metadata: {"signature": "0x5f793e5e77bc7f5fe67c6ef6b3ed80286bd3f1d25e8513bdaa3dc60f2a71e9b7754af150f7ac9c949fc05a406fbf185601e2aa197f55fca031e0928291b064e41c", "application": {"round": "0xe03a19f4921d69cddd37f54dfe814dc66aa92100", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "STtnEfxubySjAk6PuLJ2mDK2DFQZVlsrIj7FvSW8iEY=", "encryptedSymmetricKey": "e01718d0c7e64b4b2dddddae0072a2210403cb3f550caf92f7da517ac1ec7f0314cde4ec38805b6f8f5fb39aac1dc906dd6d120af8602cd3866f2bae843a456a02895218b3f5b866f859cc820ab2b59fdd94de6d8384cabac356c8634f730f8463f3fb8e7f1104c9e3b6a8f335461fe8cc7164f6b8103d74c7a33ce88ce8a49e00000000000000204c81c29866214d2d70214d54e52b4cddac9253dd0a77c2c4fdaf184e33f7f80479174b8674cd48dda54daa181d6fe1a4"}}, {"type": "short-answer", "hidden": true, "question": "Telegram Handle We Can Use To Contact You(you can answer N/A)", "questionId": 1, "encryptedAnswer": {"ciphertext": "yiPqbx+Ud/RS5ZEzgV/lhe53RbNtwH+WJXWOoYYg4rg=", "encryptedSymmetricKey": "835f1ed9a99e75c39298dd20053ed4e2abdf430543f480bd434284a61095c5112e8e0e557254f22f46029ee3767135072ff9380d28f82759312b9e1c3c85b10594d47b58504fd591075f3360746c19631d925ddb1ebdf7be7066206280881d8d658f332da5c213c9e2220fade904956ce4dbfb93d512eac50ae60c162507096600000000000000208a5a02bd280f7044ca4232487892b4ccebaeb267ffa07169f4a4e92460299383c4555fcb0610fac72f6e97069c4c1fb5"}}, {"type": "link", "answer": "https://github.com/denotalabs/denota-protocol", "hidden": false, "question": "Project GitHub Repo (Not Team Page): ", "questionId": 2}, {"type": "number", "answer": "1", "hidden": false, "question": "Total Team Size", "questionId": 3}, {"type": "paragraph", "answer": "Almaraz97 - 0xd20E342dB297646a500A980088723C9E8af9810d", "hidden": false, "question": "List the Github Handles and Wallet Addresses of Each Team Member (e.g. owocki - 0x123, kbw  - 0x456):", "questionId": 4}, {"type": "paragraph", "answer": "@almarazETH", "hidden": true, "question": "Social profiles (Twitter, Farcaster, Lens, etc.) of other main team members publicly associated with the project (N/A for solo founders): ", "questionId": 5}, {"type": "link", "hidden": false, "question": "Link to your Public Group Chat (e.g. Discord or Telegram)", "questionId": 6}, {"type": "paragraph", "answer": "N/A", "hidden": false, "question": "If you've participated in past grant rounds, please share any new updates or milestones from the prior months (N/A if you haven\u2019t participated previously). ", "questionId": 7}, {"type": "address", "answer": "", "hidden": true, "question": "If you participated in past grant rounds using a different project payout wallet address, please share it here:", "questionId": 8}, {"type": "paragraph", "answer": "Twitter- @DenotaLabs", "hidden": false, "question": "Where should we look to see the impact of your project? Please provide links to public websites and/or the latest values for key metrics you track privately. This might be used in future impact reports", "questionId": 9}, {"type": "paragraph", "answer": "VC- 437k\nAward- 1k", "hidden": false, "question": "Total Prior Funding Amounts, Sources, and Dates for the project in USD", "questionId": 10}, {"type": "checkbox", "answer": ["VC"], "hidden": false, "question": "Which of the following funding sources do you have? Check all that apply", "questionId": 11}, {"type": "number", "answer": "19", "hidden": false, "question": "How old (in Months) is the project?  ", "questionId": 12}, {"type": "multiple-choice", "answer": "North America", "hidden": false, "question": "Location/Region where the project is based ", "questionId": 13}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Have you read and confirmed your grant abides by the Program General Eligibility Policy? ", "questionId": 14}, {"type": "short-answer", "answer": "No", "hidden": true, "question": "Are you applying for any other OSS rounds in GG20? (Reminder: you can only be accepted into one) ", "questionId": 15}, {"type": "paragraph", "answer": "A lack of trust, transparency, and accountability for web3 payments. This is most useful to freelancers, DAOs, and eCommerce platforms", "hidden": false, "question": "Please describe your dApp or App, focusing on its innovative utility or service within the ecosystem. Highlight the problem it solves or the need it addresses.", "questionId": 16}, {"type": "paragraph", "answer": "It allows developers to create and integrate payment agreements within their apps.", "hidden": false, "question": "Describe how your application improves user experience in the Web3 space. Include any specific design choices or features that enhance accessibility and practical utility.", "questionId": 17}, {"type": "paragraph", "answer": "It gives power back to people who might fall victim to scams by giving them tools for transparent payment terms and mechanisms for accountability", "hidden": false, "question": "In what ways does your project contribute to financial inclusion, education, or social impact? Explain the specific areas of impact and the target audience or communities you serve.", "questionId": 18}, {"type": "paragraph", "answer": "BULS (but will release as MIT) and publicly available", "hidden": false, "question": "What type of open source software (OSS) license(s) do you have? Is all of your code available on public repos or is some portion of your codebase private?", "questionId": 19}, {"type": "paragraph", "answer": "Finishing the protocol development, needing an audit, and streamlining the user facing app", "hidden": false, "question": "What stage of development is your application currently in, and what are your immediate next steps? Provide a roadmap or development timeline if available.", "questionId": 20}, {"type": "paragraph", "answer": "It would allow for an audit, build community of users, and build tooling for developers to better