Our project creates value for the Web3 grants ecosystem by addressing three critical challenges:

Problems We Solve:
1. Token Dumping: A common issue with grant programs is that projects often sell off their grant tokens for immediate cash, undermining the program's mission to attract and retain value within the ecosystem. This practice contradicts the goal of strengthening the ecosystem through the use of native tokens.

2. Tokenization Barriers: Small projects struggle to tokenize without significant initial funding or liquidity.

3. Lack of Sustainable Revenue: Most projects applying for grants lack a clear path to sustainable revenue.


How We Solve These Problems:

1. Use Grant Tokens as Collateral: Instead of dumping the grant tokens, projects can use them as collateral to kickstart their Primary Issuance Market (PIM), enabling immediate tokenization.

2. Immediate Revenue Streams: PIMs enable projects to generate revenue from token activities from day one, creating a sustainable financial model. Unlike traditional setups where token activities primarily benefit third parties like exchanges and market makers, PIMs allow projects to capture the value generated by their own tokens.

3. Incentivizing Ecosystem Builders: This approach gives base layer tokens, like L2 tokens, a new utility as they now can act as an index of the value created within their respective ecosystem

This creates a more resilient and sustainable Web3 grants ecosystem.
