27min chapter

The Blockchain Socialist cover image

Sovereign Nature Initiative : How to ReFi without carbon credits with Andrea Leiter (CER)

The Blockchain Socialist

CHAPTER

Exploring the Sovereign Nature Initiative and Decentralized Ecological Economics

The chapter covers the formation of the Sovereign Nature Initiative (SNI) project and its focus on using the token economy to support ecological restoration efforts. SNI collaborates with partners like Ocean Protocol to fund hackathons for biodiversity steward projects and explores the concept of transforming biodiversity data into digital products like NFTs to raise funds for conservation projects. The discussion also delves into the Deep Protocol, nature finance, ethical concerns around carbon credits, and the shift towards a Decentralized Ecological Economics Protocol to incentivize data utilization for biodiversity conservation.

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