Startup Camp Rules & Guidelines
Participant Eligibility
Based on experience, we found that 4-5 members per team is the sweet spot to make optimal use of the boot camp activities. While you don’t necessarily need to have a full-fledged company (yet) to participate in SCF Startup Camp, we do require teams to have at least two (2) people actively participating in the SCF Startup Camp week of April 22-26, of which at least one (1) software engineer. If your team/company doesn’t have that, we still welcome you to submit: should you be selected to participate, we’ll try our best to match you with talented members of the Stellar community and ecosystem.
1.1 Each SCF Round is open to:
Teams of Eligible Individuals, as defined below in Section 1.3 (“Teams”); and
Organizations (including corporations, not-for-profit corporations, and other nonprofit organizations, limited liability companies, partnerships, and other legal entities) that consist of Eligible Individuals and that are duly organized or incorporated and in good standing at the time of submission (“Organizations”).
(the above Teams of Eligible Individuals and Organizations are referred to collectively as “Participants”).
In any individual SCF Startup Camp, an Eligible Individual may not join more than one Team or Organization, and an Eligible Individual who is part of a Team or Organization may not also enter such SCF Round on an individual basis.
1.2 If a Team or Organization is entering an SCF Startup Camp:
The Team or Organization must appoint and authorize one Eligible Individual (the “Representative”) to represent, act, and enter a submission on their behalf. By entering a submission on the SCF Startup Camp Submission website on behalf of a Team or Organization, you are representing and warranting that you are the Representative authorized to act on behalf of your Team or Organization.
Your Team or Organization must appoint and authorize at least 2 Eligible Individuals to be available during the preparation webinars, actively participate in bootcamp activities, and should you be interested and get selected as one of the finalists, present during the investor demo day.
1.3 An “Eligible Individual” is a natural person who:
Is 18 years of age or older;
Is not a citizen of, located in, or otherwise normally residing in Cuba, Iran, North Korea, Syria, any Russian-controlled region of Ukraine, or any other country or region subject to sanctions by the US Department of Treasury Office of Foreign Asset Control (“OFAC”), as may be updated from time to time;
is not identified on the Specially Designated Nationals or Blocked Persons list provided by OFAC; and
Does not reside in a jurisdiction where the transfer and holding of cryptocurrency is illegal or would require a special license or authorization that the such person does not possess.
Ineligible Teams / Companies
Applicable law and our internal policies restrict us from providing lumens (“lumens” or “XLM”) awards to certain categories of teams and companies. Regardless if they’re a participant of an SCF Startup Camp, a team or company will be ineligible to receive an SCF Startup Camp prize if they are or offer products/services that:
violate any applicable laws, regulations, orders, judgements or rules; infringe or violate any proprietary right of any party, including patent, trademark, trade secret, copyright, right of privacy, right of publicity, or other rights;
involve, facilitate, support, or promote unlawful activities, including, but not limited to: fraud, drug trafficking, purchases on dark web markets, theft, illegal arms trafficking, human trafficking, abduction, extortion, embezzlement, corruption of public officials, acts of terrorism or terrorist financing, and intellectual property violations;
involve, facilitate, or promote gambling;
are offensive, deceptive, harmful, or libelous;
are or contain sexually obscene content;
are discriminatory or abusive toward any individual or group;
contain, transmit, or instill malware or phishing pages or devices;
are primarily focused on promoting a specific token or a specific NFT or NFT collection with no real-world use case;
are primarily focused on use cases that do not contribute to the growth and development of Soroban, the Stellar network, ecosystem, and protocol (e.g., relying on Stellar for arbitrary data storage).
If you are unsure whether your company or team falls into one or more of these categories, please contact us.
SDF reserves the right, in its absolute discretion, to disqualify any Participant, without warning, from any SCF Startup Camp, and to ban them from future SCF Startup Camps, if they breach these Rules and Eligibility Guidelines (the “Official Rules”) or any applicable law, or otherwise act in a way that is inappropriate, not in the best interests or spirit of the SCF Startup Camp or otherwise in bad faith, including, without limitation, any direct or indirect tampering with or manipulation of the entry, or abusive behavior towards mentors and other participants.
Criteria for Selection
Each SCF Startup Camp will be open to all kinds of teams and companies interested in building on Stellar and/or Soroban that are beneficial to the Stellar ecosystem and that further SDF's mission to create equitable access to the global financial system. Members of the Stellar Development Foundation and BiGGER will review incoming submissions and select the best ones to become participants according to the following criteria:
Is the submission clear in language and are questions sufficiently answered?
Does the team demonstrate sufficient understanding of how Stellar and/or Soroban works?
Is the proposed idea of integration of Stellar/Soroban possible and would be of significant impact to their existing project or organization?
Is the team or organization unique and/or competitive in their respective space of operation?
BONUS: Does the proposed idea of integration of Stellar/Soroban plan to support (future) products/services that in any way further SDF’s mission to create equitable access for the global financial system, or promote inclusion and access of underserved audiences in any other way?
Last updated