Introduction
Akorn DAO is a proposal for a project in Hyperledger labs. Hyperledger labs is an open source code community with a low barrier to entry. Any and all are welcome to join and contribute to the lab. Akorn DAO is a creating a regenerative NFT marketplace (DAO managed) for incentivizing actions that increase and maintain native ecosystems (ie. tree planting). Our platform aims to create decentralized methodologies for the creation of environmental offsets while being blockchain agnostic. We aim to work with neferti (NEFERTI) as well as the climate action and accounting special interest group (Climate Action SIG) during the Hyperledger Challenge 2022 to incorporate tools from Hyperledger into the creation of this open source platform.
We aim to create a crowdfunding mechanism to support any entity with the initial funding necessary to implement that action (such as tree planting). Gitcoin can provide an open source framework for the creation of this platform (https://github.com/gitcoinco). After a project achieves the crowdfunding cap, NFTs are minted tied to the project supported. These NFTs are able to be resold in the NFT marketplace. This marketplace and the NFT contracts would be a mixture of NEFERTI and Rarible (https://github.com/rarible). Proposed oracles for dynamically updating the NFTs are Chainlink (https://github.com/shambadynamic/cosmos-chainlink-oracle) and Ceramic (https://github.com/ceramicnetwork).
The data for measuring and verifying the NFTs as well as the benefits from them will come from satellite imagery, smart technology IOT devices, and georeferenced imagery from boots on the ground. For satellite imagery data we aim to tap into the API that TerraMatch (https://www.terramatch.org/) is creating. This API will be able to tap into data from Resource Watch (https://resourcewatch.org/) as well as the Global Forest Watch (https://www.globalforestwatch.org/). For IOT sensors, we are working on a research and development project to become a partner organization with Helium (https://github.com/helium). We have yet to identify an open source codeset for georeferenced imagery data collection.
For data analysis methodologies we aim to tap into the most credible codes for ecosystem service valuation. This includes what the Climate Action SIG has developed as well as the InVEST toolset from Stanford (https://naturalcapitalproject.stanford.edu/software/invest).
Once we have developed the Akorn DAO marketplace we will create a minting protocol. This protocol would be able to integrate with existing NFT marketplaces so that these marketplaces as well can provide support to regenerative actions. Instead of creating a wallet we will integrate existing wallets to this marketplace such as Metamask.
Links to materials related to Akorn DAO can be found here: https://linktr.ee/AkornMarketplace
Scope
The scope of this working group is to establish the codebase for this marketplace. This working group is not in charge of marketing or community management of this platform.
The people in this working group will become part of Akorn DAO and participate in the decentralized governance of this platform.
Work Products
The anticipated initial work products will include (but is not limited to):
The integration of the codebases highlighted above for the creation of the ideas expressed in the introduction as well as related materials from the Linktree.
Work in collaboration to create a proposal for the Hyperledger Challenge 2022
Complete work on the Helium case study to become a trusted organization for the implementation of IOT devices related to their network and the reselling of that data in the Ocean Protocol data marketplace.
Create a whitepaper for the Akorn DAO based upon the ideas presented in the Akorn wiki https://akorndao.gitbook.io/akorn/
Collaborators (other groups)
This working group will collaborate with other Hyperledger working groups, the TSC, Linux Foundation staff, and the project maintainers. These include:
Hyperledger
Other Orgs working on IOT study
https://twitter.com/AthenaEquity
Other Orgs
Interested Parties
The following individuals have already expressed an interest in joining this working group, and we hope they will become contributors over the first year:
List of interested parties (listed with their consent), including name, association, and optionally email addresses.
Name | Company | Email AddressT.R. Price |
T.R. Price Marcos Da Silva Victor Cucos | Akorn DAO Independent Independent |
Proposed Chair
The following individual has volunteered to serve as the initial chair for the working group:
The contact person for this project will be T.R. Price. Their contact information is akornmarketplace@gmail.com and their Discord handle is Terexitarius#4750
Our team has worked on this project for the last 4 months together.
