The project demonstrates previous work in the Web3 grants ecosystem, specifically as a three-time round operator for the OpenCivics Grants Program. The project also has a detailed plan for creating tools, developing open standards, and enhancing connectivity between stakeholders.

The project team includes individuals with experience in round operations, impact reporting, and blockchain development. The project showcases a unique vision for advancing the ecosystem by proposing novel open standards for impact reporting and creating an impact attestation validator network.

The project outlines potential impacts such as improved efficiency in impact reporting, increased grant funding based on proven impact, and the development of a sustainable impact economy. The proposed activities are feasible within the given timeline and budget, and plans for knowledge sharing and collaboration are well-defined.

The project confirms adherence to non-discrimination and anti-hate speech policies, maintains transparency in representing affiliations and expertise, has no conflicts of interest, complies with applicable laws and Gitcoin's Quid Pro Quo policy.