{"signature": "0x7bf173293b1b65bf7d7751c1651052d5b805d175645fa548d1110558e257e93136b93b83fa76fb1b455344d74f0ac01daa30b5b044d9ba6fbf29cb13a3a6670e1b", "application": {"round": "0xda3b55a9bcf58bb2d9f673836beab3ae47ca9184", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "dzVrrfZxheCtX6hD4JCOm+jBjFKme8PRSqbFAWDPzbgpIWSyYZR0S57Uf+M2K/HV", "encryptedSymmetricKey": "1569d8fbf96c1d35fa50e8cafa6a687f0cd83486514b4351208ae224512842cc38f84fdb52ddd1a1dd2a0e302988d60f65e0efc4aec3995d86833fb29233f55f27a3cf18254f7866ed19e9b22051963d7b4a6664f7767784073614c32518faaa109812a007fce1f55670f53640f577b9e587f9e944979fd75ee9ce7c7a844bdb0000000000000020a054dc3036775fbc95f4f4163778f4a54f7eacd40b17b6a467888b7b761ced2addf46d57c8af36263c985a3906aa6997"}}, {"type": "short-answer", "hidden": true, "question": "Telegram Handle We Can Use To Contact You(you can answer N/A)", "questionId": 1, "encryptedAnswer": {"ciphertext": "jMIniHsGsaOlNk1Tad0QOs6jealFNwEBrwOlU4T1GkA=", "encryptedSymmetricKey": "cbb231acd14d441c863b572db71c60450f3aac5ad1d39c8e07bfc8976c82cb1bd758f05db83126700adaddf08952500ed9319c5a889bfe307e7fccd43e529a965fe37871787016c843cae962957b65bed2f85fdf753e4fd4d9618ac7905b1c86229f060afd1dd3332539e584177053ff5d49eb9f592c793a74d23a0cc7c41ed600000000000000209d236f37cb004ec8ea3ac64b34c8c4a1541033f9073b329f17cb01d4bae9b305807ae2ba3b81dd0d8fba3e4dc47adc99"}}, {"type": "link", "answer": "https://github.com/InverterNetwork", "hidden": false, "question": "Project GitHub Repo (Not Team Page): ", "questionId": 2}, {"type": "number", "answer": "10", "hidden": false, "question": "Total Team Size", "questionId": 3}, {"type": "paragraph", "answer": "0x8Bc82aa112d6f0Bc666146dF3Ee97CaA98dc1a4F\n", "hidden": false, "question": "List the Github Handles and Wallet Addresses of Each Team Member (e.g. owocki - 0x123, kbw  - 0x456):", "questionId": 4}, {"type": "paragraph", "answer": "https://twitter.com/alpergintr", "hidden": true, "question": "Social profiles (Twitter, Farcaster, Lens, etc.) of other main team members publicly associated with the project (N/A for solo founders): ", "questionId": 5}, {"type": "link", "answer": "", "hidden": false, "question": "Link to your Public Group Chat (e.g. Discord or Telegram)", "questionId": 6}, {"type": "paragraph", "answer": "N/A", "hidden": false, "question": "If you've participated in past grant rounds, please share any new updates or milestones from the prior months (N/A if you haven’t participated previously). ", "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": "https://www.inverter.network/\nhttps://github.com/InverterNetwork", "hidden": false, "question": "Where should we look to see the impact of your project? Please provide links to public websites and/or the latest values for key metrics you track privately. This might be used in future impact reports", "questionId": 9}, {"type": "paragraph", "answer": "$1M", "hidden": false, "question": "Total Prior Funding for the project in USD", "questionId": 10}, {"type": "checkbox", "answer": ["VC", "Grants"], "hidden": false, "question": "Which of the following funding sources do you have? Check all that apply", "questionId": 11}, {"type": "number", "answer": "11", "hidden": false, "question": "How old (in Months) is the project?  ", "questionId": 12}, {"type": "multiple-choice", "answer": "Europe", "hidden": false, "question": "Location/Region where the project is based ", "questionId": 13}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Have you read and confirmed your grant abides by the Program General Eligibility Policy? ", "questionId": 14}, {"type": "short-answer", "answer": "No", "hidden": true, "question": "Are you applying for any other OSS rounds in GG20? (Reminder: you can only be accepted into one) ", "questionId": 15}, {"type": "paragraph", "answer": "In the current status quo of blockchain applications, protocols are too costly to build and maintain, let alone understand the technical needs and research architectural requirements to scale with the evolving needs of applications and novel use cases that can apply to the real world. This is because many smart contracts are built in monolithic contracts that lack composability, which makes it much more costly and time-consuming to build new smart contracts or change the existing ones. Many projects that try to realize a product market through multiple iterations are burdened by these recurrently aggravating expenses, in some cases leading to the failure of the project. Even though well-capitalized projects are able to invest resources into these custom smart contracts, building use cases that leverage existing protocols still requires manual development that is periodically recurring. The blockchain space is missing a communication protocol that abstracts away the complexity of building blockchain-based applications while having the ability to leverage constant innovation without needing to invest vast resources into smart contract development. Without this, scaling the transformative powers of blockchain to real-world adaption and novel use cases is extremely challenging.", "hidden": false, "question": "How does your project significantly contribute to the Ethereum network’s infrastructure, addressing foundational needs and innovative solutions to current challenges?", "questionId": 16}, {"type": "paragraph", "answer": "It's already been answered in the question above.", "hidden": false, "question": "How does your