metadata: {"signature": "0xf84855026befa2fa2ba82a6b72e8dd9f98fcdfcfdc8e58a84f1c1402f5d39dc648debc672dba9a1ccfe4fd1732392f9a249101880523b869f6663b1432f286391c", "application": {"round": "0x98720dd1925d34a2453ebc1f91c9d48e7e89ec29", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "6eO2madHdn5JQ9Q/Drc66c7q5mUif2F2C8sbK/eqBAnRE07/FedoEyIiZKBYbTri", "encryptedSymmetricKey": "09a11bf0e3e82785ecc415d5b6ad4dc559332de1031e231457e4b3e58e185171e474db92031c7e6621f0af533d0d0e03280e86846417cfd287bff1fab12f0119e0e3fcd207f7904b0b13550f1ea1ce127084dc6c95686ed4c7bd5da4e256a692d7b01195393d96203e0d4751be50bbabe549256f9ea72c2294559a7d44be06c60000000000000020cc7a4fde4f2fb818eea448ae3544ace49a5671b8f480340ac0f85731651c75fb30140338808c35663ccc0606a2825aa7"}}, {"type": "short-answer", "answer": "N/A", "hidden": false, "question": "Telegram Handle (you can answer N/A)", "questionId": 1}, {"type": "short-answer", "hidden": false, "question": "Gitcoin Gov Forum Handle (gov.gitcoin.co)", "questionId": 2}, {"type": "short-answer", "answer": "https://discord.com/invite/vEZuVYpcAp", "hidden": false, "question": "Link to your Public Group Chat (Discord or Telegram )", "questionId": 3}, {"type": "short-answer", "answer": "We want the stablecoin ecosystem to grow larger and healthier. Stablecoins have vast unmet potential, whether as a savings and payment method for people in countries with weak banks or as a form of cross-border business-to-business payments. Our ratings will offer some measure of confidence to new users, which can help the Web3 user base grow. We hope our ratings will start a debate among sophisticated users and among stablecoin issuers about what safe stablecoins look like. And ultimately, we hope to encourage stablecoin projects themselves to disclose more information about their assets, their liabilities, their internal procedures, and their management team. We won\u2019t just help individual users navigate a dangerous space: we\u2019ll also help to create a safer space.", "hidden": false, "question": "How is your project focused on improving the Web3 ecosystem? ", "questionId": 4}, {"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": 5}, {"type": "paragraph", "answer": "Our goal is to help users avoid financial losses arising from the use of stablecoins by providing freely accessible and detailed analysis of stablecoins to the whole community. Success for this project will be defined by the team\u2019s accurate identification of stablecoin risks and dissemination of early warning signals to its users.\n\nMetric: Whether a materialized stablecoin risk was accurately flagged/reported in advance.", "hidden": false, "question": "How do you measure the impact of your project? Please provide examples and/or standard metrics. This might be used in future impact reports ", "questionId": 6}, {"type": "number", "answer": "150.000", "hidden": false, "question": "Total Prior Funding for the project in USD", "questionId": 7}, {"type": "multiple-choice", "answer": "N/A", "hidden": false, "question": "Which of the following funding sources have you received? Check all that apply", "questionId": 8}, {"type": "number", "answer": "3", "hidden": false, "question": "Total Team Size", "questionId": 9}, {"type": "number", "answer": "4", "hidden": false, "question": "How old (in Months) is the project? (We will use twitter, domain registration, github, etc to verify)", "questionId": 10}, {"type": "address", "hidden": true, "question": "If you participated in past grant rounds using a different project payout wallet address, please share it here:", "questionId": 11}, {"type": "paragraph", "answer": "Benjamin Levit:\nhttps://twitter.com/levitben\nhttps://www.linkedin.com/in/benjamin-levit-247a2226b/\n\nGarett Jones:\nhttps://twitter.com/GarettJones\nhttps://www.linkedin.com/in/garett-jones-56295927/\n\nVaidya Pallasena:\nhttps://twitter.com/Deathereum\nhttps://www.linkedin.com/in/vaidya-pallasena/", "hidden": true, "question": "Profiles or socials of other main team members publicly associated with the project (N/A for solo founders): ", "questionId": 12}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Have you read and confirmed your grant abides by the Program General Eligibility Policy? https://gitcoin.notion.site/GG19-Eligibility-50843c8b3ab44ad297731a00efa6e389?pvs=4  ", "questionId": 13}, {"type": "paragraph", "answer": "Previous stablecoin research by Deathereum: https://deathereum.substack.com/p/chasing-stability-a-stablecoin-deepdive\n\nThrough our work, we