E Money Network launches $2 MILLION RWA Grant Program to spearhead RWA ecosystem
is an L1 blockchain that acts as a foundational network for building RWA projects. Apart from a developer-friendly SDK for customized features, it also has standard ready-made modules such as KYC verified onboarding, banking, staking, governance and more that can be incorporated directly into applications. The E Money Network supports interoperability with Inter-Blockchain Communication , allowing the development of applications that can communicate with other IBC-compatible blockchains.
E Money Network has built-in compliance modules including Know Your Customer , Know Your Ownership and Know Your Transaction to enable adherence to the upcoming Markets in Crypto Assets regulations. These features ensure that every entity and transaction in an application built on the E Money Network is also MiCA compliant by default.
Depending on the afore-mentioned factors, projects can become eligible to win grants ranging from $5000 to $50000 based on requirements and scale of the product. Additionally, E Money Network will also provide winners of the grant program access to mentorship from industry experts, legal and compliance support, marketing and growth support, networking opportunities with other RWA projects and E Money Network’s core developers. .
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