Cambiatus
Open-source platform Cambiatus empowers creation of social currencies on blockchain to foster community resilience, exchanges, and education in regenerative finance (ReFi). Seeking $35k for Q2 2023 to support growth and education.User Review
AI Review
A1
Reviewed on 13 Feb 2024 02:57 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
Cambiatus has been live since 2019, surpassing 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.
Cambiatus aims to promote actions that support community objectives including forest conservation and beach cleanups, which contribute to GHG reduction and environmental sustainability.
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 provided information does not specify any progress reports since the last funding round, therefore it is uncertain if they have complied with this requirement.
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.
Cambiatus has provided an updated proposal outlining objectives and key results for the upcoming period, and how the grant would be allocated, including lessons learned.
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.
Cambiatus demonstrates credibility with existing partnerships, communities engaged and clear use cases for social currencies in contributing to climate solutions. The integration with web3 shows a genuine intention to build a viable 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 evidence provided in the information given that implies Cambiatus has been involved in malicious activities such as Sybil attacks.