HonorCode
Open-source protocol establishing semi-transferable tokens for recognizing DAO contributions, enabling artifact vouching, staking, and a community-governed impact recognition system.Application
Applied on: 21 Apr 2024 10:02 PM
Approved
User Review
AI Review
A1
Reviewed on 21 Apr 2024 11:01 PM
Advance the field of token engineering (tldr; economics and system design with crypto / design and analysis of cryptoeconomic systems)
The HonorCode protocol introduces a semi-transferable token that aims to balance impact recognition with the flexibility required in DAO ecosystems, implying an advancement in cryptoeconomic mechanisms and design.
Focus on token engineering research, education, software development and/or social infrastructure
HonorCode's approach to a reputation protocol for DAOs represents a practical implementation in the realm of token engineering, encompassing research and software development.
Be a public good
As an open-source protocol with a focus on recognizing contributions in DAOs, HonorCode services the broader crypto community, aligning it with the characteristics of a public good.
Specify your short-term goals (within the scope of the grant) and long-term vision of their projects
There was not enough information provided to determine if short-term goals and a long-term vision are clearly specified.
Provide some proof of already existing work and list any recent milestones, even if small, to be included into the round
The provided GitHub repo and website demonstrate that existing work on HonorCode is already in progress, with recent commits indicating ongoing development.
Have a project update - If you are a returning grantee, you must provide an update on what work has been accomplished since the last grant round your project received funding from
Without information on prior grant rounds, it is unclear whether this project is returning or if there has been an update since the last funding.
Have a verified Twitter account
The provided Twitter link leads to a profile that lacks the verification badge.