Thank you for this post Annika.
Indeed the “have a token” criteria may have been way too arbitrary.
But the marketcap proposal sounds equally arbitrary, doesn’t it?
What if a developer team creates a token, gives all of it to the community and it has $100m marketcap? They would still have kept nothing for themselves, thus would have no funding at all from the token.
I would guess we would really have to do a case-by-case study, see how the token operates, how many tokens does the team have, and if it is the same team that requests the funding for the gitcoin grant.
Generally the idea is not to punish anybody here. It’s just to not let greedy people take money from projects that have otherwise very small sources of funding.
For BrightID’s case I have no idea how much they have raised from the token if there was a sale, how many tokens they kept etc. so I can’t really give an informed opinion.