integrate Denota protocol into their apps", "hidden": false, "question": "How would funding from this round support your project's development and goals? Outline specific areas where the funds would be allocated (e.g., development, user research, community building).", "questionId": 21}, {"type": "paragraph", "answer": "", "hidden": false, "question": "Anything else you'd like to share about your project, previous work, or other project affiliations? Anything you'd like to add that may help in determining project eligibility?", "questionId": 22}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Would you like to opt-in to future messages from Gitcoin for updates, information, and/or interviews? ", "questionId": 23}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Would you like to opt-in to us sharing your information with select third-parties for investment opportunities? ", "questionId": 24}], "project": {"id": "0xdf26cc586a7f0683d8ca7116a3c9dbd92cf062f713fc2619783d8de8822c53ca", "title": "Denota Protocol", "logoImg": "bafkreib5lceu4a57atolbdg6czy4zrmys2re3xmg4sicixvqzod5buxxli", "metaPtr": {"pointer": "bafkreihhmvpyvfkdk4yt6dyr2flv4hfkx5uo2dxgl5sapbx2lkg5dmvmuq", "protocol": "undefined"}, "website": "https://app.denota.xyz", "createdAt": 1713233563142, "userGithub": "Almaraz97", "credentials": {}, "description": "Project Overview:\nDenota Protocol is a developer-centric, programmable escrow infrastructure designed to address the trust deficit in Web3 payments, a major barrier to mainstream adoption. By providing an intuitive and flexible framework for creating custom payment agreements, Denota enables dApps and Apps to offer enhanced user protections, transparency, and accountability, making it easier for everyday users to navigate and benefit from decentralized finance.\n\nProblem Statement:\nThe current perception of Web3 is marred by its association with scams, fraud, and a lack of user protections, eroding public trust and hindering adoption. As regulators take notice, there is a pressing need for a decentralized solution that provides the necessary safeguards while preserving Web3's core values. Existing escrow solutions often fail to prioritize user experience, accessibility, and practical utility, further widening the gap between complex innovations and their real-world application.\n\nSolution:\nDenota Protocol offers a user-friendly, programmable escrow system that allows developers to codify payment agreements on-chain, providing a spectrum of trust options and customizable features. By representing escrows as NFTs, Denota enables interoperability, liquidity, and composability, seamlessly integrating with various dApps and Apps. The protocol's extensible hook-based architecture empowers developers to build and monetize their own escrow programs, tailored to the specific needs of their users, while maintaining a focus on exceptional user experience and accessibility.\n\nKey Features:\n\n1. User-Centric Design: Intuitive interface and streamlined user experience for creating and managing escrows.\n2. Programmable Escrow: Customize payment agreements with various protections, conditions, and metadata.\n3. NFT Representation: Escrows are minted as NFTs, enabling interoperability and liquidity.\n4. Extensible Hook Architecture: Developers can create and deploy their own escrow programs.\n5. Gas Optimization: Highly optimized smart contracts for reduced gas costs.\n\nInnovative Use Cases:\n\n1. Freelancer Protections: Ensure secure payments and reduce the risk of scams, building trust between clients and freelancers.\n2. Financial Inclusion: Enable underbanked populations to participate in secure, transparent, and accountable financial transactions.\n3. Education and Social Impact: Facilitate trustless payments for educational initiatives and social impact projects, ensuring funds are used as intended.\n4. Recurring Payments: Enable trustless subscription-based payments with customizable conditions and protections.\n\nTraction and Partnerships:\nDenota Protocol has been recognized by CELO with the \"Future of Payments\" award and has established a strategic partnership with Kleros, a leading decentralized arbitration service. We are actively seeking collaborations with dApps and Apps focused on financial inclusion, education, and social impact to expand the protocol's reach and impact.\n\nRoadmap:\n\n1. User Experience Enhancements (Q3 2024): Conduct user research and implement improvements to the escrow creation and management process.\n2. Ecosystem Partnerships (Q4 2024): Collaborate with dApps and Apps in the financial inclusion, education, and social impact sectors to integrate Denota's escrow functionality.\n3. Educational Content (Q1 2025): Develop user guides, tutorials, and educational materials to help users understand and benefit from programmable escrows.\n4. Mainstream Adoption (Q2 2025): Launch marketing campaigns and participate in events to promote Denota Protocol to a wider audience, emphasizing its user-centric design and innovative use cases.\n\nConclusion:\nDenota Protocol is building the trust infrastructure necessary for Web3 payments to achieve mainstream adoption. By providing a user-centric, programmable escrow system that prioritizes accessibility, innovation, and practical utility, Denota aims to change the public perception of Web3 and foster a thriving ecosystem of secure and accountable payment solutions. With a strong focus on user experience, financial inclusion, education, and social impact, Denota is well-positioned to become the go-to escrow protocol for dApps and Apps, bringing the benefits of decentralized finance to everyday users.", "lastUpdated": 0, "projectGithub": "denotalabs", "projectTwitter": "DenotaLabs"}, "recipient": "0xd20E342dB297646a500A980088723C9E8af9810d"}}