E Cash Community, a modular RWA blockchain, has launched the largest RWA grant program within the crypto house, totaling $2 million, to allow RWA initiatives to construct on their blockchain and speed up the event of the RWA financial system.
E Cash Community’s Structure Unlocks a World of Potentialities
E Money Network is an L1 blockchain that acts as a foundational community for constructing RWA initiatives. Other than a developer-friendly SDK for personalized options, it additionally has normal ready-made modules reminiscent of KYC verified onboarding, banking, staking, governance and extra that may be included straight into purposes. The E Cash Community helps interoperability with Inter-Blockchain Communication (IBC), permitting the event of purposes that may talk with different IBC-compatible blockchains.
E Cash Community has built-in compliance modules together with Know Your Buyer (KYC), Know Your Possession (KYB) and Know Your Transaction (KYT) to allow adherence to the upcoming Markets in Crypto Property (MiCA) laws. These options be certain that each entity and transaction in an software constructed on the E Cash Community can also be MiCA compliant by default.
Aims of the Grant Program
As part of its #BUIDLonEMN initiative, E Cash Community invitations developer groups with disruptive RWA-centric concepts to construct on the E Cash Community and produce revolutionary options to life. Candidates can submit Requests for Proposals (RFPs) detailing their concepts for RWA purposes . Its $2 million grant pool shall be distributed as preliminary capital amongst eligible initiatives.
E Cash Community’s CEO Raj Bagadi quoted “RWA ecosystem is in its nascent phases, and constructing the RWA ecosystem with numerable RWA-specific purposes will assist in shaping E Cash Community’s trajectory and spearheading new developments for the broader RWA ecosystem. Therefore, we’re launching the largest grant program to allow the following era of entrepreneurs in search of to rebuild the monetary markets with RWA purposes.”
Analysis Standards for Profitable Grants
A bunch of expertise consultants, advertising professionals and skilled group members will type the choice committee for reviewing grant purposes. Functions to the grant program shall be evaluated on the premise of the next standards –
- The undertaking’s goal and scope
- The anticipated affect of the undertaking
- The undertaking’s milestones and KPIs
- Anticipated finances
- Workforce particulars together with roles, duties and prior expertise of every staff member
- Product roadmap
Every proposal should embrace no less than three milestones with measurable KPIs reminiscent of person progress, TVL improve, transaction quantity, and many others.
Relying on the afore-mentioned elements, initiatives can turn out to be eligible to win grants starting from $5000 to $50000 based mostly on necessities and scale of the product. Moreover, E Cash Community may even present winners of the grant program entry to mentorship from trade consultants, authorized and compliance assist, advertising and progress assist, networking alternatives with different RWA initiatives and E Cash Community’s core builders.
The right way to Apply
builders and builders can be part of the #BUIDLonEMN initiative by filling out the grant software type here and becoming a member of E Cash Community’s grant channel on Discord. After the submission of the appliance, the choice committee will consider the undertaking. Profitable purposes to the grant program shall be notified together with additional directions.
About E Cash Community
E Cash Community is the regulated Modular RWA blockchain. It serves as an L1 blockchain designed for seamless interoperability between DeFi 2.Zero and RWA tokenisation, successfully establishing a community that goals to bridge the liquidity divide between Internet 2.Zero and Internet 3.0.
For extra info customers can go to: X | LinkedIn | Blogs | Whitepaper
For media queries, customers can contact: [email protected]
Contact
Head of Advertising & Branding
Shivangini Agarwal
E Cash Community
[email protected]
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