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News February 4, 2025

Stellar Blockchain Startup Almanax Pitch to VC Investor

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Stellar Blockchain Startup Almanax Pitch to VC Investor

In the video, two startup founders pitch their visions to a VC investor. The first presenter talks about Club, software assisting food suppliers to optimize order processing and reduce waste by modernizing backend operations that traditionally relied on outdated methods like fax and phone calls. This proposition aims to improve profit margins from the current standard of 1% to 3%. The second founder, representing Almanax, puts forth a solution directed at strengthening security in blockchain environments. By employing AI to analyze smart contracts, specifically honing in on platforms such as Stellar, the company aims to mitigate typical vulnerabilities found in blockchain applications. The VC highlights the broad applicability and necessity of these solutions, recognizing the emerging opportunities in both the food and blockchain sectors.