hope to help stablecoin users make informed decisions about transacting with stablecoins and understand associated risks. So far, we've been funded by donations \u2014 receiving Web3 Community and Education grants would go a long way in validating our mission and support our approach as a public good. We appreciate you considering our application.", "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": 14}, {"type": "multiple-choice", "hidden": true, "question": "Would you like to opt-in to future messages from Gitcoin for updates, information, and/or interviews? ", "questionId": 15, "encryptedAnswer": {"ciphertext": "HiNXlwtfbma+5o3boXUjDPcjanVuSKDq+CntPEHgG08=", "encryptedSymmetricKey": "4539bd3440c6a8bbf70fd9fabd401b25c70431aeba93e5db3eda8c8fddc695fd3854cdb9ad62f9a045f8bd934f4a6a0ac376647054781eefd66efe12642f35324c1fa04b7c2587c58872791909115f627776309d0a1b6883159203ff8aef4f810764525f22e61a7044b6bc8b44ad42cce250fd5762dbaf851721c2f003fa40400000000000000020323f1432d9dd7a087235a1de15bcc6fac3a5af5de4a08acc2719ad21d527249b4eb5d17cd1ca884e15fadcc7210976b1"}}, {"type": "multiple-choice", "hidden": true, "question": "Would you like to opt-in to us sharing your information with select third-parties for investment opportunities? ", "questionId": 16, "encryptedAnswer": {"ciphertext": "JOgVvqHNIH9V6zKEghC9XdKctauWY9tKhF5LbeDe43I=", "encryptedSymmetricKey": "85d6485a4f240a6a2ca057606b26704add642eb320a3b514d2cfb7f618c98ba833655f18393974477c5099c28cca2015083126dc0b023663f3cba95cb9e2160df53464ba64ea6e251d079c975eb3648c58297d0d3a646e524977858d6c859790ab52ab3217220ddc0d63e96991ed56bedb35046175a025d4e3b7cef84fc91ff10000000000000020f898674ddddf91378cecc17a08c3888113b2b1218b88f8558262c84656b425a318f1eeb05e0abacdc6c7428958b32597"}}, {"type": "multiple-choice", "answer": "North America", "hidden": false, "question": "Location/Region where the project is based.  Choose from: ", "questionId": 17}], "project": {"id": "424:0xDF9BF58Aa1A1B73F0e214d79C652a7dd37a6074e:282", "title": "Bluechip", "logoImg": "bafkreiaumwzuan6mhyezwqnwnrk6yz4vryr35yhokbvzbkq7ikube7efzq", "metaPtr": {"pointer": "bafkreia73b2xiwakvfkeszd4xcntvtsmxk2jbi6wlqsnyapckfoe2cz3be", "protocol": "1"}, "website": "https://bluechip.org", "bannerImg": "bafkreicbfda273lpsnoc5yvbint5x73t7qs5xigfvz45cbetuhfyphzrbu", "createdAt": 1699381021673, "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..q1U1A_rWN0uwDpcGS6r8sjgex42Y2pGKFJgeJsegK5uM9b6eOTdDi9cKx0Goi_R9YZ1jL_MT1qxfGKTNBk97Cg", "type": "Ed25519Signature2018", "created": "2023-11-07T18:13:25.517Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-11-07T18:13:25.517Z", "expirationDate": "2024-02-05T18:13:25.517Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xDFf3f853B6F2c4Ac0eD1B818201eFBdf78315974", "hash": "v0.0.0:FLKCpjECgdIXJuz6alz4owPDZxfNgGmn3kus+Jfm77U=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#bluechip_org"}}}, "description": "Bluechip is an independent nonprofit organization dedicated to evaluating stablecoin safety and sharing our conclusions with the world at no cost. Our goal is to help every type of user make safer decisions, from people considering holding stablecoins for the first time, to regular users, to experts who manage large treasuries. \n\nThe need that Bluechip is trying to address is freely-accessible and credible information about the safety of stablecoins. Towards this objective, we developed an appropriate rating methodology that accounts for each stablecoin's constituent risks. The result of this effort is the SMIDGE rating framework: Stability, Management, Implementation, Decentralization, Governance, Externals. \n\nSMIDGE focuses on the fact that stablecoin projects are not to be trusted without solid evidence, and it pulls together the best available evidence on which project looks safer than others. We offer simple letter grades, more sophisticated graphics that sum up a stablecoin's strengths and weaknesses, and full reports that evaluate these and offer suggestions for improvement. \n\nOver the long run Bluechip aims to have important network effects, not just helping individual users make better choices, but also helping the entire stablecoin ecosystem become safer and more trustworthy, both by putting a spotlight on poor practices and by encouraging stablecoin projects to disclose more information about their liabilities, asset holdings, management quality, and governance systems.", "lastUpdated": 0, "projectTwitter": "bluechip_org"}, "recipient": "0xDFf3f853B6F2c4Ac0eD1B818201eFBdf78315974"}}