FABDAO
FAB DAO leverages NFTs for cultural significance in web3, combining art, public good, and culture, managing funds raised for non-profit cultural initiatives, and fostering a multi-disciplinary community in Taiwan.User Review
AI Review
A1
Reviewed on 14 Feb 2024 02:34 PM
The Grant must be in support of or directly advance the Global Chinese Community ecosystem; At least one founder or core team member uses Chinese as their daily language
FABDAO is focused on cultural NFT creation, preservation, and community building in the context of Taiwan, which is part of the Global Chinese Community. Also, the project's documentation and updates are available in Traditional Chinese, suggesting that Chinese is used by the core team as a daily language.
Projects haven’t received significant external funding via venture capital, token launches, or NFT sales
Based on the project description, FABDAO has been operating on a non-profit basis and raised funds through community contributions like Gitcoin Grants. There is no information provided indicating significant external funding.
Projects must be at least 1-month old and have a PoC/MVP. We will use Twitter, web domain registration date, and other public info to determine this. Newer projects should establish themselves and submit to the next round.
FABDAO's website indicates it has been active for over 15 months, and it has a history of completed projects and participation in previous Gitcoin Grants, evidencing the presence of a PoC/MVP.
Projects must be at least 1-month old and have a PoC/MVP. We will use Twitter, web domain registration date, and other public info to determine this. Newer projects should establish themselves and submit to the next round.
The eligibility requirement is inadvertently repeated. The project still meets this criterion for the same reasons as previously mentioned - a track record of over 15 months, and prior interaction with Gitcoin Grants.
Grantees who received funding in a previous round(s) must provide a new update on their progress and impact.
FABDAO has provided an update on their previous grant usage and the outcomes of the implemented projects in the Traditional Chinese world and the GreenPill Network a.k.a GreenSofa in Taiwan.
The Grant owner must be directly affiliated with the project, the funds must go to the project and be used for the purposes stated in Grant’s details.
The grant owner is directly affiliated with FABDAO as evidenced by the links to the project's website and their participation in previous Gitcoin Grant rounds. The grant detail states that the funds will be used for the Art Bank Fund which aligns with the project's mission.
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 suggesting that FABDAO has been involved in Sybil attacks or malicious manipulation. However, without specific evidence or monitoring, one cannot conclusively score 'Yes' to the grantee's abstinence from such activities.