{"signature": "0x6b3eb898c1aaad5e8528b4346b757d083e3da5e2bd7a558fb297ac398b1a422b77bf6b6b18394c9763b9a1cad253907f2f3fca2215f03557e7e08f3759036fe31c", "application": {"round": "0x523d76f39f6e6c7dd6a6707ed3b4490a386434a2", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "ZGn6CpdBGFhyvYT4ITDcM+yXFWjkxavYruvEmnLvcC18O/MkqFZaVJ6rAB99Y4EY", "encryptedSymmetricKey": "0a2dcbd1904a7b87b19f372ee1e33c1d1287e78efece52962541f8e78fe016cfaa10c7fcae9da2bd59923ad548087c167e867aaa2a6a28587d90d49e67a51d1cecb959573eb5a76cac596fd65af6be3ebffe2e40228f94a03385ee121484ffb01f734dcf58d3da7df163fa2528065cee90422aa738c86921d6b90900039bf09000000000000000209403bedba7c30b28b8f5e83f1cd0dc789fdf4f934f3a1c3aaa96a7617d958de24b38501b98151d673e475e61d15f1485"}}, {"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": "Isle Finance is the first RWA on-chain credit marketplace for supply chain finance. We\u2019re being built by strong partners like Celo, Chainlink and Outlier Ventures, and are preparing for our mainnet launch in September.\n\nIsle brings web3 instant liquidity to web2 supply chain fintech\nIsle Finance aims to resolve the liquidity and efficiency challenges faced by modern supply chain finance, which often struggle with fragmented financing and operational barriers. Our vision is to streamline this process by combining FinTech efficiency with decentralized finance (DeFi) principles to provide seamless, reliable liquidity solutions.\n", "hidden": false, "question": "What problem is your project solving in the RWA space?", "questionId": 3}, {"type": "paragraph", "answer": "Isle Finance uniquely contributes to the RWA ecosystem on Arbitrum by offering a platform that integrates blockchain with supply chain finance and achieves significant transaction volumes, with a target of $50M in TVL within the first year. With competitive APYs ranging from 8% to 15%, Isle is well-positioned in the APAC and SEA markets. It utilizes local insights and networks to tailor financial solutions to the nuanced needs of these regions, enhancing liquidity and accessibility in traditionally underserved markets.\n\nFor our milestones of the grant plan on Arbitrum:\n\nMilestone # 1: Integration and Launch on Arbitrum \nGrant: $10K\nGoals :\n- Integration and launch on Arbitrum completed\n- Publish lite paper\n- Finalize a third-party security audit \n- Timeline: 1 month\n\nMilestone #2: PoC loan volume on Arbitrum \nGrant: $15K\nGoals :\n- Achieve Proof of Concept (PoC) loan volume of at least $100K on Arbitrum One. \n- Timeline: 1 month\nHow to track progress: \n- Dune dashboard\n\nMilestone #3: Arbitrum growth\nGrant: $25K\nGoals :\n- Reach TVL of $500K and loan volume of $1M on Arbitrum One. \n- Timeline: 2 months\nHow to track progress: \n- Dune dashboard\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": "1. Isle Finance is currently running on a testnet.  \n2. Isle Finance has already secured two borrowing clients for PoC. \n3. The fintech company BSOS is deploying the Isle protocol SDK, indicating progress in development and integration within the financial ecosystem.", "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": "Isle Finance targets Web3 investors and fintech service providers' supply chain buyers. The go-to-market strategy leverages partnerships with fintechs to ease the learning curve for clients. ", "hidden": true, "question": "What is the target audience for this project? ", "questionId": 10}, {"type": "paragraph", "answer": "- Kevin Lin, the co-founder and CEO, who specializes in smart contract development; \n- Craig Kuo, the co-founder and COO, brings ten years of experience in software and Web3 startups; \n- Ethan Yang, the co-founder and CSO, has held significant positions in international financial institutions and has a strong strategic planning background at Matrixport; \n- Terrance Chen, the Tech Lead, has practical experience in blockchain technology development and has worked at major tech companies like Google; \n- Andrew Yen, the Marketing Lead, who has marketing experience with notable firms like Red Bull and ConsenSys.\n", "hidden": true, "question": "What are the roles and experiences of project team members?", "questionId": 11}, {"type": "paragraph", "answer": "$150000", "hidden": true, "question": "How much funding has your project raised already?", "questionId": 12}, {"type": "short-answer", "answer": "No", "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": "0xc7ff32899caf002df4fa1b57f95499849ba475b49e99f080a42f880b5be7bf6a", "title": "Isle Finance", "logoImg": "bafkreigieixlynlqhhmptmlgsa7h2klrkcl3tsn6eyt2sdcfjnkwu2pxum", "metaPtr": {"pointer": "bafkreichjkqhkuinwbfqgjvni55j566ga55kraipxoolmfnft7rclwckdi", "protocol": "undefined"}, "website": "https://isle.finance/", "bannerImg": "bafkreidpa2veddvmybkvxbgbhfms3ae56mmlqfutu3cccj4pkfso64krwm", "createdAt": 1722235332399, "userGithub": "isle-labs", "credentials": {}, "description": "Isle Finance is the first on-chain credit marketplace for supply chain finance. By connecting with high-credit supply chain buyers, Isle Finance ensures a robust verification process that enhances security for liquidity providers, guaranteeing the authenticity and quality of underlying assets. ", "lastUpdated": 0, "projectTwitter": "isle_finance"}, "recipient": "0xf7309f15eb6b0d56c01a81226f9fe97f7e0b5a33"}}