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E Money Network Launches Major RWA Grant Program

E Money Network introduces a $2 million RWA grant program to foster innovation and development within the RWA blockchain ecosystem.
Published on 2024-07-03

E Money Network's Innovative RWA Grant Program

E Money Network, a leading modular RWA blockchain, has unveiled a significant $2 million grant program. This initiative aims to empower RWA projects, fueling the growth of the RWA economy by enabling developers to build on their blockchain.

Architecture and Capabilities

E Money Network serves as a foundational L1 blockchain, offering a developer-friendly SDK for customizable features. It includes standard modules like KYC onboarding, banking, staking, and governance, which can be seamlessly integrated into applications. The network's interoperability through Inter-Blockchain Communication (IBC) supports communication with other IBC-compatible blockchains, enhancing its utility.

Compliance and Regulation

With built-in compliance modules, E Money Network ensures alignment with the upcoming Markets in Crypto Assets (MiCA) regulations. This includes KYC, KYB, and KYT features, ensuring all entities and transactions on the network are compliant by default.

Objectives and Grant Distribution

Part of the #BUIDLonEMN initiative, this grant program encourages teams with innovative RWA ideas to submit proposals. The $2 million fund is allocated as initial capital to qualifying projects, fostering the development of RWA-centric applications.

Evaluation and Support

A committee of technology and marketing experts, along with community members, will evaluate applications. Criteria include project scope, impact, milestones, budget, and team experience. Grants range from $5,000 to $50,000, depending on the project's requirements. Winners receive mentorship, compliance support, and networking opportunities with industry experts.

Application Process

Developers interested in joining the #BUIDLonEMN initiative can apply through the grant application form and connect via E Money Network's Discord channel. Successful applicants will be informed of their status and next steps.

About E Money Network

As a regulated Modular RWA blockchain, E Money Network bridges the gap between DeFi 2.0 and RWA tokenization. It aims to connect Web 2.0 and Web 3.0 liquidity, establishing a robust and interoperable blockchain ecosystem.

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