Reviewed by
- Arnaud Le Hors
- Baohua Yang
- Binh Nguyen
- Christopher Ferris
- Dan Middleton
- Hart Montgomery
- Kelly Olson
- Mark Wagner
- Mic Bowman
- Nathan George
- Silas Davis
14 Comments
Si Chen
This is an interesting project. Thank you for sharing it. I have a few questions:
Terexitarious
Si Chen
Very interesting. So:
Is the NFT then the work of an artist attached to the measured results from your trees? Do you envision the two to work together, so more trees would cause a digital art to look different?
Would you sell the attached NFT at a premium, so you could pay the artist the value of their work and then get some additional value for the trees?
What if the trees are cut down later or die out? Would that also show up in the NFT? Would that cause the NFT to lose value?
Do you plan on following any of the carbon offset standards to verify the climate impact?
Terexitarious
1: Exactly both art and the regenerative action (not necessarily trees can be any regenerative action)
A: Would like to incorporate Async.art and other ways to have the data influence the art presented.
2: Royalties from the NFT would be transferred to the regenerative organization, artist and the DAO. Not necessarily selling at a premium but knowing that the cost the person sells the NFT at is tied to those royalty distributions.
3: If the regenerative action no longer is producing benefits (ie. the tree is cut down) the benefits for that NFT stop accruing. There could be a loss in value for that NFT at that point but it has the data of the benefits and the value of those embedded in it.
4: It is up to each of the individual projects to decide on whether or not to become verified for impact by voluntary offset intermediaries (Verra). If they do the NFT can then update to portray that and be turned into other tokens (such as the Base Carbon Tonne- BCT https://coinmarketcap.com/currencies/toucan-protocol-base-carbon-tonne/)
Si Chen
So what will be the standard for project eligibility?
Terexitarious
Any project, anywhere could be part of this platform. It is the data collection and analysis methodologies that would be standardized. Data collection being done from satellite, IOT, and georeferenced imagery and then analysis through standardized data analysis techniques (starting with an initial codebase that has been heavily verified by the scientific community, InVEST). However a project can only propose one project at a time to get funding. That project needs to be measured and verified that the action has been done before it will be able to propose more actions that it would like funding for.
Si Chen
I’ve heard of InVEST before but don’t know too much about it. What can it verify? For example could it tell the difference between forest and savannah, ages and types of trees, amount of biodiversity vs monoculture?
Will the projects on your platform need to satisfy some initial criteria, for example to make sure they are not deforesting existing forests?
Also just curious about why you’d create a new NFT platform instead of work with an existing one such as Opensea?
Deval Pandya
Very cool project. I would like to mention moja.global, another Linux Foundation project that would be a great fit for MRV part of the project. Its an OSS for MRV related to AFOLU and currently used by national agencies to report GHG as part of UNFCCC commitments https://github.com/moja-global
Terexitarious
Can you think of any other tool sets we should incorporate? Deval, Si Chen, and others interested would you be willing to cocreate the Hyperledger Challenge Proposal?
Deval Pandya
Happy to help where I can. Lot of learning ahead !
Yi Yuan
Hello, can you please share link for code repo as it is Hyperledger lab project?
BTW, is there any possibly for this project running on any of existing NFT implementation within Hyperledger such as https://github.com/hyperledger/fabric-samples/tree/main/token-erc-721 ?
Terexitarious
HI Deval Pandyathanks I'll be working on the application in the coming weeks and will put a link to the working doc here. Yi Yuanit would be great to utilize existing codebases for the proposal. Do any others come to mind that might be good for this project? Our repo is here: https://github.com/TerexitariusStomp/Akorn There is not much in there yet besides our wiki.
Yi Yuan
hi Terexitarious, as far as I know, https://github.com/hyperledger-labs/hyperledger-labs.github.io most labs projects has PR and repo. for ex:
https://github.com/hyperledger-labs/hyperledger-labs.github.io/pull/185
https://github.com/hyperledger-labs/PerformanceSandBox
to be honest, I find the repo https://github.com/TerexitariusStomp/Akorn yesterday after reading this page, and do further information search. but ... I as I didn't find it hyperledger labs. it's a little bit confusing for me.
Terexitarious
HI all, created a proposal for the ideate challenge would be great to get feedback: Decentralized Environmental Offsets NFTs (Avano DAO)
In terms of the repo Yi Yuan will fix this in the coming days, thanks for showing the steps.