The Future of Distributed MRV π π±| Roundup #52
Hi Everybody! Β Adam French here to lead the roundup for this week π I'm a designer of strategies, brands, and business models, currently working with dMeter and Silvi in the ReFi space and in the early stages of founding Interform - a transformation agency weaving regenerative values, design thinking, and universal principles together to help organizations and their ecosystems evolve.
Here is the roundup for this weekπ
MRV Needs a Reboot π¨π»βπ»
The creation of carbon credits, as well as credits for any positive impact you can imagine (clean water, clean energy, biodiversity, recycling, etc..), have the potential to be a critical piece of the puzzle in providing funding for public goods and creating more regenerative economic systems. Yet to date, early manifestations of these types of market have been riddled with problems - from a lack of transparency and integrity, to the proliferation of cheap and low-quality credits. A recent study conducted by the Guardian suggested more than 90% of rainforest carbon offsets by biggest certifier are not having their intended impact!
These issues are slowing the market down and delaying progress in combatting climate change when time is running out. Where do we go from here?
MRV Innovation π
Measurement, Reporting and Verification (MRV) is the process of collecting, monitoring and verifying data on any impact claim that is made. It is an essential part of the process to overcome the aforementioned issues with carbon credits, yet presently, there are a number of challenges for implementing MRV effectively:
- Too expensive or complicated for small landholders to participate.
- Relies on centralized bodies with limited output and are prone to reporting errors.
- Current methodologies have limited biodiversity and social impact capabilities, creating a lack of justice & equity for indigenous communities.
As a result, there is a critical need for innovation in MRV processes and solutions with support from an array of people and advanced technologies - AI, satellite imagery, drone surveillance, and of course.. blockchain.
Decentralized-ledger technologies such as blockchain have the potential to help increase transparency, reduce transaction costs and combat fraudulent actions such as double counting. As such, lets dive into some awesome projects innovating at the intersection of Web3 & decentralized MRV (dMRV) ππ½
Open Forest Protocol β open and scalable dMRV π²
Open Forest Protocol (OFP) Β allows forest projects of any size to Measure, Report, and Verify their forestation data. Using mobile app solutions to make it easier and more affordable for small landholders to participate in the carbon markets. See the Kisampa Conservancy in Tanzania as a case study here.
Regen Network - dMRV and origination
Regen Network has built the Regen Registry with the goal to create open-source infrastructure for cost-effective and rigorous MRV implementation. Their aim is to democratize and invigorate ReFi by empowering communities of earth stewards, scientists, technologists, and climate entrepreneurs to govern the systems used to create new ecological assets. To that end, the registry is built on the understanding that ecological systems are inherently complex and a one-size-fits-all solution is unlikely to meet the unique challenges and opportunities of each ecological regeneration project.
See the Regen Registry Guide for more info or check out Sam Bennett's deep dive video into their pioneering soil carbon dMRV capabilities... π
GainForest - using AI and DeSci to measure and reward nature stewardship π°
GainForest is a non-profit working to utilise AI monitoring systems, decentralized science (DeSci), and impact NFTs to unlock funding for nature-based solutions. They have recently released an extremely cool demo for their Forest Map, check it out below π² πΊοΈ π
Forget Google Maps. Have you ever dreamed of a #ForestMap? I know we have! Check it out! (yes, it even rotates 360º). How did this happen, though? 𧡠pic.twitter.com/uz9iEbvSNu
β GainForest π°(π±) (@GainForestNow) February 9, 2023
BICOWG - Blockchain Infra Carbon Offset Working Group ποΈ
BICOWG is a collaborative brain trust that assists in coordinating crypto-climate projects, provides education and spaces/forums for Q&As, develops tooling for emissions-related methodologies, and provides clearinghouse services required for the industry-wide movement to address blockchainβs climate impact.
GH PART I π§΅...
β BICOWG (@BICOWG) October 31, 2022
A few weeks ago, BICOWG gathered leading operators at the intersection of #Climate x #Crypto space across #Web2 and #Web3 during our inaugural event #GreenHouseRetreat2022.
