{"signature": "0xd29d3434702f538f16dc523bf9181e597feac9ff8f02dab282c6fa7cc9a9699413df0a3872ea4fb57f88829e47c3b1297f9fcd3530783a7e18db1d949b7a2db81b", "application": {"round": "0x523d76f39f6e6c7dd6a6707ed3b4490a386434a2", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "7+adraQP7UOFBTTgVDLoBgFoPZvvyhPKXjJ7RxbWce93qQGHNBkGdl0kX4DWc96J", "encryptedSymmetricKey": "e4b633754bf725ef76ae9ff15e3eadf39dddaa3ec451cda00997a87a74ace4c10425a5334c8545b5471733ccadf86a13b46f0ec509db557fe9740ce48191fb86b0239e5b9c88eb8b3e535198defde2de2f7ff9e4598124e0353e517c5de3d7b4688713b6ea1ab6badf18e2c082abf2f5622a794bdecb5164d824ea6db921f8470000000000000020f839639bd3f001399ebb561b675b7b937ab98b12f301a08a5b0d5504df4cd2270010f3a96a0473ddd1e053335f2f23ae"}}, {"type": "multiple-choice", "answer": "Building - Deployment of RWAs", "hidden": false, "question": "Which of the following RWAIG funding categories does your project fall under? ", "questionId": 1}, {"type": "number", "answer": "220000", "hidden": false, "question": "Funding Request ($USD) ", "questionId": 2}, {"type": "paragraph", "answer": "Our project addresses several key issues in the Real-World Asset (RWA) space:\n\nHigh Capital Requirements: Traditional real estate investments require substantial upfront capital, making it inaccessible to many potential investors.\n\nLimited Liquidity: Real estate and other tangible assets are inherently illiquid, making it difficult for investors to buy or sell quickly.\n\nLack of Transparency: Investors often face challenges in obtaining transparent and reliable information about the assets they invest in.\n\nComplex Compliance and Regulatory Barriers: Navigating different regulatory environments is complicated and costly, deterring potential investors.\n\nBy leveraging the Arbitrum Network, we aim to solve these problems through tokenization, which allows fractional ownership, enhances liquidity, provides transparent asset information, and simplifies compliance and regulatory processes.", "hidden": false, "question": "What problem is your project solving in the RWA space?", "questionId": 3}, {"type": "paragraph", "answer": "Innovative Tokenization of Real-World Assets (RWA):\nOur project uniquely tokenizes a wide range of real-world assets, including real estate, enabling fractional ownership and making these assets more accessible and liquid. This approach is more comprehensive and user-friendly than other solutions in the market.\n\nEnhanced Liquidity and Accessibility:\nBy allowing fractional ownership, we lower the entry barriers for investors, increasing market liquidity and providing greater investment opportunities. This democratizes access to traditionally illiquid assets, setting us apart from other platforms.\n\nTransparency and Compliance:\nWe provide transparent asset information and simplify compliance processes through advanced blockchain technology. Our platform ensures regulatory adherence and offers clear, reliable data, which is crucial for investor confidence and sets a new standard in the RWA space.\n\nIntegration with Arbitrum Network:\nLeveraging Arbitrum's high scalability and low transaction fees, our project ensures efficient and cost-effective transactions, enhancing the overall user experience. This integration not only showcases the strengths of the Arbitrum Network but also attracts a diverse group of investors and asset owners to the ecosystem.\n\nProven Track Record and Expert Team:\nOur team’s extensive experience in real estate, technology, and blockchain positions us uniquely to implement and scale this project successfully. We have already demonstrated success with initial tokenization listings and investment fees, highlighting our capability to deliver value to the Arbitrum ecosystem.\n\n\n\n\n\n\n\n\n", "hidden": false, "question": "Explain how your project is different from others and will bring value to the RWA ecosystem on Arbitrum. ", "questionId": 4}, {"type": "paragraph", "answer": "We are in beta, the site is launched and actively taking investments. ", "hidden": true, "question": "[Answer this if you have chosen Building - Deployment of RWAs, otherwise type N/A] What stage of development is your project currently in?", "questionId": 5}, {"type": "paragraph", "answer": "N/A", "hidden": true, "question": "[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?", "questionId": 6}, {"type": "paragraph", "answer": "N/A", "hidden": true, "question": "[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?", "questionId": 7}, {"type": "paragraph", "answer": "N/A", "hidden": true, "question": "[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.", "questionId": 8}, {"type": "paragraph", "answer": "N/A", "hidden": true, "question": "[Answer