Natural Capital Assets & Nature-based Currency

Natural Capital Assets & Nature-based Currency

This project aims to create a nature-based currency, ENSURE, which bases its value on thriving ecosystems and natural capital. It facilitates investment in natural assets and ecosystem services.
Application
Applied on: 5 Aug 2024 02:02 PM
Rejected
User Review
AI Review
A1
Reviewed on 5 Aug 2024 03:01 PM
Advance Token Engineering: Projects must advance token engineering within one of the following categories: tooling, research, education, social infrastructure, consulting.
The project 'Natural Capital Assets & Nature-based Currency' aligns with the research category by exploring tokenomics tied to real-world, nature-based assets.
Contribute to the Superchain: Projects must contribute to the growth and development of Optimism or the broader Superchain ecosystem. Applications must include the following elements: - Description of the long-term vision for impact - Specification of short-term goals and milestones within the scope of the grant - Agreement to participate in TEC's impact evaluation process leading to the Retroactive funding round in November
The project specifies its long-term vision of creating a nature-based currency and short-term goals such as managing the cross-chain environment. Additionally, the team has agreed to participate in TEC's impact evaluation.
Project Credibility: - Summary of project’s existing work with relevant links - Verified Github and/or Twitter account - Brief bios of the project’s team members
The project provides a summary of existing work and relevant links (docs.basin.global & dispatches.basin.global). The project also has verified Twitter and Github accounts. A brief summary of the team's background is included.
Returning Grantees: - Updates on the work accomplished since their last grant - Self-assessment of the effectiveness of their use of that funding
There is no information provided about whether this project has received previous grants, making it unclear if this criterion is applicable.