#BUIDLonEMN: E Money Network’s $2 Million Grant Program for Promising RWA Projects
Dear developers
Lend us your ears for we’ve got a piece of super exciting news for you! 😁
As a part of its #BUIDLonEMN initiative, E Money Network has launched a $2 million grant program for developing the RWA economy with exciting applications.
We invite developer teams with disruptive RWA-centric ideas to build on the E Money Network and bring innovative solutions to life. Applicants can submit Requests for Proposals (RFPs) detailing their ideas for RWA applications here. Selected projects will receive a grant from the $2 million grant pool as initial capital for spearheading their development.
Evaluation Criteria for Winning Grants
A group of technology experts and marketing professionals from E Money Network, and experienced community members will form the selection committee for reviewing grant applications. Applications to the grant program will be evaluated on the basis of the following criteria -
- The project’s objective and scope
- The anticipated impact of the project
- The project’s milestones and KPIs
- Expected budget
- Team details including roles, responsibilities and prior experience of each team member
- Product roadmap
Each proposal must include at least three milestones with measurable KPIs such as user growth, TVL increase, transaction volume, etc.
Depending on the afore-mentioned factors, you can become eligible to win grants ranging from $5000 to $50000 and more, based on requirements and scale of the product. The more details about the project your proposal has, the better your chances of getting selected for a grant.
Additionally, E Money Network will also provide winners of the grant program access to mentorship from industry experts, legal and compliance support, marketing and growth support, networking opportunities with other RWA projects and E Money Network’s core developers.
How to Apply
If you are an interested developer, you can join the #BUIDLonEMN initiative by filling out the grant application form here and joining E Money Network’s grant channel on Discord. After the submission of the application, the selection committee will evaluate your project. We will notify successful applicants to the grant program with further instructions. We will also notify unsuccessful applicants with the reason for our rejection.
We look forward to getting our inbox flooded with grant applications! Stay tuned for more updates.
For more info — read FAQs
https://docs.google.com/document/d/1ZafKDBRbjHFkPRpblDyaynQ49TWpGq5ZtXCx1l5q5Xo/edit
