ReFi EBF - Activating the Ecological Benefits Framework 🐉
Integrating the Ecological Benefits Framework with Regenerative Finance and Web3 to foster ecological regeneration and equity through an inclusive, transparent market for ecological benefits.User Review
AI Review
A1
Reviewed on 14 Feb 2024 02:10 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.
Based on the project description, it was mentioned that an activator led by The Lexicon began in September 2022, indicating that the project has been in existence for at least 3 months.
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
The grant proposal for ReFi EBF outlines its primary focus on climate solutions through the development of the Ecological Benefits Framework, which aims to tackle biodiversity loss, growing inequality, and various social, environmental, and economic challenges. Additionally, it seeks to integrate with Regenerative Finance (ReFi) and Web3 to support the regeneration of natural systems and reduce GHGs.
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 mentions progress since a previous Gitcoin Grant including various accomplishments such as completion of EBF case studies and the launch of their platform. However, it is not explicitly stated whether they have provided specific updates on the progress and impact as required, nor if they have minted Hypercerts.
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 includes progress and apparently references previous work; however, it's unclear if it outlines specific lessons learned or details a rough timeline for the project's overall goals. Details on the specific use of additional funding are not explicitly provided in the excerpt.
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 involves reputable organizations and stakeholders across the carbon markets, ReFi, blockchain, and conservation sectors. Leadership is under Monty Merlin of ReFi DAO and includes strategic partnerships, suggesting a credible team with relevant expertise and genuine intent to build the project.
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 in the provided project description that suggests the project has been involved in Sybil attacks or other forms of malicious manipulation of the grants platform or the Gitcoin community.