of the Shelf.Network took place on 11 September last year. The first auction platform has been launched for car dealers.

Shelf.Network is a decentralized network of sellers and merchants that are using blockchain technology and smart contracts can one-click to hold auctions on their websites or network of affiliate stores.

Initially, the project was launched in three countries: Georgia, Ukraine and Lithuania. Platform Shelf.Network pozvoyalet companies-dealers to enter into transactions for the sale, renting and leasing of cars via the leading online-stores in the respective countries.

“Our strategy as a blockchain startup is a bit unusual for kriptonyte in her usual way: we refused to sign memoranda of pilot projects, exchange of handshakes and ICO, but instead directly focusing on market and customers. Our goal is to show the advantages of a decentralized approach and full-scale adoption industry, and to secure the growth of our company through operating revenues and attract customers” — said then added.

Earlier, the Ukrainian blockchain-star Georgian origin and founder of the decentralized auction Shelf.Network Antadze Lasha said in a regular column on the channel ForkLog the story of how he began his acquaintance with bitcoin and blockchain technology.