History
- Interest in Regen Economy
- Cosmos SDK Contract
- Invention of "ReFi" hashtag, early leadership in "Regen"
- Private token sale to around 400 participants
- Sale of credits to Microsoft
- Higher token prices
- Crypto market cycles
- Liquidity bootstrapping event
- A real and perceived disconnect between token and ecocredits
- Token started high and long descent.
- No stewardship of the token by the community
- Only high inflation
- Some work with BlockScience
- Jeff's recommendation related to Max's stewardship of econDAO
- Creation of this working group
Resources
Team and Community
- Nice group (~10-15 people on calls, ~45 signed up)
- A team with deep regen.network experience
- Individuals with a certain amount of cosmos community credibility
- Healthy, low-drama governance culture
Token and Governance
- Highly functioning token
- Active governance posture for upgrading tokenomics
- Expanding token tools with evolution of Cosmos ecosystem features
- 1M $regen in econ DAO
- Emerging polycentric governance (econdao, RF, RND, RR, BuilderDAO, GrowthDAO)
Technology and Infrastructure
- Regen Ledger
- Independent validator set with around 65 active validators
- Empty blockspace with low fees
- Low network activity
- Abstraction for ecocredits and data storage
- Cosmwasm on the way and DAODAO support promised
- Data / gov / group module
- Eco credit / market module
Credits and Funding
- Pipeline of biodiversity credits
- Few sources of funding (incl. donations on Gitcoin)
- Background and pipeline of soil carbon credits
Partnerships and Engagement
- Scientific peer review system
- Interest to use the ledger from different parties
- CSenDAOment Program
- Engagement with multiple actors on use-cases within the network
- Partnerships with indigenous orgs
- Requests from UNDP