Atom Accelerator DAO (AADAO) Grant Announcement Card - in Blank
Team: Olly Moore
Amount Asked: $1,060,200
Status: Pending Review means we have received the application but have yet to decide on it. Pending Review

Pryzm Zone

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This grant will bridge the gap between the Pryzm mainnet beta and the launch of the Pryzm token. Built using the Cosmos SDK, Pryzm has been part of the builders program’s first cohort, collaborating closely with the team for over two years. We are strongly aligned with the success of ATOM, using it as our primary asset for gas fees, leveraging the LSM module, restaking ATOM to secure our chain, and enabling liquid voting with ATOM.

As we approach mainnet, our costs have increased significantly, and we would greatly appreciate support from the ATOM Accelerator to extend our runway. Although our delegators have graciously supported us, their contributions fall significantly short of covering our expenses. We believe Pryzm will greatly enhance the utility and yield of ATOM, and we kindly request assistance from the ATOM Accelerator for the next few months.

Team: Olly Moore
Current Status: Pending Review means we have received the application but have yet to decide on it. Pending Review
Funding Program: Regular Grants
Funding Category: ATOM as Interchain Money

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $1,060,200

Date Applied: Jul 27, 2024

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