Mi Costa De Oro, Autonomous and Regenerative Community Rooted in Action (Venezuela)
Community-driven project in Ocumare focuses on regenerative finance and environmental stewardship, enhancing local economy through beach clean-ups, education, and embracing Web3 technologies.User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:18 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The provided project description lacks any explicit mention of the project's initiation date, thereby rendering it impossible to accurately verify the project's age.
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 describes activities such as beach clean-ups that contribute to environmental stewardship and educates the community on principles of regenerative finance that could potentially lead to the reduction of GHGs through sustainable practices.
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 indication provided in the description if the project has previously received funding and whether any progress reports post-funding were made. Hence, a proper evaluation cannot be made with the given information.
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 project description lacks details that would suggest whether it is a returning grantee and also does not provide information about lessons learned or how additional funding would be utilized, along with absent timelines.
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.
Given the activities and community engagement described, the project seems to operate within the realm of viability and shows credible effort towards climate solutions using web3 technology and regenerative finance, which indicates genuine intent to build the project.