Can Smart Contracts solve Global Warming?
Climate Change is a coordination issue: Many of us want to do something about it, but it's hard to coordinate to put pressure on those who can actually have an impact.
Here's how it could work: 🧵
Climate Change is a coordination issue: Many of us want to do something about it, but it's hard to coordinate to put pressure on those who can actually have an impact.
Here's how it could work: 🧵
EG, GOVERNMENTS
1. Vote
- Ppl publicly commit on the blockchain to vote the most climate-friendly candidate
- Candidates for president of national governments are independently rated on their climate stance
- That rating is fed into the chain
1. Vote
- Ppl publicly commit on the blockchain to vote the most climate-friendly candidate
- Candidates for president of national governments are independently rated on their climate stance
- That rating is fed into the chain
- Ppl receive a notification 2 days before elections on who to vote & how many others committed
- Incumbents are independently rated on how much they abide by their climate electoral promises
- That influences the recommendation of whom to vote for in other elections
- Incumbents are independently rated on how much they abide by their climate electoral promises
- That influences the recommendation of whom to vote for in other elections
2. Money
- Ppl commit $ to climate change
- That $ is automatically distributed through Smart Contracts to candidates & presidents' electoral budgets at certain predetermined dates.
- Ppl commit $ to climate change
- That $ is automatically distributed through Smart Contracts to candidates & presidents' electoral budgets at certain predetermined dates.
- The amount of $ depends on the independent rating and the % of impact that nation can have on global warming
It's a bit like what the NRA does for guns, which has been so successful, but you don't need to build an org. The Smart Contract does it for you
It's a bit like what the NRA does for guns, which has been so successful, but you don't need to build an org. The Smart Contract does it for you
EG, COMPANIES
- Companies are independently rated for their global warming efforts
- All their products are written on the blockchain
- Ppl connect their payment methods to the smart contract
- When they're about to hit a purchase for that product, they get an alert
- Companies are independently rated for their global warming efforts
- All their products are written on the blockchain
- Ppl connect their payment methods to the smart contract
- When they're about to hit a purchase for that product, they get an alert
- They get proposed an equivalent product from a brand with a better global warming record. Online, they can make the switch automatically
HOW TO FUND & KEEP UP
- Developers & those updating the lists & ratings get nominal token compensation
- Bad actors in the lists & development are weeded out through proof-of-stake. The + $ you contribute, the + your vote counts
- Developers & those updating the lists & ratings get nominal token compensation
- Bad actors in the lists & development are weeded out through proof-of-stake. The + $ you contribute, the + your vote counts
Is something along these lines doable?
Something to add?
What are its weaknesses?
Anything simpler to build?
Anybody doing something like this already?
DM if interested to build something in this space
@balajis
Something to add?
What are its weaknesses?
Anything simpler to build?
Anybody doing something like this already?
DM if interested to build something in this space
@balajis
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