metadata: {"signature": "0x32ab68421be868aff008007fa5875950a5cf9b213a304944a3436f359c45bdb377e2e8eaf60309d5d649ad3f95fbe7ba15f00225c76e44998513c84b1b70826b1b", "application": {"round": "0x4da62203fcf7f1bd693a170d80f6cd0eff2454f5", "answers": [{"type": "paragraph", "hidden": true, "question": "Project Email Address / Team Member Email Addresses / Team Member Telegram Handles", "questionId": 0, "encryptedAnswer": {"ciphertext": "lr/+BcROBqQ20f0sOXBMSPD/ACJaovTubgK+Xw2GkKDgCV9K+jGxD258VmyC3iLyfznZtt2IE8KxD4l9zoOLhA==", "encryptedSymmetricKey": "dbd93d975e8728da781b44acf22ef79c254aa8f72a4f474f9c5ee2804e3d0b04a4410212b99288e3fee8491721a8ae0d86d0e8d89ee233c289a85481e2482d3b89440a195bf56c8866b934d4d5700efb0a11c1b827aaec9d5d559fa5f1c38d95fc218a777d65ba059044809e3558b7d761cd4b7feb51f1e440667c330a0edf5000000000000000203ee59f3553731c9eee899ca8aef63f9499b1cca3c8142718d368062f6e4c497d0b7a560dba7e6238964e145fa545698c"}}, {"type": "short-answer", "hidden": true, "question": "Are any parties involved in this project currently subject to any U.S. sanctions or located in a country that is subject to U.S. sanctions?", "questionId": 1, "encryptedAnswer": {"ciphertext": "pNCMytKgnuIjK2SoDN484QOoXOemUKsyqWNWPuJpHjQ=", "encryptedSymmetricKey": "24cc77763c9e6de520982074bef0c3bafcc6460669ce11483098ab1a488ce071d211adddb78163bb82a0537585500b16e63278f537730a18c8455eeb820d93521b1b861d1520f2933934afa85f033341739a787c305da15c3d0efaea772e58a6d9b1f5bf4d453d3ca03c55a958e130eadc2694462f3e1d314fd2e5dd89ebe8f400000000000000207b8a06a5f560e4a1478a0b22c26bd0d7d400d0d217403c8044edca9c605f5d3906cd410f3e9aaf94f8ebf9a5f1e7d394"}}, {"type": "paragraph", "answer": "viaPrize allows anyone to create a crowdfunded prize to incentivize the creation of public goods. A crowdfunded prize includes the proposer who comes up with the idea and receives a cut of the award, the funders who get refunded if no one builds the idea, and the contestant who know that there is a guaranteed amount of reward for successfully completing a project idea. ", "hidden": false, "question": "Project Summary (1-3 sentences for social media)", "questionId": 2}, {"type": "short-answer", "answer": "June 2023", "hidden": false, "question": "Project Inception Date", "questionId": 3}, {"type": "paragraph", "answer": "Noah Chon Lee - https://x.com/noahchonlee\nDipanshu Singh - https://github.com/dipanshuhappy\nSwaraj Bachu - https://github.com/swarajbachu\nNithin Varma - https://github.com/Nithin-Varma\nAryan Tiwari - https://github.com/arrytiwari", "hidden": false, "question": "Project Team Members (plus social links)", "questionId": 4}, {"type": "short-answer", "answer": "Noah Chon Lee", "hidden": true, "question": "Which project steward is a member of OpenCivics?", "questionId": 5}, {"type": "short-answer", "answer": "Yes", "hidden": false, "question": "Have you received a grant from OpenCivics previously?", "questionId": 6}, {"type": "short-answer", "answer": "$20000", "hidden": false, "question": "What is the total amount of funding your project has received to date?", "questionId": 7}, {"type": "short-answer", "answer": "$10000", "hidden": false, "question": "What is the total amount of funding your project received in 2023?", "questionId": 8}, {"type": "paragraph", "answer": "https://docs.google.com/spreadsheets/d/1vrVfnl2q-2HRPJlDWzYIQ40BiT-gmyP5QrYlNbi6KcY/edit?usp=sharing", "hidden": false, "question": "If your project has any public reports or documentation on its budgeting and finances, please share links here:", "questionId": 9}, {"type": "paragraph", "answer": "We intend to prove that a prize for someone to complete a project idea can accumulate resources from the collective and thereby incentivize the creation of public goods. Through this, we may create a world with many crowdfunded open invitations for people to build public goods. ", "hidden": false, "question": "What is your project\u2019s long term vision for civic impact?", "questionId": 10}, {"type": "multiple-choice", "answer": "Fundraising and resource allocation", "hidden": false, "question": "Which areas of collaborative infrastructure does your project address, if any? ", "questionId": 11}, {"type": "paragraph", "answer": "So