RMTerra
RMTerra aims to restore and preserve forests using blockchain for transparency, focusing on rehabilitating land in Portugal affected by wildfires with syntropic farming and community partnerships.User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:45 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The age of the project 'RMTerra' has not been provided; thus, it is not possible to determine whether it meets the minimum age requirement of three months.
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.
RMTerra is focused on restoration and preservation of forests and ecosystems, which are directly related to climate solutions through carbon sequestration. However, the proposal does not explicitly mention GHG reduction, but the general approach is aligned with climate solutions.
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.
There is no information provided regarding previous funding or progress reports since GR15 or the Alpha & Beta rounds, making it impossible to assess this criterion.
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.
Without information on whether RMTerra is a returning grantee and whether they have received previous rounds of funding, it cannot be determined if they have met the requirement for an updated proposal reflecting lessons learned and detailed use of additional funding.
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.
RMTerra's goals to restore and preserve natural ecosystems through reforestation and collaboration with local communities appear to be within the realm of viability and the project seems credible in its intention to merge web2 with web3 technologies for climate solutions.