ECORISE

ECORISE

ECORISE is a blockchain-based platform for tokenizing and trading regenerative projects, combining AI, climate tech, and Web3 to facilitate impact investing and natural capital market access.
Application
Applied on: 7 Nov 2023 07:32 PM
Approved
User Review
AI Review
A1
Reviewed on 14 Feb 2024 01:29 PM
Projects must be at least 3 months old. We 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 project's age isn't clearly specified in the provided data. Without information on the actual registration date of the web domain or the creation of the project's Twitter account, it cannot be conclusively determined whether the project meets the criterion.
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.
ECORISE clearly outlines its focus on climate solutions through its Asset Tokenization Platform designed for regenerative projects, including efforts in ReFi, Climate Tech, and Eco Credits. This aligns with the stated examples, indicating a primary focus on climate solutions.
Grantees who received funding in a previous round(s) **must provide a new update on their progress and impact.** You can also include the challenges you've faced. This will ensure accountability to supporters and also help encourage contributors by showing what you’ve been accomplishing.
The provided information does not specify whether ECORISE has received funding in a previous round, nor does it mention any updates on progress or impact. Without this data, it is unclear whether they meet this criterion.
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 assessment does not provide any history of previous grant receipt or evidence of an updated proposal reflecting lessons learned or plans for the use of additional funds. Therefore, we cannot ascertain if they meet this requirement or not.
There is a general expectation that projects are within the **“realm of viability”**. - Even if a project is very early, it must still seem credible to the average person with an understanding of web3 technology and climate solutions. Including information about the team's expertise, qualifications and skills will help us review your grant.
ECORISE demonstrates a focused alignment with ESG criteria and UN SDGs, indicating an intention to build a viable project. While no explicit information about the team's expertise, qualifications and skills is provided, the description of the project’s technical components suggests a credible and viable 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 information provided that either confirms or denies ECORISE's involvement in Sybil attacks or malicious activities. Without such data, their compliance with this criterion remains uncertain.