KNS Domains
KNS domains on Polygon integrate web3 and carbon offsetting, enabling users to showcase carbon neutrality through minting domains that retire carbon credits and stake KLIMA tokens.User Review
AI Review
A1
Reviewed on 14 Feb 2024 06:07 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The project website and provided materials suggest that KNS Domains has been operational and the description indicates an established project. However, explicit evidence indicating the exact age of the project is not provided.
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 KNS Domains project is built around carbon reduction by tying web3 domain functionality to carbon-offsetting mechanisms, which is directly related to climate solutions and explicitly outlines how it helps to reduce GHGs.
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.
The evaluation details do not contain enough information about previous funding rounds or progress reports post those funding rounds. It is unclear if KNS Domains has received funding before and reported on project progress since then.
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 specific details regarding past grantee status and updates concerning lessons learned, it's uncertain if KNS Domains has met this requirement. There is a mention of leveraging past grant experience without clear links to the aforementioned lessons or updated proposal details.
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.
KNS Domains appears to be leveraging existing web3 technologies to address climate solutions and does not propose any concept broadly considered technologically impossible. Despite early stages, the project seems to manifest a credible, genuine intention to build and scale its climate solution centric services.