Four winners of the Block Festa 2022 pose for the camera after receiving prizes from Block Media CEO Choi Soon-joong on Dec.14 at the Uprising Lounge in Seoul.

Block Media CEO Choi Soon-joong honored the winners of the  Block Festa 2022 Web3 Startup Pitching Contest Ceremony on Dec.14 at Uprise Lounge in Seoul.

The first winner was Tracer, and Marina Chain won the second prize. The co-winners of the third place were AM Management and Lemon Chain.

The winners received privileges such as prize money, investment opportunities, and an exclusive interview with Block Media. The prize money is three million won for first place, two million for second place, and one million for third place.

# First winner Tracer

CEO Tracer CEO Jacob(left) and Block Media CEO Choi Sun-joong . Tracer CEO Jacob won first place. As an M2E startup, Tracer has been well-received for its clear business mind.

# 2nd place. Marina Chain

Marina Chain CEO Ha Seong-yeop, left, won second place. Marina Chian has been praised for its high knowledge of the eco-friendly ship blockchain industry.

# Tied for third place. AM Management, Lemon Chain

△ AM Management

AM Management CEO Kim Ho-joong (left) and Block Media CEO Choi Soon-joong AM Management CEO Kim Ho-joong was awarded joint third place. AM Management provides decentralized quant trading services and has been well-received for its business feasibility.

△ Lemon Chain

Lemon Chain CEO Kwon Kiwook Kwon, CEO of Lemon Chain (right) Soonjoong Choi, CEO of Block Media, Blockmedia. Lemon Chain CEO Kwon Ki-wook Kwon was awarded joint third place. Lemon Chain is operating Lemon Healthcare, a medical blockchain project, and has received favorable reviews for making real cases for the industry.

After the awards ceremony, the winners had a networking time.

Block Media held a Web3 Startup Pitching Contest as one of the Block Festa 2022 events at the Uprise Lounge in Seoul on Dec.2. Ten finalist teams outlined their business vision before major domestic and foreign venture capital (VC) judges.

Judges include executives from Hashed, a41, Credit Sand, Foresight Ventures, and BKEX Labs.

Block Media is Korea's first blockchain, and digital asset market specialized media. The Block Festa conference is held every year. This year, we discussed with experts what we need to prepare for innovation under the Spring of Web3 theme.

[By A-in Jung, ainjung@blockmedia.co.kr]