As the first round of GIVbacks comes to an end, the team has realized that we need to take some new measures into consideration moving forward. I would love to hear the community’s thoughts, ideas and feedback around some of these things.
We have seen quite a few applications come in for projects that have no history (start-ups). We think that these projects should be allowed to collect funds via Giveth but that maybe they cannot actually be verified until they have started and have some history as a project/organization. Once the project has had some time collecting funds and reaching provable milestones, we can consider them for verification. One way that new projects can do this is by adding regular updates as to the progress they have achieved since they started. I think we can also add some clarifying questions to the application such as… When was your organization founded? What milestones has your project achieved since conception? etc… maybe providing some way for them to upload pictures or evidence of these milestones if they are not publicly available on a website or social media account. I think it’s awesome to fund great ideas but can we really verify an idea??
Mandatory project updates, (whether they be monthly, quarterly, etc.) in order to maintain “verified status”. We think that this would ensure that our verified projects are using the funds for what they claim to be as well as provide donors with a connection to the project’s progress.
Question for devs: Is there an efficient way to track this in adminbro? Like if a verified project has not submitted an update in x amount of time, it becomes unverified and needs to be reviewed by an admin again? Idk… these are just ideas right now… not sure of the best way to implement this on the technical side.
Thus far, we have been pretty flexible with the answer to “How will you use the funds?”. We think that going forward we should require a bit more clarity from the project owner of how the funds will be used. For example, instead of accepting and answer like “All funds will be directed exclusively for project implementation and achieving goals set out.”, we require more of a breakdown/budget of where funds will go.
As a verification team, we feel that these are important things to receive feedback on before just making the decision to add new requirements. Please provide any insight that you might have in these areas. Thank you!