Permet
Permet is creating an open-source, transparent toolkit that empowers fashion creators, ensures ethical production, and removes industry exploitation with blockchain technology.User Review
AI Review
A1
Reviewed on 14 Feb 2024 06:39 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The project description does not specify the exact age of the project 'Permet', rendering an assessment of its eligibility in terms of project age inconclusive without further information.
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.
Permet aims to build a regenerative and transparent garment production system that addresses both humanitarian and environmental issues in the fashion industry, contributing to a reduction in GHGs by diminishing overconsumption, waste and supporting ethical production practices.
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 report details specific progress since the alpha round, including the distribution of funds to supply chain participants, establishing an MVP supply chain, and the creation of a research publication. This demonstrates accountability and progress.
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 project description reflects an updated proposal with a mention of previous lessons learned, future use of funds, and a vision for the future of the project; however, it lacks a clear, rough timeline and detailed steps on how additional funding would contribute to specific upcoming goals.
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.
Permet presents a viable project that leverages blockchain technology for transparent and ethical fashion production. The goals stated are ambitious, yet within reach of current web3 technology applications, and the founders demonstrate a genuine intent to achieve these ends.