Helios - High Impact Solar in Emerging Markets
Open-source platform for investment in solar projects in emerging markets, providing high yields and significant CO2 reduction, with a focus on transparent, web3-based impact investing.User Review
AI Review
A1
Reviewed on 14 Feb 2024 12:48 PM
Projects must be at least 3 months old. We use Twitter, web domain registration date, and other public info to determine this. Newer projects should establish themselves and submit to the next round.
Helios has an established Twitter presence and mentions their track record of success over nearly two years, indicating that the project has been in existence for well over the minimum requirement of 3 months.
The Grant must be **primarily focused on climate solutions** (the group may do other work but the grant proposal should be directly related to climate solutions). The proposal should explicitly outline how this project will help reduce GHGs or is an important core infrastructure for web3 climate solutions.
Helios clearly states it is focused on funding solar projects in emerging markets, which directly aligns with reducing GHG emissions and is a crucial part of the renewable energy infrastructure.
Grantees who received funding in a previous round(s) **must provide a new update on their progress and impact.**
The provided information states that Helios has participated in GR13 but does not specify whether it received funding or provide a new update on progress and impact directly in the text.
All returning grantees are expected to update their proposal, in addition to project updates the proposal should include lessons learned from previous work and how they will use the additional funding from the upcoming round.
While Helios mentions having previously participated in Gitcoin rounds, there is no explicit mention of proposal updates or detailed lessons learned from previous work regarding additional funding uses.
There is a general expectation that projects are within the **“realm of viability”**.
Helios appears to have a credible and viable project, with a past track record and a clear mission. However, the absence of detailed information about the team's expertise makes it difficult to definitively assess the entirety of their capabilities to deliver.
Grantees can be eliminated from consideration in the round if they are found to be encouraging or enabling Sybil attacks or other forms of malicious manipulation of the grants platform or the Gitcoin community.
There is no evidence that suggests Helios has been involved in Sybil attacks or manipulation of the Gitcoin platform; thus, they are not at risk of elimination based on this criterion.