Our focus was on βInteroperabilityβ across Language, #Code, and #Tokens. π³
1/ pic.twitter.com/T19rAVLJPn
dMeter - An Interoperable platform for dMRV ππ½
dMeter is a DAO experimenting with advanced data collection methods to approach dMRV. Envisioning a future where anyone can get paid for their regenerative action. Building an accessible and interoperable toolkit to help communities get recognized and paid for their actions by connecting existing dMRV projects.
Very interesting convo, #defi to #refi & #desci to #resci need #dMRV
β dMeter (@dMeter4dmrv) January 18, 2023
Special thanks to @DmrvNetwork @orgo @EverGreenCoin_ @ReSciNetwork @regenagbundle!
Our grant at https://t.co/jvFymUqE1k, speakers pls post link to your grants below & we'll reshare?https://t.co/u6ciirzQnO
Outlook for dMRV this year π
Major funding has yet to come to dMRV, but demand is higher than ever.. We hope 2023 will be the year we see dMRV scale and proliferate across the world as an integral part of the evolving impact asset and credit markets. As always, we will be keeping our eyes peeled for new projects, solutions and deals ππ΅ - let us know if we missed any!π
Here were the top 5 most voted projects of the week at refidao.com:
- π¦ Ecosapiens: Worldβs first perpetual carbon-capture NFT.
- οΈπ LunCo: Opensource Engineering Software for Space.
- π₯¬ Raiz: Vertical farming network with tokenization model.
- π UrbΓ‘nika: Facilitating urban commons DAOs and city-wise coordination.
- β‘ PowerLedger: Building the operating system for the new energy markets
*Projects included in roundup #51 are not counted this week!
Votes have now been reset so head over to refidao.com, make an account, and show some support to your favourite projects in the ecosystem this week! π
ReFi Podcasts ποΈ
Top audio and video content from creators across the web π
Thallo on ReFi Podcast π
ReFi Podcast Bonus Episode - Pragmatic Carbon Finance with Hayley & Ryan from Thallo. This episode dives deep into Thallo's innovation of a two-way carbon credit bridge to bring liquidity and transparency to on and off-chain carbon markets. Read the deep dive, listen on your podcasting favorite platform, or check out the episode on Youtube π
Other π₯ Podcasts on our Radar:
- Impact networks & decentralizing social media Β featuring Breno from Ekonavi- Episode #7o of the Block Explorer with Colin Brightfield and Cash Upton
- Solving Extreme Poverty with a Stablecoin feat. Jasper and Garm of Glo Dollar ποΈ | Greenpill episode #89 with Kevin Owocki
ReFi NewsBites ποΈ
The latest updates across ReFi Twitter and beyond...
π€πΌ A Merger of ReFi Community Powerhouses π€πΌ
ReFi Spring has officially MERGED with ReFi DAO to create an epic platform called the Event Organizer Guild for ReFi community. This partnership between ReFi Spring, Commons Stack, and ReFi DAO, is aimed at empowering people & communities to build local ReFi Nodes across the globe...
We are super excited to announce that ReFi Spring is merging with @ReFiDAOist! π
β ReFi Spring π€ ReFi DAO (@RefiSpring) February 14, 2023
Together we can build a global startup movement rooted in local communities! ππ₯
To celebrate, we wanted to announce our first seven grantees for S2! π
Read more on https://t.co/IrxMVttWV8
1/
π° ReFi Bounty Mania from Future Quest π°
Future Quest has created a bounty board with $50K of bounties for 17 different ReFi projects. There are a variety of tasks, from social media posting to hosting a roundtable around specific topics in ReFi. It's a great opportunity for any bounty hunters or people looking to get into the door working in ReFi.
Exciting news! Announcing our $50k bounty board to support the development of our 17 cohorts in the recent ReFi grant pool supported by @0xPolygon @CeloOrg @bobanetwork @ReFiDAOist.
β Future Quest | Let's π€ in Denver! (@FutureQuestDAO) February 16, 2023
Don't miss out on this opportunity to get involved in the ReFi industry: https://t.co/1ebcbwyQPv pic.twitter.com/2DyrxMekPK
π± Ecosapiens Announced their Inaugural NFT Drop!
Ecosapiens has diligently built a strong community in ReFI. It's time for the community to buy NFT collectibles, each one backed by 16 tons of carbon kept out of the atmosphere. Dropping on Feb 22nd!
