Regenerative Finance is a mission-driven movement that is leveraging blockchain technology to create financial incentives for lower carbon emissions and regenerate the environment.
1/ Regenerative finance uses blockchain technology to create financial incentives that promote inclusivity and sustainability in the rebuilding of our economies 🌱
2/ ReFi takes a long-term perspective, looking beyond short-term financial gains and considering the long-term impacts of investments on people and the planet 🌎
3/ ReFi brings awareness to how the present financial systems operate in a greedy and exploitative manner 🏦
4/ The regenerative finance market is estimated to reach a size of $1.1 trillion by 2027, growing at a CAGR of 38.5%.
5/ A recent survey found that 75% of the global population is willing to pay a premium for eco-friendly products, showing that there is strong demand for sustainable investment opportunities. ♻️
6/ In addition to addressing environmental and social issues, regenerative finance can also contribute to economic stability and resilience. By investing in local and community-driven initiatives, we can help to build more self-sufficient communities👨🌾👩🌾🧑🌾
7/ A report by the International Renewable Energy Agency (IRENA) found that green investments can create 65 million jobs 💼
In short, regenerative finance is important because it offers an alternative to the traditional financial system, which has contributed to many of the problems we face today. By prioritizing sustainability and long-term thinking, we can create a more just and sustainable world 🌳
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Layer 2 chains provide a solution for enhancing the scalability, security, and privacy of blockchain networks. As a relatively new technology, the potential of #L2 chains is vast and largely untapped.
Here's why I'm bullish🧵👇
1(a)/ An L2 chain is a layer built on top of a blockchain network (like #Ethereum), helping address the limitations of traditional, or "Layer 1," chains.
1(b)/ L2 chains work by allowing some transactions to be processed outside of the main blockchain, reducing the burden on the network and enabling faster transaction speeds.