E Money Network Introduces 2 Million RWA Grant Program to Lead RWA Ecosystem

E Money Network, a modular RWA blockchain, has announced the launch of a groundbreaking grant program in the crypto space, with a total value of $2 million. This initiative aims to support RWA projects in building on their blockchain and accelerating the development of the RWA economy.

E Money Network serves as an L1 blockchain that provides a strong foundation for the development of RWA projects. In addition to a developer-friendly SDK for customized features, it offers standard ready-made modules such as KYC verified onboarding, banking, staking, governance, and more, which can be seamlessly integrated into applications. The network also supports interoperability with Inter-Blockchain Communication (IBC), allowing applications to communicate with other IBC-compatible blockchains.

Moreover, E Money Network has incorporated compliance modules including Know Your Customer (KYC), Know Your Ownership (KYB), and Know Your Transaction (KYT) to ensure adherence to upcoming regulations. This feature ensures that all entities and transactions within applications built on the E Money Network are MiCA compliant by default.

As part of its #BUIDLonEMN initiative, E Money Network is inviting developer teams with innovative RWA-centric ideas to apply for grants and build on the network. The $2 million grant pool will be distributed as initial capital among eligible projects.

Raj Bagadi, CEO of E Money Network, stated, “The RWA ecosystem is in its early stages, and building it with numerous RWA-specific applications will help shape E Money Network’s trajectory and drive new advancements for the wider RWA ecosystem. Hence, we are launching the largest grant program to enable the next generation of entrepreneurs seeking to rebuild the financial markets with RWA applications.”

The selection committee will evaluate grant applications based on criteria such as the project’s objective, anticipated impact, milestones, budget, team details, and product roadmap. Eligible projects can receive grants ranging from $5,000 to $50,000 based on their requirements and product scale. Winners will also receive mentorship from industry experts, legal and compliance support, marketing and growth support, networking opportunities with other RWA projects, and access to E Money Network’s core developers.

Developers and builders interested in applying for the grant program can fill out the grant application form and join E Money Network’s grant channel on Discord. Successful applicants will be notified and provided with further instructions.

E Money Network is a regulated Modular RWA blockchain designed for seamless interoperability between DeFi 2.0 and RWA tokenization, with the goal of bridging the liquidity divide between Web 2.0 and Web 3.0.

For more information, users can visit the E Money Network LinkedIn, blogs, and whitepaper. For media queries, contact [email protected]

Contact:
Shivangini Agarwal
Head of Marketing & Branding
E Money Network
[email protected]