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Sergey Tokarev nominated winners of #HackCorona competition

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Sergey Tokarev nominated winners of #HackCorona competition

 

Sergey Tokarev, one of the investors of RefaceAl, told the five winners of the #HackCorona competition. Tokarev is also a partner of the Cyprus IT Forum. The #HackCorona competition was a hackathon organized by the Ministry of Digital Transformation of Ukraine. EGAP played a supportive role in the organization of the competition. The purpose of the competition was to overcome the consequences of the coronavirus pandemic in Ukraine.

 

Sergey Tokarev, one of the investors of RefaceAl, told the five winners of the #HackCorona competition. Tokarev is also a partner of the Cyprus IT Forum. The #HackCorona competition was a hackathon organized by the Ministry of Digital Transformation of Ukraine. EGAP played a supportive role in the organization of the competition. The purpose of the competition was to overcome the consequences of the coronavirus pandemic in Ukraine.

According to the competition organizers, a total of 899 teams participated in the national competition. All of the teams presented their startup ideas to combat the coronavirus crisis in Ukraine. Some of these projects were related to electronic, educational, administrative, and social services to help Ukraine recover from the lockdown.

Sergey Tokarev, an IT businessman and investor, joined the jury of the competition at the final stage. Initially, the prize pool was $3 million hryvnias (approximately $143,000 USD). Tokarev gave an idea of increasing prize fund and providing consultation services to the professional teams. The Ministry of Digital Transformation supported his idea. It allowed him to get access to teams in order to learn their projects in detail.

Tokarev increased the prize pool by 1 million hryvnias (approximately $35000 USD). Tokarev said, “I offered to help teams with consultations and increase the total prize pool.” He learned about the competition when there were only 22 teams remained in the final round. Tokarev found some of the projects interesting. He said, “I leaned in detail all the projects and met the teams that I found most interesting.”

Projects supported by Sergey Tokarev
Sergey Tokarev, the IT businessman, said that he liked VUIKO the most. VUIKO was a startup based on the idea of creating a marketplace for farming products. He admired the professionalism of the team behind the project. Tokarev added that the successful implementation of the VUIKO project would bring high commercial value. He chose the project on the base of its usability and relevancy in terms of supporting farmers and entrepreneurs.

Tokarev also supported two other projects including “Sluhai” and “KAZKOZVUK”. Both of these projects are based on the idea of audiobook creation. The aim of these projects is to popularize the local literature. Tokarev said, “These projects are educational, and they popularize literature in the Ukrainian language.” The investor added that they had been working on a project, LuckyBooks, since 2017. These projects were quite similar to his project.

 

 

 

All of these projects were approved by the jury of the competition. A total of five projects were deemed winners of the #HackCorona competition by the jury. The other two winners of the competition were SkillAR and Digital Women 2020. SkillAR was related to interactive distance learning by using augmented reality. Digital Women 2020 was a project based on the idea of stimulating the development of women-owned businesses in the time of need.  

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