E Cash Community launches $2 MILLION RWA Grant Program to spearhead RWA ecosystem

Bengaluru, India, July third, 2024, Chainwire

E Cash Community, a modular RWA blockchain, has launched the most important RWA grant program within the crypto area, totaling $2 million, to allow RWA initiatives to construct on their blockchain and speed up the event of the RWA economic system.

E Cash Community’s Structure Unlocks a World of Potentialities

E Cash Community 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 customary ready-made modules similar to KYC verified onboarding, banking, staking, governance and extra that may be integrated 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 Property (MiCA) rules. These options be sure that each entity and transaction in an utility constructed on the E Cash Community can also be MiCA compliant by default.

Goals 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 modern options to life. Candidates can submit Requests for Proposals (RFPs) detailing their concepts for RWA functions . Its $2 million grant pool can be distributed as preliminary capital amongst eligible initiatives.

E Cash Community’s CEO Raj Bagadi quoted “RWA ecosystem is in its nascent levels, 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 most important grant program to allow the subsequent era of entrepreneurs in search of to rebuild the monetary markets with RWA functions.”

Analysis Standards for Successful Grants

A gaggle of know-how consultants, advertising and marketing professionals and skilled group members will kind the choice committee for reviewing grant functions. Functions to the grant program can be evaluated on the idea of the next standards –

1. The challenge’s goal and scope
2. The anticipated influence of the challenge
3. The challenge’s milestones and KPIs
4. Anticipated finances
5. Staff particulars together with roles, duties and prior expertise of every workforce member
6. Product roadmap

Every proposal should embrace a minimum of three milestones with measurable KPIs similar to consumer development, TVL improve, transaction quantity, and so on.

Relying on the afore-mentioned elements, initiatives can change into eligible to win grants starting from $5000 to $50000 primarily based on necessities and scale of the product. Moreover, E Cash Community may also present winners of the grant program entry to mentorship from business consultants, authorized and compliance help, advertising and marketing and development help, networking alternatives with different RWA initiatives and E Cash Community’s core builders.

How one can Apply

builders and builders can be part of the #BUIDLonEMN initiative by filling out the grant utility kind 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 challenge. Profitable functions to the grant program can 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 Net 2.0 and Net 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]