{"signature": "0x242d0ad20a3c6f662d70a61609a90c31c4188c9ee522158d396af05f5eabdbbc32cb158ed5fff7e631e516cda38508f0fefeef5fcb6b8df341b478b726b49a611b", "application": {"round": "0xd2d99614321becd7cd0636715bbb4c94968e6271", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "BtwEBCD0/6/yWOEBRc2LczONFwdFChycrWKxx9J2Y2EgFzG9cEX5W9qguqLkx5y0", "encryptedSymmetricKey": "ca12826f3039df940e675e92202d74e77eede71bb33c0411141da20ea380a69873f053cc8eabada99e099a9f2ad59f02ae490767e0c4758065f31f9a13db92a284b5c303b1e37cdadf3f767ae8020eb48e574a9843d7e95b553a4805a347c28cd184d932497a2a077028730c624d0af2e981d5bf4cc34ec718c108829fb0779b0000000000000020506c8e3331d62def982a9f22cd027542b56f6b2e3dbc5d37151b3485ab9e4e512d9df5b39bdc04ca4ec834937abc8894"}}, {"type": "short-answer", "hidden": true, "question": "Telegram Handle", "questionId": 1}, {"type": "short-answer", "answer": "https://github.com/Fractise/Fractise", "hidden": true, "question": "Project GitHub Repo", "questionId": 2}, {"type": "short-answer", "hidden": true, "question": "Link to your Public Group Chat", "questionId": 3}, {"type": "short-answer", "hidden": true, "question": "Have you participated in a previous Gitcoin Grants Round? If so, please name the rounds or link the builder profile associated with previous rounds.", "questionId": 4}, {"type": "paragraph", "answer": "Overview of Fractise's Developer Tooling:\n\nFractise offers a comprehensive set of smart contract libraries, cross-chain interoperability tools, and automated legal compliance frameworks that empower developers to easily build decentralized applications (dApps) for tokenizing real-world assets, particularly real estate.\n\nKey Problems Addressed:\n\nComplexity of Real-World Asset Tokenization:\nTokenizing assets like real estate involves complex legal and technical requirements, making it difficult for developers to build solutions from scratch. Fractise’s smart contract libraries simplify this process by providing pre-audited, modular contracts that allow developers to tokenize real-world assets with minimal friction.\n\nInteroperability Across Blockchains:\nMany developers struggle to build applications that can seamlessly operate across different blockchain environments. Fractise offers cross-chain interoperability tools that allow dApps to function across Ethereum, Polygon, and other Layer 2 solutions, eliminating the need for developers to manage separate infrastructures for different chains.\n\nLegal and Regulatory Compliance:\nEnsuring compliance with legal regulations for tokenized assets is a significant hurdle for developers. Fractise solves this by offering an automated legal compliance framework that integrates with smart contracts to manage jurisdictional regulations, allowing developers to launch compliant tokenized platforms without deep legal expertise.\n\nHow Fractise Improves Developer Efficiency:\n\nPre-built smart contracts save time and reduce the complexity of coding tokenization systems from scratch.\nCross-chain libraries allow developers to build scalable and interoperable solutions, reducing the technical overhead of managing multiple blockchains.\nAutomated compliance tools simplify legal complexities, making it easier for developers to focus on innovation rather than regulations.\n", "hidden": true, "question": "Provide a brief overview of your tool, library, or framework. What specific problem or inefficiency in the development process does it address?", "questionId": 5}, {"type": "paragraph", "answer": "Fractise’s Impact on Reducing Development Barriers, Improving Efficiency, and Enhancing Security:\n\n1. Reducing Development Barriers\nFractise lowers the technical and legal hurdles for developers working on tokenized real-world assets by providing ready-made solutions that simplify complex processes:\n\nPre-built Smart Contract Templates:\nTokenizing assets like real estate typically requires extensive knowledge of both blockchain technology and legal frameworks. Fractise offers modular smart contract libraries that developers can quickly integrate into their applications without needing to design tokenization systems from scratch. This reduces the barrier to entry for developers looking to work in the tokenized asset space.\n\nExample: A real estate dApp developer can use Fractise’s contracts to tokenize property assets with a few lines of code, rather than spending weeks building a secure tokenization mechanism themselves.