KWARXS, a Cardano-based platform enabling fractional ownership of real-world solar projects through “fluid NFTs,” has secured ₳300,000 (around $250,000) in funding from Cardano’s Project Catalyst. The grant strengthens KWARXS’ mission to make renewable energy investment accessible to everyday users, while placing Cardano at the center of climate-linked blockchain innovation.
Founded by renewable energy veteran Sandro Gonzalez, KWARXS builds on more than 16 years of experience in large-scale solar development. Gonzalez has helped deliver over 6 gigawatts of global solar capacity — enough to power 3.5 million homes — across Europe, Japan, and South America. He currently oversees solar firms in Spain and Germany that design, construct, and operate utility-scale solar parks.
KWARXS lets users buy NFTs tied to real-world solar projects, using blockchain for transparency and fractional participation. Revenues from these installations are distributed in ADA, Cardano’s native token, through smart contracts. Each claim is validated via a burn-and-remint mechanism that prevents double counting and ensures verifiable earnings on-chain.
The project has gained growing visibility across the blockchain community. It was recently showcased at TOKEN2049 in Singapore and the Blockchain Futurist Conference in Miami. In September, Gonzalez met Cardano founder Charles Hoskinson during Japan’s Tech 4 Impact event to discuss renewable energy’s expanding role within the Cardano ecosystem.
“Building on Cardano gives us an energy-efficient blockchain that aligns with our sustainability mission,” said Gonzalez. “Catalyst’s support validates our model and accelerates our expansion into new markets.”
The new funding will support final development of KWARXS’ smart-contract framework, a CertiK-led audit, and regulatory registration with Dubai’s Virtual Assets Regulatory Authority (VARA). The platform’s first operational solar assets are also being prepared for community participation.
With the real-world asset (RWA) tokenization market projected to exceed $30 trillion by 2030, KWARXS aims to position itself — and Cardano — as key players in bridging renewable energy and decentralized finance.
Read Also: OpenAI’s $38B Cloud Deal with Amazon Marks a New AI Infrastructure Era
Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here.
