viaPrize

viaPrize

Crowdfunding platform that holds funds for projects until someone completes them, ensuring refunds if projects fail and incentivizing open-source creations.
Application
Applied on: 8 Oct 2024 07:44 PM
Approved
User Review
R1
Reviewed on 9 Oct 2024 11:00 PM
Demonstrate user-centric design and functionality
Show contribution to Web3 ecosystem growth
Present innovation in application use cases
Meet the general eligibility criteria for Gitcoin Grants, including open-source principles and ethical standards
The project meets all the criteria of the OSS Round, also as an OG Gitcoin Grantee has demonstrated aligned building towards common good of Web3 Ecosystem. The viaPrize app meets all the criteria set for the dApps category
AI Review
A1
Reviewed on 8 Oct 2024 08:01 PM
Demonstrate user-centric design and functionality
The project features a user-centric approach, enabling various types of users (proposers, funders, and contestants) to interact and benefit from the platform. The design ensures that if no one completes a project, funders are refunded.
Show contribution to Web3 ecosystem growth
viaPrize significantly contributes to the Web3 ecosystem by creating a novel crowdfunding mechanism that leverages smart contracts to ensure funder confidence and builder security. It also focuses on OSS prizes, which further promotes ecosystem growth.
Present innovation in application use cases
The project presents an innovative use case by offering a crowdfunding system that allows any builder to complete a project and receive funding, ensuring accountability and reducing wasted funds. It differentiates itself with smart contract mechanisms and an inclusive approach to project completion.
Meet the general eligibility criteria for Gitcoin Grants, including open-source principles and ethical standards
The project adheres to open-source principles as evidenced by its GitHub repositories and places a strong emphasis on ethical standards by ensuring funder confidence and builder security. This aligns with the general eligibility criteria for Gitcoin Grants.