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From YouTube: Radical Transparency for Ecosystem Restoration Through NFTs - Facundo Cajén - Montaña (Main Stage)

Description

Deforestation is the main driver of forest loss, accounting for 27 % of the total. The world is packed with funds allocated to fix this humanitarian crisis, but the results are not there yet. One key reason for this is the high cost that Monitoring, Reporting, and Verification, which is needed for these projects, represent on local communities trying to reverse the impact caused by humans on our nature. This represents an issue of trust between the different parties involved. Now, we can do near real-time monitoring of protected areas to reflect the positive impact of donations to these projects. We believe that by bringing trust to the equation, we can help unlock more resources to help fund these initiatives to rebuild ecosystems faster.

Using multi-modal environmental data from field-based, satellite-based, drone-based, and genomic monitoring, our AI algorithms can examine tree cover or tree loss in an area. Later, the smart-contract channels the donations to projects that positively impact nature and issue an NFTree with our Proof-of-Care concept. This NFT will dynamically show the latest data recollected from the site (tree cover/loss, carbon predictions, wildlife camera footage, drone and satellite imagery, and more).

If I left any loose ends, you can find out more at www.gainforest.net

- Sustainable Blockchain Summit LATAM 2022