Quadratic Accelerator (q/acc)
Application
Applied on: 16 Oct 2024 03:57 PM
Approved
User Review
R1
Reviewed on 21 Oct 2024 11:39 AM
Demonstrate user-centric design and functionality
Show contribution to Web3 ecosystem growth
Present innovation in application use cases
Meet the general eligibility criteria for Gitcoin Grants, including open-source principles and ethical standards
Quadratic Accelerator is a new kind of web3 accelerator enabling community-first, fair launches for web3 projects. It makes early funding rounds open and accessible to all. It has a user and project centric design. They reshape the OSS and tokenization landscape for web3 projects by creating a tokenization mechanism that aligns the interests of builders, communities, and protocols. The project makes it easy for builders to tokenize their projects via the Augmented Bonding Curve (ABC) and for the community to participate in the early stage of the project There is a first commit more than 90 days prior, a recent commit within the last 30 days, activity on more than 20 days in the last 90 days, and contributions from more than one individual. It follows GG22 ethics. It includes open-source license.
AI Review
A1
Reviewed on 16 Oct 2024 04:01 PM
Demonstrate user-centric design and functionality
The Quadratic Accelerator (q/acc) platform is built to facilitate a fair project launch mechanism that benefits both project creators and community supporters. Features such as easy tokenization via the Augmented Bonding Curve (ABC) and the community-inclusive funding rounds highlight a user-centric approach.
Show contribution to Web3 ecosystem growth
The project reshapes the OSS and tokenization landscape by automating liquidity, providing on-demand token issuance, and promoting fair token distribution. This can stimulate broader adoption and encourage innovation in the Web3 ecosystem.
Present innovation in application use cases
Combining Quadratic Funding with Augmented Bonding Curves to create a community-first token economy mechanism is an innovative approach. This aligns incentives among protocols, projects, and communities, which is a novel application in the Web3 space.
Meet the general eligibility criteria for Gitcoin Grants, including open-source principles and ethical standards
The project is open-source as evidenced by its GitHub repositories and adheres to ethical standards by promoting fair and transparent token distribution and reducing market manipulation risks.