Carbon Anti-Theft
Implement a smart contract, "Carbon Flow," using ERC-1155 to regulate carbon token transfers, prevent theft, and enable carbon token swaps. It introduces voluntary emissions withdrawal, "retired" tokens, and competitive carbon tax set by DAOs. Funds will finalize the DAO's user interface and audit the smart contract.User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:47 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The project's age isn’t specified in the provided information, making it impossible to assess based on the data given.
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.
The project focuses on theft protection within the carbon markets using smart contracts, which supports the infrastructure necessary for web3 climate solutions and thus indirectly contributes to GHG reduction by ensuring the integrity of carbon credits.
Grantees who received funding in previous rounds should report on project progress since GR15 or the Alpha & Beta rounds. We understand that some projects may have less progress given the timing of Alpha & Beta round disbursements. This will ensure accountability to supporters and also help encourage contributors by showing what you’ve been accomplishing.
The project developer has reported on the progress made since the Alpha round, detailing development milestones such as starting the DAO app anew and creating various components and functionality.
All returning grantees are expected to update their proposal, in addition to project updates the proposal should include lessons learned from previous work and how they will use the additional funding from the upcoming round. The updated proposal should indicate how additional funding will help the project meet its goals, and include a rough timeline for the project overall.
While there's a mention of a lesson learned regarding the creation of a standalone Colony SDK app, there's a lack of detailed information on how additional funds will be specifically used for the project and no rough timeline provided.
There is a general expectation that projects are within the “realm of viability”. Even if a project may be at a very early stage, it still must seem credible to the average person with an understanding of web3 technology and climate solutions. Grantee founders must genuinely intend to build the project, and the project must not broadly be considered an impossibility.
Assuming the baseline viability of ERC-1155 technology for carbon trading, the smart contract and DAO for 'Carbon Anti-Theft' seem credible and within the realm of possibility for individuals familiar with web3 technology and climate solutions.