#TechMoney Hackathon: How we won 1.5 million prize, by TEAM UNILAG

32

 Team Gridzer, a team of four Faculty of Science students in the University of Lagos (UNILAG): Rotibi Adedeji Ifeoluwa,  Joshua Chinemezu , Daniel Oluwaseyi and David Ukauwa, recently clinched a top  prize of 1.5 million Naira at the Tech Money Africa Summit held in the campus in mid June. The Team’s head, Daniel Oluwaseyi, in this interview with AYOMIDE OLUFOLARIN, SOLOMON OLADIPUPO and ISAAC ALESH MELCHIZEDEK, tells more about the competition, their innovative idea and the prize.

Could you tell us about TechMoney?
Basically, we went there for the Hackaton; that was what got us involved. But according to my little findings, it was just more like a meeting between investors and entrepreneurs. There were lots of investors from counties like South Africa, from the US especially, to talk to entrepreneurs, get to know what their ideas are all about and if they could key into it. So, it was just more like a business-tech kind of circle. I think the name of the event depicted what happened, tech money, you have a tech idea and so there’s money for you as far as you can sell your idea and your idea can sell. My team did the Hackathon, and thankfully, we won.

What was the innovative idea that won the hackathon?

I don’t think I will like to say much about that. All I know is that they gave us a couple of topics to talk about and we spoke about power. Power is a very important sector in the Nigerian ecosystem. If we can solve our power issues, the country would get better. So, our innovative idea was on power.
We had to build some sort of IoT (Internet of Things) solution that comes with a mobile application that actually helps to reduce power consumption.

Could you tell us a little more about this?

I wouldn’t say much about it but how about you could switch off your electrical devices from your phone? It is just an IoT solution. An IoT is basically a new technology that is going to drive the world forward probably in the next couple of years. So, an IoT solutions that is connected to your mobile devices and electrical devices

There are those that advocate for solar panels and reduction in fossil fuels. On a general note, what is your preferred approach to the problem of energy and how does IoT features in all of these?
We generate energy in this country is in different ways: We have for the gas stations, then the transmission company of Nigeria, those are the ones who generate the gases. The way we generate electricity in this county is really not nice in all honesty. There are solar panels that could help us generate more viable electricity. But we were not really concerned about that, we are more concerned about the users, the people that actually make use of the power that is being generated. How about you are able to manage the amount of power you actually get? How about the power distribution companies (DISCOs) knowing the actual amount of power consumed by each household? At least, we were told by an industry expert that the DISCO only knows the amount of power that is being generated to a particular area and not the amount that is being generated to each household; so it is actually a very terrible situation.

What is your opinion on the future of innovation. Do you think there is still going to be a place for those that are not in the science world?
I believe every innovation that is coming up right now into the world needs some sort of Information Technology (IT). IT is virtually in every sector: If you have one innovative idea in education, you need IT. In agriculture, you need IT; if you have an innovative idea in whatever sector I think you need IT because nobody wants to go back to pencil and paper.

What inspired the solution you proferred that won you the prize?
First of all, it was a competition. Before the competition, obviously, we didn’t really think about that. But we looked at the topics they gave us: they gave us fintech, power, lifestyle, and one other one. We looked at it all and asked, “Which one is more of a problem to us in Nigeria?”. It was power, so we had to think of something on power for us to solve. We would have gone into fintech; fintech is buzzing currently, but we were quite certain that most people would be doing fintech and it happened that way. We just needed to be smart and play on the psychology of what is happening right now.

How would the 1.5 million prize help to fuel the innovative idea that you have?
As regards the cash prize, we can’t really say much on that because we are not really clear on it. I don’t think we are actually getting the 1.5 million naira in cash. They told us we’ll be travelling. We can’t really say; when we meet the organizers, we will talk more on that but for now I can’t really say.

What advice do you have for people out there that are passionate about this kind of thing but do not really get the platform to exhibit some of their ideas?
I just feel time and chance happens to everyone. So, before that time comes, and before that chance comes, I think we should just make good use of our time so that when chance comes knocking, we would not miss it. Self development is key.

Discussion32 Comments

  1. Please let me know if you’re looking for a article writer for your weblog.
    You have some really good articles and I feel I would be a
    good asset. If you ever want to take some of the load off, I’d really like to write some material for your blog in exchange for
    a link back to mine. Please send me an e-mail if interested.
    Many thanks!

  2. With havin so much written content do you
    ever run into any problems of plagorism or copyright
    infringement? My site has a lot of unique content I’ve either written myself or outsourced but it seems a
    lot of it is popping it up all over the internet without my agreement.
    Do you know any solutions to help reduce content from being stolen?
    I’d really appreciate it.

  3. I blog frequently and I truly appreciate your content.
    This great article has truly peaked my interest. I’m going to book mark your website and keep checking for new details about
    once a week. I opted in for your RSS feed as well.

  4. Remarkable things here. I am very satisfied to
    see your article. Thanks so much and I’m looking ahead
    to touch you. Will you please drop me a e-mail?

  5. It is appropriate time to make some plans for the future and
    it’s time to be happy. I’ve read this post and if I could I wish to suggest you
    few interesting things or suggestions. Maybe you can write next articles referring to this article.
    I wish to read more things about it!

  6. Amazing blog! Is your theme custom made or
    did you download it from somewhere? A design like yours with a
    few simple tweeks would really make my blog shine. Please let me know
    where you got your design. With thanks

  7. Excellent items from you, man. I’ve take note your stuff prior to and you’re simply extremely excellent.
    I really like what you have got here, certainly like what you’re stating and the best way in which you are saying it.
    You’re making it entertaining and you continue to take care of to keep it sensible.
    I can’t wait to read far more from you. This is really a wonderful web
    site.

  8. Many guiding manuals are offered free online, information websites, technical and fundamental analysis of the market, charts and news-updates registered with the system
    and even hands on training online.

  9. Greetings from Los angeles! I’m bored at work so
    I decided to check out your site on my iphone during lunch
    break. I love the info you present here and can’t wait to take a look when I get home.

    I’m surprised at how quick your blog loaded on my phone ..
    I’m not even using WIFI, just 3G .. Anyhow, great site!

  10. That is really attention-grabbing, You are an overly
    skilled blogger. I have joined your feed and sit up for searching for more of your fantastic post.
    Additionally, I’ve shared your web site in my social networks

  11. Can I show my graceful appreciation and give true love to really good
    stuff and if you want to have a checkout Let me tell you a brief about how to make a
    fortune I am always here for yall you know that right?

  12. hey there and thank you for your info – I’ve definitely
    picked up something new from right here. I did however expertise a few technical issues using this website, as I
    experienced to reload the website lots of times previous to I could get it to load correctly.
    I had been wondering if your web host is OK? Not
    that I am complaining, but slow loading instances times will very
    frequently affect your placement in google and could damage your quality score if advertising and marketing with Adwords.
    Well I am adding this RSS to my e-mail and could look out for
    a lot more of your respective exciting content.
    Make sure you update this again very soon.

  13. For certainty, a Player will lose aany access tjey have to Live Streaming uplon failing
    to meet the foregoing eligibility requirements.

    Also visit my weeb site … here

  14. Some bus riders opted out of the casino altogether, setting up
    dueling card games outside on wooden poanks that attracted a crowd of onlookers.

    My website here

  15. Hello I am so grateful I found your blog, I really found you by
    mistake, while I was looking on Google for something else, Nonetheless
    I am here now and would just like to say thank you for a incredible post and a all
    round exciting blog (I also love the theme/design), I don’t have time to look over it all
    at the minute but I have bookmarked it and also
    included your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up the great job.

Leave A Reply