WaterDAO

WaterDAO

Funding for WaterDAO to issue first on-chain water credits, improve water treatments, incentivize eco-friendly desalination, monitor credit quality, and support "Water Positive" initiatives through technology and research.
Application
Applied on: 7 Nov 2023 05:52 PM
Approved
User Review
AI Review
A1
Reviewed on 14 Feb 2024 01:27 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 age cannot be determined from the provided information. Typically, criteria like the date of the first tweet from the project's Twitter account, the domain registration date, or the initiation of public-facing activities are used to verify this requirement. This information was not provided in the description.
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.
WaterDAO's proposal directly relates to climate solutions, with a focus on water treatment and reducing usage impact, development of water credit systems, and encouraging environmentally friendly water treatments. These initiatives align with the goals of carbon reduction and support essential infrastructure for web3 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 applicant has provided an update on their progress, outlining completed and ongoing research projects, development of a credit class and methodology, as well as their live pilot project. This demonstrates accountability and gives contributors insight into the impacts of the project to date.
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.
WaterDAO has outlined how the additional funds would be used to bring water credits on-chain, as well as a clear set of goals and intentions for application of funds to improve their systems and verification processes. The proposal includes a vision for future activities but lacks a detailed rough timeline, which is mitigated by clear immediate next steps.
There is a general expectation that projects are within the **“realm of viability”**.
The project's proposal articulates a focused and credible approach to contributing to climate solutions through water treatment and crediting systems. While the specifics of the team's qualifications are not detailed, the work they have already accomplished provides evidence of their capabilities and suggests genuine intent to build and maintain 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 information given with the proposal regarding the facilitation or prevention of Sybil attacks or malicious manipulation. This would require further investigation or monitoring of the grantees' activities on the Gitcoin platform and community engagement.