iPal Network
A decentralized data marketplace enabling entrepreneurs, creators, and researchers to monetize, advertise data, and create trustworthy databases using new tools and smart contracts.Application
Applied on: 9 Aug 2024 01:35 PM
Rejected
User Review
AI Review
A1
Reviewed on 9 Aug 2024 02:01 PM
CollabTech project - organisations on-chain, evolution of B2B SaaS, network states tooling & DAO tooling, and future of work; projects advancing reputation, governance & decision making, operations (accounting, sales automation, inventory management, talent, etc), community, and contributor tooling!
The iPal Network project aligns with CollabTech goals, focusing on organizations on-chain, advancing data-driven decision making, reputation enhancement, and community-driven incentives using blockchain-enabled smart contracts.
Commercial viability or perennial Public Goods: projects addressing a clear need for a specific target user and with the ability to continue to deliver value over time (financial sustainability through business model and/or immutability)
The project addresses clear needs for researchers, entrepreneurs, and creators by providing tools to advertise & monetize data. Additionally, it plans on maintaining sustainability through a commission-based business model.
Maximum project development duration of 12 weeks (i.e. value delivered within 12 weeks)
The project outlines a timeline of various activities that can deliver value within 12 weeks, including dataset releases, interview rounds, and enabling data monetization.
Threshold: Projects must declare a “threshold” (minimum amount of funds needed to complete the project/feature/prototype and deliver value). Thoroughness in defining their threshold and feasibility (threshold within the range of match-funding available) will be key for approval into the round. Projects not able to attain the threshold (with combined donations + match funding), will not receive match funding but can still keep donations.
The project did not specify a minimum amount of funds needed to complete the project/feature/prototype, nor did it define a feasible threshold amount.
General Criteria: Incomplete, poorly structured, unfeasible, or otherwise poorly conceived applications will be rejected.
While the application is clear and well-structured, the lack of a defined funding threshold makes the feasibility of the project uncertain.