Avano
Avano, a member of Panvala League and a Giveth project, focuses on two main efforts: developing a decentralized monitoring, reporting, and verification system (dMRV) called dMeter, and integrating art and web3 for public good. It holds over 50 NFTs, supports environmental initiatives, and is creating an NFT marketplace for public good projects. Funds will further develop dMeter, support community art projects, and build the FeNXT NFT Marketplace.User Review
AI Review
A1
Reviewed on 13 Feb 2024 03:49 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
There is no indication that the project Avano is less than 3 months old. The extensive description and prior funding rounds suggest it is well-established.
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.
Avano's work on decentralized monitoring, reporting, and verification systems (dMRV) for regenerative actions and its contribution to tree planting clearly outline its focus on climate solutions and potential reduction of GHGs.
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.
Avano provided extensive updates on its work since the last Gitcoin grant round, which include establishing dMeter's socials, the election of working group leads, identification of pilot projects, and the mapping of dMeter Discord members.
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.
Avano has articulated how the funds will be utilized, such as further incentivizing contributions in dMeter, community building, research design, and strategic partnerships. They also discussed the use of funds for public good through art initiatives and the development of a public good NFT marketplace.
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.
Avano's initiatives such as dMRV and Desci community building are within the realm of viability and align with current trends in web3 technology usage for climate solutions. Their ongoing work and collaborative efforts further support the credibility and genuine intention 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 available information indicating whether Avano has engaged in such activities; however, without explicit evidence of good or bad conduct, the score remains uncertain.