Simbiotica | The source for impact insights on-chain.

Simbiotica | The source for impact insights on-chain.

Web3 analytics platform providing impact scores for digital assets, with over 470 institutions and $20B in asset market cap tracked, aimed at transparently advancing positive environmental and social change.
Application
Applied on: 10 Aug 2023 04:05 AM
Approved
User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:50 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The project's age is not explicitly provided, which prevents a definitive assessment of its maturity.
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 provides an impact assessment framework for digital assets, which directly impacts climate solutions by enabling investment in projects and assets targeted at addressing climate change.
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 on whether this project has received previous funding and the progress since then. The evaluation cannot be completed without this data.
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.
The provided information does not indicate if there were past rounds of funding or an updated proposal, hence it is unclear if this criterion is applicable or met.
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's objectives and methodology outline a viable approach, leveraging web3 technology for climate solutions, and there is no indication that the project is not genuine or is broadly considered an impossibility.