M3tering Protocol
A protocol that incentivizes investment in solar energy to power underserved areas in Latin America and Africa, rewarding individuals and institutions for enabling decentralized solar power through rooftop installations.User Review
AI Review
A1
Reviewed on 14 Feb 2024 06:34 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The provided information does not specify the age of the M3tering Protocol project. An external check or more detailed project history is required to determine if the project meets the 3-month minimum age requirement.
The Grant must be primarily focused on climate solutions (the group may do other work but the grant proposal should be directly related to climate solutions). The proposal should explicitly outline how this project will help reduce GHGs or is an important core infrastructure for web3 climate solutions.
The M3tering Protocol clearly aims to drive capital investment in solar energy projects, a renewable energy source that helps reduce GHG emissions, and is focused on using web3 technology to achieve these goals. The proposal is directly related to climate solutions.
Grantees who received funding in previous rounds should report on project progress since GR15 or the Alpha & Beta rounds. We understand that some projects may have less progress given the timing of Alpha & Beta round disbursements. This will ensure accountability to supporters and also help encourage contributors by showing what you’ve been accomplishing.
The information provided does not indicate whether the M3tering Protocol received funding in previous rounds. If they did, progress reporting is necessary to meet this criterion.
All returning grantees are expected to update their proposal, in addition to project updates the proposal should include lessons learned from previous work and how they will use the additional funding from the upcoming round. The updated proposal should indicate how additional funding will help the project meet its goals, and include a rough timeline for the project overall.
It is not clear if M3tering Protocol is a returning grantee and whether they have provided an updated proposal that includes the required information about lessons learned, usage of additional funding, and a rough timeline.
There is a general expectation that projects are within the “realm of viability”. Even if a project may be at a very early stage, it still must seem credible to the average person with an understanding of web3 technology and climate solutions. Grantee founders must genuinely intend to build the project, and the project must not broadly be considered an impossibility.
The M3tering Protocol appears to be a viable project that leverages web3 technologies to facilitate solar energy investment in underserved regions. The proposal includes clear objectives and an outlined mechanism for operation, which seems credible and within the realm of possibility.