arkreen

arkreen

A decentralized web3 platform utilizing IoT, AI, blockchain, and token economy to connect and monetize renewable energy resources, providing incentives for reducing carbon emissions.
Application
Applied on: 15 Aug 2023 09:59 AM
Rejected
User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:22 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The provided information does not specify the project 'arkreen''s start date. Without a start date or reference to when the project began, we cannot confirm whether the project meets the 3-month minimum 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 project description outlines that 'arkreen' is a digital infrastructure aimed at connecting and monetizing renewable energy resources, which is aligned with climate solutions. It implies the usage of blockchain technology to reduce greenhouse gas emissions by incentivizing renewable energy production and consumption, positioning it as a potential core infrastructure for web3 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.
The information provided does not indicate whether 'arkreen' has received previous funding from Gitcoin or any other rounds. Therefore, it remains uncertain if this eligibility requirement applies.
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.
There is no information provided to assess whether 'arkreen' is a returning grantee or whether it has updated its proposal according to these criteria. Without prior funding history or an updated proposal to review, it is not possible to evaluate this requirement.
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 description, 'arkreen' employs existing technologies such as IoT, AI, and blockchain that are within the realm of viability for web3 projects. The use of tokenization and digital certificates for renewable energy credits suggests a credible and genuine intention to build a usable climate solution. However, actual execution and project development progress are not provided to fully validate viability.