One year ago, we raised $1.5M in VC to bring something truly innovative to web3: the world's first carbon-backed collectibles.
β Ecosapiens (@ecosapiensxyz) February 9, 2023
We are thrilled to announce the launch of our EcoGenesis collection, a limited edition of 350 pieces that go live on Feb 22nd.
More below (1/17) π§΅π pic.twitter.com/13G2blidH7
ποΈ ReFi India Greenpill festival: hackathon registration is now open
The GreenPill festival will be one of the most exciting ReFi events this year! Register now to get the chance to build and jam with other regens on the beach of Gokarna, India.
π¨π¨π¨
β ReFi India (@RefiIndia) February 17, 2023
REGISTRATIONS for the #GreenpillFestival hackathon are now open!!!
Come, win the opportunity to build by the beach, #regensπ#ReFi #Greenpill #GetGreenPilledπ§ͺ pic.twitter.com/GHGQADJKRc
Also on our radar this week
- Silvi and Ekonavi are partnering to bring community-based reforestation enabled with Web3 to Brazil
- Solar Foundation drops a CHECKS - SUN NFT mint. All funds will go to fund solar projects in under-served communities.
Looking Forward π
Some of the exciting events coming up soon... Make sure to grab some tickets and support the ReFi regenerative renaissance wherever you are from!
Regens Unite Gathering (May 26-27, Brussels)
Bringing regens from around the globe into a "safe and brave space" to create "relationships and unite". They're taking only around 100 applications, so be sure to apply soon if you want to go!
πHello Regens,
β Regens Unite (@regensunite) February 13, 2023
π± Believe that sustaining the status quo is no longer an option?
π€ It's time to embrace regenerative solutions and join the Regens community.
π§πͺ Our first official event will take place in Brussels on May 26 - 27. Apply today! https://t.co/W3MrkRzZ3L
Market Opportunities for African Digital Climate Smart Agriculture (March 6th, Online)
Join Mercy corps to learn about the agriculture value chains that are most at risk from climate impacts and how digital climate-smart agriculture can address these challenges.
Sustex World Tech for Impact and Climate Action
(March 16th in Dubai, United Arab Emirates)
An event to showcase technology based sustainability solutions including ReFi.
Blissness Regens Retreat (April 16-21st in Yvoir, Belgium)
A regen retreate to care for yourself and make progress on your project.
Retrospectives π
Highlighted discussions from some of the exciting ReFi events going on across the globe and through the interwebs πΈ
ReFi @ Davos πͺ
Alexey Shadrin from Evercity shared his insights from last month's World Economic Forum in Davos: Blockchain is changing the way we fight for sustainability.
Great work by @evercityeco on their Takeaways from Davos: Blockchain is changing the way we fight for #sustainability in @Cointelegraph. Really good synopsis of what is happening in #ReFi and #ClimateAction https://t.co/PWt3bOQ4mW via @cointelegraph
β Wes Geisenberger π π± (@geisenbergerwes) February 17, 2023
Add your ReFi event! ππ½
Got a ReFi, crypto, or climate event coming up and what to have it featured in the newsletter? Add yours to ReFi Spring!
ReFi Newsletters π
See other amazing newsletters from the ReFi Community.
Here are some awesome newsletters that crossed our radar this week:
Bankless DAO Newsletter Dropping NFT Community Knowledge π₯π₯
In the most recent edition of the Bankless Newsletter, there are some intresting tips that can be applied to the ReFi community...
Web3 for Good Newsletter π°
The latest Web3 for Good newsletter by Abeera & Sam highlighted the launch of Mercy Corps Crypto for Good Fund II.
JUST LAUNCHED!
β Mercy Corps Ventures (@MCSocialVenture) February 14, 2023
Join our #CryptoForGood Fund.
Offering $1 million in grant funding to startups to pilot scalable #Web3 solutions that can drive financial inclusion and climate resilience in emerging markets globally.
APPLY NOWhttps://t.co/sgLb9SYXTh pic.twitter.com/fnf6hDaHR1
Thank you! π€©
For being a part of the ever evolving movement to create a radically better future...
Have a fantastic weekend friends & we'll see you again next week π«‘
Enjoyed this newsletter?
We would be super grateful if you could help spread the word of ReFi by clicking the button below: