Early in 2013, Vishen joined the Innovation Board for the XPRIZE Foundation. Shortly thereafter, Mindvalley was able to donate $100,000 to the XPRIZE Foundation.
Vishen had recently attended the Adventure + Innovation Experience in February. The event featured a number of honorable guests, including: SpaceX and Tesla Motors founder, Elon Musk; founder of Huffington Post, Arianna Hufington; and astronaut and co-founder of Prodea Systems, Anousheh Ansari.
Vishen was inspired by his fellow visioneers at XPRIZE. And he knew he wanted to do more.
What Is The XPRIZE Foundation?
Through incentivized high-profile public competitions, individuals, companies, and organizations across all industries are challenged to develop innovative ideas and technologies that provide solutions to problems that restrict humanity from progressing.
XPRIZE competitions include:
- The Ansari XPRIZE, to create a private spaceflight vehicle.
- The Archon Genomics XPRIZE, which challenges teams to sequence 100 human genomes within 30 days or less.
- The Google Lunar XPRIZE, to put a robot on the moon.
- The Tricorder XPRIZE, to create a portable medical diagnostic device.
The challenges put on by this foundation inspire innovation to radically solve many of humanity’s biggest issues. For example, X Prize raised $2 million USD after the BP oil spill. This was to help launch a competition to inspire the world’s best minds to find a better way to clean up our oceans.
The result? The winning team developed a clean-up method 6 times more efficient than the oil companies . Today, ocean oil spills are cleaned up much faster as a result of this team’s remarkable work.
How Mindvalley And XPRIZE Are Pushing Humanity Forward
Incentivized prizes help spur innovation to push humanity forward.
For example, a $2 million prize bounty can generate 10 times that amount in funds towards solving grand challenges.
But oil spills aside, X Prize was also responsible for kick-starting the private space race when aviator Burt Rutan won the Ansari X Prize for his space plane design.
Inspired by the direct impact it could have on humanity and the planet, Vishen decided to turn XPRIZE into Mindvalley’s supported cause for 2013.
We utilized our signature not-for-profit event, A-Fest, to raise the funds for this mission with the support of ticket sales.
For the past four years, A-Fest has donated all of its proceeds to NGOs and non-profit causes. Both events in 2013 collected the highest amount in its short history. And this is what allowed Mindvalley to donate $100,000 to XPRIZE Foundation.
Having the opportunity to give back to good, positive, impactful causes is what inspires us to do our best, day in and day out.
What inspires you to go out and do good in the world? Share your ideas below.