Alinticoin
Developing an eco-friendly cryptocurrency backed by solar-powered green rooftops that produce clean energy, capture CO2, and transform into digital tokens representing environmental value.User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:40 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
Insufficient information regarding the project's age is provided in the scenario. A verifiable establishment date is required to assess this criterion.
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 description indicates that the primary focus of Alinticoin is on climate solutions, by creating green crypto to support environmental projects and by generating clean energy through hybrid green roofs. This aligns with the reduction of GHGs and represents an infrastructure for web3 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.
Without prior knowledge of whether Alinticoin received funding in previous rounds, it's impossible to determine if they have met this criterion. Furthermore, the scenario provides no progress report.
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.
Similar to the previous criterion, without information on prior grants or receipt of funds, it is uncertain if they have fulfilled this requirement. The provided details do not describe an updated proposal, lessons learned, or future use of funds.
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.
The project concept of combining green roofing with blockchain technology to incentivize environmental value appears to be within the realm of viability. The initiative does not suggest any implausible elements and fits within current trends in sustainable technology and web3.