Enhanced Connectivity and Collaboration:
By facilitating coordination calls and improving relationships between grantees, round operators, and blockchain developers, the project ensures better communication and collaboration. This leads to more cohesive efforts in impact reporting and funding allocation, reducing fragmentation within the ecosystem.

Development of Open Standards:
The creation of open schemas and standards for impact reporting provides a uniform framework that can be adopted across various projects and organizations. This interoperability enhances the efficiency and transparency of impact reporting, making it easier to compare and evaluate different initiatives.

Impact Attestation Validator Network:
Establishing a network for validating impact reports ensures that the data is reliable and trustworthy. This web of trust is crucial for building confidence among funders and stakeholders, promoting greater accountability and encouraging more funding based on proven impact.

Incentive Mechanisms:
By creating incentive mechanisms for impact evaluation, the project motivates stakeholders to engage in thorough and accurate impact assessment. This incentivizes high-quality reporting and continuous improvement, driving the overall effectiveness of the grants ecosystem.

Efficiency in Impact Reporting:
Improved efficiency and ease of impact reporting for grantees reduce administrative burdens and allow them to focus more on their core activities. This streamlined process ensures that more resources are directed towards impactful work rather than bureaucratic procedures.

Long-Term Evolution of Philanthropy:
By driving the adoption of decentralized technology and open standards, the project positions the Web3 grants ecosystem at the forefront of philanthropic innovation. This evolution towards a more transparent, accountable, and efficient funding model sets a precedent for the future of philanthropy.