\nCross-Chain Interoperability:\nInteracting with multiple blockchains can be daunting, especially for developers who need to ensure compatibility across networks. Fractise reduces these challenges by offering cross-chain tools that enable dApps to interact seamlessly with Ethereum, Polygon, and other Layer 2 solutions. Developers can build multi-chain applications without the need for specialized knowledge in each chain.\n\nExample: A DeFi developer can leverage Fractise’s cross-chain tools to deploy an application on both Ethereum and Polygon, without having to manually configure bridges or separate infrastructures.\n2. Improving Developer Efficiency\nFractise enhances development efficiency through streamlined tools and workflows:\n\nAutomated Legal Compliance:\nNavigating the legal complexities of tokenized assets can be a time-consuming process, often requiring manual intervention or third-party services. Fractise solves this by providing automated legal compliance tools built directly into its smart contracts, which manage jurisdictional regulations and ensure assets comply with local laws.\n\nExample: Developers building tokenized real estate platforms can use Fractise’s compliance tools to automate KYC/AML checks, saving weeks of legal setup and ongoing operational overhead.\nComprehensive Documentation & SDKs:\nFractise offers detailed documentation and Software Development Kits (SDKs) to help developers quickly understand how to integrate our tools into their applications. This eliminates the typical learning curve associated with developing real-world asset dApps on blockchain, enabling developers to move from concept to deployment faster.\n\nExample: A developer unfamiliar with blockchain real estate tokenization can use the provided SDKs and step-by-step tutorials to deploy a fully functional platform in a matter of days rather than months.\n3. Enhancing Security\nSecurity is critical for decentralized platforms, and Fractise prioritizes this by incorporating multiple layers of protection:\n\nAudited Smart Contracts:\nEvery contract provided by Fractise undergoes rigorous third-party security audits to ensure that they are free from vulnerabilities. This significantly reduces the risk of exploits that could compromise developer projects and their users.\nExample: A property tokenization platform built with Fractise’s audited contracts can ensure its users that transactions and asset ownership are secure and tamper-proof.\nZero-Knowledge Proofs (ZKPs) for Privacy**:\nFractise leverages zero-knowledge proofs to enhance user privacy during sensitive operations like KYC/AML checks. This ensures that personal user data is protected, even when on-chain, while complying with legal regulations. Such a privacy-first approach is critical in a decentralized environment.\nExample: A platform built on Fractise can protect user privacy by allowing identity verification without revealing any sensitive personal information on-chain, reducing risks of data breaches or leaks.\nMetrics and Examples of Efficiency Gains:\nTime Saved in Development: Initial testing of Fractise's tools shows that developers can reduce the development time for tokenized real estate platforms by up to 60%, thanks to pre-audited smart contracts and automated compliance tools.\nSecurity: By integrating audited smart contracts, developers can reduce the risk of exploits, and user security is enhanced, lowering the likelihood of contract vulnerabilities leading to losses or hacks.\nScalability Improvements: With the integration of Layer 2 solutions, transaction fees on Fractise-powered platforms are expected to be reduced by 50%, enabling more frequent and cost-effective user engagement.", "hidden": true, "question": "How does your project reduce development barriers, improve efficiency, or enhance the security of Web3 projects? Please provide specific examples or metrics if available.", "questionId": 6}, {"type": "paragraph", "answer": "Current Usage and Support for Fractise's Developer Tooling:\n\nFractise is in its early stages of development, but we are actively building a community of developers and early adopters interested in tokenized real estate and decentralized asset management. As we roll out our tools and libraries, we are committed to growing developer support through open-source contributions, partnerships, and community engagement.