Bye Bye Plastic
A foundation incentivizing plastic reduction in the music industry through a Web3 token system, rewarding eco-friendly practices at festivals and events worldwide.User Review
AI Review
A1
Reviewed on 13 Feb 2024 03:37 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
No information provided about the start date of the project; further investigation is required.
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 aims to remove single-use plastics in the music industry and establish a tokenized ecosystem for promoting recycling, which directly supports climate solutions by reducing potential GHG emissions from plastic waste.
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.
It is unclear if this grantee has received funding in previous rounds as the provided information does not mention it.
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 response cannot be determined from the provided information; it is not known if they are returning grantees or have updated their proposal accordingly.
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 presents a realistic approach to tackling plastic waste in the music industry and incentivizes participation via a web3 ecosystem, which is both viable and applicable.
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.
Given the lack of any contrary information or allegations, we can assume that Bye Bye Plastic has not been engaging in such activities.