Oxygenchain
Incentivizes eco-friendly waste treatment using IoT sensors and data transparency to reward compliance with environmental regulations.User Review
AI Review
A1
Reviewed on 14 Feb 2024 06:32 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
Although the precise age of Oxygenchain is not provided, there is sufficient evidence through their existing promotional materials, proof-of-concept video, and community engagement to suggest the project has been established for more than 3 months.
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.
Oxygenchain focuses on incentivizing transparency and accountability in waste treatment, which has a direct impact on environmental sustainability. The use of IoT sensors to monitor waste treatment processes addresses the reduction of GHGs by ensuring proper waste management and compliance with environmental regulations.
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 Oxygenchain has received funding in previous rounds, nor does it include progress reports since GR15 or the Alpha & Beta rounds. Therefore, it is unclear whether this criterion is applicable or if there is any progress to report.
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 does not detail an updated proposal or project update. There are no specific mentions of lessons learned or how additional funding will be used. An absence of a rough timeline indicates that this requirement may not have been met, but without more information, it is not possible to conclusively score this criterion.
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.
Oxygenchain presents a solution that is grounded in established technology such as IoT sensors for monitoring and incentivizing environmental responsibility, which is both credible and in line with the current understanding of web3 technologies and climate solutions. There are also tangible elements, such as a proof-of-concept video, that suggest a genuine intention to develop the project.