Alisa Davidson
Printed: Might 20, 2025 at 10:00 am Up to date: Might 20, 2025 at 4:16 am
Edited and fact-checked:
Might 20, 2025 at 10:00 am
In Temporary
Kadena has introduced a $50 million grant aimed toward advancing improvement of Chainweb EVM, RWA tokenization, and AI-powered blockchain options, inviting functions from builders, entrepreneurs, tasks, and establishments.
Public Layer 1 blockchain using proof-of-work, Kadena has introduced a $50 million grant initiative aimed toward advancing developments in its Chainweb Ethereum Digital Machine (EVM), real-world asset (RWA) tokenization, and blockchain options incorporating synthetic intelligence. This system invitations functions from builders, entrepreneurs, tasks, and establishments by way of an open-access portal, providing equity-free funding. This initiative builds upon Kadena’s scalable, low-fee, parallel-chain structure.
Of the overall funding, $25 million is allotted to help the compliant issuance of tokenized RWAs. Eligible tasks might embody tokenization of monetary devices comparable to debt, authorities bonds, and cash market funds, in addition to actual property and non-traditional belongings like artwork and collectibles. Kadena will supply a devoted token normal for RWAs, designed to allow regulatory compliance and implement permissions straight on-chain. Grant quantities shall be decided primarily based on the person scope of every mission, with evaluations carried out on a case-by-case foundation.
The remaining $25 million shall be directed towards functions constructed on Kadena’s EVM-compatible multi-chain atmosphere, with an emphasis on decentralized finance (DeFi), decentralized exchanges (DEXs), gaming functions, and integrations involving AI. Tasks using Solidity for good contract improvement are inspired to deploy on Chainweb EVM, the place they’ll benefit from excessive throughput, low transaction prices, and enhanced safety. Whereas Kadena’s native Pact language, designed for secure and auditable good contracts, stays accessible, the main target of this program is to increase help for Solidity-based improvement on the Chainweb EVM community.
“Our distinctive braided consensus mechanism, Chainweb, has been developed over the past six years. It’s solely now that we’ve expanded it to the world of EVM builders. They’ll be having fun with less expensive charges and quicker throughput than they might be used to on competing Layer 1s,” stated C.J. Freeman, Developer Relations at Kadena, in an announcement to MPost.
“We’re doing this whereas on the similar time not sacrificing safety, by way of a braided Nakamoto proof-of-work consensus. There are not any capital assault vectors, no PoS governance drama—simply proof-of-work {hardware} and unmatched safety,” he added.
Kadena Grant Seeks To Make Tasks “Self-Sustaining In Document Time”
AI-focused grants inside the program are meant to help tasks that combine AI with blockchain information. Potential areas of improvement embody instruments for automated good contract evaluation, on-chain predictive fashions, and AI-driven identification verification programs. The applying course of operates on a rolling foundation, permitting submissions at any time. The grants committee usually goals to finish preliminary evaluations inside two to 4 weeks. As soon as permitted, collaborating groups be part of an onboarding session to determine mission milestones, with funding distributed incrementally as every milestone is achieved.
Along with monetary help, chosen groups obtain entry to technical sources from Kadena’s enterprise improvement and options groups. This consists of steering on good contract improvement utilizing the Pact language, code evaluation help, and consumer interface suggestions. Assist is on the market upon request in addition to by way of ongoing engagement. Tasks may profit from promotional alternatives, comparable to being featured within the Grantee Highlight sequence, which incorporates written content material and social media visibility.
“We’re firing on all cylinders to verify dApps deployed below our grant program are supported to turn into self-sustaining in document time,” stated C.J. Freeman to MPost.
“Within the preliminary section, we work with our grantees to hone in on the long-term viability of the enterprise mannequin with our ecosystem staff. As soon as that’s established, we offer bespoke deployment help all through the constructing section. We then concentrate on co-marketing with our builders, making certain they’re cross-pollinated with dApps that may present a web profit to the Kadena ecosystem and help their self-sustainability,” C.J. Freeman added.
This initiative aligns with latest updates to Kadena’s roadmap, which embody the introduction of permissioning options to handle token flows and a revised governance construction aimed toward accelerating the evaluation and approval of proposals. Moreover, a quick bridge is in improvement to attach Kadena’s native token with Ethereum, with plans to increase help to exterior Layer 2 networks sooner or later.
Success for grant recipients shall be evaluated primarily based on measurable outcomes comparable to on-chain exercise, development in distinctive pockets addresses, and ranges of neighborhood engagement. The grant staff will actively observe developer enter and broader on-line sentiment to refine the help offered as wanted.
Generally, Kadena intends to again tasks that broaden the protocol’s adoption and ship sensible utility. The grant program performs a strategic position in shaping the continued improvement of Kadena’s scalable and safe blockchain ecosystem.
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About The Creator
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
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Alisa Davidson
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
Extra articles
