metadata: {"signature": "0x0292314c6660a4d63fef2099930166523a554e03891a8fcc9df5f64d8a89cf01651d62dc9939f2e8962430480eb40a4f004f61ab0a1a41064c9578343c5d48ad1b", "application": {"round": "0xeec3725cd5e58a86437743a520c09e832b112f8a", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "yHcU/vbVRgJ57yAqVGrkrYT5CAzCmbc2I2PtjKBDumcVjqwH3HI85rfBPtOpqAYj", "encryptedSymmetricKey": "77375d8d073be7fb652c9faf72d1afed1823a2228cc3d79996f82e1292abadd5842271e5d939caa16c9cfd085706a9194d64d7bbd4c799f09db82d33cfd896f8811e445b88b2735944118988af641345e489dfb0b5f1decb22cdf0eb57861ab0c44536895cf361f57dd6884fc758bac6de89ec4336d55535e0b4430066b18ebc00000000000000206203c39b8445d966b138539cdb5fe3e79123723c25954f024c085eca159bb6ae76d9ce2f94e8a33eeb84b679854aada3"}}, {"type": "link", "answer": "https://t.me/viaprize", "hidden": false, "question": "Link to your Public Group Chat (e.g. Discord or Telegram)", "questionId": 1}, {"type": "short-answer", "answer": "During GG21 we successfully added fiat donations that received quadratic matching to the OpenCivics round as can be seen here: https://gov.gitcoin.co/t/gg21-retrospective-opencivics-collaborative-research-round/19313/1", "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 are yet to participate).", "questionId": 2}, {"type": "short-answer", "hidden": true, "question": "Telegram Handle We Can Use To Contact You (you can answer N/A)", "questionId": 3, "encryptedAnswer": {"ciphertext": "3h+lUnTGqOLMnx0fgJMKTmJtcFJUaKWxLHvb92VSJ9s=", "encryptedSymmetricKey": "a1f58b1c671d31eb609682acc25810995acf8380a29287ab12e8172c55eb69fb3302168db07da9417a0fbfd75d31f308b53f13a024197f8f4e28e6255e45541867cff302f38ab008615af91245b5f0a075325f52834f35e6a761c2f5b604c0919c2e8560e53a18afb2c607c1fcb515ce4296978ce66e630d5ff90abd4f1460820000000000000020381457d3dbe26c083a0ddc49e3bdc253264e88de3edf558ff8ec9a8bd37e6a7600f8af9ef974711efe8f02fd01436aa8"}}, {"type": "paragraph", "answer": "See Karma Gap for some Gitcoin rounds we participated in", "hidden": false, "question": "Have you participated in any Octant epoch (Epoch 0 through Epoch 4) OR a previous Gitcoin Grants round? Please provide details and evidence of your participation.", "questionId": 4}, {"type": "short-answer", "answer": "https://gap.karmahq.xyz/project/viaprize-2?tab=info", "hidden": false, "question": "Do you have a Karma GAP set up? If yes, please provide proof. If not, can you set one up before applying?", "questionId": 5}, {"type": "paragraph", "answer": "We may offer our services of allowing donations through fiat to the projects in this or future QF rounds that Octant funds.", "hidden": false, "question": "Please describe how your project contributes to the growth and development of the Octant ecosystem.", "questionId": 6}, {"type": "paragraph", "answer": "This allows community members and projects to crowdfund amongst non L2-crypto users, which easily expands the potential donors 100x", "hidden": false, "question": "How does your project align with the round's focus on community and education within the Octant ecosystem?", "questionId": 7}, {"type": "paragraph", "answer": "See our roadmap here: https://docs.google.com/document/d/1lwtuuvofkaK1c-zHEgaplcOzVgg_TXCiPeLL-Bwg488/edit?usp=sharing\nAs well as offering fiat donations to QF rounds, we also are pioneering a new economic mechanism for funding projects in a trustworthy way through crowdfunded prizes. This offers a way that Octant can fund projects that the community believe ought to exist and get refunded if it isn't built.", "hidden": false, "question": "Provide a clear roadmap of your project, detailing future milestones and deliverables. How does this demonstrate your commitment to long-term impact and growth within the Octant ecosystem?", "questionId": 8}, {"type": "paragraph", "answer": "Noah Chon Lee - CEO | Dipanshu Singh - CTO | Nithin Varma - Smart contract engineer | Swaraj Bachu - Senior developer | Aryan Tiwari - Senior developer\nNoah has built and managed a team of 70 people in an 8 figure company which shows an ability for team building\nDipanshu has co-authored a blockchain research paper by the age of 17 and the viaPrize team members have won several blockchain hackathons.