Application
Applied on: 27 Jul 2024 04:29 PM
Approved
User Review
AI Review
A1
Reviewed on 28 Jul 2024 12:15 AM
Alignment with Venus Ecosystem - Projects must align with the Venus Protocol ecosystem and contribute to its growth and development. Proposals should outline how the project will create value for the Venus community, enhance user experience, or drive the adoption of the Venus Protocol.
The project proposes to add XVS tokens as a form of payment in its game, providing a new use case for the token and potentially driving adoption and engagement within the Venus ecosystem.
Contribute to Innovation and Ecosystem Growth - Projects should showcase innovative ideas, technologies, or approaches that have the potential to impact the Venus ecosystem significantly. Proposals should articulate the project's expected outcomes and benefits, such as engagement, improved protocol functionality, or expanded use cases. For projects focusing on technical innovation, proposals should demonstrate the team's technical expertise and ability to implement the project successfully within the proposed timeline and budget.
While the project aims to provide entertainment and add a new use case for XVS tokens, it does not present any particularly innovative ideas, technologies, or approaches that could significantly impact the Venus ecosystem.
Funding and Budget - Proposals should provide a breakdown of the project's budget and clearly explain how the requested funds will be allocated. Projects should demonstrate a clear need for the requested funding and explain how the grant will enable them to achieve their goals and create value for the Venus ecosystem.
The proposal mentions a discount and burn mechanism for items purchased with $XVS but does not provide a detailed breakdown of the project’s budget or a clear explanation of how the requested funds will be precisely allocated.
Reporting and Communication - Projects must commit to providing regular progress updates and maintaining open communication with the Venus community throughout the grant period. Proposals should include a plan for sharing project milestones, successes, and learnings with the broader community.
The proposal states that progress will be shared with the operators of Venus Protocol, but it does not include a comprehensive plan for regular progress updates or for sharing milestones and learnings with the broader community.