{"title": "ReCommon", "logoImg": "bafkreifodjbnlw7bypyxutfxzcpjvyj3t7ezm6apyt7uyrthn4iwycbame", "website": "https://recommon.land", "bannerImg": "bafybeihvoozwtk7udvxfvuk7ymbagovp6y3niawovj5z4kmngt2s4x5epa", "createdAt": 1673481938990, "credentials": {}, "description": "☀️ TLDR ☀️\n\n- ReCommon is facilitating the emergence of a planetary network of sovereign, interconnected regenerative bioregional communities.\n\n- The Commons Credit is a whole-systems accounting and valuation methodology and investment vehicle for community-held land.\n\n- ReCommon is the global DAO that weaves together the various place-based Bioregional Nodes with RegenCLT governance.\n\n- All funds raised via Gitcoin go towards increasing our operational capacity and implementing ReCommon systems into real-world, regenerative community development projects.\n\n➡️ read our full litepaper and learn more at www.recommon.land\n\n🌱 SINCE GR15 WE HAVE WE HAVE... 🌱\n\n- Continued the development of the Commons Credit whole-systems accounting methodology, bringing together a diverse group of stakeholders and experts for our Commons Credit Working Group\n\n- Participated in ReFi Barichara with the Regenerate Barichara Fund and an international group of Regens. Out of this have grown ongoing conversations with the Earth Regenerators and other partners about utilizing the Commons Credit as a funding and accounting mechanism for their bio-regional regeneration efforts\n\n- Initiated conversations with communities in Colorado around the formation of a Bioregional Node that will act as the flagship and real-world laboratory for ReCommon’s innovative community land tenure systems.\n\n- Integrated our learnings from 2022 to prepare for a big 2023, including initiating a land-based project in the American West. 🏔\n\n\n✨ OVERVIEW ✨\n\nAt ReCommon, our mission is to facilitate the reclamation and stewardship of common land by supporting the emergence of resilient place-based communities and regenerative economies. To achieve this, we leverage regenerative financial infrastructure and innovative governance frameworks to secure communally stewarded lands for both current and future generations to thrive on.\n\nReCommon draws inspiration from three foundational pillars: the Community Land Trust model of land tenure, ecological design, and distributed technologies. When woven together, these three pillars of thought pose a viable alternative to the current extractive paradigm of land use and ownership that is destroying the ecological systems we need to survive and thrive here on planet Earth.\n\nThis particular model of land tenure is both new and old, a mix of time-honored principles and modern wisdom. Our organization is a catalyst for both global and local communities to rise to the unique challenges of our times and emerge into a new era of abundance and connectedness.\n\n\"The story of land is older than the story of man. Land came first; no man created it. Every society, large or small, must devise ways in which its members will share this gift. This is allocation. Members of the society must also determine under what conditions the land will be passed on to the next generation. This is continuity. And they must decide if, when, and how it may be traded with others. This is exchange.\" - Robert Swann\n\nReCommon is creating an equitable land tenure framework for democratically managing the intricately connected processes of allocation, continuity, and exchange. It's a scalable, adaptable model that enables people to balance land wealth in private control with the needs of the community and the Earth for regenerative, perpetual stewardship of land.\n\n⛰ THE COMMONS CREDIT ⛰\n\nThe Commons Credit is a whole-systems accounting and valuation methodology for community-held land.\n\nIt serves two primary functions. The first is to properly value any given piece of land, including the ecosystem health, economic capacity, housing, food production, etc. The second is to create a way for ethical investors to finance the purchase of land and get a return on their investment while keeping the ownership within a perpetual trust and stewardship within the community.\n\nThose who invest in ‘Commons Credits’ are considered Patrons, representing 20 percent of voting power on both the global ReCommon level and on the Bioregional Node level, depending on the origination of the commons credit.\n\nThe Commons Credit serves as the digital record of a piece of land that is in the ReCommon network. When a piece of land enters a Bioregional Node’s stewardship, a Commons Credit is created as the digital representation of the value of that land at that moment and is forever tethered to that piece of land.