Bloom Network

Bloom Network

Bloom Network enables grassroots climate action through Web3, enabling member-governed local hubs for climate repair projects focused on food security, watershed care, and economic sovereignty.
Application
Applied on: 8 Nov 2023 06:05 PM
Approved
User Review
AI Review
A1
Reviewed on 14 Feb 2024 01:47 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 began in 2008, which makes it much older than the 3-month threshold.
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
Bloom Network is focused on climate solutions according to their description, including food security, permaculture gardens, and watershed care.
- 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 provided progress update indicates what has been accomplished with previous funding, noting the creation of smart contracts for the Regenerative Actions Protocol and growth of local hubs.
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's submission includes an update on progress, lessons learned (particularly the need to expand their socioeconomic base), and provides detail on how additional funding will be used to advance their platform and legal formation.
- 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 seems to be in the realm of viability with an established community and clear expertise demonstrated in their proposal, including specific roles and partnerships with other organizations.
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.
There is no indication provided that the project has been involved in Sybil attacks or any other form of malicious manipulation of the grants platform or the Gitcoin community.