Infinity Network
Develop and launch a blockchain-based crypto mining app with features like a referral program, partnerships, KYC, NFTs, audit, and exchange listings, leading to a decentralized ecosystem with its own payment system.Application
Applied on: 17 Aug 2023 12:30 AM
Rejected
User Review
AI Review
A1
Reviewed on 14 Feb 2024 11:34 AM
The Grant must be in support of or directly advance the Global Chinese Community blockchain ecosystem; At least one founder or team member uses Chinese as their daily language
The provided information does not clearly indicate whether the project directly supports or advances the Global Chinese Community blockchain ecosystem, or whether at least one founder or team member uses Chinese as their daily language.
Projects haven’t received significant external funding via venture capital, token launches, or NFT sales
The project description includes plans for a 'private fundraising' and 'initiate IDO', which indicates that the project has intentions to receive external funding, potentially disqualifying it from meeting this criterion.
The Grant may not have any form of quid pro quo that has financial value (a scenario in which a user gets some additional unique benefit/award in return for their donation).
The provided information lacks detail on the grant's terms and whether it includes a quid pro quo with financial value. There is no explicit mention of benefits or rewards for donations.
The Grant owner must be directly affiliated with the project, the funds must go to the project and be used for the purposes stated in Grant’s details.
Both the project and the user's GitHub accounts share the same name (INcoreTeam), suggesting that the grant owner is directly affiliated with the project. However, without additional verification, this assessment is based on available data.