Do you Support Gorila Funds grant proposal?

Introduction

Gorilla Funds, in collaboration with Cashlink and Monerium, is seeking to build regulated vaults within Germany, providing a robust framework that once regulated, can be passported to other European nations. This initiative aims to allow investors seamless access to tokenized products within a securely regulated structure, enabling a harmonized flow from Monerium to Cashlink to Enzyme.

Objective

Build Regulated Vaults: Develop investment vaults in Germany that adhere to local and international regulatory standards. Enabling Passporting: Once regulatory approval is achieved in Germany, enable the structures to be utilised within other European jurisdictions. Seamless Financial Flow: Ensure a streamlined process that allows effortless transactions and financial flows from Monerium to Cashlink to Enzyme. Investor Access: Provide investors with access to tokenized products within a regulated and secure framework.

Grant Payment Structure

In recognition of the critical nature and complexity of the task, a funding request of 12,000 MLN is being proposed, with a structured payment plan to ensure milestone adherence and risk mitigation:

• Upfront Payment: 50% of the grant (6,000 MLN) will be provided upfront to facilitate the initial phase of the project, covering initial costs, resources, and regulatory engagement.
• Remaining Payment: The residual 50% (6,000 MLN) will be dispensed upon reaching the test milestone, which specifically pertains to the successful testing of the process flow from Monerium to Cashlink to Enzyme.

Full details of proposal here: https://www.notion.so/meloncouncil/Gorilla-Funds-16489f29c9fb442fa367d493166418f7?pvs=4