Alit Carbon Token
A sustainable REFI project utilizing nanotechnology for biological energy, offering a secure, profitable green token to combat climate change.User Review
AI Review
A1
Reviewed on 14 Feb 2024 12:59 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.
The provided information lacks specific dates regarding the project's initiation, such as the registration date of the web domain or the date of the first tweet from the project's Twitter account.
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 Alit Carbon Token project is primarily focused on renewable energy and innovative biological energy solutions, which align with the examples provided such as Renewable Energy and Carbon Accounting, aiming to contribute to the fight against climate change.
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 information provided does not specify whether the Alit Carbon Token has received previous funding, nor does it include updates on progress/impact or information on minted 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.
There is no information given on whether Alit Carbon Token is a returning grantee with an updated proposal, prior lessons learned, plans for use of additional funding, or a project 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 Alit Carbon Token project seems to be in the realm of viability as it presents a novel approach to biological energy which is in line with current technological trends in renewable energy. No information about the team's qualifications or expertise is provided, but the project does not seem to be broadly considered an impossibility.
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 information available that indicates whether the Alit Carbon Token has engaged in or encouraged Sybil attacks or other malicious behaviors, thus the score cannot be definitively determined.