Aqaro

Implementing blockchain for real estate to make it more equitable and efficient, enabling decentralized financing, investment, and ownership decisions through a revenue-sharing DAO.
Application
Applied on: 15 Sep 2023 11:26 AM
Rejected
User Review
AI Review
A1
Reviewed on 15 Feb 2024 06:21 AM
Projects in this domain should introduce novel blockchain protocols, consensus mechanisms, or architectural enhancements. Clear documentation outlining the proposed protocol's technical details and potential benefits is required.
Aqaro seems to be introducing a DeFi Mortgage Protocol and NFT-based Fractionalization of Real Estate, which could be considered novel blockchain protocols tailored for the real estate domain. Assuming clear documentation is provided, this meets the required criteria.
Demonstrating the feasibility and potential impact of the new protocol through simulations or prototypes is preferred. The project should address potential challenges, risks, and mitigation strategies.
There is no mention of simulations, prototypes, or an analysis of potential challenges and risks addressed by Aqaro, thus it is uncertain whether this criterion is met.
Projects should introduce a technically innovative solution that addresses existing limitations or challenges in the blockchain space. Protocols that ensure a high degree of decentralization and propose mechanisms for effective on-chain governance are highly encouraged
Aqaro aims to address the real estate industry's accessibility and centralization issues through blockchain technology and includes a Decentralized Autonomous Organization (DAO) which aligns with the criterion of promoting decentralization and on-chain governance.
Join our telegram group for chat about the round with the fellow grant creators: https://t.me/ArbitrumonGitcoinGrantsFEST
There is no information available on whether the Aqaro creators have joined the specified Telegram group for discussion.