Endangered Tokens DAO: Endangered Trees as ReFi Biodiversity Assets & Public Registry

Endangered Tokens DAO: Endangered Trees as ReFi Biodiversity Assets & Public Registry

Creating a regenerative economy through web3 NFTs, Endangered Tokens DAO incentivizes the protection of endangered trees by tokenizing them, offering rewards for their verification, and in turn converting them into revenue-generating biodiversity assets.
Application
Applied on: 12 Aug 2023 05:10 AM
Approved
User Review
AI Review
A1
Reviewed on 14 Feb 2024 06:18 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The project description and the work completed, such as three official expeditions to the 'El Hual-Hual' forest and development of the VR experience, indicate that the project has been active for longer than 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's focus is on tokenizing endangered trees to incentivize their protection and regeneration, aligning with climate solution goals such as biodiversity preservation and potentially carbon sequestration, thereby contributing to the reduction of greenhouse gases (GHGs).
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 has provided a thorough progress report, including updates on the virtual reality experience, the ENTS DAPP development, and various engagements and milestones achieved since previous funding 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 submission details how past funding has been spent, outlines several ongoing and future projects, and suggests that additional funding will be utilized for further development and expansion of the initiative. However, the project could be more explicit about the lessons learned from previous work and provide a more detailed timeline.
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's achievements and ongoing development of web3 applications for biodiversity conservation are within the realm of viability and demonstrate a clear intention by the grantee founders to build and expand their project.