Gaia is well-aligned with the round-specific eligibility criteria for the Climate Solutions Round. Gaia has been in the work for more than 21 months, fulfilling the project age requirement. Our primary focus is on climate solutions, as evidenced by our commitment to making accessible impact investing in climate startups through our simple platform. Gaia contributes to mitigating climate change as it will play an important role in the core infrastructure for web3 climate solutions.  


- Problem & Solution:
Gaia offers a comprehensive solution to address the climate finance gap faced by the private sector. Renowned international organizations such as the UN, WEF, OECD, and others have identified a staggering annual shortfall of $630 billion in climate finance required to sustain the 1.5°C pathway. The primary challenge that Gaia seeks to overcome is the scarcity of impact investment opportunities for the private sector, which is compounded by the requirement of substantial capital to participate.

Gaia’s groundbreaking impact investing platform transcends borders, eliminating the need for KYC (Know Your Customer) procedures, and empowers individuals worldwide to invest in climate startups without any capital requirements.


- Funds Allocation Update:
The funds collected from this Gitcoin round will primarily be used to audit thoroughly Gaia's smart contract. This will be done by performing a top-notch review, ensuring that the protocol can launch smoothly on the Ethereum network.
To achieve this, the initial $5,000 garnered from this round would be dedicated to a meticulous high-quality audit process. The subsequent $2,000 would be allocated to fortify the liquidity pool, a move aimed at enhancing the experience for all Gaia users.
Moreover, any surplus funds exceeding the $7,000 mark would be strategically channelled into Gaia's marketing initiatives. This encompasses multifaceted approaches, including fostering Gaia’s community’s expansion through giveaways and special offerings, orchestrating community engagement activities such as contests, as well as facilitating paid marketing campaigns utilizing the influence of micro-influencers.
These fund allocations and their subsequent outcomes will be transparently communicated via Gaia's official communication channels, prominently featured on both the #announcements section of Gaia's Discord channel, as well as through updates shared on Gaia's official Twitter account.




- Timeline:
1/ Smart Contract and dApp Refinement Phase
Finalize, meticulously review (audit), and conduct comprehensive testing of the smart contracts and dApp on the testnet. [September]


2/ Strategic Marketing and ICO Announcement
Initiate a robust marketing campaign to build anticipation and awareness. Officially announce the ICO date & details, generating excitement within the community. [October-November]


3/ Public Launch
Execute the public launch of the project on the Ethereum network, marking a significant milestone in our journey. [Mid/End of November]