Glo Dollar
Glo Dollar is a stablecoin that combats poverty by donating its reserve income to GiveDirectly, aiming to use a $20 billion market cap to lift one million people out of poverty.User Review
AI Review
A1
Reviewed on 15 Feb 2024 02:12 PM
Web3 Open Source Software Round Eligibility
Project Glo Dollar appears to meet the general program policy and seems eligible for the specific Gitcoin grant round as per the details provided.
To be eligible for this grant round, projects must meet the general program policy and the following specific requirements:
Glo Dollar meets the general program policy and specific requirements as it is open-source, has recent GitHub activity, and is focused on the Web3 ecosystem.
Open Source: The project must be open-source.
The project is stated to be open-source with smart contract code on GitLab and source code for its dApp on GitHub.
Recent Activity: There must be meaningful GitHub activity within the past 3 months, demonstrating ongoing work aligned with the project's mission.
The GitHub activity for user 'gglucass' shows 30 commits in the past 3 months, and 'glo-wallet' also shows 30 commits, indicating ongoing work aligned with the project's mission. However, 'Glo-Foundation.github.io' only has 4 commits, which may or may not be meaningful depending on the context of changes.
Web3 Focus: The project should primarily aim to develop or advance the broader Ethereum and/or Web3 ecosystem
Glo Dollar is integrated with the Ethereum blockchain and aims to develop a stablecoin to support people in extreme poverty, which advances the wider Web3 ecosystem through innovative use-cases for cryptocurrency.