Decentralized Environmental Offsets NFTs (Avano DAO)

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

NEFERTI

Climate Action SIG

Other Orgs working on IOT study

https://alpha.dataunion.app/

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.

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