ReCommon
Developing a web3 platform to facilitate community land acquisition and governance using regenerative design, innovative financing, and governance models for sustainable community stewardship and bioregional regeneration.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.
The project description indicates ongoing work and references progress since a previous grant round (GG18), implying that the project is at least 3 months old.
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.
ReCommon's mission to facilitate reclamation and stewardship of land for regenerative use, including bioregional governance and community development, aligns directly with climate solution goals of reducing GHGs through land stewardship.
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 project update since GG18 covers research on Commons Credit feasibility, legal structure explorations, and refining their implementation strategy, which demonstrates progress and accountability.
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.
The provided information mentions research and strategic updates but lacks detail on lessons learned and a clear outline of how additional funding will be used, along with a specific timeline for their project.
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 concept of a regenerative land trust, governed by a web3 platform, seems within the realm of viability for those familiar with web3 technology and climate solutions. The proposal demonstrates genuine intent and does not appear to be broadly considered an impossibility.