metadata: {"signature": "0x66aa3b920d09c11c1c06ebb047ae3394dd1d6de6683e6bd07370344c69c40e510a9b2ad05f639c95b5f2310e777143964d7a30e17dce7812adb8dd9ef4e9f3721c", "application": {"round": "0xeec3725cd5e58a86437743a520c09e832b112f8a", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "JzxuizS6ywWF3laavx4cY0b52ZP9GVhWSuHyZgX2l3yj2Ae+m+l4SrInrPF49v2u", "encryptedSymmetricKey": "63b0e28cddf41aff7acdbb7566342aff456aa72c2dac8de8e544dfe13740d065b82414fd5bf7e7bacc228a087f4a9d0b086f710a5e67bbf9ea7a47f92f5932a3b32f3f395df4604ddc9237c576b6332fc6bced2d9060f72a9858752cb97ac7a7ee0d0a8b8e8c4fed1450202c7d55ab77d684a20addc92e1aa5f577f311336146000000000000002080600c11f564759152e2be4d4cdc709c91ee7dabdf4e26857b8adb2c2a06b8a107a3c3fc2dbfd53c6597cd5bc0152b8e"}}, {"type": "link", "answer": "https://discord.gg/tMkFWHUQn7", "hidden": false, "question": "Link to your Public Group Chat (e.g. Discord or Telegram)", "questionId": 1}, {"type": "short-answer", "answer": "We have ~1700 Glo Dollar users across 7 blockchains.  60 organizations are integrating zero-cost philanthropy into their organization and have joined the Glo Consortium. Our market cap is $2.5 million.  The Celo community recently overwhelmingly voted \u2018Yes\u2019 to a proposal for Mento Labs to hold $1M of reserve assets in Glo Dollars. This opens up >$30k in yearly public goods funding, at no cost to Celo or Celo users. Glo Dollars can now be used to donate, to crowdfund, to pay, to receive (when users send other cryptocurrencies), to receive salary, to take out loans, \u2026", "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": "QBNqnSivYPLZH6hGHxnoRdw0QSE35XK8HrrJWZiNXFk=", "encryptedSymmetricKey": "4950e9f1f784d6f10c91cf2476f0ef5cf44c6b93a05a12fbdfd02739d55c2822052fd7e3c31623381b1899dfbb730618f88f6365cb1a27d0497080004fd0303b34f12f1462ff516eaf18d13d30a500c268bedd5d589964d10e7f0d4bf142ab832ca30b3fc65af0dc1497f4e7efbed7622289d32215c0ac7b8198127fcc329d54000000000000002056d6100c2ab3ba83f28f877dfe0ea104cb76edccb0a52f6171139c872ad2f573bed63200f209e5f8370ab5737ac7c3a4"}}, {"type": "paragraph", "answer": "Yes, we have taken part in Epochs 1, 2 and 3 (https://octant.app/projects), and have participated in various Gitcoin rounds, such as the recent GG21 Arbitrum round (https://arbiscan.io/tx/0xe80b33a525c7dc6108273bfb74083e2c5af672c04f9bd18deaf350446f2e7037), and the GG21 Celo round (https://celoscan.io/tx/0xe3ea348543a239e51af27c3375974a16b11b15f245126f82ef72df7fa5a38b50).\n", "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/glo-dollar", "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": "More Glo Dollars = More public goods funding. \n\nWe would be open to explore creating a Cause Area that funds the public goods that have raised funds through Octant rounds.\n\nWe have also participated in a growth campaign with Octant, where we activated and supported our communities biggest public good supporters to help onboard them into the OCtant ecosystem, but staking their GLM. \n", "hidden": false, "question": "Please describe how your project contributes to the growth and development of the Octant ecosystem.", "questionId": 6}, {"type": "paragraph", "answer": "As a fellow project focused on funding public goods, we often talk about Octant, have been on panels with Octant, shilled them in X spaces and have hosted a community onboarding call with our community for Octant.  ", "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": "\n1. Centralized exchange listing(s). \n2. Glo Dollar credit cards, in partnership with Rain. \n3. On/off ramps, in partnership with Coinflow, Huma Finance, and Latamex.\n4. L2s and blockchains to embrace and push Glo Dollar to advance their respective ecosystems.\n5. Inclusion of more charitable causes and public goods as recipients of the Glo Dollar proceeds.\n", "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": "Jasper Driessens (CEO) worked in marketing at Secfi and started ASIF Ventures, a fund that invested in 15 startups. He is great at storytelling and strategic thinking, creating a clear Glo Dollar vision. Jasper knows how to build strong brands and has a solid track record in fundraising.\n\n- Jasper\u2019s LinkedIn: https://www.linkedin.com/in/jasperdriessens/\n- Jasper\u2019s X: https://x.com/jasdrie\n- Recent blog Jasper wrote: https://www.glodollar.org/articles/safeguarding-future-of-crypto\n\nGarm Lucassen (CTO) was the lead product manager at Secfi and co-founded several NFT projects. He has a PhD in product management from the University of Utrecht. Garm is a top engineer and a strong leader. He\u2019s an expert in making systems scalable and reliable.\n\n- Garm\u2019s LinkedIn: https://www.linkedin.com/in/garmr/\n- Garm\u2019s X: https://x.com/garmrdotcom\n- Garm\u2019s Github: https://github.com/gglucass\n\nChristone To, Business Development at the Glo Foundation. Christine formerly worked as a Director at the Stellar Development Foundation and headed BD Fintech at Anchorage Digital.\n\n- Christine\u2019s LinkedIn: https://www.linkedin.com/in/christineto3/\n\nBram Voets, Growth at the Glo Foundation. Bram spent five years at Google, where he spearheaded a $100 million advertising campaign for the World Health Organization to support their Covid-19 response efforts (https://www.google.org/covid-19/).\n\n- Bram\u2019s LinkedIn: https://www.linkedin.com/in/bramvoets/\n- Bram\u2019s X: https://x.com/vts_bram\n\nLana Dingwall, Superchain Growth at the Glo Foundation. Lana has been involved in many roles with numerous crypto protocols and donation platforms such as Unlock Protocol, Charmverse, Gitcoin, and Octant. \n\n- Lana\u2019s LinkedIn: https://www.linkedin.com/in/lanadingwall/\n- Lana\u2019s X: https://x.com/lanzdingz\n\n", "hidden": false, "question": "Describe your team's expertise and how it contributes to the successful execution of your project.", "questionId": 9}, {"type": "paragraph", "answer": "Glo Dollar funds public goods. If more people use Glo Dollars, more public goods (within the Octant ecosystem) would receive funding.", "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 make it easy for our community to give back. \n\nUsers pick the causes they care about, and every transaction they make funds those causes automatically. \n\nThis way, everyone\u2019s interests are aligned, and we create a funding environment that\u2019s transparent and collaborative. \n\nWe keep the focus on real impact, so users can see the difference they\u2019re making and know their values are driving positive change.\n", "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're adding more funding recipients, including those in Octant\u2019s Epochs, to benefit from Glo Dollars.\n\nThe key is getting more users and protocols to hold Glo Dollars in their treasuries. This will boost our monthly donations. We'll focus much of the funding on business development to grow our market cap, which directly increases the public goods funding Glo Dollar provides.\n", "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": "We hosted a community onboarding call and were able to support over 25 people staking GLM for the first time inside Octants app.", "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": "0x1bf0f890a20fe85d1f9f364707fcd442833e30f1ceae6bdce9688cf64386931a", "title": "Glo Dollar", "logoImg": "bafkreidsxlq5jf2sa2gl6vboiahozx3nqxfd3qpgjqf7w245pwfwkr5soi", "metaPtr": {"pointer": "bafkreidxttaqrbeqi7ugjafot36hpm3v5gc7fcx2xbe773sz7di2afvca4", "protocol": "undefined"}, "website": "https://glodollar.org", "bannerImg": "bafkreifb4o4vi3766foyu7wwvkht4wtbs43usstcenb45yrnctm37l4kcu", "createdAt": 1725956846320, "userGithub": "gglucass", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..1voxtPJpTQIdXXRin8OdJM3_cSozayzTFLEIniKutjRagwEhHjs9kKOWJ4_lH_jPDnhzhl5TO1csuSPN_8KIDQ", "type": "Ed25519Signature2018", "created": "2024-09-10T08:27:06.983Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-09-10T08:27:06.983Z", "expirationDate": "2024-12-09T08:27:06.983Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x1bbfC95B826693BF17665f36a66ac9c389b7E581", "hash": "v0.0.0:7+x069SG2S/dzGS5BL89+OboGpIxdKALsTPoPKHPsIc=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#Glo-Foundation#1226415"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..JJW6tHh5D1i5IVEa-BzE6RnqHYUTKg1lbRKSrhtC3dfK8y2RfNhMf1q1YMQ-ivtcXp14K6L_FlQCK8gIX-07Cg", "type": "Ed25519Signature2018", "created": "2024-09-10T08:27:16.363Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-09-10T08:27:16.363Z", "expirationDate": "2024-12-09T08:27:16.363Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x1bbfC95B826693BF17665f36a66ac9c389b7E581", "hash": "v0.0.0:1FWl+w0bbbJBXMJDPuHPQGKcC0tlyQvs+c4pa2+2Rkk=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#glodollar"}}}, "description": "**Fund public goods by hodling a stablecoin**\n\nGlo Dollar (USDGLO) is the stablecoin that funds public goods. \ud83c\udf08\u2600\ufe0f\n\nStablecoin companies generate $7.4 billion annually from their stablecoin reserves. Our approach is different\u2014we funnel all our profits to public goods and charities.\n\nHolding Glo Dollars creates a virtuous cycle to grow ecosystems, instead of extracting yield for gains. By choosing Glo Dollar, you\u2019re funding public goods. At no cost.\n\nZero-cost philanthropy. \ud83e\ude84\n\n![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXd81_T1GUDaKLA2UxAHo72c_UEbNcqlytvWMR-IZcp5xUlWF29Xh4zK05-x2RCJQkg_H9s8AMBlgyE3ysZjqnA4n11iR1MgLU2YqCMvnV-USSbVWH-JXYe46oemvBRfpb21UgjzSrQNAaq3UP94RuEh8JQ?key=A1WJzBS_Y6Q-ttRMaAtg3Q)\n\nGlo Dollar is 100% fiat-backed, always redeemable 1:1 for USD and USDC, issued and regulated in the United States, and receives [monthly independent attestations](https://brale.xyz/stablecoins/USDGLO).\n\nGlo Dollar is available on 7 chains: Ethereum, Polygon, Optimism, Arbitrum, Celo, Stellar, and Base.\n\nWe've received a [Bluechip](https://bluechip.org/) rating, placing us among the top 10 fiat-pegged stablecoins with an initial B grade. This positions us as a safer option compared to Tether\u2019s USDT, FDUSD, and FRAX.\n\nGlo Dollar is developed by the Glo Foundation and is issued by [Brale](https://brale.xyz/stablecoins/USDGLO).\n\n**How it works**\n\nWhat happens when you buy Glo Dollars:\n\n1.  The fiat backing Glo Dollar is invested and earns revenue (similar to other stablecoins).\n2.  