ONCHAIN PROTOCOL
Visibility and
accountability for
projects
For Grantees
Self-Report on grant progress.
Build Reputation.
Receive more funding.
For Community + Grant Admins
Stay up-to-date on projects progress.
Trigger payments based on milestone completion.
Endorse projects, monitor fund usage and flag discrepancies.
Communities using GAP
100% ONCHAIN
Why are we building this?
Annually, the crypto ecosystem issues grants amounting to millions of dollars. While this funding is crucial for ecosystem growth, it has also introduced a range of issues.
The Grantee Accountability Protocol (GAP) is designed to address these challenges by aiding grantees in building their reputation, assisting communities in maintaining grantee accountability, and enabling third parties to develop applications using this protocol.
Limited Accessibility
Currently, it is challenging for grant teams and the community to easily access and track project progress and milestones, as information is scattered across forums and external links.
Reputation Portability
Grantees who apply for grants from multiple organizations struggle to establish and carry their reputation consistently across the ecosystem. This is particularly difficult for individuals who are new to the ecosystem and need opportunities to showcase their work and build their reputation.
Inadequate Data Structure
The absence of structured data that can be accessed in a permissionless manner hampers the development of applications and analytical tools for evaluating grant impact and builder reputation.