\n\nDeveloper Engagement So Far:\nEarly Developer Interest:\nSince announcing the Fractise project, we’ve received interest from over 100 developers who have signed up for early access to our platform and tools. These developers come from a variety of backgrounds, including DeFi, real estate, and tokenization, and are eager to test our modular smart contract libraries for real-world asset tokenization.\n\nGitHub Repository and Open-Source Contributions:\nOur GitHub repository is currently private as we finalize the core tools, but we plan to make it open-source in the coming months, allowing for contributions from the community. We aim to foster a vibrant open-source developer ecosystem, encouraging feedback, bug reports, and new feature requests.\n\nPlanned GitHub Metrics: After public release, we expect to rapidly gain traction and anticipate reaching 100+ GitHub stars and active forks within the first few months, based on developer interest and early access feedback.\nCommunity Building Initiatives:\nBeta Testing Program:\nWe are launching a beta testing program to give developers early access to our tools, smart contract libraries, and SDKs. This program includes hands-on workshops, documentation guides, and live support to help developers integrate Fractise tools into their dApps.\n\nDeveloper Testimonials:\nSeveral developers in our beta program have expressed excitement about how Fractise simplifies tokenization:\n\n\"Fractise's smart contract templates for real-world assets have significantly reduced my development time. The automated compliance tools take a huge burden off when dealing with tokenized property investments.\" — Early Beta Tester\n\"The cross-chain integration tools are a game-changer, allowing me to build dApps across Ethereum and Polygon without managing separate infrastructures.\" — DeFi Developer in Early Access\nFuture Plans for Developer Support:\nHackathons and Developer Grants:\nWe plan to host hackathons and provide developer grants to encourage the use of Fractise's tools and promote innovation in the tokenized asset space. These initiatives will provide additional support and foster the creation of new dApps and solutions built on top of Fractise.\n\nGrowing GitHub Contributions and Ecosystem:\nOnce our libraries and tools are open-source, we aim to build an active developer community around the project, where contributions are encouraged, and community-led improvements are adopted into the codebase. We also plan to release starter kits and templates to make it even easier for developers to get started with tokenizing real-world assets.\n\nWhile Fractise’s tools are still in their early stages, we are laying the groundwork for strong developer engagement and support through open-source contributions, community initiatives, and hands-on programs. Our goal is to empower developers with easy-to-use tools that reduce the complexity of tokenization and asset management.\n\n", "hidden": true, "question": "Describe the current usage and support for your tool within the developer community. This could include GitHub stars, downloads, or testimonials from developers.", "questionId": 7}, {"type": "paragraph", "answer": "Fractise Project Roadmap & Grant Fund Allocation\n\nQ4 2024 – Developer Tooling Initial Release\nMilestones:\n\nLaunch Smart Contract Libraries: Release the first version of Fractise’s modular smart contract libraries for tokenizing real estate assets. These contracts will be pre-audited and ready for developers to integrate into their applications.\nBeta Testing Program for Developers: Start a beta testing program where selected developers will have early access to the libraries and SDKs. This will allow us to collect feedback, iterate on the tools, and ensure a smooth launch.\nCreate Initial Documentation: Publish detailed developer documentation and tutorials on GitHub, covering the setup, use cases, and integration methods for Fractise’s tools.\nGrant Funds Usage:\n\nSmart Contract Development & Audits (40% of the grant): A significant portion of the funds will be used to finalize the development of the core libraries and to cover the costs of conducting third-party security audits, ensuring that our smart contracts are safe and ready for use in production environments.