KOKO DAO saving forests in Colombia
Supporting Colombian communities to develop sustainable economies and protect forests through technology and preservation methodologies.User Review
AI Review
A1
Reviewed on 14 Feb 2024 01:49 PM
Projects must be at least 3 months old. We use Twitter, web domain registration date, and other public info to determine this. Newer projects should establish themselves and submit to the next round.
The project's Twitter account and web domain registration date indicate that it is older than 3 months, therefore meeting the criterion.
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. - Examples include: Renewable Energy, Oracles & DMRV, Supply Chain Analysis, Carbon Accounting, climate activists / collectives, Natural Systems CO2 Sequestration
KOKO DAO's project description outlines their focus on reducing deforestation in Colombia, which is a direct climate solution helping to reduce GHGs. This aligns with the examples provided, such as Natural Systems CO2 Sequestration.
Grantees who received funding in a previous round(s) **must provide a new update on their progress and impact.** You can also include the challenges you've faced. This will ensure accountability to supporters and also help encourage contributors by showing what you’ve been accomplishing. - We encourage grantees to mint Hypercerts for the work and the impact they have accomplished. Priority review will be given to grantees who have minted a Hypercert.
The proposal includes a section that updates on progress since a previous round, enumerating completed stages, partnership information, and community building activities. Although the minting of Hypercerts is not mentioned, the update on progress suggests fulfillment of this criterion.
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 proposal outlines future steps and how the upcoming funding will be used, including the creation of proof-of-impact certificates and a biodiversity inventory. A rough timeline for these next steps is also provided, thus meeting the criterion.
There is a general expectation that projects are within the **“realm of viability”**. - Even if a project is very early, it must still seem credible to the average person with an understanding of web3 technology and climate solutions. Including information about the team's expertise, qualifications and skills will help us review your grant. - Grantee founders must genuinely intend to build the project, and the project must not broadly be considered an impossibility.
The project description demonstrates a viable approach to climate solutions via forest preservation, which seems credible and feasible. Information about the team, their expertise, or qualifications is not explicitly provided, but the intention to build the project is clear from the detailed descriptions of methodologies and goals.
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.
Without specific evidence to suggest that KOKO DAO is involved in such practices, their eligibility cannot be discounted on this criterion. There is no information provided that indicates the occurrence of any malicious activities.