{"signature": "0xa4febaa1b34436d380d1e943e0f2f586eebac3cfa0e2c9445d850d278bb6252c6d8253134e8a5a2acff56112c9cfd9ba2542b3957271ab6484579363a0512ae41b", "application": {"round": "0x5eb890e41c8d2cff75ea942085e406bb90016561", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "zcL1+q3m7AE5OFubaMlSLLhVIK9pTRwtjp0i1Q1kFtH05uYJhCrRE4I35fQ9WsKg", "encryptedSymmetricKey": "29cd341e2bade51f6784ed1c116f033db01d3a55f361c2283892ede317a3bb24a4a2832d5555997bfc7c33036fb07604bf921e09fab33c9427981131fee96f3cae8ec6a580aa3d2c7fcf701d17a286dd51f8102363cb615d8863240873578d8c066955e666f42c15d03829c5280033b36615bcf593b8ec5c0efa4f4cdfd687ab00000000000000207a5a16dd1992ffb6d4730413f6a351e550ff3202f4790ab177983ad3fb378f2284016a6ebdf4588867d42298efce3aae"}}, {"type": "short-answer", "hidden": true, "question": "Telegram Handle", "questionId": 1, "encryptedAnswer": {"ciphertext": "hYbqBny87lzmE94kILqYOrMnhGCytsTrL7ZwY2CONxs=", "encryptedSymmetricKey": "c411e6d45cc97486a37841a6c55ed935f83e41d37a4af91bf13e4f610c082d04d19a29510f22539c726f9a5505de600e52b73809f6a6afbbb1c2081329d83a1aa2a96fa1efca4534488ccf03d8b82e00e511b0f5cfb6d556d67bf5979ff7ac8b6c90149c533a35ba953fd35f14ca8c420ce6a4ccf62e8d60739f4d2e58e8fa6900000000000000205dcb6ac76ad15c9064bfef691f30b6807877dd3e5f22a5893774dda9d190525c4fad960057f8d278aa68e2f6a1db08b4"}}, {"type": "short-answer", "hidden": true, "question": "Gitcoin Gov Forum Handle (gov.gitcoin.co)", "questionId": 2, "encryptedAnswer": {"ciphertext": "3SBt7rfArPrVVgZnhro52KZSl28WFpVzNdnfattJ/wU=", "encryptedSymmetricKey": "aba9bb77812598e29e633cfb6e2e153e6a3f55ee8b67b2c28da1d4c9711b650b5645da919df9cea3ab3b0be82673c014bf1e577f948131fade11c40dbd026d5b09ede29494ef910e4198d5bb1609fc62d172158f697359c9677e5cc05be80880f58e23c4afe582f8ea20772188fd29a080879d2a38ae60b17dc46e2c543d284700000000000000200738664e49bb657aa8d27d436629090bf5605ced807bef16ebf771dcf5c93550b6a28d91565881d1625c75b9c67c07aa"}}, {"type": "link", "hidden": false, "question": "Link to your Public Group Chat (Discord or Telegram )", "questionId": 3}, {"type": "number", "answer": "500.000", "hidden": false, "question": "Total prior funding for the project in USD", "questionId": 4}, {"type": "paragraph", "answer": "Parisii to date has received $500K in direct investment and contribution from founders. Round open for a $1 million raise at $20 million valuation.", "hidden": false, "question": "Please expand on how much funding you\u2019ve received from funding sources and when? (VC, grants by foundation, token sales, etc)", "questionId": 5}, {"type": "number", "answer": "11", "hidden": false, "question": "Total team size", "questionId": 6}, {"type": "number", "answer": "12", "hidden": false, "question": "How old (in Months) is the project?", "questionId": 7}, {"type": "address", "hidden": true, "question": "If you participated in past grant rounds using a different project payout wallet address, please share it here:", "questionId": 8}, {"type": "paragraph", "answer": "Jason Cooner - Chairperson, President, and CEO\nhttps://www.linkedin.com/in/jason-cooner/ \n\nTeuta Oruci - Lead Advisor\nhttps://www.linkedin.com/in/teuta-oruci-bakalli/\n\nTroy Vanderburg - Chief Strategy Officer\nhttps://www.linkedin.com/in/troyvanderburg/\n\nAntonio J. Col\u00f3n - Board Member, Chief Financial Officer\nhttps://www.linkedin.com/in/cpa-antonio-colon-semidey-4532a929/\n\nDavid Lopez-Kurtz - Legal Counsel and Corporate Secretary\nhttps://www.linkedin.com/in/david-lopez-kurtz/\n\nPeter Yeo \u2013 Senior Advisor\nhttps://www.linkedin.com/in/peteryeo/\n\nMike Miglio \u2013 Senior Advisor\nhttps://www.linkedin.com/in/cryptoattorney/\n\nMichael Jelen \u2013 Senior Advisor\nhttps://www.linkedin.com/in/michaeljelen/\n\nSapphire Adizes \u2013 Senior Advisor\nhttps://www.linkedin.com/in/sapphire-adizes-a12903103/\n\nTyler Gallagher \u2013 Advisor\nhttps://www.linkedin.com/in/tyler-gallagher-b06494165/\n", "hidden": true, "question": "Profiles or socials for other main team members publicly associated with the project. These may be used to determine eligibility of the project.: ", "questionId": 9}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Have you read and confirmed that your grant abides by the Program General Eligibility Policy? https://gitcoin.notion.site/GG19-Eligibility-50843c8b3ab44ad297731a00efa6e389?pvs=4", "questionId": 10}, {"type": "paragraph", "answer": "1. Focus on Climate Solutions: \n\nPARYS  is designed with a strong emphasis on sustainability, aligning with 9 of the 17 United Nations