Here’s why it’s important. Problems in the world must be solved. Sometimes there is incentive needed to solve them. Bottom Line. The X-Prize is an interesting foundation which challenges teams to solve world concerns, in a time-limit with a prize waiting. Check out some of their prizes as well as their most recent prizes. I also suggesting researching Peter Diamantis. Always remember there are a lot of good people out there trying to change the world for the better. They’re just not always the ones we put in charge.