ECORISE
ECORISE is an AI-driven platform for green real estate investment, offering a marketplace for projects focused on regenerative finance, empowering users with membership perks and $ECO tokens for asset-backed participation and governance.User Review
AI Review
A1
Reviewed on 13 Feb 2024 04:01 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The information provided does not include the project's start date, thus it is unclear whether the project meets the 3-month age requirement.
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 ECORISE project is dedicated to funding properties and projects with regenerative goals, such as renewable energy and biodiversity restoration, which are directly related to reducing greenhouse gases and providing core infrastructure for web3 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 assessment lacks the necessary information to determine whether the ECORISE project has received previous funding and, if so, whether they have reported on their progress as required.
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.
Due to the absence of details regarding previous grant rounds and consequent updates to the proposal, it is not possible to evaluate whether the ECORISE project has adhered to these requirements.
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 ECORISE project presents a credible and viable concept of using AI and blockchain technology for regenerative finance and impact investment in green real estate, in line with web3 technology and climate solutions. There is no indication that the project is considered impossible.
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 nothing in the current information provided that indicates that ECORISE has been involved in Sybil attacks or other malicious activities targeting the Gitcoin community or its platform.