ESG goals. The project contributes to a greener economy by leveraging carbon allowances as a stabilizing asset and promoting eco-friendly investment practices. The scalable nature of PARYS positions it to adapt to growing market demands and evolving environmental standards. \n\nAs well as being an innovative financial tool, PARYS is also designed to facilitate and enhance climate action. By leveraging DeFi and stablecoins, PARYS provides a direct link to the carbon allowance markets, a crucial element in the global strategy to reduce greenhouse gas emissions (GHGs). \n\nParisii simplifies the process of trading carbon allowances which are vital in the global effort to reduce GHGs. Carbon allowances essentially cap the amount of emissions companies can produce, incentivizing them to adopt cleaner practices. By making these allowances more accessible and easier to trade, Parisii directly contributes to the systems already in place that aim to lower GHG emissions.\n\n2. Realm of viability: \n\nPARYS is crafted with a deep understanding of Web3 technology and its vast potential. It is structured to serve as a reliable and effective solution, simultaneously addressing existing problems in Web3 and blockchain technology as well as the pressing challenges of climate change. This approach combines technical proficiency with environmental consciousness, positioning the project at the forefront of innovative solutions in these critical areas.\n\nThe Parisii team comprises experts with relevant qualifications and experience in blockchain development, climate finance, and policy, ensuring the project's viability:\n- Team members have significant experience in deploying blockchain solutions that address complex problems, demonstrating technical expertise.\n- Legal and regulatory specialists on the team ensure that PARYS adheres to the required compliance standards, making it a reliable and trustworthy platform for investors. \n- The founders of Parisii are committed to the long-term development and success of PARYS, with a strategic plan that addresses current market needs and anticipates future trends in climate finance. \n\nIn conclusion, the PARYS project by Parisii meets the Climate Solutions Round eligibility criteria by presenting a project that is primarily and directly focused on climate solutions, backed by a team with the expertise and commitment necessary to ensure its viability and success.\n\n\n\n", "hidden": false, "question": "Please detail how your project meets the Climate Solutions Round eligibility criteria. https://climate-coordination-network.notion.site/Climate-Solutions-Round-Eligibility-bf14ea78d9d24a2f8952cb5270f11b00?pvs=4", "questionId": 11}, {"type": "paragraph", "answer": "- 2022-2023: US patent applications filed and research published. \n- 2023-2024: Negotiating agreements with custody providers and software development organizations and strategic partnerships in place.\n\nWe have notably agreed that the Parisii Treasury will be managed by a large established financial institution. \n", "hidden": false, "question": "If you've received funding in past grant rounds, please share any new updates or milestones from the prior months. You can also include the challenges you've faced. ", "questionId": 12}, {"type": "multiple-choice", "answer": "No", "hidden": false, "question": "Have you minted a Hypercert for your project? ", "questionId": 13}, {"type": "link", "hidden": false, "question": "If Yes, please provide a link to your Hypercert (https://hypercerts.org/app/gallery-all) ", "questionId": 14}, {"type": "paragraph", "answer": "We will measure the impact of Parisii based on several factors. One such factor is PARYS' market penetration and growth, by keeping track of PARYS' market share, growth rate in user base, market capitalization, volume of transaction. All of these metrics are indicators of adoption and usage. The total market share of stablecoins is expected to grow dramatically over the next 5 years, and this indicates that there is plenty of room for new stablecoin entrants like PARYS.  We are optimistic about acquiring a significant market share, especially since PARYS is the only Sustainability based stablecoin in the market currently with patent-pending protection worldwide to protect the concepts and ensure market exclusivity.