Bitcoin Pong
A pong game enabling zero-fee Lightning Network transactions, potentially serving as a payments processor and altcoin miner using Bitcoin satoshis.Application
Applied on: 28 Jul 2024 09:15 PM
Rejected
User Review
AI Review
A1
Reviewed on 28 Jul 2024 10:01 PM
CollabTech project - organisations on-chain, evolution of B2B SaaS, network states tooling & DAO tooling, and future of work; projects advancing reputation, governance & decision making, operations (accounting, sales automation, inventory management, talent, etc), community, and contributor tooling!
The project is focused on creating a gamified UI for Lightning Network transactions and does not align with advancing reputation, governance, operations, community, or contributor tooling in the context defined by the criteria.
Commercial viability or perennial Public Goods: projects addressing a clear need for a specific target user and with the ability to continue to deliver value over time (financial sustainability through business model and/or immutability)
The project targets Bitcoiners and gamers, and plans for financial sustainability by selling Bitcoin nodes with pre-installed software. However, its alignment with perennial public goods or broader commercial viability is unclear.
Maximum project development duration of 12 weeks (i.e. value delivered within 12 weeks)
The project states that it will deliver value within 2 months, which is within the 12-week maximum duration.
Threshold: Projects must declare a “threshold” (minimum amount of funds needed to complete the project/feature/prototype and deliver value). Thoroughness in defining their threshold and feasibility (threshold within the range of match-funding available) will be key for approval into the round. Projects not able to attain the threshold (with combined donations + match funding), will not receive match funding but can still keep donations.
The project application does not declare or define a minimum threshold amount needed for completion, which is a crucial requirement.
General Criteria: Incomplete, poorly structured, unfeasible, or otherwise poorly conceived applications will be rejected.
The application lacks some necessary details such as threshold funding requirements and does not have a clear business model or sustainability plan, leading to a poorly structured application.