This year, Mindvalley donates $100,000 to X PRIZE foundation.
Early in 2013, we announced that Vishen joined the Innovation Board for the XPRIZE Foundation after experienced Adventure + Innovation Experience in February, which featured honorable guests and speakers such as SpaceX and Tesla Motors founder Elon Musk; founder of Huffington Post, Arianna Hufington; astronaut and co-founder of Prodea Systems Anousheh Ansari and more.
In case you’re not aware of the XPRIZE Foundation:
The XPRIZE Foundation, founded by Peter Diamandis, endorses radical breakthroughs for the benefit of humanity through incentivized and high-profile public competitions that challenge individuals, companies and organizations across all industries to develop innovative ideas and technologies that provide solutions to problems that restrict humanity from progressing.
Competitions include The Ansari XPRIZE, to create a private spaceflight vehicle; The Archon Genomics X PRIZE, which challenges teams to sequence 100 human genomes within 30 days or less; the Google Lunar X PRIZE, to put a robot on the moon; and the Tricorder X PRIZE, 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, after the BP oil spill, X Prize raised $2 Million to launch a competition to inspire the world’s best minds to find a better way to clean up our oceans. The winning team developed a method 6 TIMES more efficient than the oil companies and ocean oil spills are cleaned up much faster today.
Incentivized prizes help spur innovation to push humanity forward. A $2 million prize bounty can generate 10X 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 and motivated by the large-scale and direct impact it could have on humanity and the planet, Vishen decided to turn XPRIZE into Mindvalley’s supported cause for 2013. One way was to utilize our signature not-for-profit event, Awesomeness Fest to raise the funds for this mission with the support of ticket sales. For the past four years, Awesomeness Fest has donated all of its proceeds to NGOs and non-profit causes, and both events in 2013 collected the highest amount in its short history so far. Now, Mindvalley donates $100,000 to X PRIZE Foundation.
We’re excited to be part of the X PRIZE Foundation, and we’d never be able to give back to good, positive, impactful causes without the support of our Awesomeness Fest tribe and our customers.
Thank you 🙂