Bloom Network
Cyber-physical network empowering global grassroots climate action through knowledge-sharing and regenerative projects with a new smart contracts reward system.User Review
AI Review
A1
Reviewed on 14 Feb 2024 06:11 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
Bloom Network appears to have been operational and involved in climate solutions for an extended period, as evidenced by its multiple local hubs and international reach.
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's primary focus is on climate solutions, evidenced by their community gardens, agroforestry and solar co-ops initiatives, and the development of regional regenerative economies.
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 project has provided a clear report of their achievements since the Gitcoin Beta Round, such as completing smart contracts for their Regenerative Action bounties protocol and expanding their network with new local hubs.
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.
Bloom Network has outlined a Q4 budget with specific needs and how the funding will be used. They've shown progress and learning through the implementation of new features based on community feedback.
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.
Considering the existing structure, achievements, and detailed future plans provided, Bloom Network appears credible and demonstrates genuine intent to build upon its project using web3 technology for climate solutions.