DNA NETWORK
Application
Applied on: 26 Jul 2024 09:01 AM
Pending
User Review
AI Review
A1
Reviewed on 27 Jul 2024 12:15 AM
Which of the following RWAIG funding categories does your project fall under?
The project falls under the 'Building - Deployment of RWAs' category, which is one of the targeted categories for funding.
Funding Request ($USD)
The funding request of $50,000 is deemed reasonable and within the potential capacity of the grant allocation.
What problem is your project solving in the RWA space?
The project addresses the critical issue of authenticating physical assets and preventing their fraudulent replacement, which is a significant problem in the RWA space.
Explain how your project is different from others and will bring value to the RWA ecosystem on Arbitrum.
The project offers a unique 'AI Mapping' technology that involves developing hardware, smart contracts and AI algorithms for authenticating physical assets, potentially significant for the Arbitrum ecosystem.
What stage of development is your project currently in?
The project has completed the development of hardware, smart contracts, and AI algorithms, indicating it is advanced and ready for deployment.
What is the target audience for this project?
The target audience includes both Web2 and Web3 users, such as luxury goods companies, traditional enterprises, antique inspection agencies, DeFi and RWA ecosystem builders, which broadens the potential user base for the project.
What are the roles and experiences of project team members?
The project team members include individuals with significant expertise in machine vision, blockchain technology, and extensive experience in the industry, adding credibility and capability to the project's success.
How much funding has your project raised already?
The project has already raised $140,000, indicating initial validation and support.
Is this project already funded by other grant programs?
The project is not funded by other grant programs, particularly not by any Arbitrum-related programs, which may be a consideration for eligibility criteria.