re.al
The project is a permissionless Layer 2 using Arbiturm Orbit to tokenize real-world assets (RWAs) and create a unique DeFi ecosystem for these assets.User Review
AI Review
A1
Reviewed on 4 Aug 2024 12:17 AM
The RWAIG is a 2-month initiative, in partnership with Gitcoin, that aims to support the development and integration of RWAs on the Arbitrum network.
re.al is dedicated to the tokenization of real-world assets (RWAs) on Arbitrum, aligning well with the primary aim of the initiative.
With a funding allocation of 300k ARB, the program targets three key categories: Building, Research, and Awareness.
re.al falls under the 'Building - Deployment of RWAs' category, explicitly targeting one of the key categories of the program.
This program is specifically aiming to target more “advanced” projects with a product and technology that could deploy on Arbitrum in the short-to-medium term and help kick-start the ecosystem.
re.al has already launched its mainnet and has $52M in initial TVL, indicating an advanced stage of development and the ability to deploy on Arbitrum promptly.
By partnering with experts from top RWA-focused projects like Chainlink, Securitize, PV01, Libre Capital, Centrifuge, and RWA.xyz, the RWAIG ensures quality and consistency in the development of the Arbitrum RWA ecosystem.
re.al's commitment to creating a robust RWA ecosystem and its unique community-owned model promises quality and consistency in line with the RWAIG's goals.
Moreover, having a ‘guiding hand’ for projects aiming to deploy will enable tighter integrations between new and existing projects.
re.al’s strategy to engage with and onboard multiple RWA projects aligns with the goal of tighter integrations and ecosystem growth.
The application process will follow two phases. The first, is this general Gitcoin application round, open for all RWAIG candidates.
re.al is applying in the general Gitcoin application round as required, with detailed documentation provided.
Following review of applications, select candidates will be invited to complete deeper diligence application regarding their specific funding track.
This criterion cannot be fully evaluated at this stage as it depends on the next phase of the application process.
Specific eligibility criteria are: 1.
The final specific eligibility criteria are not entirely clear from the provided details. However, re.al appears to meet general expectations and goals.