project promise to elevate the Ethereum ecosystem, particularly in enhancing privacy, interoperability, and/or user experience?", "questionId": 17}, {"type": "paragraph", "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": 18}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Would you like to opt-in to future messages from Gitcoin for updates, information, and/or interviews? ", "questionId": 19}, {"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": 20}], "project": {"id": "0x65d8e9be9448fbfc55737ccee6ebd9b1c48ce7fe2a28f313a89b224d2b6db22b", "title": "Inverter Network", "logoImg": "bafkreihpqjuutmfvijknuchosi7ohmxwgqth7cvchadmmmod6uxeg6fbna", "metaPtr": {"pointer": "bafkreidicwdabeexohrdva7ferlmphm42iohjqgbmgwtd6sijxxhmxnlnm", "protocol": "undefined"}, "website": "https://www.inverter.network/", "bannerImg": "bafkreih2c6ndxuk4gsw7rajzed4lhzjawnzyhpksx2huusle54soii46aa", "createdAt": 1713301913805, "userGithub": "InverterNetwork", "credentials": {}, "description": "Inverter Network\n\nInverter Network is formed with a vision that tokens, from the way they are created to the larger system they are connected to, can make modular money and programmable institutions possible on the blockchain by enabling issuing and distributing tokens in a programmable and dynamic way. \n\nTo realize its vision, Inverter built two novel technologies: \n\n\n\nInverter Protocol\n\nInverter protocol v.1 was designed as a modular infrastructure to ensure the extendability and upgradability of protocol capabilities, as well as the dynamic operability of embedded business logic and token economies via customizable admin panels to offer a comprehensive back-office solution. \nThis allows for the configuring and conditioning of token issuance and distribution logic without the need for custom development, thereby enabling their protocol stack to be operational right from the start:\n\nCustomizable Admin Panel\n\nCustomizable Admin Panel provides an interface for Inverter’s protocol stack to enable a streamlined and no-code configuration, deployment, and operation of token economies via Inverter workflows and a set of out-of-the-box integrated solutions. \n\n\nDrag & Drop Functionalities\n\nInverter protocol is designed to enable drag and drop smart contract functionalities, such as staking, streaming, KYC/B services, oracle services, and so on to build new protocol technologies without additional manual development. \n\n\nModule Registry \n\nOn-chain registry of reusable, upgradable, and interoperable modules that can be assembled into custom workflows to perform a specific function and can be integrated or removed without affecting the system's overall integrity. \n\n\nAudited with a Security Standard \n\nInverter Security Standard is a set of security measures that range from extensive testing to security reviews with established auditing partners for maintaining the Inverter Module registry, thus allowing all the projects utilizing Inverter to build on quality-assured smart contracts without needing to finance an audit themselves. \n\n\n\nInverter poAMM\n\nOn top of the Inverter protocol, Inverter has introduced a poAMM technology that enables projects to deploy their token economies with conditional issuance and extendible utility management. This innovation, facilitated by a user-friendly, no-code issuance panel, allows for easy setup and customization of token economies. Inverter’s poAMM technology empowers projects to capture trading fees through primary issuance markets based on exchange volume, while also enabling the generation of yield from idle Treasury Reserve Assets across DeFi, which can be called back to the reserve as needed. \n\n\n\nEcosystem Impact\n\nJust like how Wix democratized website development, Inverter aims to democratize smart contract development. With its module library and workflow templates, Inverter makes onboarding businesses on-chain immediately and allows rapid testing and iterative product market fit. \n\nInverter’s modular network stack offers ready-to-use, customizable, and quality solutions to configure custom Web3 protocols and extend functionalities with on and off-chain integrated solutions, all without needing to build anything from scratch or individually financing audits. Moreover, through our partnership with ENS, Connext Network, and Source Network, Inverter offers a Startup SDK and a Low Code Platform for new builders to configure their custom protocol, and deploy and operate it without manually interacting with any smart contracts. \n\nInverter acts as a connective layer for Web3 technologies, making contributions from other developers and protocols instantly accessible and reusable by all the applications utilizing Inverter workflows and operating on Ethereum. Ideally, protocols that deploy on the Inverter architecture drive innovative contributions to Inverter’s Open Library as custom modules to meet their unique needs. Since Inverter architecture embraces composability, these project-specific modules will further expand the Inverter library, becoming available for future use by other projects. This will foster an interconnected Inverter ecosystem where every protocol shares a compatible architecture, mutually benefiting from each another's innovation.\n", "lastUpdated": 0, "projectGithub": "InverterNetwork", "projectTwitter": "inverternetwork"}, "recipient": "0x8Bc82aa112d6f0Bc666146dF3Ee97CaA98dc1a4F"}}