Web3beach
A web3 initiative promoting financial inclusion through environmental clean-ups and community participation, fostering sustainable practices and rewarding social impact.User Review
AI Review
A1
Reviewed on 15 Feb 2024 07:46 AM
To be eligible for this grant round, applicants must meet the Gitcoin general eligibility policy
The provided information does not include specific details regarding the project's compliance with Gitcoin's general eligibility policy.
Project must be LatAm based or working to create solutions in LatAm
The project description indicates expansion to several Latin American countries, denoting active work and solution creation for the LatAm region.
Minimum Age: Projects must have been active for at least 3 months.
The description implies an ongoing initiative that has expanded to various countries, suggesting activity beyond the minimum 3-month period.
Qualifying Project Types:
The project appears to be focused on social and environmental impact rather than qualifying as a direct DeFi-related initiative.
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.
The project primarily focuses on community onboarding and social/environmental efforts, rather than direct DeFi applications or services.
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
There is no clear indication of innovative technologies or solutions in the DeFi space being developed by the project.
Scalability with regional relevance: Projects that propose a solution that can be transferred to other parts of the world.
The project has expanded to multiple countries, signifying a model that is potentially scalable and transferable globally.
Integration (1inch as a scaffold): Encourage projects that have successfully integrated 1inch APIs as part of their infrastructure or operations.
There is no mention of the project integrating or using 1inch APIs within its operational infrastructure.
Measurable outcomes: Projects must define clear metrics for tracking and reporting their impact
The project description lacks explicit metrics for impact tracking, although its social and environmental goals suggest the possibility of such 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
The project's goal to onboard marginalized and disenfranchised communities into web3 aligns with the criteria's focus on financial inclusion and Web3 onboarding.