Kokonut Network; Perpetual Value Ecosystem
Developing a blockchain cooperative for funding and managing coconut farms, connecting web3 with agriculture for eco-friendly, perpetual natural asset opportunities.User Review
AI Review
A1
Reviewed on 14 Feb 2024 06:13 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The project description includes updates ranging from August 2023 to November 2023, indicating that the project has been operational for at least three 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.
The project aims to establish a blockchain-based cooperative to develop and manage coconut farms, which can be considered as aligned with reducing GHGs and offering a sustainable agricultural model that contributes 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 proposal provides a detailed list of updates and progress since its last round of funding, thus meeting the criteria of reporting on project progress since previous rounds.
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 proposal outlines several updates, a streamlined roadmap for 2024, and introductions to new components like the Kokonut DAO Constitution and Research Papers, which implies lessons learned and plans for the use of additional funding.
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 project leverages established concepts such as DAOs and blends them with agricultural development. Its goal to organize, finance, and oversee coconut farms in partnership with local communities seems credible and is supported by an extensive update on progress and future plans, demonstrating genuine intent and viability.