Glo Dollar

Glo Dollar

A nonprofit stablecoin, Glo Dollar, provides basic income to the extremely poor by generating yield from reserves, aiming to lift millions out of poverty via partnership with GiveDirectly.
Application
Applied on: 19 Apr 2023 02:32 PM
Rejected
User Review
AI Review
A1
Reviewed on 13 Feb 2024 02:20 PM
Be an open-source project with meaningful Github activity in the prior 3 months that has demonstrated work completed towards the project’s mission.
The provided Github activity indicates that both the user 'gglucass' and one of the projects 'glo-wallet' have had more than 5 commits in the past 3 months, which demonstrates meaningful Github activity and progress towards the project’s mission.
Primarily focused on developing on top of or advancing the broader Ethereum and/or Web3 industry.
Glo Dollar's description indicates that it is a stablecoin project which contributes to the Web3 ecosystem by providing a means of generating basic income through the use of blockchain technology, which aligns with the advancement of the broader Ethereum and/or Web3 industry.
Satisfy the Program General Eligibility Policy in addition to the requirements outlined above.
Without detailed information on the Program General Eligibility Policy and specifics of how the Glo Dollar project aligns with it, it is not possible to accurately determine if the project satisfies the general policy.