this if you have chosen Awareness, otherwise type N/A] Describe your awareness content piece and outline its structure in detail.", "questionId": 9}, {"type": "short-answer", "answer": "Real Estate Developers and Owners:  Who: Individuals and companies owning or developing real estate assets. Why: They benefit from tokenizing their properties, gaining access to a wider pool of investors and enhancing liquidity. Individual Investors:  Who: Retail investors looking for diversified and accessible investment opportunities. Why: Fractional ownership lowers the entry barrier, allowing them to invest in high-value real estate with smaller amounts of capital. Institutional Investors:  Who: Sovereign funds, family offices, and high net worth individuals. Why: They seek reliable, transparent, and regulated investment opportunities in the real estate sector. Blockchain Enthusiasts and Early Adopters:  Who: Individuals and entities interested in leveraging blockchain technology for investment and asset management. Why: They value the innovation and efficiency that blockchain brings to traditional asset markets. Financial Institutions:  Who: Banks, credit unions, and investment firms. Why: They can integrate tokenized real estate assets into their portfolios, providing new financial products and services to their clients.", "hidden": true, "question": "What is the target audience for this project? ", "questionId": 10}, {"type": "paragraph", "answer": "Mark Fidelman, Co-Founder & CEO:\n\nRole: Oversees strategic vision, business development, and overall leadership.\nExperience: Serial entrepreneur and commercial real estate broker with extensive experience in building and scaling businesses, particularly in tech, crypto, tokenization and marketing.\n\nGhassan Farajalla, Co-Founder & COO:\n\nRole: Manages operations, focusing on the Dubai office and international expansion.\nExperience: Expert in real estate and digitalized business development with a strong background in strategic execution and leadership.\n\nSid Belzberg, CTO:\n\nRole: Leads technology development and innovation.\nExperience: Developed patented financial technologies and led successful ventures in the financial markets, including a joint venture with the Chicago Board of Trade. \n\nJas Dhillon, CPO:\n\nRole: Heads product development, AI and user experience.\nExperience: Created billion-dollar products like Axon and Evidence.com, founded Zerodegrees.com, and sold it to IAC.\n\nCourtney Costello, Real Estate Specialist:\n\nRole: Provides expertise in real estate transactions and market trends.\nExperience: Sold over $100 million in real estate, leveraging her influence and knowledge to drive business growth.\nTyler Moynihan, Advisor/Business Development:\n\nRole: Drives strategic partnerships and business development initiatives.\nExperience: Former VP of Business Development at Real Estate powerhouse Zillow, bringing extensive experience in real estate and tech industries.", "hidden": true, "question": "What are the roles and experiences of project team members?", "questionId": 11}, {"type": "paragraph", "answer": "$450,000 ", "hidden": true, "question": "How much funding has your project raised already?", "questionId": 12}, {"type": "short-answer", "answer": "None", "hidden": true, "question": "Is this project already funded by other grant programs? If funded by any Arbitrum-related programs, please specify.", "questionId": 13}], "project": {"id": "0x92dbd31291409efcf63afa1d20a8dc1826396254c105389f02beca235464b10c", "title": "SmartBlocks Exchange", "logoImg": "bafkreiabauttzhksz6ufoel7wphwmh4b36pdvdptrf43ttt5g2dfubwpoi", "metaPtr": {"pointer": "bafkreicixmpebvuc6trrnqu3l5r77lzpe5hlkbopx2susnpbnzzx77tqmy", "protocol": "undefined"}, "website": "https://www.smartblocks.xyz", "bannerImg": "bafkreiez3vvu4mi7vwpzx7uzzmil4wqrxnagb4uuimmdgolntrft5gwvdq", "createdAt": 1720071567108, "credentials": {}, "description": "Project Overview:\nOur project aims to bring a new level of Real-World Assets (RWA) and tokenization to the Arbitrum Network. By integrating advanced tokenization of real estate and other tangible assets, we democratize investment opportunities, making them accessible to a broader audience.\n\nImpact:\nThe project will enhance the Arbitrum ecosystem by increasing liquidity, providing greater transparency, and lowering entry barriers for investors. It will attract new users to the network, driving adoption and showcasing the power of blockchain technology in transforming traditional asset markets. Our initiative will also establish Arbitrum as a leading platform for innovative asset tokenization solutions.", "lastUpdated": 0}, "recipient": "0x15a75FcAC177D836637D2aa215c13f0C6324ddd3"}}