A detailed look at the six finalists of the IOTA Tenity RWA Accelerator Program, showcasing their innovative solutions in the Web3 space.
Points
- Introduction to the IOTA Tenity RWA Accelerator Program.
- Overview of the six finalist projects.
- Focus on their innovative solutions in Real World Asset （RWA） tokenization, digital identity, and more.
- Potential impact on the IOTA EVM ecosystem.
- Details on the program’s support and upcoming Demo Day.
The IOTA Foundation, in collaboration with the Singapore-based global innovation ecosystem Tenity, has selected six innovative projects for the IOTA Tenity RWA Accelerator Program. This initiative aims to foster entrepreneurial talent within the IOTA EVM ecosystem, focusing on advancements in Real World Asset （RWA） tokenization, digital identity solutions, and digital product passports. Each project will receive a $50,000 grant and tailored support to accelerate their development.
Qiro Finance
Qiro Finance is an on-chain private credit marketplace that connects fintech asset originators with on-chain investors, offering fixed yield opportunities. By providing distributed credit underwriting infrastructure, Qiro enhances the IOTA EVM with institutional-grade RWA investment opportunities.
- Focus: On-chain private credit marketplace
- Impact: Cost-effective financing for asset originators and high yield for investors
InvoiceMate
InvoiceMate transforms traditional invoices into tokenized RWAs, allowing users to obtain on-chain private credit. This solution facilitates access to finance for stakeholders in supply chains, trade logistics, and SMEs, while providing retail investors with stablecoin investment opportunities.
- Focus: Decentralized invoice-financing infrastructure
- Impact: Enhanced financial access and investment opportunities
The Real Lifestyle
The Real Lifestyle democratizes property investments, addressing homeownership and rental challenges through fractionalized ownership. It generates revenue through property portfolios, increasing on-chain activity and TVL on the IOTA EVM.
- Focus: Property investment democratization
- Impact: Simplified homeownership and rental opportunities, investor yield generation
BlackFrog
BlackFrog addresses the demand for critical minerals by pre-financing small-scale mining operations through loans, bonds, and commodity-backed stablecoins. This initiative supports the renewable energy transition and integrates small-scale miners into the business ecosystem.
- Focus: Financing small-scale mining operations
- Impact: Increased supply of critical minerals, yield-bearing stablecoins
Orobo
Orobo digitizes the circular economy by providing solutions for sustainability reporting, RWA tokenization, digital twins, and carbon credits. Its digital product passports enhance compliance and traceability for building owners and real estate managers.
- Focus: Digital layer for the circular economy
- Impact: Improved sustainability reporting and asset management
Auvo Digital
Auvo Digital’s no-code identity management platform offers secure identity and verifiable data solutions for businesses. It addresses occupational and certification fraud through compliance simplification and reusable KYC/AML solutions.
- Focus: Identity management platform
- Impact: Enhanced business compliance and streamlined onboarding
Details on the Transition
The IOTA Tenity RWA Accelerator Program provides the six finalists with $50,000 grants, in-person sessions, mentorship, and tailored support for fundraising, go-to-market strategies, and networking. The program will culminate in a Demo Day on September 17th, ahead of Token2049, where the teams will present their projects to venture capital funds and the Web3 community.
Conclusion
The IOTA Tenity RWA Accelerator Program showcases six groundbreaking projects that are set to drive Web3 innovation. From on-chain private credit marketplaces to digital identity solutions, these projects are poised to make significant contributions to the IOTA EVM ecosystem. As they prepare for the upcoming Demo Day, the support and resources provided by the accelerator program will be crucial in their journey towards success.
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解説
- The IOTA Tenity RWA Accelerator Program supports innovative Web3 projects with financial grants and tailored mentorship.
- The six finalists offer solutions in RWA tokenization, digital identity, and sustainability reporting.
- Each project contributes to the growth and development of the IOTA EVM ecosystem.
- The upcoming Demo Day will provide these projects with exposure to venture capital and the broader Web3 community.