7Energy - Energy Communities without Banks
7EnergyDAO facilitates renewable energy communities, automating payments with stablecoins, avoiding banks, and allowing decisions on energy investments via share tokens.User Review
AI Review
A1
Reviewed on 13 Feb 2024 03:17 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The provided information does not specify the project's inception date, hence it cannot be determined if the project meets the three-month age requirement.
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, 7Energy - Energy Communities without Banks, clearly outlines its focus on climate solutions by facilitating the formation of renewable energy communities, which contributes to the reduction of greenhouse gas emissions.
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 information provided does not include details on previous funding or reports of progress since the last funding rounds, so it is unclear whether this criterion is met.
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.
Without details of prior grant receipts and subsequent proposals, it is not possible to ascertain if the project has updated its proposal in line with funding received from earlier rounds and included learnings along with projected use for additional funds.
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.
Based on the description, 7Energy - Energy Communities without Banks appears to provide a credible solution with a practical approach to climate change issues through renewable energy communities and web3 technology, aligning with viability expectations.
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 information provided regarding any potential involvement of the project with Sybil attacks or manipulation of the grants platform or community; hence, a conclusive assessment can't be made.