viaPrize

viaPrize

Crowdfunding platform that holds funds for projects until someone completes them, ensuring refunds if projects fail and incentivizing open-source creations.
Application
Applied on: 6 Apr 2024 07:00 PM
Approved
User Review
AI Review
A1
Reviewed on 6 Apr 2024 07:00 PM
Project must build upon the hypercerts protocol or be a pilot use case for new functionalities. Projects that merely use hypercerts without extending its functionality or enabling its use by others are not eligible.
The project description does not explicitly mention integration with the hypercerts protocol or development of new pilot use cases. It focuses on the concept of crowdsourced prizes for project completion. There's a lack of detail on how the project builds upon or extends the hypercerts protocol.
Project must be 3 months old and the project must demonstrate some tangible progress; just proposing an idea to utilize the hypercerts protocol will not meet the eligibility criteria.
viaPrize has been operational since June 2023 as per the description, and as of April 2024, it has distributed over $50,000 in prizes and launched various versions of its platform, indicating tangible progress beyond a mere proposal.
Projects must comply with Gitcoin core rules and eligibility.
The project has been receiving funding from Gitcoin donors with a history of appreciation, implying compliance with core Gitcoin rules and eligibility criteria in the past. However, continuous compliance needs periodic verification.