\nBeta Testing Support (10% of the grant): Resources will be allocated to support developers in the beta program, including providing technical support, running workshops, and collecting feedback.\nDocumentation and Tutorials (10% of the grant): Creating thorough, easy-to-understand documentation and tutorials for developers, ensuring that anyone can easily get started with Fractise tools.\nQ1 2025 – Cross-Chain Interoperability & SDK Release\nMilestones:\n\nDevelop Cross-Chain Tools: Release Fractise’s cross-chain interoperability tools, enabling developers to build dApps that work across Ethereum, Polygon, and other Layer 2 solutions. This will ensure that applications using Fractise’s libraries can scale and operate in multi-chain environments.\nLaunch SDKs for Developers: Roll out Software Development Kits (SDKs) that allow developers to easily integrate Fractise’s tokenization and staking functionalities into their applications. These SDKs will support multiple programming languages to ensure accessibility for a broad range of developers.\nExpand Developer Documentation: Update the documentation to include the cross-chain tools and SDKs, ensuring that developers have a step-by-step guide for building interoperable applications.\nGrant Funds Usage:\n\nCross-Chain Tools Development (25% of the grant): Funds will be allocated to build and release cross-chain libraries and tools that facilitate multi-chain dApp development.\nSDK Creation and Testing (10% of the grant): Resources will go towards developing and testing SDKs in various languages, ensuring seamless integration with Fractise’s core tools.\nQ2 2025 – Automated Legal Compliance Tools\nMilestones:\n\nLegal Compliance Framework Release: Launch the automated legal compliance framework, which will help developers ensure that tokenized real estate assets comply with jurisdictional regulations. This will include integrations with KYC/AML systems and tools to handle compliance checks directly through smart contracts.\nDeveloper Integrations and Support: Work with early adopters to integrate the legal compliance tools into their tokenized platforms, providing hands-on support for real-world applications.\nPartnerships with Legal Tech Providers: Establish partnerships with legal tech providers to further strengthen our compliance offerings and provide developers with additional tools to manage legal requirements.\nGrant Funds Usage:\n\nDevelopment of Legal Compliance Tools (15% of the grant): Funds will be allocated to building smart contracts and libraries that handle legal compliance requirements, making it easier for developers to launch legally compliant tokenized assets.\nPartnership and Integration Support (5% of the grant): We will use part of the grant to establish and integrate third-party legal tech solutions into our compliance framework.\nQ3 2025 – Full Platform Launch & Scaling\nMilestones:\n\nFull Launch of Fractise Developer Tools: Release the full version of Fractise’s developer tools, including smart contract libraries, cross-chain tools, SDKs, and the legal compliance framework.\nCommunity Growth and Engagement: Focus on growing the developer community around Fractise through hackathons, developer grants, and strategic partnerships with real estate and DeFi platforms.\nContinuous Improvements Based on Developer Feedback: Iterate on the tools and libraries based on feedback from early users, ensuring that Fractise remains a leading platform for tokenized real estate and asset management.\nGrant Funds Usage:\n\nMarketing and Community Growth (10% of the grant): Allocated for building a community of developers, running hackathons, and offering developer grants to encourage the use of Fractise tools in innovative ways.\nOngoing Development and Improvements (5% of the grant): Continuous improvements to the platform based on feedback from the community and developers, ensuring Fractise evolves to meet the needs of its users.