IOTA Foundation Selects Six Projects for IOTA Tenity RWA Accelerator Program

The IOTA Foundation has recently picked up six interesting projects for the IOTA Tenity RWA Accelerator Program. This is a collaborative effort between IOTA and

The IOTA Foundation has announced the selection of six projects for the IOTA Tenity RWA Accelerator Program, a collaborative initiative with Tenity, a Singapore-based global innovation ecosystem.

The chosen projects will be integrated into IOTA EVM, a Layer-2 platform compatible with the Ethereum Virtual Machine (EVM). They aim to advance Real World Asset (RWA) Tokenization, digital identity solutions, and digital product passports, catering to various sectors, including educational institutions, government bodies, enterprises, and retail users.

Participants in the Accelerator Program will receive $50,000 grants, in-person sessions, mentorship, and tailored support for specific needs, such as fundraising, go-to-market strategies, and networking opportunities.

The program will culminate in a Demo Day on September 17th, ahead of Token2049, where the teams will present their projects to venture capital funds and the Web3 community.

Here's a closer look at the six projects:

Qiro Finance: An on-chain private credit marketplace connecting fintech asset originators with on-chain investors, offering fixed yield opportunities. Catering to on-chain investors on the supply side and fintech originators on the demand side, Qiro provides global, cost-effective financing for asset originators and high yield for investors through robust credit underwriting. By providing distributed credit underwriting infrastructure, Qiro enhances the IOTA EVM ecosystem with institutional-grade RWA investment opportunities on-chain.

InvoiceMate: A decentralized invoice-financing infrastructure transforming traditional invoices into tokenized RWAs and enabling users to obtain on-chain private credit based on their invoices. This allows stakeholders in supply chains, trade logistics, and small and medium-sized enterprises (SMEs) to gain access to finance, while retail investors can earn yield and unlock growth and investment opportunities. With a proven track record of invoicing over $223 million invoicing value for over 2,000 businesses on its platform, InvoiceMate brings stablecoin investment opportunities to the IOTA EVM ecosystem.

The Real Lifestyle: Aiming to democratize property investments worldwide, The Real Lifestyle addresses the inaccessibility and unaffordability of home ownership and the rental economy. It provides users with simplified homeownership and rentals, while investors benefit from fractionalized ownership and the potential to earn yield. Through its revenue-generating products and property portfolios, The Real Lifestyle offers increased on-chain activity and Total Value Locked (TVL) to the IOTA EVM ecosystem via transactions and asset token staking.

BlackFrog: The transition into renewable energy will increase the demand for critical minerals like cobalt and copper, up by 300% by 2030. Industrial mines alone can’t meet this demand which makes small-scale mining essential to fill the supply gap. To bring the small-scale miners into the business scenario, the IotaOrigin project BlackFrog, seeks to address this issue by providing pre-financing through loans, bonds, as well as other commodity-backed yield-bearing stablecoins via its RWA launchpad.

BlackFrog holds a first-mover advantage in financing small-scale mines through the RWA launchpad, while the IOTA EVM ecosystem benefits from tradable yield-bearing stablecoins backed by commodities.

Orobo: Operating within the digital layer of the circular economy, Orobo digitizes the global transition towards a sustainable economy and the responsible use of resources. Its solutions are applicable to sustainability reporting, RWA tokenization, digital twins, carbon credits, and compliance, including Digital Product Passports for the built environment. Catering to building owners, producers of materials and products, and managers of real estate assets, Orobo helps them validate, valorize, and verify their products and materials. Orobo’s automated data collection system leverages IOTA EVM to extract and structure data from operations and supply chains.

Auvo Digital: AuvoID is a no-code identity management platform that makes secure identity and verifiable data solutions for all sorts of businesses, AuvoID has partnered with UNESCO, and other stakeholders to address occupational as well as certification fraud through compliance simplification and verifiable credential management.

Businesses and institutions benefit from faster deployment, reduced administrative times, lower costs, and streamlined onboarding while maintaining compliance. Additionally, AuvoID utilizes IOTA Identity and IOTA EVM’s fast and low-cost infrastructure to offer compliant, reusable Know Your Customer (KYC)/Anti-Money Laundering (AML) solutions and scalable, account-bound wallet verification.