In line with the mission to bolster the rapidly growing ecosystem, Coreum is thrilled to announce the launch of its Wave 4 Grant Program, with a distinct focus on Artificial Intelligence (AI) projects. This wave of grants aims to onboard innovative AI solutions that can leverage blockchain Coreum technology to solve real-world problems both in and out of Web3. As AI systems become more complex and handle increasingly sensitive data, ensuring that the underlying processes are trustworthy is crucial. The blockchain provides a decentralized, immutable ledger that can record, transact, and make easier to audit and verify AI outputs. With Coreum, these processes can take on Smart Token features, ISO 2022 Compatibility, and IBC Interoperability.
Emphasizing AI in Blockchain
The Wave 4 Grant Program is designed to attract groundbreaking AI projects that can integrate seamlessly with blockchain technology. Here are the specific categories of interest for this grant wave:
- Data Analytics: Projects that utilize AI for advanced data analysis, providing insights and driving informed decision-making within the blockchain space.
- Decentralized AI Marketplace: Platforms that create a marketplace for AI models and data, enabling decentralized access and exchange of AI resources.
- AI-driven Predictive Analytics for DeFi: Solutions that use AI to predict trends and movements in DeFi markets, enhancing real-time decision-making and risk management.
- Decentralized ID Verification with AI: Implementations that leverage AI for secure and efficient identity verification processes, ensuring privacy and reducing fraud.
Additional Project Ideas
Coreum is also looking for projects in the following areas:
- DeFi (AMMs, Lending, Borrowing): Projects that innovate within the decentralized finance space, particularly those focused on Automated Market Makers, lending, and borrowing platforms.
- Tokenization: Solutions that facilitate the tokenization of assets, making them easily tradable and increasing their liquidity.
- Oracles: Tools that provide reliable external data to blockchain applications, ensuring the accuracy and trustworthiness of information.
Judging Criteria
To ensure the highest standards and the most impactful projects, Coreum’s Grant Program will evaluate submissions based on the following criteria:
- Idea: The project must fit within the specified categories and showcase a unique, innovative approach.
- Demo/MVP/POC: Evaluation of the project’s demo, Minimum Viable Product, or Proof of Concept to assess feasibility and functionality.
- Team: The expertise and experience of the team members will be crucial in determining the project’s potential for success.
- Vision: Projects should have a clear go-to-market strategy and demonstrate a vision for future growth and impact.
- Business Plan: The project should have a sustainable business model that ensures long-term viability and self-sustainability.
Funding and Support
Details regarding the funding amounts and support mechanisms will be provided to selected projects. Coreum aims to provide not just financial backing but also mentorship and resources to help projects succeed.
Key Dates
- Grant Wave 4 Applications Open: June 13th, 2024
- Grant Wave 4 Applications Close: September 15th, 2024
- Project Selection Rolling Basis: August 14th-September 14th, 2024
Coreum believes in the power of community-driven innovation. The Coreum Wave Grants aim to provide a platform for visionaries to bring their ideas to life, thereby contributing to a more open, decentralized, and inclusive digital future.
For those interested in being a part of this wave, mark your calendars and ensure your submissions are in by September 15th, 2024.
Apply Now
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About Coreum
Coreum, the world’s first Superledger. A 3rd-generation, layer-1 blockchain architected for enterprises of any size, from startups to large corporations. Providing a remarkable transactional speed of up to 7,000 TPS and ISO20022 compliance ensures expedient and economical transactions across a swift and secure PoS network.
Website: coreum.com
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