Svim Finance
An AI-powered real-world asset marketplace bridging traditional finance and DeFi by tokenizing credit assets, offering stable yields for crypto investors, and ensuring robust risk management.User Review
AI Review
A1
Reviewed on 9 Aug 2024 12:16 AM
Building - Deployment of RWAs
Svim Finance is actively developing RWA products and liquidity pools, including credit asset tokenization and has plans to expand to Arbitrum in Q3.
Funding Request ($USD)
The funding request is reasonable at $3,000, which is a small portion of the $300k ARB allocation.
What problem is your project solving in the RWA space?
The project addresses inefficiencies and high costs in traditional financing for underserved asset owners by leveraging tokenization and DeFi.
Explain how your project is different from others and will bring value to the RWA ecosystem on Arbitrum.
The project aims to offer a global marketplace and protocol that aggregates assets and liquidity, differentiating it from other RWA projects.
[Answer this if you have chosen Building - Deployment of RWAs, otherwise type N/A] What stage of development is your project currently in?
The project is 90% completed in its first private credit tokenization product and has secured launch partners, aiming to launch on Arbitrum in Q3.
[Answer this if you have chosen Building - Strengthening Analytics, otherwise type N/A] How many Arbitrum users or projects (rough estimate) would benefit from the analytics you are providing?
The project did not choose the category related to strengthening analytics.
[Answer this if you have chosen Building - RWA Token Standards, otherwise type N/A] How will the standard make it smoother to deploy RWAs onto Arbitrum?
The project did not choose the category related to RWA Token Standards.
[Answer this if you have chosen Research, otherwise type N/A] Describe how your research will lead to reduced costs for projects aiming to deploy RWAs on Arbitrum.
The project did not choose the research category.
[Answer this if you have chosen Awareness, otherwise type N/A] Describe your awareness content piece and outline its structure in detail.
The project plans to build an AI assistant for user education and awareness, aligning with the RWA space’s goals.
What is the target audience for this project?
The target audience includes asset owners, RWA protocols, on-chain and off-chain investors, and the general crypto community.
What are the roles and experiences of project team members?
The team has extensive experience in banking, fintech, crypto, and blockchain, including notable companies like Amazon, OKX, and Citi.
How much funding has your project raised already?
The project has secured $250k from friends and family angel investors and plans to start a pre-seed round soon.
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 and is applying for the first time with this RWA innovation grant.