GainForest: A global conservation basic income enabled by AI and web3
Non-profit using drones, AI, and a global network to reverse deforestation by compensating local communities for ecological data collection and verification.User Review
AI Review
A1
Reviewed on 14 Feb 2024 06:00 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The GainForest project has been described as a non-profit and an XPRIZE finalist, which implies that it has been established for longer than 3 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.
The project is clearly focused on climate solutions, aiming to halt and reverse global deforestation by 2030, which would have a direct impact on GHG reductions.
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 past funding from Gitcoin or the progress report since the last funding rounds, hence the determination cannot be made from the provided 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 text does not detail an updated proposal reflecting lessons learned from previous work or explain how additional funds will be used to meet project goals. It is unclear whether this requirement is 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.
Given that GainForest is an XPRIZE finalist and is developing technology to monetize data collection in conservation, the project appears to be within the realm of viability and credible to those with an understanding of web3 technology and climate solutions.