OpenWorld

OpenWorld is a decentralized derivative exchange that support trading cryptoassets and other synthetic financial assets in non-custodial way. OpenWorld facilitates trading by building an open-source and transparent financial protocol that matches trader with trading capabilities such as long, short, margin trading to liquidity investors who provide liquidity to take counter-positions against the active traders for yield and trading fee earning opportunity. Pricing in the platform is provided by Chainlink Oracles from leading centralized and decentralized exchange.

1. Technical Details: It would be useful to include more information about the technical details of the OpenWorld platform. This could include details about the smart contracts, the underlying blockchain infrastructure, and the specific technical challenges that the project team anticipates encountering. This information could help demonstrate the team's technical proficiency and provide insight into the challenges and opportunities associated with building a decentralized derivative exchange.
2. Market Analysis: A more detailed market analysis could provide valuable context for the project. For example, the team could provide more information about the current state of the DEX and DeFi markets, including growth projections, user demographics, and competition. By providing a clear understanding of the market landscape, the team can make a stronger case for why OpenWorld is necessary and how it will differentiate itself from existing projects.
3. Use of Funds: It would be helpful for the team to provide more detail about how they plan to use the grant funds. For example, the team could break down the costs associated with building the platform, including software development, marketing, and legal fees. This information could help demonstrate the team's financial acumen and provide transparency about how the grant funds will be used.
4. Project Timeline: A more detailed project timeline could help demonstrate the team's ability to execute on their vision. The team could provide a breakdown of the key milestones associated with building the platform, including development, testing, and launch. By providing a clear timeline, the team can demonstrate their understanding of the project's scope and the challenges associated with delivering a high-quality product.
5. Team Bios: While the application provides a general overview of the team's background, it may be helpful to include more detailed bios of each team member. This could include information about each member's specific area of expertise, past projects they have worked on, and their relevant experience in the blockchain and finance industries. By providing more information about the team members, the team can demonstrate their competence and experience in relevant areas.