MesoReefDAO - Regenerating Reef Conservation with DeSci Web3 tools

MesoReefDAO - Regenerating Reef Conservation with DeSci Web3 tools

Establish MesoReefDAO to scale coral reef conservation in the Mesoamerican Reef through partnerships, sustainable practices, and using decentralized science and blockchain for governance and funding.
Application
Applied on: 15 Apr 2023 08:27 PM
Approved
User Review
AI Review
A1
Reviewed on 13 Feb 2024 03:18 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The information provided does not include the exact start date of the project, so it is not clear if the project is at least 3 months old.
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's proposal clearly states its focus on climate solutions through coral reef restoration, which contributes to carbon sequestration and biodiversity and thus indirectly helps reduce GHGs. It is utilizing web3 tools for its regenerative efforts.
Grantees who received funding in previous rounds should report on project progress since GR15 or the Alpha round. We understand that some projects may have less progress given the timing of Alpha round disbursements. This will ensure accountability to supporters and also help encourage contributors by showing what you’ve been accomplishing.
The proposal contains a broad description of the project's progress and plans but lacks specific details about the outcomes of any past funding rounds and what progress has exactly been made since GR15 or the Alpha round.
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.
There is an indication of planned updates and future progress but insufficient evidence of specific lessons learned from previous rounds or how exactly the additional funding will be allocated or affect their 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.
The project has a clear problem statement, a solution framework involving credible science efforts and web3 technology and appears viable and credible based on the information given.
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.
No information is provided that would suggest that the grantees are involved in malicious practices such as Sybil attacks. However, a definitive assessment cannot be made without further investigation into the project's activities.