Gaia
An investing platform enabling users to join top VC funds in profitable, environmentally-focused startups, democratizing access to climate impact investments.User Review
AI Review
A1
Reviewed on 14 Feb 2024 06:35 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
Without the date of project inception, it is not possible to determine if the project meets the 3-month 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 Gaia project, as an impact investing platform, has a clear focus on climate solutions by aiming to invest in climate startups which would contribute to the reduction of GHGs and support environmental positive impact.
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 provided data does not specify whether Gaia received funding in previous rounds or detail any progress made since then, making it impossible to assess if they meet this requirement.
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.
There is no information available on whether Gaia is a returning grantee or if they have an updated proposal addressing these specific points, thus it's unclear if they comply with this requirement.
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.
Gaia presents a credible proposal with a functioning website and is based on investing in climate solutions, which aligns with realistic and viable actions within the sectors of web3 technology and climate impact.