Bloom Network: Cooperative Patronage Token Design for Network States
A social network fosters local economic development through knowledge-sharing and incubating projects, powered by a federated DAO. It plans to create a cooperative patronage token for incentivizing regional economies.Application
Applied on: 6 Aug 2024 12:38 AM
Approved
User Review
AI Review
A1
Reviewed on 6 Aug 2024 01:00 AM
CollabTech project - organisations on-chain, evolution of B2B SaaS, network states tooling & DAO tooling, and future of work; projects advancing reputation, governance & decision making, operations (accounting, sales automation, inventory management, talent, etc), community, and contributor tooling!
The project focuses on designing a cooperative patronage token, which advances network state tooling and DAO tooling, as well as reputation, governance, and community contributor tooling.
Commercial viability or perennial Public Goods: projects addressing a clear need for a specific target user and with the ability to continue to deliver value over time (financial sustainability through business model and/or immutability)
The project addresses a clear need for financing decentralized and collaborative community labor and has a plan for financial sustainability through ongoing grant funding and a revenue-positive media cooperative.
Maximum project development duration of 12 weeks (i.e. value delivered within 12 weeks)
The timeline indicates the research will be completed within 3 months, which aligns with the requirement of value delivery within 12 weeks.
Threshold: Projects must declare a “threshold” (minimum amount of funds needed to complete the project/feature/prototype and deliver value). Thoroughness in defining their threshold and feasibility (threshold within the range of match-funding available) will be key for approval into the round. Projects not able to attain the threshold (with combined donations + match funding), will not receive match funding but can still keep donations.
The project has clearly declared a threshold of $1,000 and provided a rationale for the budget, indicating feasibility within the range of match-funding available.
General Criteria: Incomplete, poorly structured, unfeasible, or otherwise poorly conceived applications will be rejected.
The application is complete, well-structured, and feasible, with detailed plans and a clear budget.