Supabloom
Supabloom: A multi-dimensional ReFi base layer for creating permissionless, regenerative applications, facilitating onchain carbon project development, purchase agreements, tokenization, decentralized registries, and verifier integration.User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:19 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
Insufficient information is available regarding the project's inception date to determine if the project meets the 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 description of Supabloom indicates a focus on carbon credit tokenization and ReFi applications which aim to reduce GHGs and support web3 climate solutions, demonstrating alignment with the grant's focus on climate solutions.
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.
There is no information provided on whether Supabloom has received funding in previous rounds and, if so, what progress has been made since then.
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.
Without information on whether Supabloom is a returning grantee and without access to a proposal that details updates, lessons learned, and a funding strategy, it is not possible to assess if the project complies with this criterion.
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 Supabloom appears to be based on web3 technologies that are used in carbon project development, onchain financial agreements, and tokenization strategies, which are all feasible initiatives within the current scope of blockchain technologies applied to climate solutions.