Konkrete
A project transforming real estate debt into blockchain tokens, democratizing investment and providing new capital, with €100 million in debt secured for tokenization by 2025.User Review
AI Review
A1
Reviewed on 25 Jul 2024 12:14 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.
Konkrete is focused on the integration of real estate debt on-chain, aligning with the goal of supporting RWA development on Arbitrum.
This program targets three key categories: Building, Research, and Awareness.
Konkrete falls under the 'Building - Deployment of RWAs' category, which is one of the key categories targeted by the RWAIG.
The 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.
Konkrete has already deployed a POC on Arbitrum and plans to deploy $2M of liquidity by September, indicating readiness for short-to-medium term deployment.
Potentially acting as a positive flywheel by attracting larger projects at first.
Konkrete has significant backing from notable Web3 angels and institutional investors, suggesting it has the potential to attract other large projects.
Ensuring quality and consistency in the development of the Arbitrum RWA ecosystem.
Konkrete is founded by experienced individuals from reputable backgrounds, ensuring quality in their project development.
Having a ‘guiding hand’ for projects aiming to deploy will enable tighter integrations between new and existing projects.
Konkrete’s collaboration with top real estate crowdfunding platforms and integration strategies indicate potential for tight integration with existing projects.
The first, is this general Gitcoin application round, open for all RWAIG candidates.
Konkrete qualifies for the general application round and aligns with the overall goals of the RWAIG initiative.
Following review of applications, select candidates will be invited to complete deeper diligence application regarding their specific funding track.
Konkrete has provided comprehensive information about their project, making it a strong candidate for deeper diligence application.
You may wish to save your application responses here to use again later.
Konkrete’s detailed and structured responses can be reused for subsequent application stages, if required.