Skip to content

Commit

Permalink
Update projectVerification.md
Browse files Browse the repository at this point in the history
added a clause to prevent airdrops from being explicitly used to incentivize donations.
  • Loading branch information
GriffGreen authored Jun 24, 2024
1 parent 46f6b6a commit c3bf70b
Showing 1 changed file with 1 addition and 1 deletion.
2 changes: 1 addition & 1 deletion dapps/projectVerification.md
Original file line number Diff line number Diff line change
Expand Up @@ -63,7 +63,7 @@ Here is the information you will need to provide in the application:

Once a GIVbacks round ends, there is a period of time allocated for our team to review flagged projects and donations for disqualifying factors before GIV is distributed to donors. A project could have their Verified status revoked if any of these factors are found. Donors to projects who are found with any of the following activity may also be denied GIVbacks for that round. Disqualification factors are as follows:

1. **Giving/offering goods or services to donors in exchange for their donation.** A project owner cannot offer goods such as a sponsorship for a conference, Girl Scout cookie purchases or tickets for a dinner, even if the proceeds go to charity. Project owners cannot provide services like acting as a crypto exchange for their donors. They can explain how to use an exchange, but they cannot convert the money for their donors.
1. **Giving/offering goods or services to donors in exchange for their donation.** A project owner cannot offer goods such as project tokens, sponsorship for a conference, Girl Scout cookie purchases or tickets for a dinner, even if the proceeds go to charity. Project owners cannot provide services like acting as a crypto exchange for their donors. They can explain how to use an exchange, but they cannot convert the money for their donors.
2. **Circulating donations raised by other means.** Only “first touch” donations count for GIVbacks. If a project receives funding from a donor and is found to be circulating these donations within the Giveth platform to receive GIVbacks, they will be disqualified. For example, a project should not be sending fiat donations received elsewhere back to their donors and asking them to donate on Giveth with crypto.
3. **The funds are not being used for what is expressed in the project page or submitted verification application.** Verified projects are responsible for keeping their projects up-to-date with information on how the funds are being used. If the project states explicitly that they are, for example, using the funds to develop education programs but are found to be using the funds to employ developers, they may be disqualified from the GIVbacks program.
4. **Unscrupulous or fraudulent activity.** This can be the use of violence, breaking laws, or other behaviour that does not uphold the values of the Giveth community. Projects found to be violating our Terms and Conditions will not only lose their verification status, but they also will be canceled.
Expand Down

0 comments on commit c3bf70b

Please sign in to comment.