\nWe have the technical and operational capabilities to continue building and growth.", "hidden": false, "question": "Describe your team's expertise and how it contributes to the successful execution of your project.", "questionId": 9}, {"type": "paragraph", "answer": "Our platform is fully open source and we welcome integrations between platforms to drive more engagement to collaborative public goods funding mechanisms. Just as Gitcoin offers a product that Octant is funding through this round, crowdfunded prizes can be another option with different strengths and weaknesses.", "hidden": false, "question": "How does your project complement or enhance existing initiatives within the Octant ecosystem rather than competing directly against them?", "questionId": 10}, {"type": "paragraph", "answer": "We exist thanks to our community. Our funding is from over 2000 donors through Gitcoin and 30+ developers from around the world have contributed to our code. We welcome contributions in our public chat and also have used \"meta-prizes\" offered to whoever builds a particular feature we are looking for.", "hidden": false, "question": "Describe your approach to community engagement and how you plan to contribute to a collaborative and constructive funding environment.", "questionId": 11}, {"type": "paragraph", "answer": "We would use it for our \"reserve wallet\" which allows people to contribute fiat to on-chain systems for future collaborations with Octant.\nThe way it works is:\nUser sends fiat to us\nWe send equivalent # of stablecoin from our reserve wallet into the smart contract through the user's wallet (auto-generated for them)\nThis means that we need sufficient reserves to make this system work.", "hidden": false, "question": "How do you plan to use the funding to maximize your project's ongoing impact within the Octant ecosystem if selected?", "questionId": 12}, {"type": "paragraph", "answer": "See how our system of fiat donations to QF rounds work: https://gov.gitcoin.co/t/we-donated-to-gitcoin-projects-with-credit-card-review-of-paypal-fiat-payments-in-gg21/19287\nSee also our thread on how crowdfunded prizes work: https://x.com/viaprize/status/1798655359424344244", "hidden": false, "question": "What unique educational content or resources have you created for the Octant ecosystem? How has the community received these? Please share any relevant links", "questionId": 13}], "project": {"id": "0x9b67ebabd1fb31052c6d2afe25306f762673c8aaeec06c1416c266b8501b23f1", "title": "viaPrize", "logoImg": "bafkreiaui7tvdj42pd2rp6c5jdrmx64hhdh7ymeclyvga5wfqguwb76fky", "metaPtr": {"pointer": "bafkreich762t4idim2ugp6kna55tfs37shzt7lloihy6bfuqoa3werffci", "protocol": "undefined"}, "website": "https://viaprize.org", "bannerImg": "bafkreifya7rdnarjedcz5gxwuiifdqzpceodr7dy77ym5k326sbwf5z7cy", "createdAt": 1681478289164, "userGithub": "haonchon", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..Ob8PGZVQN_feq4ShxyMGF6E6ViMrfFzDJ5_rDM_2pGUEQP6VH4mBvkcxq6x2xpFJVlwJxiKZyeFdX-lre09tAg", "type": "Ed25519Signature2018", "created": "2024-04-05T00:52:38.217Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-04-05T00:52:38.217Z", "expirationDate": "2024-07-04T00:52:38.217Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x850a146D7478dAAa98Fc26Fd85e6A24e50846A9d", "hash": "v0.0.0:T+HROY7tfU8jZlPujKcaODEbd9+NKushjxg4+iSt4Fg=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#viaprize#123272916"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..qKyV_J2CjKW91Q5a5tYE3Xo32tde19muog8i1V0whEWsbsmwX23WKibN5fWJFaHZ2uFoFoPH_ThwdMJYUMfNAw", "type": "Ed25519Signature2018", "created": "2024-04-05T00:52:29.208Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-04-05T00:52:29.208Z", "expirationDate": "2024-07-04T00:52:29.208Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x850a146D7478dAAa98Fc26Fd85e6A24e50846A9d", "hash": "v0.0.0:ip4tQ7yquR2hr6tA74LjT24gwJo35/s/BEEcBsxPhSc=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#viaprize"}}}, "description": "# The problem\n$700M was wasted in 2023 on Kickstarter alone when fully funded projects never deliver what was promised. This is because traditional crowdfunding platforms fail to provide guarantees. \n\n### The solution\n![howitworks](https://i.imgur.com/N74nlT5.png)\nviaPrize solves this by taking the funds for a project and then welcoming anyone to complete the project. If no one completes the project, then everyone is refunded. \n\nPrizes include three types of contributors:\n![benefitsforusers](https://i.imgur.com/9xmyEhR.png)\nPrize proposers come up with the project idea\nPrize funders elevate the best ideas by showing demand\nPrize contestants win rewards building the project\n\nWith viaPrize, ideas are crowdsourced, rewards are crowdfunded, and project execution is an open invitation.