RegenYield
Though without relevant technical skills I present an idea that sits at the intersection of sustainability, NFTs & DeFi. We aim to make sustainable products cheaper with yields. The NFTs are the digital representations of the sustainable product.
Project Description
It's a whitepaper and proposal to incentivize the preservation of the Earth Systems.
It tries to bridge the gap between NFTs, smart contracts and yield generation to the production and consumption of physical products / assets.
This paper aims to describe a new protocol called Regenerative Yield or RegenYield for short. The goal of this technology, governance and incentive model is to crowdfund for planet earth.
One can think of this as tokenizing the commons and adding a proof of production element to keep track of the resources used as inputs and outputs for our man-made system.
Ideally, it will utilize new social contracts between all stakeholders of a product or unit of energy being produced (& utilized in our systems) to incentivize and price the earths common assets.
At worst, it will do nothing significant in terms of re-pricing and re-aligning incentives, but it will still cause you to stop and think about your assumptions.
How it's Made
Check page 15 - however given my lack of technical knowledge it may be less than you were hoping for.
I mention and want to use ZK roll ups and Filecoin/Protocol labs to name a few.
I also give mentions of The Graph, Superfluid and Chainlink.
Scale is a very real and current problem with blockchains. Let’s not forget the soaring gas prices on Ethereum.
The more stuff that we want to push through Ethereum the more expensive and slow it will get.
However, we have innovations bubbling up left and right from Optimism to ZK roll-ups that are dubbed Layer 2 solutions.
These will allow us to move from tens of transaction per second to thousands or even hundreds of thousands.
The Zero Knowledge Proof work allows the business, government and individual entitles to still transact with a maximum privacy focus.
I recommend using IPFS and the work from Filecoin (Protocol Labs) to manage the large number of NFTs you are proposing having on chain.
Since we also do not want to keep the pricing of the commons private and in an opaque market, we could easily leverage the Graph and Chainlink for sub-graphs (APIs) and oracle prices to share the value of the network and market we are talking about globally.
