Bangalore, India, July 3, 2024, Chainwire
E-Cash Community, a modular RWA blockchain, has launched the most important RWA grant program within the crypto area. Whole quantity: $2 millionTo allow RWA Challenge We’ll construct a blockchain to speed up the event of the RWA financial system.
E-Cash Community Structure Opens Up a World of Potentialities
E-Cash Community is an L1 blockchain that serves as a foundational community for constructing RWA initiatives. It has a developer SDK for personalisation options in addition to normal off-the-shelf modules that may be instantly built-in into purposes, similar to KYC verified onboarding, banking, staking, governance, and so forth. E-Cash Community helps interoperability with InterBlockchain Communication (IBC), permitting for the event of purposes that may talk with different IBC appropriate blockchains.
E-Cash Community has built-in compliance modules similar to Know Your Buyer (KYC), Know Your Possession (KYB) and Know Your Transaction (KYT) to allow compliance with the upcoming Marketplace for Crypto Property (MiCA) rules. These options be sure that all entities and transactions inside purposes constructed on the E-Cash Community are MiCA compliant by default.
Grant Program Goals
As a part of the #BUIDLonEMN initiative, E-Cash Community is inviting groups of builders with progressive concepts round RWA to construct on E-Cash Community to convey progressive options to life. Candidates can submit a Request for Proposal (RFP) detailing their RWA software concepts. The $2 million grant pool can be distributed as seed capital to eligible initiatives..
Raj Bagadi, CEO of E-Cash Community, stated, “The RWA ecosystem remains to be in its nascent phases, and constructing an RWA ecosystem with quite a few RWA-specific purposes will assist form the trajectory of E-Cash Community and spearhead new developments for the broader RWA ecosystem. That's why we're launching our largest grant program to help the following technology of entrepreneurs seeking to reshape monetary markets with RWA purposes.”
Analysis standards for grants
A bunch of expertise specialists, advertising and marketing professionals, and skilled group members will make up the choice committee that may assessment the grant purposes. Purposes for the grant program can be evaluated primarily based on the next standards:
Every proposal ought to embody a minimum of three milestones with measurable KPIs, similar to person progress, TVL progress, or transaction quantity.
Relying on the aforementioned elements, initiatives could also be eligible to win grants starting from $5,000 to $50,000 primarily based on their necessities and the scale of their product. Moreover, E Cash Community will even present grant program winners with mentorship from trade specialists, authorized and compliance help, advertising and marketing and progress help, and networking alternatives with different RWA initiatives and E Cash Community core builders.
Tips on how to Apply
builders and builders can be a part of the #BUIDLonEMN initiative by filling out this grant software type and becoming a member of the E Cash Community grants channel on Discord. After submitting the applying, a range committee will consider the initiatives. These whose purposes are accredited for the grant program can be notified with additional directions.
About E-Cash Community
E Cash Community is a regulated, modular RWA blockchain that acts as an L1 blockchain designed to allow seamless interoperability between DeFi 2.0 and RWA tokenization, successfully establishing a community that goals to bridge the liquidity hole between Net 2.0 and Net 3.0.
For extra data, please go to: X | LinkedIn | Weblog | Whitepaper
For media enquiries please contact advertising and [email protected]
contactHead of Advertising & BrandingShivangini AgarwalE-Cash Communityadvertising and [email protected]
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