KNS Domains

KNS Domains

KNS domains on Polygon integrate web3 and carbon offsetting, enabling users to showcase carbon neutrality through minting domains that retire carbon credits and stake KLIMA tokens.
Application
Applied on: 20 Apr 2023 10:33 AM
Approved
User Review
AI Review
A1
Reviewed on 13 Feb 2024 04:29 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The project's age is not provided in the information supplied, thus an assessment cannot be made without further data regarding the commencement date of the project.
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 description explicitly details how KNS Domains will help reduce greenhouse gases through the retirement of BCT and staking of KLIMA tokens, indicating a primary focus on climate solutions.
Grantees who received funding in previous rounds should report on project progress since GR15 or the Alpha round. We understand that some projects may have less progress given the timing of Alpha round disbursements. This will ensure accountability to supporters and also help encourage contributors by showing what you’ve been accomplishing.
The information provided does not clarify whether the project received funding in previous rounds, nor does it provide a progress report, rendering it impossible to evaluate this criterion without additional data.
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 does not mention if the project is a returning grantee, and while there is information on the use of grant funding and a timeline, it is not possible to assess the completeness of an updated proposal or lessons learned without prior data for comparison.
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.
Based on the project description, KNS Domains operates within an existing framework of web3 technologies and climate action strategies such as carbon offsetting, which appears credible and feasible to an individual versed in these fields.
Grantees can be eliminated from consideration in the round if they are found to be encouraging or enabling Sybil attacks or other forms of malicious manipulation of the grants platform or the Gitcoin community.
There is no information presented that suggests the KNS Domains project is engaging in or encouraging malicious activities such as Sybil attacks; therefore, by default, this criterion is met unless evidence to the contrary is provided.