far we have funded: Open source software, kids' shelters, medical supplies, and writing competitions", "hidden": false, "question": "How would you classify the types of activities this grant will fund?", "questionId": 12}, {"type": "paragraph", "answer": "We expect perhaps 3-5k from this grant. This is enough for almost a month of our costs during which time we believe we can finish building v2 which includes a much easier onboarding experience for web2 users. ", "hidden": false, "question": "Please describe the first milestone within your project which you hope to achieve with the funding from this grant round?", "questionId": 13}, {"type": "paragraph", "answer": "Check out viaprize.org and see if you can create a wallet with only an OTP sent to an email address and that you may contribute with crypto or credit card. ", "hidden": false, "question": "How can this first milestone be verified?", "questionId": 14}, {"type": "paragraph", "hidden": false, "question": "(Optional) Please describe the second milestone within your project which you hope to achieve with the funding from this grant round?", "questionId": 15}, {"type": "paragraph", "hidden": false, "question": "(Optional) How can this second milestone be verified?", "questionId": 16}, {"type": "paragraph", "hidden": false, "question": "(Optional) Please describe the third milestone within your project which you hope to achieve with the funding from this grant round?", "questionId": 17}, {"type": "paragraph", "hidden": false, "question": "(Optional) How can this third milestone be verified?", "questionId": 18}], "project": {"id": "0x9b67ebabd1fb31052c6d2afe25306f762673c8aaeec06c1416c266b8501b23f1", "title": "viaPrize", "logoImg": "bafkreiaui7tvdj42pd2rp6c5jdrmx64hhdh7ymeclyvga5wfqguwb76fky", "metaPtr": {"pointer": "bafkreiad6pd7btbjebto7abarijoifiuxu4pi6aedm7w24wbeh7gwjyoei", "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### Incentivizing An Open World\nThis economic mechanism makes it easier to encourage open source software and research (even vaccine development!) because you can make being open source a requirement for someone to win the prize. \n\nThis reverses the incentive from builders wanting to monopolize a closed-source creation to instead wanting to release it to the world in order to win the prize. \n\nBuilders can also see how many others are working on the project and can either compete or contact the other contestants to collaborate. Builders may also request that admins require that the funders payout someone as a winner if they believe at least one submission satisfies the requirements of a prize.\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 I 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, I 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.\nHowever, I wanted to be certain this can make a real impact. Thus, I found myself watching anti-missile defense shoot down a kamikaze drone as it dove towards me while on my 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 I decided to pursue this initiative full time.\n![myfavoriteprize](https://i.imgur.com/TxlQzz1.png)\n\n### Traction\n\nAs of Apr 4, 2024 we have distributed over $50,000 and have successful prizes for building projects ranging from free productivity apps to a new forum.\nWe recently have our first paying users and are making a small amount of revenue!\n\n### Thank You Gitcoin!\n\nThis has all been accomplished since June 2023 with our only funding coming from over 1000 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### Crowdfunding Portals\n\nIn Jan 2024, we added crowdfunding \"portals\" 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 April 2024. Easier onboarding for web2 users.\nV3 - By the end of June 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\nWe also meet special economic zone governments through these gatherings and our GTM is B2G where we replace inefficient traditional government contracts with prizes and we split revenue with the partner jurisdiction for promoting the platform. \n\n### Connect!\nJoin our tg community: https://t.me/+QsphrF50bv43ZTg5\n\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"}}