\n\nThe Parisii team will also be able to track environmental metrics. For example, Parisii can quantify the amount of greenhouse gas emissions reduced or offset through PARYS, measured in metric ton of CO2 equivalent. We can also track the number of carbon credits purchased, retired or traded through the services that Parisii offers. These constitute metrics of environmental impact. \n\nThe Parisii team will also document instances where the project has contributed to advancing the field, such as through published research or conference presentations.\n", "hidden": false, "question": "How do you measure the impact of your project? Please provide examples and/or standard metrics. This might be used in future impact reports ", "questionId": 15}, {"type": "paragraph", "answer": "The Parisii team is a dynamic and highly skilled group of professionals, each bringing a wealth of expertise and experience. This team comprises seasoned experts in blockchain technology, underlined by their significant achievements in large-scale software infrastructure development and innovation in the Web3 space. Their expertise is further bolstered by profound knowledge in climate science and carbon credit systems, crucial for successfully integrating sustainable practices in blockchain applications. The Parisii team also includes veterans from the finance industry, ensuring that the project is grounded in sound financial principles and adheres to regulatory standards.\n\nThis diverse blend of technology, environmental science, and finance expertise demonstrates the team's comprehensive skill set and reflects their ability to tackle complex challenges collaboratively. Their collective track record, marked by successful past projects and strategic industry affiliations, is a testament to their capability to drive Parisii and its projects toward new frontiers in sustainable blockchain solutions.\n\nWhitepaper: \nhttps://docsend.com/view/mzexmgfnup889zir\n\nOne Pager: \nhttps://docsend.com/view/p8einukgex2esyff\n", "hidden": false, "question": "Anything else you'd like to share about your project, previous work, or other project affiliations? Anything you'd like to add that may help in determining project eligibility?", "questionId": 16}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Would you like to opt-in to future messages from the Climate Coordination Network (CCN) for updates, information, and/or interviews? ", "questionId": 17}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Would you like to opt-in to us sharing your information with select third-parties for investment opportunities? ", "questionId": 18}, {"type": "multiple-choice", "answer": "Carbon Accounting", "hidden": false, "question": "Which of these categories best represents your project? Choose from: ", "questionId": 19}, {"type": "checkbox", "answer": ["Europe", "North America"], "hidden": false, "question": "Location/Region where the project is based: Choose from: ", "questionId": 20}, {"type": "checkbox", "answer": ["Europe", "North America"], "hidden": false, "question": "Primary Location/Region where the project is making an impact: Choose from: ", "questionId": 21}, {"type": "multiple-choice", "answer": "Yes", "hidden": false, "question": "Would you like to be included in an additional 150k sub-round funded by Shell? All grantees must agree to a KYC process to be eligible to receive these funds. ", "questionId": 22}], "project": {"id": "10:0x8e1bD5Da87C14dd8e08F7ecc2aBf9D1d558ea174:1447", "title": "Parisii", "logoImg": "bafkreif3ixmtaohmwqw2ykxaywpjcbprbkut22rgwyeasnn7itp54wxkmq", "metaPtr": {"pointer": "bafkreifvovorzqd52lh5pkzulnzmgjoizphcgztruwfdckqgld6dipcyyi", "protocol": "1"}, "website": "https://parisii.io/", "bannerImg": "bafkreientijia4tsjq2kchy653hymz3qhreisudqcrxnqfnc2r3ynazob4", "createdAt": 1699558616579, "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..OrNj_Xe1v_lGtpw_Yc0ihDg86FdecjbXEi4na75oNouN-PX4IsH995I6BA_rHc7h42USKfAZQlNIBcs7Sm3nDw", "type": "Ed25519Signature2018", "created": "2023-11-09T20:21:24.743Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-11-09T20:21:24.743Z", "expirationDate": "2024-02-07T20:21:24.743Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xB7929400E4490a01752488daeAeDaABf161A9C6B", "hash": "v0.0.0:D0eV9/IF4W1TmR6o/iFLgERSbYsWfMELzf3M7w0vNW4=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#Parisii_io"}}}, "description": "Parisii's focus on climate solutions is a defining aspect of its PARYS project, marking it as a unique player in the Web3 space. This initiative is distinguished by its direct alignment with the Paris Agreement, particularly in implementing Article 4 (carbon accounting and reporting) and Article 6 (carbon monetization). By addressing these critical components, Parisii not only contributes to the global effort to combat climate change but also pioneers a new approach in the integration of environmental responsibility with blockchain technology.