\n\n### The Middle Road for Public Goods Funding\nPrizes open up a complementary alternative in the public goods funding ecosystem that balances funder confidence and builder security. \n\nGitcoin optimizes for builder security because it gives upfront funds, but lacks funder confidence because there is no guarantee of success. \n\nOptimism Retro PGF optimizes for funder confidence because funders review the impact of existing projects and add rewards, but lacks builder security because there is no guarantee of any particular amount of funding.\n\nWith prizes, funders know the project will be built or they are refunded, so they have some confidence. Builders know there is a certain amount of funding waiting for them if they successfully create a project, so they have some security. \n\n![Balancing](https://i.imgur.com/iLPihrt.png)\nWe look forward to a full public goods funding user journey where you receive:\nQF Grant - Before building (and ongoing)\nCrowdfunded Prize - When you finish building (prizes for a whole product and prizes for particular features)\nRetro PGF - When you see the impact of what was built\n\n### Our origins\nThe concept of crowdfunded prizes sounded revolutionary as Noah discussed it with residents of the entrepreneurs' pop-up city Zuzalu, so we tested it. As residents discussed the idea of making an AI voice for a river, Noah launched a prize and residents tossed in $20. After an impromptu five day hackathon attracting twelve builders, we presented the first AI voice for a nature entity in history to the Prime Minister of Montenegro. If we had used Kickstarter, then only the team who posted an idea would receive funds. By using prizes, any builder was welcome.\n![RiverAITeam](https://imgur.com/tdrnul7.png)\n\nHowever, Noah wanted to be certain this can make a real impact. Thus, he found himself watching anti-missile defense shoot down a kamikaze drone as it dove towards him while on the way to deliver medical supplies in Ukraine, funded by a prize from viaPrize.org\nThe medics ended up using the supplies treating 45 injured and saving multiple lives, and Noah decided to pursue this initiative full time.\n![myfavoriteprize](https://i.imgur.com/TxlQzz1.png)\n\n### Traction\n\nAs of July, 2024 we have distributed over $50,000 and have successful prizes for building projects ranging from free productivity apps to writing competitions.\nWe take a 5% platform fee. \n\n### Thank You Gitcoin!\n\nThis has all been accomplished since June 2023 with our only funding coming from over 2000 donors on Gitcoin plus matching. Thank you for making this possible!\n\nMore about that here:\nhttps://gov.gitcoin.co/t/gitcoin-appreciations-thread/18332\n\n### Traditional Fundraisers\n\nIn Jan 2024, we added crowdfunding \"fundraisers\" with two types:\n\"Pass-through\" where funds are immediately directed to the recipient\n\"All-or-nothing\" where you refund everyone if the funding goal is not met by the deadline\n\n### Next steps\n\nMVP - Tested during Zuzalu\nV1 - Current version. Usable for crypto natives\nV2 - By the end of Jul 2024. Easier onboarding for web2 users.\nV3 - By the end of Sep 2024. Accessibility for people in developing countries by having a mobile app and cash off-ramps around the world for those who do not have bank accounts.\n\nWe are incubating the project by living with users and iterating on their feedback during Zuzalu-inspired pop-up villages around the world. \n\n### Connect!\nSee opportunities to win prizes: https://x.com/viaprize\n\n### Try it out!\nVisit viaprize.org and post a prize or portal today! \nThe proposers of a prize idea also receive 5% of the award. \nLet's build public goods!", "lastUpdated": 0, "projectGithub": "viaprize", "projectTwitter": "viaprize"}, "recipient": "0x1f00DD750aD3A6463F174eD7d63ebE1a7a930d0c"}}