metadata: {"signature": "0x8b19883d6c19a5781d1357d40ff89749de5dc068bb22ce4e01bb8e39a4766ed830104675b3607980abfc839cda6157cbcb6604be51853ec888e8788aad9f8cb51c", "application": {"round": "0xb6be0ecafdb66dd848b0480db40056ff94a9465d", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "5AUYMX2umtUIiQrjr52ZH2e0zpA3hln7bGlzyrPV2pubd46q1wrYFNuoqeijR3DG", "encryptedSymmetricKey": "dd4d8f2013624c3381273ca55964a26663ae757a99220e80c4b745cc955db7c4d50578458281fb35b5f91c824aa70e0df9f62a03a854c07039f5025ec435bc73539140c55bf6086dfbe92af3ac64488dee5537757cdbde0d43294e87ead8a586f2df678dda701262e2eb1b8be8ad3d066012d88f65efc96b18646e95e74131260000000000000020b0b313e702a03dc69011b15e4183e4f67921176e9f8ff1c8f9cc7586bb0659dd0dfda94707c32e796c19b90e37da9aa6"}}, {"type": "short-answer", "hidden": true, "question": "Telegram Handle", "questionId": 1, "encryptedAnswer": {"ciphertext": "oSy2odbx44TUmmtF7RYg9k/nJqYTE0kPCErqrjk3HqMiI7gMJQ5sbp9zo2PIcm7m", "encryptedSymmetricKey": "4a57a2c58740505144162afb33ddb6657e02a4670033ad30398ef36fca53b7e099f6163d52b066aea18d5de7612de009e713fda56307c154a2a6bc8e1d2b957ff98b1e4b5105f19d647f00f99130f34721801fd70106be8642d1b3f9d27a9ab863f66927a51400c6e136cc749c1ec163dc576f9db951a5a6608a13e426ad6b600000000000000020531de00846b9f7de176a01eaaaaba111dd786a90fdb7207d27f1650aec1528f2cd3ba44b56b70b3ff59ccdc15bbfdcb0"}}, {"type": "short-answer", "hidden": false, "question": "Link to your Public Group Chat (Discord or Telegram)", "questionId": 2}, {"type": "number", "answer": "0", "hidden": false, "question": "Total prior funding for the project in USD", "questionId": 3}, {"type": "paragraph", "hidden": false, "question": "Please expand on how much funding you\u2019ve received from each funding source and when? (VC, grants by foundation, token sales, etc) ", "questionId": 4}, {"type": "number", "answer": "2", "hidden": false, "question": "Total team size", "questionId": 5}, {"type": "number", "answer": "5", "hidden": false, "question": "How old (in Months) is the project? ", "questionId": 6}, {"type": "short-answer", "hidden": true, "question": "If you participated in past grant rounds using a different project payout wallet address, please share it here:", "questionId": 7}, {"type": "paragraph", "answer": "Mittal \n\nClimate-conscious full stack developer \n\nDan  \n\nEnvironmental economist with a focus on climate mitigation policies", "hidden": true, "question": "Profiles or socials of other main team members publicly associated with the project: ", "questionId": 8}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Have you read and confirmed your grant abides by the Program General Eligibility Policy? https://gitcoin.notion.site/GG18-Eligibility-cb4a5754c56043d4b3ed34eddbac261c?pvs=4", "questionId": 9}, {"type": "paragraph", "answer": "xParametric effectively tackles GHG emissions by promoting climate-positive behaviors through a combination of financial incentives and increased climate awareness. Prediction markets foster climate awareness by actively engaging individuals in predicting climate-related outcomes, which prompts them to stay informed and consider the consequences of their predictions, resulting in increased climate awareness. A recent study by Cerf, Matz, and MacIver (2023), published in Nature Climate Change, confirmed that individuals who participated in climate prediction markets exhibited increased awareness and heightened apprehension about the impacts of global warming.  \n\nAdditionally, xParametric lays the groundwork for decentralized climate finance on web3. The protocol's smart contracts enable trustless transactions of tokenized climate risks, setting the stage for new carbon markets, parametric insurance models, and other decentralized apps that can accelerate climate action. As an early mover in blockchain-based climate infrastructure, xParametric can help drive the development of impactful web3 climate solutions. ", "hidden": false, "question": "Please explain how your project meets the round-specific eligibility criteria. ", "questionId": 10}, {"type": "paragraph", "answer": "", "hidden": false, "question": "What previous Gitcoin grant rounds has this project been a part of? Please share any new updates or milestones from the prior months.", "questionId": 11}, {"type": "paragraph", "answer": "The project's impact can be evaluated through the following metrics: \n\nUser Participation: Monitor user participation metrics such as the number of active users, frequency of platform interactions, and duration of engagement. This can provide insights into the level of user involvement and ongoing interest in climate-related activities. \n\nTransaction volume and market liquidity: These metrics help evaluate whether the protocol has achieved its goal of becoming a climate risk management tool. Higher transaction volume and market liquidity indicate that more individuals and organizations are using the platform to manage their climate risk exposure, which suggests greater demand for such tools. ", "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": 12}, {"type": "paragraph", "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": 13}, {"type": "dropdown", "hidden": true, "question": "Would you like to opt-in to future messages from Gitcoin for updates, information, and/or interviews? ", "questionId": 14, "encryptedAnswer": {"ciphertext": "FdLyfJrj/0eZ4LcIdQBbZOqYL3pFVWCr2WbIPjJS4YU=", "encryptedSymmetricKey": "e1bd7e972c7f7b77f41fcf34320ac6383e4cf69a0b2f79760c04f427578fe09e64fe61ad889348b9d57118cab9a28f006b1832d744b98d39f22f1a9c9b6d6ce43606e3ac643b763cd5dd568ab9afe81f41402c867379eaba4eb2c7f1d10fc8a3dab3903b4e8cd5ca995380f5ccda182b6b3f9309be568f96916da3c98bfbbd500000000000000020b4d746ed17061858ef6c46a72aa6115bb90f18f39c3ba2553728bc5b76026997bb97dd9c6022feb6cb80bf76d8469383"}}, {"type": "dropdown", "hidden": true, "question": "Would you like to opt-in to us sharing your information with select third-parties for investment opportunities? ", "questionId": 15, "encryptedAnswer": {"ciphertext": "UBa2hWr6+2ihDOKsMLMZSushCs9Emxg7ArBgC3ErnZs=", "encryptedSymmetricKey": "d1168f9f496175c3a188dd0ff5d5b3afe71459116fab1ef6edcd383dc2e3b08df8a55543e512dfa9ab5040e956276816ca539293e3a5d65e6de2b149ea60d7ee35729b26c425df952589474db964d904f25d03508309c64b65ccd03495d3aab6987c9d58f792544e58971fdd9dea314e37636d925cc29a3d2afb3c1016d9a2e8000000000000002085ae7809ac803cbc42cd9b55e9f25271ff1b8dbd4b46b48859a19e5cf1349475d0c3b082cabee07c047bda31e1d3d7ae"}}, {"type": "dropdown", "hidden": true, "question": "Would you like to be included in an additional 100k sub round funded by Shell? All grantees will need to agree to a KYC process to be eligible to receive these funds.", "questionId": 16, "encryptedAnswer": {"ciphertext": "qMbIcksIH7WVQz5uBcJiAr5Ai78pL76OEUWoKRs4ieo=", "encryptedSymmetricKey": "a588bd894dc470f4c67bfa90acc4f14246b0fe79780f2f2b6c4935607455e5139d3ee91c6a628ed50c56c043ee5f01157289723841f50dfce8802a4caa55c40aa87641c809ce8a96bbc400d5cdfe3cf4cc4622e501b894811f9678bd795170978782a98e777dacfc427f007e4f13b61cac49574c43db758f4f187eb28719da2600000000000000200924a7f623f81d8951ef982e617f2c1b908fd42829941098ffbb0c7854f9a15ab2c8b783f1cd04dc81a297f555c110ad"}}, {"type": "dropdown", "answer": "Asia", "hidden": true, "question": "Location/Region where the project is based ", "questionId": 17}], "project": {"id": "10:0x8e1bD5Da87C14dd8e08F7ecc2aBf9D1d558ea174:577", "title": "xParametric", "logoImg": "bafkreief6i45u5qkq6jdg44gdjemazimpbwwvzhikkit2mlomzniqcggka", "metaPtr": {"pointer": "bafkreidjvbcgc45gsq3gbiecu7yj7rgqdqvobb66ucwayeagzhqgv6x4ti", "protocol": "1"}, "website": "https://xparametric.com", "bannerImg": "bafkreifhs6h5iouzlqv2jt6sc2ew5vjhi45hukiwzemaancfqr4kgold3q", "createdAt": 