Abundance Protocol

Abundance Protocol

Building a Public Goods Funding platform based on Value Consensus to reward community impact, with plans for an app to facilitate funding and impact creation through social media.
Application
Applied on: 5 Aug 2024 07:39 PM
Rejected
User Review
AI Review
A1
Reviewed on 5 Aug 2024 08:01 PM
Web3 Grants Contributions
The project focuses on developing an innovative public goods funding mechanism, specifically through experiments with value consensus. This aligns with the eligibility requirement for proposing and testing innovative funding mechanisms.
Expertise and Vision
The team has demonstrated expertise by publishing a book and a whitepaper on the topic. They have also been working on the mechanism and tools for the past two years, showcasing their commitment and vision for advancing the ecosystem.
Impact and Feasibility
The project clearly articulates its potential impact by aiming to help communities surface projects based on their expected impact. The short-term goal is feasible and they have secured some previous funding, indicating financial feasibility. They also plan to open-source their tools and provide API access to collected data, showing a clear plan for knowledge sharing and collaboration.
Ethical Standards
The project confirms adherence to non-discrimination, anti-hate speech policies, transparency, and compliance with laws and Gitcoin’s Quid Pro Quo policy. No conflicts of interest were disclosed.