Where would you like to see Cofound.it Hubs? The results of our mini game are in!

We are wrapping up our game with which we were pooling together your suggestions on where our next 10 Cofound.it hubs should be. The results are in and the winner with the closest suggestion is …

Planning the Cofound.it global presence based on your feedback

But before we reveal the winning entry — if you have been following us from the start, you probably know that Cofound.it is planning on opening 10 additional hubs around the globe to expand our scope of operation and achieve a truly global reach. We believe that exceptional talent and ideas can be found anywhere around the globe and in this way we can reach it more easily and bring it under our roof.

We’re preparing a more in depth post about the specific steps we’re taking in expanding Cofound.it to a global scale. The biggest risk of investing in a local hub is selecting the location. This year is all about learning so we’ll try to meet and connect with local communities to understand what are the best places for us to be present. Opening a hub is also a community effort, so while we’re working on our strategy, we’d like to hear your feedback as well as answer any questions you might have around global expansion.

We’re doing an AMA session on Wednesday, August 9 at 6:00pm CEST on our public Slack with David Sabo (@david) our Head of Global who will be there to answer your questions about hubs and expansion.

Results of the mini game

So without any further ado the winner with that was closest to the 10 identified hub clusters is … Entry number 208 with the alias Scrimper! Congratulations! The 5 ETH were already sent to your wallet address.

And for some of you who are a bit more on the geeky side, as promised in our Live Q&A session, we’ll also delve a bit deeper into how Matevž — the Computer Science PhD student that helped us with the analysis of the game results — calculated the hub clusters and selected the winning entry.

We set our map up as a Cartesian coordinate system where individual points were given in a range between 0 and 1. The program then calculated 12 (x,y) coordinates as a mean value of 12 clusters. For each entry (12 x,y points) a final sum of the shortest distances was calculated. This sum was based on the distance of each point from the nearest cluster and the new distance was then added to the sum of previous distances. For each point its nearest cluster was removed so it would not be a reference for any of the later sequential points. The winner was the one who had the lowest sum of distances.

The map of geographical distribution of points shows us that your clicks were mainly directed to Central, South, Southwestern and Western Europe, along with Japan and the East coasts of USA and Australia, plus USA’s West coast. Africa, South America, Russia and Asia were quite less popular. You can check out the results on the map below — yellow dots are all the entries, red dots are the winner’s entries and black dots are the cluster centers.