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From YouTube: Topl-ing the World: Financial Innovation for Improved Impact - Chris Georgen - Selva (Track 2)
Description
Topl-ing the World: Financial Innovation for Improved Impact presented by Erin Murphy and Chris Georgen at Sustainable Blockchain Summit LATAM 2022 - https://sbs.tech/
A
A
Something
that's
just
done
out
of,
like
yeshi
budgets
and
marketing
budgets
into
something
that
is
profitable
into
something
that
has
incentive
mechanisms
into
something
that
can
really
grow
to
be
as
large
as
it
needs
to
be.
In
order
to
address
the
scale
of
the
problems
that
we're
facing
the
way
that
we
think
about
it
is,
can
we
create
a
flywheel
effect
so
that
every
time
you
try
to
do
an
impact
initiative,
you
don't
have
to
put
fresh
money
in.
A
Wouldn't
it
be
amazing
if
you
could
earn
profits
on
your
impact
initiatives
to
then
fund
your
next
round
of
impact
and
just
kind
of
grow
that
virtuous
cycle,
and
that's
really
what
topple
is
all
about
and
that's
what
we're
going
to
be
brainstorming
a
little
bit
on
today,
so
270
billion
dollars?
Why
do
we
have
this
perspective?
That
270
billion
dollars
feels
like
a
really
big
number?
A
A
270
billion
dollars
would
put
us
you
know
about
here,
actually,
where
around
like,
where
cryptocurrency
different
coin
Mark
market
caps
are,
if
we
think
of
global
equities,
if
we
think
of
that,
if
we
think
of
Commodities
we're
off-bike
orders
and
Orders
of
magnitude,
and
this
is
the
size
that
we're
going
to
need
to
get
to
if
we're
able
to
successfully
solve
the
climate
crisis.
So
it's
about
scale
it's
about
incentivizing
people
to
be
able
to
go
further,
and
for
us
it's
not
only
about
saying
hey.
A
Can
we
increase
the
size
of
the
carbon
markets?
But
what
we're
going
to
be
talking
about
today
are
what
other
markets
can
we
be
thinking
about?
There's
a
lot
Beyond
carbon
and
there's
a
lot
of
amazing
people
that
we've
had
a
chance
to
talk
to
already
today
that
are
thinking
about
tokenizing
or
productizing,
all
sorts
of
different
biodiversity
or
approach
to
the
water
cycle,
or
just
all
these
other
environmental
areas,
Beyond
carbon,
but
we
neglect
those.
A
We
don't
have
markets
for
those
and
we
just
kind
of
like
relegate
them
to
the
world
of
co-benefits
and
they're
just
kind
of
off
to
the
side.
They're
not
that
important,
we
think
they're
very
important
and
we
think
blockchain
can
really
enable
a
transformation
there.
So
what
we're
going
to
be
doing
today
is
we're
going
to
be
thinking
bigger,
we're
going
to
be
thinking
bigger
both
in
terms
of
carbon
markets
and
incentives
there,
but
we're
also
going
to
thinking
bigger
in
terms
of
what
else
can
we
tokenize?
What
else
can
we
incentivize?
A
What
else
can
we
create
markets
around
and
that's
what
we
have
these?
You
know
these
four
different
questions
to
to
think
about
thinking,
bigger
thinking,
more
markets
focused
and
we're
going
to
invite
everyone
here
in
a
moment
to
be
able
to
break
out,
and
we've
just
got
four
corners
of
the
room
kind
of
separated
out
for
everyone
around
these
four
questions,
the
first
one
being.
A
How
can
the
web
3
space
and
web3
Technologies
be
utilized
to
access
increase
access
to
carbon
credits,
tokenized
impact
because
I
don't
know
about
the
rest
of
you,
but
the
primary
way
I
know
of
to
access
carbon
credits
is
I
can
offset
my
flight
when
I
book
an
airline
ticket
and
really
everything
else,
is
really
really
hard,
not
very
accessible
for
retail
and
consumers,
even
if
we
might
really
be
interested
in
that.
So
how
can
we
increase
access?
The
second
question
is:
how
can
blockchain
technology
be
used
to
enable
participation
on
the
other
side?
A
You
know
it's
great.
When
everyone
comes
together
and
say,
like
hey,
we
have
Solutions
hey.
We
want
to
help
it's
really
important
to
understand
local
context
really
understand.
You
know
those
people
that
are
most
on
the
ground
affected
by
you
know
these
projects
and
what's
happening.
So
how
can
we
increase
participation?
How
can
we
increase
the
potential
for
decision
making
on
the
ground
in
local
communities,
especially
in
the
global
South?
Third
question:
you
know
what
are
some
of
the
supporting
evidence.
A
What
are
some
of
the
claims
with
some
of
the
data
that
we
might
need
to
tokenize
positive
impact,
Beyond
carbon?
You
know,
there's
all
sorts
of
wonderful
carbon
methodologies,
but
the
methodologies
and
the
data
that
we
want
or
need
for
other
areas
of
impact,
very,
very
nascent,
so
probably
a
lot
of
thought
and
a
lot
of
discovery
that
can
be
there
and
the
final
question
and
apologies.
This
one
is
really
really
long,
but
in
you
know,
in
carbon
we
have
this
idea.
That's
pretty
easy
to
grab
our
heads
around
right.
A
We
have
outcomes
of
projects
and
we
have
outputs
and
it's
very
easy
to
conflate
those
things
together,
but
it's
important
to
keep
them
separate.
We
think
of
an
output.
That's
like
the
most
immediate,
tangible
result
of
a
project,
so
in
reforestation
work,
the
output
would
be
the
trees
planted
and
then
you'd
have
a
primary
outcome
of
carbon
being
captured
in
a
secondary
outcome
of
you
know:
global
warming
being
avoided.
A
How
can
we
think
about
how
blockchain
technology
and
tokenization
can
make
those
relationships
and
those
Cycles
more
clear?
You
know:
can
we
tokenize
output
separately
from
outcomes?
Do
we
do
it
together?
Do
we
link
them
via
Smart
contracts?
What
sort
of
you
know
exciting
mechanisms?
Can
we
come
up
with
around
that
particular
idea
and
dichotomy
between
outputs
and
outcomes?
So
those
are
the
four
different
questions
just
based
on.
A
You
know
your
own
experience,
your
own
projects
that
you
might
be
and
hopefully
are
working
on
in
the
space
we
have
facilitators
for
all
of
them
and
then
we're
going
to
maybe
try
to
find
some
time
at
the
end
to
come
together
show
thoughts.
We
were
running
around
picking
up
big
pieces
of
paper,
so
we
can
write
down
and
share
everything.
But
those
are
the
four
questions,
and
this
is
what
we're
going
to
be
chatting
about
over
the
next
30
35
minutes.
So
I
will
let
you
get
to
it.