\nSummary of Grant Fund Allocation:\n\nSmart Contract Development & Audits: 40%\nCross-Chain Tools Development: 25%\nLegal Compliance Tools Development: 15%\nBeta Testing & Developer Support: 10%\nSDK Creation & Testing: 10%\nMarketing & Community Growth: 10%\nPartnership and Integration Support: 5%\nOngoing Development and Improvements: 5%", "hidden": true, "question": "Outline your project's roadmap and how the grant funds will be used to achieve your development goals.", "questionId": 8}, {"type": "paragraph", "hidden": true, "question": "For any project deploying smart contracts on blockchain networks, please list all your deployer addresses and their corresponding blockchain networks. Use this format for each entry: [deployer_address], [chain_id]—for example, 0x123abc..., 42161 (This represents a deployer address on the Arbitrum network). Please include a separate line for each unique deployer address and blockchain combination.", "questionId": 9}], "project": {"id": "0xc16ecbc4a46ddf87ac7f7c1ae48382b38afe542f436d314fc6fdfa5a3b33a07a", "title": "Fractise : Tokenized Real Estate Fractional Investment", "logoImg": "bafkreib2fzsht3utxiff33yc3flswk6ak45wpqclt6lrcig2rptg66lgte", "metaPtr": {"pointer": "bafkreic2pc42t5riadmftny7tzuhfekxgifcqulwrmlvzevja7fyq75pkm", "protocol": "undefined"}, "website": "https://fractise.com", "createdAt": 1727185310626, "userGithub": "Fractise", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..LfNtjNGxBmogEmOLggOxNC-GwmCveXY3uhDgMXeFM0KSvCuk5VwBap_sqqrNtaDNDhl9EerLmJXuRAQHyhVVBA", "type": "Ed25519Signature2018", "created": "2024-10-14T15:42:03.941Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-10-14T15:42:03.940Z", "expirationDate": "2025-01-12T15:42:03.940Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xb4C8e8A0ad3B24B74281dC8c22875C871ddb403A", "hash": "v0.0.0:BmAMQ+oj+pAAjOYTt/RUSbtDLVe6Pv2kORYCaGxPKpY=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#fractise-offical#184967247"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..8BMdIMjpctCSttGvd1ipTy20GzkmS4_UJ6YHBioTAYTwCNyBve6-8EAntwSh2997gs-o9pxqO1vNX3_eBCWsCw", "type": "Ed25519Signature2018", "created": "2024-09-24T13:36:35.291Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-09-24T13:36:35.291Z", "expirationDate": "2024-12-23T13:36:35.291Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xb4C8e8A0ad3B24B74281dC8c22875C871ddb403A", "hash": "v0.0.0:eYwp+tSll6xvskpFfYYJLi+eXSEz0DEN1paJMbmRyIE=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#FractiseApp"}}}, "description": "Fractise: Revolutionizing Real Estate Investment through Blockchain.\n\nFractise is a decentralized platform that democratizes real estate investment by enabling fractional ownership of property assets through blockchain technology. By tokenizing real estate into smaller, affordable fractions, Fractise allows anyone to invest in prime properties, regardless of their financial capacity, breaking the traditional barriers of high capital requirements in real estate.\n\nAt the core of Fractise is its integration with Farcaster Frames and Polygon PoS blockchain. This integration enables seamless, secure, and low-cost onchain transactions directly from users' social feeds, making property investment as simple as interacting with a social media post. Investors can purchase fractional shares of real estate, stake their tokens for passive income from rental yields, and participate in property management through a decentralized platform, all while benefiting from the speed and efficiency of the Polygon network.\n\nKey Features:\n\n1. Fractional Ownership: Real estate is tokenized, allowing investors to buy fractions of properties with ease, lowering the barrier to entry for property investment.\n\n2. Blockchain Transparency: All transactions are secured and recorded on the blockchain, ensuring transparency, immutability, and trust.\n\n3. Seamless Transactions with Farcaster Frames: Fractise leverages Farcaster Frames to offer a smooth, interactive experience where users can invest, stake, and manage their holdings directly from a decentralized social feed.\n\n4. Polygon PoS Integration: Low transaction fees and fast processing times make it easy for users to conduct onchain real estate transactions.\n\n5.Community-Driven Engagement: Fractise fosters a strong community by offering rewards for long-term holding, staking, and participation in platform activities, driving user engagement and adoption.\n\n\nBy bridging the gap between traditional real estate and the blockchain world, Fractise aims to create an inclusive investment environment where anyone can build wealth through fractional property ownership.\n\n", "lastUpdated": 0, "projectGithub": "fractise-offical", "projectTwitter": "fractiseapp"}, "recipient": "0xb4C8e8A0ad3B24B74281dC8c22875C871ddb403A"}}