We donate 100% of our profits on these investments to public goods and charities.\n3.  You\u2019re funding public goods at zero cost.\n\n![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXfXhIyNY6aM2PN_5LHW-v9ULs1_muO4fyx_uQudHL_YBKpuOFokGjLIy8j6GjwTrFotdY9MyN7sr413EApfdpno_7VvziBmqHgTM5bsFTJTQjJ54tSAiHqtajYUi-VUCLkzfIq_Qn-R17PNLRal5J8fCW8?key=A1WJzBS_Y6Q-ttRMaAtg3Q)\n\nWe call this **Automatic Public Goods Funding** (AutoPGF), because it is:\n\n-   Simple: just hold a stablecoin\n-   Zero-cost: holding a stablecoin is free\n-   Embeddable: in treasuries, payroll, card transactions, \u2026\n**We\u2019re building the world\u2019s largest philanthropic funding mechanism**\n\nThe current stablecoin market is ~$171 billion, enough to generate over $7 billion in public goods funding each year.\n\nBut there\u2019s no reason to stop here. We\u2019re making Glo Dollars as accessible as the US Dollar. Everywhere consumers and companies use money, they can use Glo Dollar instead.\n\n![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXc3Jh5IWmFQVym-briNEqvkXNRenID0qbX5UeUdS2Kma6M5jUrRdrl0DY7-ZOPaRfK0OQTN6a8WYifdlZMSxKUFFw_uH4whwnWLX-eqLL2yYeqaTZ0ogivW5jgDa0bFyf_p0kCG6eWC1grtPjl5lNQVLrWA?key=A1WJzBS_Y6Q-ttRMaAtg3Q)\n\n**The public goods and charities we fund**\n\nChoosing the causes to support is simple and can be done from [our dApp](https://app.glodollar.org). Users can select between different kinds of public goods and charities:\n\n-   Web3 public goods\n-   Fighting extreme poverty\n-   Combating climate change\n\nSee [the complete list of Cause Areas and Funding Recipients](https://www.glodollar.org/articles/fund-what-matters-to-you). We\u2019re adding more Cause Areas [on a rolling basis](https://www.glodollar.org/articles/causes-selection-criteria).\n\n**The Glo Foundation: our team**\n\nWe\u2019re a Public Benefit Corporation that receives fiscal sponsorship from Global Impact\u2014who accept and process donations on our behalf.\n\nOur mission: to unlock new sources of funding for public goods and charity.\n\nWe\u2019re led by an experienced team with backgrounds in tech, academia, and crypto:\n\n-   [Jasper](https://twitter.com/jasdrie) (Co-founder & CEO), previously at Secfi, founded ASIF Ventures\n-   [Garm](https://twitter.com/garmrdotcom) (Co-founder & CTO), previously at Secfi, holds a PhD in Product Management from the University of Utrecht\n-   [Lana](https://www.linkedin.com/in/lanadingwall/) (Partnerships), also involved with CharmVerse, Octant, Unlock Inc, and GreenPill\n-   [Christine](https://www.linkedin.com/in/christineto3/) (Business Development), previously at the Stellar Development Foundation and Anchorage Digital\n-   [Bram](https://www.linkedin.com/in/bramvoets/) (Growth), previously at Google, Plan A\n\n**Relevant links**\n\n-   [Our website: glodollar.org](https://www.glodollar.org)\n-   [Glo Dollar 2.0 announcement thread on X](https://x.com/glodollar/status/1775151425863213430)\n-   [Glo Dollar Bluechip rating](https://www.glodollar.org/articles/bluechip-rating)\n-   [Glo Dollar cause areas](https://www.glodollar.org/articles/fund-what-matters-to-you)\n-   [Glo Dollar X account](https://twitter.com/glodollar)\n-   [Glo Dollar Farcaster account](https://warpcast.com/glodollar)\n-   [Glo Dollar Discord](https://discord.gg/tMkFWHUQn7)\n", "lastUpdated": 0, "projectGithub": "Glo-Foundation", "projectTwitter": "glodollar"}, "recipient": "0x1b8E025BAC207e4ED55442Dc75578050D00a10bf"}}