Borneo Forest Credits

Borneo Forest Credits

A forest credit economy offsetting deforestation, funding restoration NGOs, and empowering indigenous people economically, supported by Malaysia's largest student blockchain club.
Application
Applied on: 13 Aug 2024 06:56 AM
Round: Asia Round
Rejected
User Review
AI Review
A1
Reviewed on 13 Aug 2024 07:00 AM
The Grant must be in support of or directly advance the Asian public goods ecosystem; or at least one founder identifies him/herself as Asian. We will refer to the public goods report released by GCC last December for the definition of public goods.
The project directly focuses on deforestation mitigation and supports the well-being of indigenous people in Malaysia, which is part of the Asian public goods ecosystem. Additionally, both founders identify as Asian.
The project must clearly articulate the problem it addresses, the solution, the implementation plan, the financial plan, and demonstrate there is an excellent team or community for execution
The project description clearly outlines the problem of deforestation, the solution of forest credits, and a marketplace for indigenous handicrafts. The implementation and financial plan have also been provided and there is a competent team in place.
Project must be 3 months old and the project must demonstrate some tangible progress towards their stated goals, with a working MVP is available to the public. We will use Twitter, official website, github, and other public info to determine this. Newer projects should establish themselves and submit to the next round.
The provided information does not clearly indicate the project's age or confirm that a working MVP is available to the public. No GitHub activity for the project can be reviewed to determine progress.
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.
There is no evidence to suggest the project is encouraging or enabling Sybil attacks or any form of malicious manipulation.
Projects must comply with Gitcoin core rules and eligibility criteria.
Based on the provided information, the project appears to comply with Gitcoin core rules and eligibility criteria.