\n\nParisii is developing PARYS,  an innovative financial instrument poised to significantly influence the transition towards a sustainable global economy. This initiative directly tackles the substantial climate finance gap highlighted in the Paris Agreement. Through the creation of PARYS, Parisii is blending the decentralized features of blockchain technology with the stability and familiarity of traditional financial markets. This combination results in a stable, synthetic asset specifically tailored to be a sustainable stablecoin. PARYS ingeniously integrates the structured financial framework of EU-ETS Carbon Allowances with the dynamic, evolving world of Decentralized Finance (DeFi). This integration offers a scalable, efficient avenue for directing investments to perfectly align with the ambitious goal of achieving Net Zero emissions by 2050.\n\nConceived in strict adherence to the European Union's Markets in Crypto-Assets (MiCA) regulatory framework, PARYS stands out as the world\u2019s sole Paris Agreement compliant Carbon Synthetic. Parisii's strategic approach positions PARYS at the vanguard of financial innovation, combining the agility and potential of cryptocurrency with the robustness and reliability of conventional investment mechanisms. Consequently, PARYS is well-positioned to revolutionize the crypto settlement landscape, poised to command a significant share of the existing $125B stablecoin market. This is achieved by offering a novel, price-appreciative carbon-collateralized asset. Parisii's methodology simplifies and incentivizes investing in environmental sustainability, making it not only impactful and accessible but also financially lucrative.\n\nThe PARYS stablecoin is pegged 1:1 with the EURO, and EU-ETS Carbon Allowances underpin its intrinsic value. This strategic pegging and backing facilitate PARYS' role as a critical conduit between the conventional financial sector and sustainable environmental practices. PARYS' design promises stability and reliability for financial market participants seeking sustainable investment avenues and actively incentivizes environmental compliance and sustainability. Both organizations and individuals are empowered to leverage PARYS in engaging with carbon markets, whether to offset their carbon emissions or integrate it into broader environmental strategies.\n\nPARYS is collateralized by EU-ETS carbon allowances, which are government-issued permits that allow the holder to emit a certain amount of CO2 or other greenhouse gases. These allowances are an integral part of cap-and-trade systems adopted to reduce carbon emissions to meet climate goals. A cap is set on the total amount of certain greenhouse gases that can be emitted. This cap is typically reduced yearly to decrease carbon allowances, forcing corporations to reduce their overall emissions. EU-ETS Carbon allowances have a $700B annual trading volume and over $200M in daily liquidity, making the PARYS stablecoin collateralized with a highly liquid asset. PARYS is projected to outperform all other stablecoins with up to 6% APY staking reward compared to Tether's 3.5%. PARYS is the only financial mechanism designed to hedge the financial exposure of carbon emissions.\n\nIn its business model, Parisii directly invests in GHG Projects, emphasizing its commitment to tangible environmental impacts. These investments are geared towards projects that actively reduce greenhouse gas emissions, supporting the broader objective of achieving Net Zero emissions by 2050. This direct involvement in GHG projects distinguishes Parisii from other blockchain initiatives, as it showcases a hands-on approach to environmental stewardship.\n\nIn essence, Parisii seeks to democratize and streamline access to carbon markets, simplifying engagement with carbon allowances \u2013 a pivotal component in the global strategy to curb carbon emissions. Through its innovative design and alignment with global environmental goals, Parisii is set to play a transformative role in the intersection of finance, technology, and sustainability.\n", "lastUpdated": 0, "projectTwitter": "parisii_io"}, "recipient": "0x19CDf0a52734b85e93A96bC0E328B5ff4FA90F74"}}