1690922382046, "userGithub": "", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..7Z8PCS6jimaP5UUBSjPJ6XKDfOEEBT6cfsfAGMRzQ2CiRKMLrm4lNJmEpPjU92DIOo5MFrqDJNATJKOIs0S4AA", "type": "Ed25519Signature2018", "created": "2023-08-05T20:16:32.293Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-08-05T20:16:32.292Z", "expirationDate": "2023-11-03T20:16:32.292Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x5d3C1D640Ed1e3C9fA131Ac21c0972Ad4a328621", "hash": "v0.0.0:/SPQ3u73BH7BjFl3ds+baLtJbTfWjX4pK97eYxljTp4=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#x_parametric"}}}, "description": " ![](https://4164056959-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHOiMW1aft7F1nvp4BJYl%2Fuploads%2FxFH3mTZ6TfxmB4erOggw%2FBeige%20and%20Black%20Feminine%20Aesthetic%20Name%20Twitter%20Header%20(9).png?alt=media&token=9cfd12a4-73f3-46ed-a628-6631a3d3ed71) \n\nxParametric is a decentralized climate prediction market that transforms our approach to climate risks. It provides a platform for individuals and organizations to engage in climate risk management by enabling them to transfer and invest in climate risks through DeFi mechanisms. \n\nxParametric also fosters greater climate concern, support and knowledge through individual participation in our climate prediction market. It provides a financial incentive for participants to stay informed about climate change, gives them a direct stake in the outcome of climate-related events, and creates a feedback loop that reinforces the importance of climate action. \n\nBy combining financial incentives with heightened awareness, xParametric drives climate-positive actions and promotes collective efforts towards addressing climate change, reducing GHG emissions and building a sustainable future. \n\n![](https://4164056959-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHOiMW1aft7F1nvp4BJYl%2Fuploads%2FUDVxzpE5VbkrrxeuuLnq%2Fimage.png?alt=media&token=fed0fe02-67d1-4479-a6c7-b4d233a70de3)\n\n### Features \n\n- Speculate on or Insure against Climate Risks  \n\nParticipants can trade outcome shares that represent climate risks such as rising sea levels, increasing temperatures and extreme weather events. Our Fixed Product Market Maker (FPMM) facilitates the buying, selling and holding of these shares, enabling you to make decisions based on your own beliefs. \n\nOur platform also allows users and institutions to transfer climate-related risks. For example, a coastal homeowner can purchase outcome shares that yield a payout if there is a hurricane or flood. This creates new opportunities for insurance companies to diversify their portfolios across a wide range of climate-related events. \n\n![](https://files.gitbook.com/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHOiMW1aft7F1nvp4BJYl%2Fuploads%2FPWWy6FL6ke4dg0wDQHh7%2FScreenshot%202023-08-02%20201729.png?alt=media&token=15e5f44b-6d94-4fda-a079-431c620c5c52) \n\n- Raising Climate Awareness  \n\nParticipation in prediction markets has been shown to enhance awareness and concern about global warming. A recent study by Cerf, Matz, and MacIver (2023), published in Nature Climate Change, found that individuals who participated in these markets exhibited increased awareness and heightened apprehension about the impacts of global warming.  \n\nOur platform delivers the latest research, policy changes and global developments to our users by integrating real-time climate data visualization and a climate news feed related to the ongoing prediction market. This enables users to make informed predictions about climate changes and their potential impacts. \n\n![](https://files.gitbook.com/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHOiMW1aft7F1nvp4BJYl%2Fuploads%2FfnrEiifLN6wLC4Gxxe1F%2Fimage.png?alt=media&token=12436179-4b65-41d1-8992-3f2067b554f1) \n\n### Links  \n\n[Website](https://xparametric.com/) | [Twitter](https://twitter.com/x_parametric) | [Medium](https://xparametric.medium.com/) | [Docs](https://docs.xparametric.com/) ", "lastUpdated": 0, "projectGithub": "xParametric", "projectTwitter": "x_parametric"}, "recipient": "0x5d3C1D640Ed1e3C9fA131Ac21c0972Ad4a328621"}}