Scoping Call 4-18-22 (notes)

Overview

<aside> 💚 GOAL: develop a “universal impact calculator” & implement on the Chatafisha marketplace

GOAL: “create a transparent and efficient ecosystem for carbon offsetting and waste management”

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How do we do this?

“We start by clearly defining the type of impact we're interested in, whether it's environmental, social, or economic.”

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Table of Contents

Proposed Type Definitions

*Fields, types, and schemas are defined explicitly and without redundancy in Core Types & Schemas.

Impact Claims

<aside> ♻️ Six (6) types of impact claims are outlined below.

GOAL: "set specific and verifiable metrics tailored to each impact type”. GOAL: “metadata contains sufficient details about the carbon offset project such as location and verification status,”

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Environmental

Social

Economic

Community Development

Sustainability Practices

“Positive Change Rating”

Impact Evaluation

<aside> 🧐 Two (2) types of Impact Evaluation Methods are outlined below.

1. TPV requires an Impact Claim as input, so it can reference it what is being verified.
2. Carbon Issuance requires a TPV as input, but could be merged into TPV if the same entity is both verifying impact and issuing carbon credits.

GOAL: "NFTs as Carbon Credits: Each NFT would represent the amount of waste that has been recycled, processed and verified by a trusted third-party, in this case Regen Network. The carbon offset value of the recycling effort (as calculated by a recognized methodology) would be the underlying value of the NFT.”

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Third-Party Verification (TPV)

Carbon Issuance

*Note: Carbon Issuance can be merged with TPV if being assigned by the same party.