KWARXS Secures ₳300,000 (US$250,000) Funding From Cardano’s Project Catalyst To Expand Its Blockchain-Based Solar Investment Platform

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Representational image. Credit: Canva

KWARXS, a Cardano-native platform that connects users to real-world solar energy projects through fractional “fluid NFTs,” has received ₳300,000 (approximately $250,000 USD) in funding from Cardano’s Project Catalyst. This grant represents a major step forward in KWARXS’ mission to make renewable energy investment accessible to everyone while strengthening its position as one of the most practical and impactful real-world asset (RWA) projects within the Cardano ecosystem.

The platform was co-founded by renewable energy expert Sandro Gonzalez, who brings more than 16 years of experience in large-scale solar project development. Throughout his career, Gonzalez has overseen over 6 GW of installed solar capacity across Europe, Japan, and South America—enough to supply electricity to approximately 3.5 million homes each year. He currently leads two solar energy companies based in Spain and Germany that focus on the design, construction, and operation of utility-scale solar parks.

KWARXS allows individuals around the world to participate in renewable energy generation through blockchain technology. Its platform issues NFTs that serve as digital access points, enabling investors to fund, own, and benefit from real-world solar projects. Revenue generated from these installations will be distributed in ADA through transparent and automated smart contracts, ensuring that all transactions are permanently recorded on the Cardano blockchain. To maintain accuracy and transparency, the system incorporates a burn-and-remint mechanism that verifies every revenue claim.

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The project has been gaining visibility and recognition across the global blockchain and renewable energy sectors. The KWARXS team recently showcased its technology at major events such as TOKEN2049 in Singapore and the Blockchain Futurist Conference in Miami. In September, co-founder Sandro Gonzalez met with Cardano founder Charles Hoskinson at Tech 4 Impact in Japan to discuss the growing role of renewable energy within the Cardano network and the potential for broader sustainability integration.

“Our vision is to make institutional-grade renewable energy participation accessible to everyone, anywhere,” said Gonzalez. “By building on Cardano, we gain the benefits of a secure, energy-efficient blockchain that aligns perfectly with our sustainability goals. The support from Project Catalyst validates our direction and gives us the momentum to accelerate product development and global expansion.”

The newly secured funding will be used to complete key milestones, including the finalization of KWARXS’ smart-contract framework, a comprehensive audit led by blockchain security firm CertiK, and ongoing efforts toward regulatory approval from Dubai’s Virtual Assets Regulatory Authority (VARA). Additionally, the team is preparing its first operational solar assets for community participation.

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As the real-world asset tokenization market is projected to reach $30 trillion by 2030, according to Security Token Market via CoinDesk, KWARXS aims to position both itself and the Cardano blockchain at the forefront of climate-focused digital innovation. By merging blockchain transparency with renewable energy investment, the company envisions a future where global citizens can directly contribute to and benefit from the clean energy transition.

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