Hello, my name is satoriape 
and I work in biz dev at DwellFi. Below please find our draft grant proposal for integration of the Ajna protocol into the DwellFi platform to create the ability to permissionlessly borrow against private fund positions (venture capital, real estate, private equity, hedge funds, etc.)
DwellFi
Request
Receiving Address: 0x1C30B4A46704c9341f8Fb67b812aCBDA19B131ad
AJNA Amount: 1,500,000
Applicant and Team Information
Applicant Name: DwellFi
Email: kumar@dwell.fi
About you and/or the team: DwellFi is a SaaS ai/tokenization platform focused on modernizing private fund administration. Built by a 15-person veteran team from Punchh, Citadel, Stanford PHD prior running AI/ML at Nike
Additional Links: https://dwell.fi
Project Information
1. What is it? The grant proposal will fund the integration (UI/support/maintenance/marketing) of the Ajna Finance protocol into the DwellFi platform. It will also fund development of an ERC-1155 wrapper for use of dNFTs with the Ajna protocol.
2. What problem is being solved, how? The creation of borrowing/lending markets against private fund positions (venture capital, real estate, private equity, hedge funds, etc.). DwellFi tokenizes these funds as security token offerings (STOs) in the form of dynamic NFTs. DwellFi provides back-end efficiencies to fund administrators by utilizing artificial intelligence to parse through the data. Once the net asset values are calculated in a more efficient and frequent manner, the STO’d products can then be borrowed against on-chain.
3. How will this project be a source of growth or success for Ajna? Please include a step-by-step summary of how you imagine the completed project will affect Ajna. Real world assets (RWAs) such as STOs can’t really be brought on-chain in a fully permissionless fashion. Due to the regulatory environment, and back-end/real world database tokenization, DwellFi is permissioned platform. However, we believe in being as decentralized as possible. We would like the ability to offer permissionless borrowing on these products through Ajna Finance. The borrowing/lending markets on these products do not really exist yet. Our mission is to drive the space forward. We think that a relationship between DwellFi and Ajna would be symbiotic, and that the Dwellfi platform will end up driving TVL to the AJNA protocol over the long-term.
4. What is/are the objective(s)? To offer permissionless borrowing/lending on private fund positions. We plan to sleekly integrate the Ajna protocol into the DwellFi platform to give investors a simple and permissionless way to borrow against their private fund positions.
5. What is/are the deliverable(s)? The grant will fund a front-end integration into the Dwellfi platform as well as fund build of an ERC-1155 wrapper for use of dNFTs with Ajna protocol. Time-frame would be roughly 2 months (1-2 devs).
6. What is the timeline for completing the deliverables? The DwellFi platform has already been built. The timeframe for the Ajna protocol integration would be Q3 2024.
7. What level of support do you anticipate needing through the duration of the project? We will create an ERC-1155 wrapper for utilizing dNFTS with the Ajna protocol, as well as integration into Dwellfi’s front-end UI. We don’t expect to receive much support on the build, but it might save some costs if there are devs (Anja/MOM devs?) already working on an ERC1155 wrapper.
8. How often will progress reports be published to the forum? We will plan to publish progress reports on at least a Monthly basis.
9. What are the estimated costs associated with the full completion of this project? We are asking for 1,500,000 AJNA to cover the costs of the integration and ERC1155 wrapper with residual funds going toward marketing, support, and maintenance.
10. If applicable, How will the project be maintained after completion of the grant? We will aim to provide maintenance, support, and marketing for the Ajna partnership over the long-term.
Additional Information
11. How will you handle a delay in your project timeline? We would update the community regarding any delays in a timely manner. We plan to keep the community updated on the Ajna integration and full launch timeline through our social media channels.
12. How will you handle a scenario where the project can’t be completed due to insufficient funding or other factors? We would update the community in a timely manner. DwellFi is currently closing a seed round and we don’t expect this to be an issue. If the Ajna integration happens to be insufficiently funded, it is possible that we might ask for follow-on funding in a future epoch to cover costs. If for some reason we find out the project cannot be completed correctly, we will send the tokens back immediately.
13. How will you handle a scenario where the project is completed, but significantly under-budget? We would use any residual funds for marketing, support, and maintenance. If the residual funds are excessive, we will most likely offer them as a rewards program on our platform.
