E Money Network has launched a$2million RWA grant program to foster innovation and development within the RWA blockchainecosystem,providing financial and mentorship support to eligibleprojects.
Points
- EMoneyNetworklaunchesa$2milliongrantprogramforRWAprojects.
- ThegrantaimstoacceleratethedevelopmentoftheRWAeconomy.
- Eligibleprojectswillreceivefinancialsupportandmentorship.
Bengaluru,India,July3rd,2024,Chainwire—E MoneyNetwork,a modular RWAblockchain,has announced the launch of the largest RWA grant program in the cryptospace,totaling$2million.This initiative aims to enable RWA projects to build on their blockchain and accelerate the development of the RWAeconomy.
ObjectivesoftheGrantProgram
The#BUIDLonEMNinitiative invites developer teams with disruptiveRWA-centricideas to build on the E Money Network and bring innovative solutions tolife.Applicants can submit Requests for Proposals（RFPs）detailing their ideas for RWAapplications.The$2million grant pool will be distributed as initial capital among eligibleprojects.
E MoneyNetwork’sCEORajBagadiemphasizedtheprogram’simportance:“TheRWAecosystemisinitsnascentstages,andbuildingtheRWAecosystemwithnumerousRWA-specificapplicationswillhelpshapeEMoneyNetwork’strajectoryandspearheadnewadvancementsforthewiderRWAecosystem.”
EvaluationCriteriaforWinningGrants
A group of technologyexperts,marketingprofessionals,and experienced community members will form the selection committee for reviewing grantapplications.Projects will be evaluated based on the followingcriteria:
1.Project’sobjective and scope
2.Anticipated impact of the project
3.Project’smilestones and KPIs
4.Expected budget
5.Teamdetails,includingroles,responsibilities,and prior experience
6.Product roadmap
Each proposal must include at least three milestones with measurable KPIs such as usergrowth,TVLincrease,transactionvolume,etc.
FinancialandMentorshipSupport
Depending on the aforementionedfactors,projects can become eligible to win grants ranging from$5,000to$50,000based on requirements and the scale of theproduct.Additionally,E Money Network will provide winners of the grant program access to mentorship from industryexperts,legal and compliancesupport,marketing and growthsupport,and networking opportunities with other RWA projects and E MoneyNetwork’scoredevelopers.
HowtoApply
For more information and to apply for the grantprogram,visit the E Money Network website or contact the head of marketing&branding,ShivanginiAgarwal,atmarketing@emoney.network.
AboutEMoneyNetwork
E Money Network is a regulated modular RWA blockchain designed for seamless interoperability between DeFi2.0and RWAtokenization,bridging the liquidity divide between Web2.0and Web3.0.
For moreinformation,visit:X|LinkedIn|Blogs|Whitepaper
For mediaqueries,contact:[marketing@emoney.network]（mailto:marketing@emoney.network）