Bengaluru, India, July third, 2024, Chainwire
E Cash Community, a modular RWA blockchain, has launched the largest RWA grant program within the crypto area, totaling $2 million, to allow RWA tasks to construct on their blockchain and speed up the event of the RWA financial system.
E Cash Community’s Structure Unlocks a World of Prospects
E Cash Community is an L1 blockchain that acts as a foundational community for constructing RWA tasks. Aside from a developer-friendly SDK for personalized options, it additionally has customary ready-made modules corresponding to KYC verified onboarding, banking, staking, governance and extra that may be included straight into functions. The E Cash Community helps interoperability with Inter-Blockchain Communication (IBC), permitting the event of functions 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 Belongings (MiCA) laws. These options be certain that each entity and transaction in an utility 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 convey progressive options to life. Candidates can submit Requests for Proposals (RFPs) detailing their concepts for RWA functions . Its $2 million grant pool might be distributed as preliminary capital amongst eligible tasks.
E Cash Community’s CEO Raj Bagadi quoted “RWA ecosystem is in its nascent phases, and constructing the RWA ecosystem with numerable RWA-specific functions 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 subsequent technology of entrepreneurs looking for to rebuild the monetary markets with RWA functions.”
Analysis Standards for Profitable Grants
A bunch of know-how specialists, advertising and marketing professionals and skilled neighborhood members will type the choice committee for reviewing grant functions. Purposes to the grant program might be evaluated on the premise of the next standards –
- The venture’s goal and scope
- The anticipated influence of the venture
- The venture’s milestones and KPIs
- Anticipated funds
- Group particulars together with roles, tasks and prior expertise of every group member
- Product roadmap
Every proposal should embrace at the very least three milestones with measurable KPIs corresponding to consumer development, TVL enhance, transaction quantity, and many others.
Relying on the afore-mentioned components, tasks 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 business specialists, authorized and compliance assist, advertising and marketing and development assist, networking alternatives with different RWA tasks and E Cash Community’s core builders.
The way to Apply
builders and builders can be a part of the #BUIDLonEMN initiative by filling out the grant utility type right here and becoming a member of E Cash Community’s grant channel on Discord. After the submission of the applying, the choice committee will consider the venture. Profitable functions to the grant program might 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 2.0 and RWA tokenisation, successfully establishing a community that goals to bridge the liquidity divide between Internet 2.0 and Internet 3.0.
For extra info customers can go to:
For media queries, customers can contact: [email protected]
Contact
Head of Advertising and marketing & Branding
Shivangini Agarwal
E Cash Community
[email protected]
