Thread by @mr_adrianxyz

Last week, I outlined how crypto could help us with the problems of the carbon market. Today I would like to introduce you to some of the key web3 players 👇 1/13

Most people probably remember the "Bitcoin consumes a lot of electricity and therefore emits a lot of CO2" discussion from last year. For days, it was Elon Musk's favourite topic on Twitter. 🐦 2/13

And it's true: Bitcoin and Ethereum are energy munching and carbon farting monsters – until they rely on proof-of-stake consensus algorithms or others, nothing will change. ⚡💨 3/13

But the discussion has left its mark. More than that, it was climactic.
It has given a boost to those concerned with the climatic benefits and shortcomings of blockchain. ⛓️ ♻️ 4/13

Alongside the emergence of energy-efficient blockchains such as @CeloOrg, many #Web3 startups have emerged to address more efficient and transparent management of climate data, especially when it comes to carbon market mechanisms: 👇 5/13

💻 Data collection companies like @dClimateDAO simplify access to climate data
🛰️ Companies like @GeotreeEM or @AstralProtocol leverage satellite-data and spatial-data for validation purposes
🔢 Startups like Carbon.FYI help to calculate environmental impact. 6/13

🧑‍🤝‍🧑 💸 Collectives and DAOs like the @celoclimatecoll or the @Climate_DAO support the ecosystem and funnel investments towards impact projects.

But most of the pack operates in the carbon offset space: 7/13

🌊 @diatomdao or @MoonjellyDAO build & invest in data-driven solutions for ocean conservation.
🌾 Companies like @regen_network or @nori focus on agriculture carbon projects.
🌻 🌳 🐞 @SingleEarth1 and Rebalance.Earth work on biodiversity offsets. 8/13

🌲 @veritree_ , @OpenForest_ or Explorer.Land try to scale forestation with digital transparency and trust.

You can find more here in the amazing ecosystem maps of Climate Collective and @AkornMarket 9/13 kumu.io/climate-collec… & mindmeister.com/de/map/2145029…

The most two prominent crypto x climate cases are @ToucanProtocol and @KlimaDAO. Both have grown incredibly in a short period of time and have massively fertilized the #climate x #crypto field. 10/13

@ToucanProtocol offers a suite of modular tools and products that make it easy for others to integrate climate finance into web3 products. @KlimaDAO on the other hand is the biggest carbon token treasury with more than 18 million voluntary carbon credits under management🆙 11/13

So much attention and activism obviously beg for a name, which was quickly found: Regenerative Finance. The term is derived from Decentralized Finance #DeFi, and is meant to describe the task of creating a new regenerative financial system. @ReFiDAOist 12/13

I will go into more detail in my next post, but until then:

What are your thoughts on the #RegenerativeFinance #refi ecosystem? 13/13