Jia
Jia leverages blockchain to offer affordable financing for MSMEs in emerging markets, addressing the $5 trillion unmet need and providing entrepreneurs with ownership to build long-term wealth.User Review
AI Review
A1
Reviewed on 29 Jun 2024 12:14 AM
Building - Deployment of RWAs
Jia is a decentralized lending protocol focused on deploying RWAs on Arbitrum. The project is already operational and has a clear go-to-market plan.
Funding Request ($USD)
The funding request of $40,000 is within the program's scope and appears reasonable given the scale and impact of the project.
What problem is your project solving in the RWA space?
Jia addresses a significant financing gap for MSMEs in emerging markets, utilizing decentralized capital and AI-powered risk assessment tools to solve key issues.
Explain how your project is different from others and will bring value to the RWA ecosystem on Arbitrum.
The project uniquely balances financial returns with social impact, leveraging Arbitrum’s capabilities to enhance scalability and security while providing a blueprint for mission-focused projects.
What stage of development is your project currently in?
Jia has been operational for two years, with a proven track record in Kenya and the Philippines. They are in the planning phase for implementing invoice tokenization, with a detailed roadmap for execution.
What is the target audience for this project?
The target audience includes crypto-native investors seeking sustainable yields and portfolio diversification into emerging markets. The project is designed to attract more capital for borrowers in these regions.
What are the roles and experiences of project team members?
The team is highly experienced, with backgrounds in financial services, credit products, and emerging markets. Notable members include Zach Marks, Cheng Cheng, Michael Dettmar, Mark Mwaniki, and Krizanne Ty.
How much funding has your project raised already?
Jia has raised $6.6M in capital, including $5.5M through equity and $1.1M through debt, showcasing strong financial backing.
Is this project already funded by other grant programs? If funded by any Arbitrum-related programs, please specify.
The project has not been funded by other grant programs, ensuring it is not receiving duplicate funding from Arbitrum-related sources.
Is the project aiming to deploy on Arbitrum in the short-to-medium term?
Jia aims to deploy on Arbitrum and utilize its Layer 2 rollup chain in the short-to-medium term, aligning with the program's goals.
Will the project attract larger projects and speed up the growth of the Arbitrum ecosystem?
With its focus on real-world impact and strong financial returns, Jia is positioned to attract investors and larger projects, fostering ecosystem growth.