Parisii
Parisii's PARYS project creates a Paris Agreement-compliant stablecoin collateralized by EU-ETS Carbon Allowances, blending blockchain with green finance to incentivize sustainability and target Net Zero emissions by 2050.User Review
AI Review
A1
Reviewed on 5 Feb 2024 02:41 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.
There is no provided information on the exact start date of 'Parisii', including the dates of their Twitter account creation and web domain registration.
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
Parisii is clearly focused on climate solutions, aligning with the Paris Agreement objectives through the PARYS project which involves carbon accounting, reporting, and the creation of a carbon-collateralized stablecoin to incentivize sustainable investments.
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.
Information regarding any previous funding rounds and whether Parisii has provided updates or minted Hypercerts to showcase their progress is unavailable in the provided data.
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.
As there is no information available on whether Parisii is a returning grantee or if they have previously submitted an updated proposal, along with details on lessons learned and plans for future funding, an accurate assessment cannot be made.
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.
Parisii proposes a viable and innovative solution to promote sustainability in financial transactions via a carbon-collateralized stablecoin (PARYS), aimed at bridging the gap in climate finance and encouraging investment in greenhouse gas reduction projects. Despite the lack of specifics on the team's expertise, the project framework and mission align with credible climate action strategies and web3 use cases.
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.
Based on the presented information, there is no evidence suggesting that Parisii is involved in or encouraging Sybil attacks or other malicious activities within the Gitcoin community.