GoodDollar
GoodDollar is fundraising to support GoodCollective, a platform that offers direct payments for climate action initiatives, integrating technology to facilitate environmental stewardship and sustainability, piloting in Brazil and Kenya.User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:52 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
GoodDollar was launched in 2020, making it much older than the 3-month requirement.
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.
GoodDollar's project, GoodCollective, is focused on climate impact initiatives with specific pilots for recycling and reforestation, thereby meeting the requirement of being primarily focused on 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 provided information on whether GoodDollar received funding in previous rounds, and thus no progress report can be assessed.
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.
There is no detailed information on whether the proposal has been updated with lessons learned and specific uses for additional funding as would be required for returning grantees, as well as the rough timeline for the project.
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.
GoodDollar has shown credibility through its scale, partnership, and active pilots making it within the 'realm of viability' for the average person familiar with web3 and climate solutions.