Carrot Network: Unified Layer for the Circular Economy
A blockchain network aimed at boosting recycling rates to 90% in 10 years, generating recycling and carbon credits to combat climate change and transition to a circular economy.User Review
AI Review
A1
Reviewed on 6 Aug 2024 12:01 AM
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 project has been active for 18 months, as verified by the provided information and public record.
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 project focuses on the circular economy and utilizes dMRV technology to track and certify recycling, contributing to significant GHG emissions reductions. This aligns well with the climate solutions criteria.
Grantees who received funding in a previous round(s) are required to provide a new update on their progress and impact via KarmaGAP. Each project must have a minimum of 2 milestones updated since the completion of GG20 AND include a summary of the project’s climate impact over the past year. Projects can also include the challenges they have faced. This will ensure accountability to supporters and provide context for your work and accomplishments.
The project did not participate in GG20, thus there are no prior milestones to update in the KarmaGAP link.
Even if the project was accepted into previous rounds, grantees will be eliminated from participation in the GG21QF Round for the following reasons: -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 -If they submit more than one project into the round -If they are primarily a token launch or NFT project to raise money for a liquidity pool -If the project does not clearly demonstrate a primary focus on being a climate solution with clear and proven climate impacts.
There is no evidence that the project is involved in any prohibited activities, and it clearly demonstrates a primary focus on being a climate solution with proven impact.
All returning grantees are required to include the following: -An update to their proposal including any lessons learned from previous work -A description of how they plan to use the additional funding from the upcoming round and how additional funding will help the project meet its goals -A rough timeline for the project overall -A short bio for each team member and their qualifications.
As this is their first time applying for a GG round, this requirement may not be applicable. Despite this, they have provided detailed information about their team and use of funds.
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 project is technically feasible and demonstrates the team's extensive experience and qualifications in sustainability and technology.
Projects must comply with Gitcoin core rules and eligibility.
The project adheres to all Gitcoin core rules and eligibility requirements as no violations are evident.