EverGreenCoin®
Cryptocurrency EverGreenCoin seeks funding for website redesign and core wallet software update to enhance user experience and future-proof its Proof of Environment rewards program.User Review
AI Review
A1
Reviewed on 14 Feb 2024 12:49 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.
EverGreenCoin has been established since 2015, meeting the age requirement.
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. - Examples include: Renewable Energy, Oracles & DMRV, Supply Chain Analysis, Carbon Accounting, climate activists / collectives, Natural Systems CO2 Sequestration
The project mentions a focus on environmentally-conscious tasks and rewards through its Proof of Environment program, aligning it with climate solutions.
Grantees who received funding in a previous round(s) **must provide a new update on their progress and impact.** You can also include the challenges you've faced. This will ensure accountability to supporters and also help encourage contributors by showing what you’ve been accomplishing. - We encourage grantees to mint Hypercerts for the work and the impact they have accomplished. Priority review will be given to grantees who have minted a Hypercert.
The project's provided information does not clearly state if it has received previous funding and, if so, does not provide an update on their progress and impact or mention the minting of Hypercerts.
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. The updated proposal should indicate how additional funding will help the project meet its goals, and include a rough timeline for the project overall.
The information provided does not clearly indicate if this is a returning grantee, or if it is, what updates have been made to the proposal including usage of additional funds and a timeline.
There is a general expectation that projects are within the **“realm of viability”**. - Even if a project is very early, it must still seem credible to the average person with an understanding of web3 technology and climate solutions. Including information about the team's expertise, qualifications and skills will help us review your grant. - Grantee founders must genuinely intend to build the project, and the project must not broadly be considered an impossibility.
The EverGreenCoin project appears to be within the realm of viability operating since 2015 with a credible concept that integrates environmental activity with blockchain technology, implying that the team has the expertise and genuine intention to build the project.
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 provided that suggests the project is involved in malicious activities, but without an investigation, we cannot determine this with certainty.