\n\nAs regenerative practices and community infrastructure are put into place, they increase the wholistic value of the land, which is concurrently recorded and updated in the commons credit, using a smart-contract NFT such as Charged Particles. This ongoing assessment is the whole-systems valuation methodology, and as MRV (measurement, recording, and verification) tools improve over time, the rate at which this assessment happens will trend towards nearly live updates.\n\nThe Commons Credit becomes a way to finance community-centered land regeneration by serving as the fertile middle ground between philanthropic donation and conventional real estate investment.\n\nThe Patron who purchases a commons credit for a particular piece of land doesn’t own that land, which is owned by the bioregional node’s trust, but they are included in both governance and upside in the appreciation of the value of that land.\n\nThe value of the commons credit tracks with the holistic evaluation of that piece of land, which will increase through regenerative use and sustainable development. When the land value goes up, it is reflected in the Commons Credit, and the Patron (the holder of the Commons Credit) can choose to sell it on the open market for profit.\n\n🏛 GOVERNANCE MODEL 🏛\n\nAt the core of our work, we create tools to reclaim, protect, and regenerate land through the use of the Regenerative Community Land Trust (RegenCLT) model of land tenure and governance.\n\nThe RegenCLT model is designed to lower barriers to entry for communities seeking to acquire land through purchase or gift and to develop a permaculture master plan for the site. This place-based plan takes into account the current state of the land, its future uses, its connection to the local and regional economy and community, and the global community at large.\n\nThe RegenCLT model is uniquely capable of acquiring all types of land, returning it to the commons, and stewarding it sustainably for future generations.\n\nGovernance power is shifted from an elected board of directors to the community of members directly, similar to the distributed governance of digital communities like DAOs.\n\nWe combine a ‘one-person, one-vote' system with the ‘balanced bucket' structure used by classic CLT boards. The result is that each person has a vote, and each vote goes through a weighted bucket system that directly corresponds to how that voter is connected with the land or project in question.\n\nThese are the 5 voting buckets, each with equal categorical weight:\n- General Members (20%) - people that are members but don’t belong to any delineated subgroup\n- Stewards (20%) - leaseholders of land in trust in the ReCommon network\n- Elders (20%) - rights of nature representatives and holders of indigenous wisdom\n- Patrons (20%) - financial investors and holders of Commons Credits\n- Partners (20%) - partner organizations that provide resources and support in various forms\n\nReCommon follows this governance structure on a global level, and as such anyone can participate. However, each Bioregional Node also follows this structure on a local level.\n\nTo be a member of a Bioregional Node and participate in governance, one must live in that particular bioregion. This leverages the network effects that come from global connectivity while honoring the specificity of place and putting local decision-making first.\n\nAdditionally, Bioregional Nodes may choose to adapt and modify this 5 bucket model to the unique needs and characteristics of their bioregional community.\n\n🌲 WHAT’S A COMMUNITY LAND TRUST? 🏘\n\nAll community land trusts strike the balance between project organizer, developer, and steward. Fortunately enough, the community land trust is a community development tool of uncommon flexibility that can accommodate a wide variety of land uses and development projects. Over the decades since the idea first came to fruition, community land trusts have been pushing the limits of what is possible with this governance framework.\n\nAt ReCommon we are continuing the evolution of the community land trust, integrating decentralized governance and regenerative cryptoeconomics to improve upon existing models.\n\nThe community land trust movement started with radical roots and was part of the ‘back to the land and village’ revival movements of the 1960s that pursued justice, equality, freedom, and resilient local communities.\n\nHowever, in recent years the movement has taken a turn toward affordable low-income housing. This work is undoubtedly a critical component, but alone it’s not enough to address the complexity of the systemic problems of our time. In many ways, ReCommon embodies a return to the spirit found in the roots of the community land trust movement.\n\n➡️ join us and learn more at www.recommon.land\n\n🌱 🙌 ~ THANKS FOR YOUR SUPPORT ~ 🙌 🌱\n", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "regenclt"}