Key Takeaways:
- KWARXS secures ₳300,000 ($170K) Project Catalyst grant.
- Uses “fluid NFTs” for fractional investment in real solar projects.
- Supported by Charles Hoskinson, with regulatory efforts underway in Dubai.
- Targets leadership in the $30 trillion real-world asset tokenization market.
KWARXS Secures Catalyst Funding to Power On-Chain Solar Revolution
KWARXS, a Cardano-based renewable energy startup backed by Cardano founder Charles Hoskinson’s support, has secured ₳300,000 (around $170,000 USD) from Project Catalyst to expand its blockchain-powered solar infrastructure. The milestone underscores KWARXS’ growing role as a real-world asset (RWA) pioneer in the Cardano ecosystem — bridging blockchain technology with tangible, sustainable energy generation.
Bridging Real-World Energy and Blockchain
Founded by solar industry veteran Sandro Gonzalez, KWARXS brings over 16 years of real-world experience to the crypto space. Gonzalez has developed more than 6 GW of solar capacity — enough to power 3.5 million homes annually — across Europe, Japan, and South America. His team’s mission is to democratize access to large-scale renewable energy projects by leveraging the transparency and efficiency of blockchain.
Also Read: How to Bridge Assets Between Blockchains
Through “fluid NFTs,” KWARXS enables fractional participation in real-world solar initiatives. Each NFT acts as a digital access point to a solar project, allowing participants to fund, monitor, and share in its on-chain performance. Revenues are distributed in ADA through smart contracts, ensuring full transparency and traceability.
Hoskinson Meeting and Growing Ecosystem Presence
Momentum is clearly building. KWARXS recently presented at global blockchain events including TOKEN2049 in Singapore and the Blockchain Futurist Conference in Miami. In Tokyo, Gonzalez met Charles Hoskinson to discuss renewable energy’s strategic role in Cardano’s broader sustainability ecosystem — signaling growing alignment between decentralized finance (DeFi) and climate-focused real-world applications.
Also Read: Cardano Founder Charles Hoskinson Sparks Controversy with Plan to Swap ADA for Bitcoin
Paving the Way for a $30 Trillion RWA Market
The Catalyst grant will fund the finalization of KWARXS’ smart-contract infrastructure, a CertiK audit, and regulatory preparations under Dubai’s Virtual Assets Regulatory Authority (VARA). With the RWA market expected to hit $30 trillion by 2030, KWARXS aims to position Cardano as a leader in climate-linked blockchain infrastructure.
“Our vision is to make institutional-grade renewable energy participation accessible to everyone, anywhere,” Gonzalez said.