$REGEN Tokenomics Working Group

$REGEN Tokenomics Working Group

Development of a governance and expertise center to enhance the $REGEN token economy, incentivize ecological data sharing, support eco-tech innovations, and engage partners with a focus on system audits and stakeholder interviews for Q4 2023.
Application
Applied on: 8 Nov 2023 10:51 AM
Approved
User Review
AI Review
A1
Reviewed on 14 Feb 2024 01:42 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 was established in June 2023, as indicated by the provided timeline, making it over 3 months old.
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. - Examples include: Renewable Energy, Oracles & DMRV, Supply Chain Analysis, Carbon Accounting, climate activists / collectives, Natural Systems CO2 Sequestration
The project focuses on developing the $REGEN token to reward regenerative ecological outcomes and incentivize accurate ecological data, which is a core infrastructure aspect of 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. - We encourage grantees to mint Hypercerts for the work and the impact they have accomplished. Priority review will be given to grantees who have minted a Hypercert.
It is not mentioned whether the project has received previous funding or provided updates on their progress and impact; thus, we cannot properly assess their compliance with this requirement.
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.
There is no information provided that indicates they are a returning grantee or that they have updated their proposal according to these requirements.
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. - Grantee founders must genuinely intend to build the project, and the project must not broadly be considered an impossibility.
The project seems within the realm of viability, combining blockchain with ecological and agricultural applications. However, the lack of detailed information about the team's qualifications makes this a tentative assessment.
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 evidence provided that the project is involved in Sybil attacks or other forms of malicious manipulation of the grant platform or the Gitcoin community.