Coini
Coini offers a cryptocurrency payment platform for merchants, with API, mobile apps, and custom links, supporting stablecoins on multiple blockchains, coupled with educational initiatives for Peruvian artisans.User Review
AI Review
A1
Reviewed on 15 Feb 2024 07:36 AM
To be eligible for this grant round, applicants must meet the Gitcoin general eligibility policy
Based on the provided project description, 'Coini' seems to align with the general eligibility policy of Gitcoin, given the project's active status and adherence to the grant round themes.
Project must be LatAm based or working to create solutions in LatAm
'Coini' explicitly states its work with merchants in Peru, implying that its solutions are created in and for the Latin American region.
Minimum Age: Projects must have been active for at least 3 months.
The project shows recent Github activity and engagement with merchants, suggesting that it has been active for at least the last three months.
Qualifying Project Types:
'Coini' qualifies as a financial tool that facilitates cryptocurrency payments for merchants, which falls under the types of projects described in the Gitcoin round guidelines.
DeFi focus: Projects should be directly related to the DeFi field (DeFi protocols, wallets, educational initiatives, etc). Defi should be an element of the project.
'Coini' enables cryptocurrency payments and has a DeFi educational component, meeting the DeFi focus requirement.
Innovation and technology: Projects that leverage new technologies and solutions in the DeFi space. Projects that have the potential to establish Latam as an innovation hub for Defi
The project's payment orchestration and integration with multiple blockchains position 'Coini' as a potentially innovative solution within the LatAm DeFi space.
Scalability with regional relevance: Projects that propose a solution that can be transferred to other parts of the world.
The infrastructure and API 'Coini' provides could be scaled and adapted for use in other markets outside of LatAm, indicating transferable solutions.
Integration (1inch as a scaffold): Encourage projects that have successfully integrated 1inch APIs as part of their infrastructure or operations.
The project proposes to integrate the 1inch API in the future but does not provide evidence of existing integration, making it uncertain at this stage.
Measurable outcomes: Projects must define clear metrics for tracking and reporting their impact
'Coini' outlines specific milestones and measures its impact through the number of merchants onboarded and educated, fulfilling the requirement of defining clear metrics.
Social Impact: We emphasize DeFi projects that have a significant social impact on Latin American communities with a focus on: Financial inclusion: Projects that aim to use Web3 tools to include the people who is excluded from the TradFi world, DeFi tools: Projects that are building web3 infrastructure/Dapps to make better decentralized services, Web3 onboarding: Projects that make people jump from the TradFi or CeFi world to DeFi
With outreach to artisans in Cusco and a mission to provide stable cryptocurrency payment solutions, 'Coini' demonstrates a commitment to financial inclusion, improved DeFi tools, and Web3 education.