UNICEF unveils startups fund; NEObank rolls out security tokens [Video]

The United Nations Children’s Fund (UNICEF) has announced the launch of a fund to back startups building real-world solutions with emerging technology to protect children on the internet.

According to an official announcement, the UNICEF Venture Fund is seeking firms to experiment with artificial intelligence (AI) and blockchain in its program countries. The solutions provided by the companies should have the “potential to create radical change for children.”

The fund is particularly concerned with practical solutions that can help young individuals spot misinformation while building media literacy. Successful firms will receive as much as US$100,000 in equity-free funding with UNICEF targeting early-stage startups with a working prototype.

Firms focusing on open-source licensing and practice are more likely to receive funding from UNICEF than closed-ended enterprises. 

Top on the pile for UNICEF is the desire to leverage AI and Web3 solutionsto combat misinformation, with the statement exploring potential applications. UNICEF is willing to fund platform-agnostic, interactive games that …