{"signature": "0x18d045250b7823da18349b30b166f3e329a075311c7838ad43e9e68d24034b667781dea2667bc477688de9a19196e11a7b7c755c70ec55b15d597617b6a5ae541c", "application": {"round": "0x523d76f39f6e6c7dd6a6707ed3b4490a386434a2", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "dv7K5CDV1Lz1/gbWKQzYyq+QrhY1egxTLNooNH18hXc=", "encryptedSymmetricKey": "b7516cb320528705c7669004e8bd0eaf893c8a13c7361ada44a2f045a5348081e432a6554ab363dce09c22f12bc6090450a3a49895b5add20c03132ce146bcda6ff6bb7d1bdf51746123b89930c6b86e56a6452c51ff9e8c389cb48a9d4c9d8a670a454435a4030e41a50a8bc24007773fe6262af515c4f269df6f27b2b6394d00000000000000209dc7f539baad3951073a998d46e7e521e3c232007666cbe6563906b773d76d5b02ded42167174e91a00c1877add17f88"}}, {"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": "50000", "hidden": false, "question": "Funding Request ($USD) ", "questionId": 2}, {"type": "paragraph", "answer": "Access to U.S. stocks, equities, and ETFs is often restricted by geographical and economic barriers, leaving many individuals and businesses outside the traditional financial systems. The lack of fractionalized investment options further limits small-scale investors from participating in high-value assets and asset-based services like borrowing and yield generation. Additionally, traditional finance (TradFi) systems impose high brokerage fees and maintain exclusivity, hindering equitable investment opportunities.", "hidden": false, "question": "What problem is your project solving in the RWA space?", "questionId": 3}, {"type": "paragraph", "answer": "Dinari addresses these challenges by enabling global access to these assets through on-chain transactions with user-friendly fiat on/off-ramping and stablecoin gas payments, or via our distribution partners. Our platform not only facilitates fractionalized buying but also democratizes asset-based services, reducing the fees and exclusivity typical of traditional brokers. Dinari is thus paving the way for a more inclusive and fair financial future.", "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": "Dinari issues ERC-20 tokens, each backed 1:1 with U.S. equities, securities, ETFs, and similar assets. This approach enables a direct and transparent representation of these financial instruments on the blockchain. The use of the ERC-20 standard ensures compatibility and accessibility on a global scale, allowing diverse market participation.\nThese tokens offer programmability and composability, key features that facilitate their integration into the decentralized finance ecosystem. This functionality allows for new forms of financial interactions such as fractional ownership and enhanced liquidity options for investors. Dinari\u2019s product thus provides a bridge between traditional financial assets and the evolving landscape of decentralized finance, catering to a broader range of investors.", "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": "Anyone who trades stocks, wants to trade stocks, or fintech developers", "hidden": true, "question": "What is the target audience for this project? ", "questionId": 10}, {"type": "paragraph", "answer": "Team Members:\n-Gabriel Otte, CEO (cofounder/CEO/CTO of Freenome) - https://www.linkedin.com/in/gabrielotte/\n-Chas Rampenthal, CLO (15+ years as General Counsel at LegalZoom, ex ClearChannel, US Navy) - https://www.linkedin.com/in/chasramp/\n-Jake Timothy, CTO (8+ years at Northrop Grumman) - https://www.linkedin.com/in/jake-timothy/\n-Brandon Ooi, CPO (cofounder/CTO of Crunchyroll, ex Samba TVStripe/Yahoo/HOTorNOT) - https://www.linkedin.com/in/brandonooi/\n-Garrett Wong, CFO (ex Shutterfly, HP, UBS) - https://www.linkedin.com/in/garrettwong/\n-Cedric Han, Engineering Lead (cofounder of Cruncyroll, ex Yahoo/Tumblr) - https://www.linkedin.com/in/cedrichan/\n-Young Kim, Head of Engineering (ex CrunchyRoll) - https://www.linkedin.com/in/y-kim/\n-Matthew