User-Centric Design and Functionality: Projects should prioritize the development of applications that offer exceptional user experience, accessibility, and practical utility in the Web3 space. The goal is to make tech easy and beneficial for everyday users, bridging the gap between complex innovations and their practical application.
The project description emphasizes a peer-to-peer model that ostensibly reduces complexity by mitigating the need for liquidity providers, potentially simplifying the user experience. However, given the lack of concrete examples or detailed descriptions regarding user interface design or enhancements that would ensure ease of use and accessibility, it is unclear how user-centric the design actually is.
Innovation in Application Use Cases: Projects should explore and implement new and novel use cases for applications within the Web3 sphere. We're interested in projects that push the boundaries of what's possible, showcasing the versatility and expansive potential of Web3 technologies to address a wide range of needs and opportunities.
The willow project introduces a decentralized peer-to-peer order book model for an open dex, which deviates from the commonly seen Automated Market Maker (AMM) models in many existing dApps. This approach could be considered innovative as it reduces the need for liquidity provision from users and could uncover new use cases within the Web3 exchange ecosystem.