https://forum.arbitrum.foundation/t/safepal-ltipp-application-draft/21778
GFX Feedback) The project and and grant plan offer a novel way to connect Arbitrum to real-world banking. It’s unclear how many users will want to connect an Arbitrum address to banking services, but the structure of the connection (via NFT) and the nature of payment services suggest any users will be extremely sticky to Arbitrum as a chain.
GMX Feedback) Safepal’s grant proposal introduces an innovative strategy for linking Arbitrum with traditional banking services. While the potential demand for connecting an Arbitrum address to banking remains uncertain, this approach creatively enhances ecosystem engagement by leveraging payment rails and banking facilities. Although we have reservations about the $20 CPA, this initiative presents an opportunity for experimentation to assess its viability on Arbitrum. If successful, it could serve as a model for collaboration with other wallet providers and payment rails in the future.
404 Feedback) SafePal provided a thorough justification for the grant size along with clear milestones, KPIs, and a solid distribution strategy. We ranked them high on sybil resistance due to the requirement of a banking KYC. The SafePal banking gateway and Visa card product is novel and an exciting addition to the Arbitrum ecosystem that we believe will bring in new users.
Some additional points for improvement, there was a lot of duplicated content and several details could have been more concise. While the details and context were sometimes helpful, the length and redundancy of info made it sometimes difficult to grade the application. Additionally, SafePal provided a lot examples of previous incentive programs and product usage, but there was no way to verify most of this information.
https://forum.arbitrum.foundation/t/safepal-ltipp-application-draft/21778
GFX Feedback) The project and and grant plan offer a novel way to connect Arbitrum to real-world banking. It’s unclear how many users will want to connect an Arbitrum address to banking services, but the structure of the connection (via NFT) and the nature of payment services suggest any users will be extremely sticky to Arbitrum as a chain.
GMX Feedback) Safepal’s grant proposal introduces an innovative strategy for linking Arbitrum with traditional banking services. While the potential demand for connecting an Arbitrum address to banking remains uncertain, this approach creatively enhances ecosystem engagement by leveraging payment rails and banking facilities. Although we have reservations about the $20 CPA, this initiative presents an opportunity for experimentation to assess its viability on Arbitrum. If successful, it could serve as a model for collaboration with other wallet providers and payment rails in the future.
404 Feedback) SafePal provided a thorough justification for the grant size along with clear milestones, KPIs, and a solid distribution strategy. We ranked them high on sybil resistance due to the requirement of a banking KYC. The SafePal banking gateway and Visa card product is novel and an exciting addition to the Arbitrum ecosystem that we believe will bring in new users.
Some additional points for improvement, there was a lot of duplicated content and several details could have been more concise. While the details and context were sometimes helpful, the length and redundancy of info made it sometimes difficult to grade the application. Additionally, SafePal provided a lot examples of previous incentive programs and product usage, but there was no way to verify most of this information.
https://forum.arbitrum.foundation/t/long-term-incentives-pilot-program/20223/60?u=mcfly
https://forum.arbitrum.foundation/t/404-dao-delegate-communication-thread/22494/7?u=404dao
https://forum.arbitrum.foundation/t/long-term-incentives-pilot-program/20223/60?u=mcfly
https://forum.arbitrum.foundation/t/404-dao-delegate-communication-thread/22494/7?u=404dao
https://forum.arbitrum.foundation/t/long-term-incentives-pilot-program/20223/59?u=krst
Check our governance forum profile for rationale
This is a cool experiment, next time will have to get a grant for arbitrum branded hardware wallets :)
As the Program Manager StableLab will vote Abstain on every LTIPP proposal to remain neutral as per the LTIPP proposal
Voting FOR all proposals, recognizing LTIPP's thorough execution and its vital role in driving Arbitrum Ecosystem's growth.
As an advisor, member of LTIPP, voting "for" on ALL published proposals to support both the protocols and the work of the council.
https://forum.arbitrum.foundation/t/long-term-incentives-pilot-program/20223/59?u=krst
Check our governance forum profile for rationale
This is a cool experiment, next time will have to get a grant for arbitrum branded hardware wallets :)
As the Program Manager StableLab will vote Abstain on every LTIPP proposal to remain neutral as per the LTIPP proposal
Voting FOR all proposals, recognizing LTIPP's thorough execution and its vital role in driving Arbitrum Ecosystem's growth.
As an advisor, member of LTIPP, voting "for" on ALL published proposals to support both the protocols and the work of the council.