Eisner, Head of Product & Growth (ex Samba TV/Algorand/NTT DATA/Startupbootcamp/Touch Surgery/Hackster.io/etc) - https://www.linkedin.com/in/matteisn/\n-+ an additional 10 Full Time employees", "hidden": true, "question": "What are the roles and experiences of project team members?", "questionId": 11}, {"type": "paragraph", "answer": "$10M seed from\nInvestors: 500 Global, SIG Susquehanna, Version One Ventures, Balaji Srinivassan, 3K VC, Alchemy, Sancus Ventures, Alliance DAO, etc", "hidden": true, "question": "How much funding has your project raised already?", "questionId": 12}, {"type": "short-answer", "answer": "We are finalizing another Arbitrum grant. We had applied to STIP but it seems like they shifted the grant to another program without informing us.", "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": "0x1291b07d6f5cab702f3a26f8c7e538cc84d9fbfb416893ef6872f7cef02e0de0", "title": "Dinari", "logoImg": "bafkreibrm6nlpfyset64qvskaanv6owky32h4je4pkf4utwixrrzfw7qc4", "metaPtr": {"pointer": "bafkreibmxkjy4ovuddi7udaky5woqxozktojgcjfwszojfjmhyclxvp4li", "protocol": "undefined"}, "website": "https://dinari.com", "bannerImg": "bafkreialu4zcii3yyzv7u5hrouw6xs6auaj2zmanycgzsn7vfydlrhlc5i", "createdAt": 1718805530617, "userGithub": "dinaricrypto", "credentials": {}, "description": "\"dShares are tokenized securities issued by Dinari Inc, a US company and an SEC registered transfer agent. dShares are offered under Reg S registration exemption and therefore, are not offered to US citizens and residents. dShares offer streamlined exposure to US securities like COIN, TSLA, AAPL, US Treasuries, SPY and more. Dinari has partnered with FINRA approved clearing houses such as Alpaca Securities to make sure that every dShare is backed 1-1 with the US securities (for example, for every TSLA.d issued, a TSLA stock is purchased by Dinari to back it). dShare holders will receive dividends distributed to the underlying shares in the form of onchain stablecoin, USD+ which makes it financially equivalent to the shares themselves. All dShares can be redeemed for the market price of the underlying stock. dShares APIs are for any regional neobank, crypto trading app, fiat on-/off-ramp, etc outside of the United States that want to seamlessly offer tokenized US Shares, ETFs, REITs (dShares) exposure to their users. Our current API partners have integrated with Dinari to offer dShares millions of users including companies like Fasset, Cadana, Xade and more. \n\nTeam Members:\n-Gabriel Otte, CEO (cofounder/CEO/CTO of Freenome) - https://www.linkedin.com/in/gabrielotte/ \n-Chas Rampenthal, CLO (15+ years as General Counsel at LegalZoom, ex ClearChannel, US Navy) - https://www.linkedin.com/in/chasramp/ \n-Jake Timothy, CTO (8+ years at Northrop Grumman) - https://www.linkedin.com/in/jake-timothy/  \n-Brandon Ooi, CPO (cofounder/CTO of Crunchyroll, ex Samba TVStripe/Yahoo/HOTorNOT) - https://www.linkedin.com/in/brandonooi/  \n-Garrett Wong, CFO (ex Shutterfly, HP, UBS) - https://www.linkedin.com/in/garrettwong/\n-Cedric Han, Engineering Lead (cofounder of Cruncyroll, ex Yahoo/Tumblr) - https://www.linkedin.com/in/cedrichan/  \n-Young Kim, Head of Engineering (ex CrunchyRoll) - https://www.linkedin.com/in/y-kim/  \n-Matthew Eisner, Head of Product & Growth (ex Samba TV/Algorand/NTT DATA/Startupbootcamp/Touch Surgery/Hackster.io/etc) - https://www.linkedin.com/in/matteisn/  \n-+ an additional 7-8 employees\n\nCompliance and Legal Progress:\nSEC Transfer Agent Registration: Received in 2022\nFINRA Clearing Houses Partnership: Alpaca Securities and FinCEN registered in 2023\nFINRA Broker Dealer NMA: Dinari Securities registered in 2024\nDinari Ltd: Off-shore entity in Bermuda established in 2024\"", "lastUpdated": 0, "projectGithub": "dinaricrypto", "projectTwitter": "DinariGlobal"}, "recipient": "0xAdFeB630a6aaFf7161E200088B02Cf41112f8B98"}}