$EARTH - Open Civics
{"type": "project", "title": "$EARTH - Open Civics", "logoImg": "bafkreihakyhafehxalsaf2ujesz5bp64kp6hurzd2elfiy235wa6k6fpvy", "website": "https://solarpunkdao.earth", "bannerImg": "bafkreiehmy4djazgmfqqjeuxbefq3gmg663nr3lixivnoiym7gpmb6xj7a", "createdAt": 1713172222084, "userGithub": "peacefulprogress25", "credentials": {}, "description": "What is $Earth ?\n\nIt is a digital currency backed purely by climate solutions, ecosystem services and solarpunk values.\n\n**Our goal is to** -\n\n1. Mobilize over $ 5 Trillion/yr for the next 30 yrs to provide primary finance to projects in clean energy, regenerative agriculture, clean transport , ecosystem conservation and solarpunk sanctuaries that will build the necessary infrastructure for a net zero world.\n\n2. Appropriately value natural ecosystems and their services while creating a monetary system that is backed by climate/ecology positive projects.\n\n3. Seed the Solarpunk paradigm\n\n\n**$Earth has been designed to make this happen by** -\n\n1. Incentivizing users to purge their petro $$$ to mint $Earth directly at the protocol and use those $$$ to fund projects in renewables, permaculture, Ev charging stations, electric buses/trains , ecosystem conservation/regeneration, agroforestry, energy storage, eco-villages etc\n\n2. Inherently ascribing value to ecosystem services created by the projects we fund, by selling $Earth at a premium to the $ value of projects in the neoliberal world. $Earth acts as a unit of account for the $ value of the projects in our treasury + potential yields these projects will generate and the positive externalities created by these projects ( healthy soil, carbon sequestration, clean air, biodiversity etc)\n\n3. Creating utility for $Earth by creating a network of regenerative/solarpunk merchants who are willing to provide their goods and services in exchange of $Earth.\n\nFor our pilot round, $Earth treasury has funded the following projects -\n\n1. 69 kWp Solar Energy in Mexico from Helios\n\n2. Coffee production in Brazil from EthicHub\n\n3. Eco village in Lisbon from Traditional Dream Factory\n\nYou can get more information on these projects here - https://solarpunkdao.earth/projects\n\n$EARTH is designed to empower the transition from extractive to regenerative socio-economic framework where we are perpetually incentivizing capital formation (tokenomics) and allocation (QV via $EARTH holders) for projects directly solving climate change. \n\nOnce these projects are funded we will be experimenting with various governance mechanisms to see how $EARTH holders will govern these assets. We want to build a future where assets catering to our core needs are stewarded by the commons rather than nation states or corporates. ", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "solarpunkdao"}