HonorCode
Open-source protocol establishing semi-transferable tokens for recognizing DAO contributions, enabling artifact vouching, staking, and a community-governed impact recognition system.Application
Applied on: 7 Aug 2024 04:55 AM
Rejected
User Review
AI Review
A1
Reviewed on 7 Aug 2024 05:00 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!
HonorCode advances reputation, governance, and contributor tooling by providing an on-chain reputation protocol for DAOs to recognize contributions from builders.
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's commercial viability is somewhat uncertain due to limited information on how it plans to maintain financial sustainability. It relies on adoption and perception of reputation tokens as valuable.
Maximum project development duration of 12 weeks (i.e. value delivered within 12 weeks)
The remaining development (UI rollout) does not provide a clear 12-week timeline, only stating that basic web functionality should be available later this year.
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 application does not mention a specific threshold amount or provide thoroughness in defining it.
General Criteria: Incomplete, poorly structured, unfeasible, or otherwise poorly conceived applications will be rejected.
The application is missing specific details such as a well-defined threshold and a precise timeline for delivering value within 12 weeks, making it incomplete.