►
Description
Permissionless eco credit class creation - a new critical tool for rapid climate action.
A
Greetings:
everybody
nice
to
see
some
of
you
good
to
see
you
Ed
and
will
your
Pawn
always
pleasure,
I
think
Gregory
your
co-host
now
Sarah
you're
up
on
the
speaker
stage
as
well,
looking
forward
to
a
neat
conversation
this
morning
or
this
afternoon,
depending
where
you
are
about
permissionless
credit
classes
and
groups,
module
embedded
in
the
regen
Ledger,
how
those
work
together
and
interact
and
make
some
magic
but
I.
Think
as
we
do.
Maybe
we
start
with
just
a
quick
update
from
the
maple
farm.
It
sounds
like
Gregory.
B
C
C
B
Always
hoped
to
kind
of
create
this
space
as
one
to
be
able
to
host,
and
maybe
even
do
some
live
work
stuff
so
that
people
can
get
out
and
engage
with
with
a
landscape
and
do
some
gardening
and
do
some
forestry,
and
so
it
was
fun
to
just
kind
of
like
get
a
glimpse
of
what
that
might
look
like
with
some
awesome
team
members.
So
it
was
really
really
fantastic.
A
Hey
I
have
a
question
just
a
land-based
question
and
I'm
just
harking
back
to
the
you
know
the
wintry
part
of
the
year,
which,
where
I
believe
you
were
the
maple,
was
flowing
or
being
prepared
and
what
what
what's
happening
in
the
landscape
now
in
this
time
of
the
year
out
in
on
the
maple
farm,
what
are
the
main?
What
are
the
maple
trees
doing
right
now?
Are
they
just
growing
and
being
happy
or
they
do
they?
What
part
of
the
cycle
are.
B
They
yeah,
you
know,
yeah,
exactly
they're,
growing
and
being
happy.
This
is
the
time
of
year
that
the
maple
trees
produce
the
bulk
of
their
energy.
So
between
I
guess,
you
know
late
May
and
mid
to
late.
July
is
the
sort
of
it
here
where
we
are
in
the
northern
hemispheres
like
Peak
solar
gain,
and
then
you
start
kind
of
edging
into
August,
August
and
there's
way
less
I
think
something
like
80
percent
of
the
energy
production
through
their
photosynthesis
is
happening
like
right
now,
so
we're
just
in
Peak
summer.
B
A
Awesome
well
maybe
pivoting
toward
regen,
Sarah
and
Gregory.
You
know
there's
clearly
some
big
big
moves.
Big
changes
on
the
horizon
for
the
region,
Network,
community
and
kind
of
some
new
chapters
about
to
be
written
in
the
history
of
regen
Network,
some
fulfillment
of
early
Visions
around
the
white
paper
and
I
know
you
want
to
pick
apart
a
couple
of
these
things
a
day
around
permissionless
credit
classes
and
in
the
groups
module
and
how
they
interact
with
each
other.
A
B
D
Yeah
sure
I
mean
whether
in
person
time
one
of
my
favorite
things
about
r
d
and
the
foundation
is
that
you
know
so.
Many
folks
from
the
team
are
either
currently
originally
from
New
England
in
Massachusetts,
and
so
it
was
just
really
fun
I'm
currently
also
in
western
Mass
right
now
about
45
minutes
from
Gregory's
maple
farm.
So
it's
just
super
awesome
to
be
able
to
just
like
hang
out
in
person
and
create
in
person,
and
it
feel
really
laid
back
and
not
have
to
get.
D
You
know
a
million
people
across
the
world
at
one
time
so
being
bioregional
even
briefly,
just
felt
super
lovely
and
Gregory's
Maple
Farm
is
just
gorgeous.
We
took
this
like
awesome
hike
up
through
the
ferns
and
to
the
top
of
the
hill
and
got
to
see
his
gnome
houses,
and
you
know
all
the
tap
lines
and
it's
just
super
fascinating
to
be
out
on
a
working
maple
farm
at
the
scale.
That
Gregory
has
so
just
super
grateful
for
our
humans.
D
Do
we
ensure
that
they
are
in
fact
living
up
to
the
quality
standards
that
corporate
buyers
and
Industry
Partners
require
and
then
simultaneously?
How
do
we,
with
the
network
itself,
really
serve
the
it's
teeny
tiny
projects,
your
community
gardens
your
you
know:
cities,
replanting
trees
on
hillsides,
your
friends
and
family.
You
know
doing
something
on
their
property.
Super
small
scale.
I
really
had
this
long-standing
tension
between
what
the
industry
wants
and
what
people
real
people
doing.
D
Real
projects
on
the
ground
want
in
order
to
be
able
to
fundraise
for
their
projects,
create
income
around
their
projects
and,
ultimately,
our
goal
has
always
been
to
incentivize
land,
stewardship
and
ecological
restoration
as
fast
and
efficiently
as
possible,
because
climate
change
is
real
and
we
need
to,
you
know,
pick
up
the
pace
of
real
world
activity
up
as
fast
as
possible.
So
holding
these
two
tensions.
We're
really
at
this
really
cool
intersection
and
I'll
probably
pass
over
to
you
to
kind
of
elaborate
a
little
bit
more
Gregory
of
just
asking
ourselves.
B
So
there's
a
pathway
to
that
and
that's
kind
of
always
been
the
vision-
is
that
in
some
ways
the
most
powerful
transformative
opportunity
from
the
region
Network
perspective
is
sort
of
the
long
tail
of
a
Grassroots
movement
of
people,
leaning
in
to
Define
their
own
ecological
agreements
and
mint
their
own
eco
eco
Credits,
based
on
you
know,
a
simple
or
complex
monitoring
of
ecological,
State
and
setting
of
goals
and
then
minting
credits
that
reflect
succeeding
at
Meeting
those
goals.
And
you
know
it's
been
a
long
with
that
said.
B
You
know
it
sort
of
sets
out
a
formal
set
of
definitions
and
approaches
for
people
to
follow,
to
generate
a
credit
that
represents
carbon
or
biodiversity
or
something
else,
and
now
we
have
this-
this
amazing
Co.
You
know
first
generation
of
credits
like
those
of
you,
maybe
who
commented
on
the
era
Brazil
credit
or
the
root
soil,
carbon
credit
or
people
who
might
be
familiar
with
the
the
carbon
plus
grasslands
credit.
B
So
there's
a
whole
generation
of
credits
that
went
through
that
framework
that
are
coming
into
or
already
have
been
in
the
marketplace,
however,
that
it
it
takes
literally
like
six
months
to
a
year.
You
know
in
the
normal
so
rewind
in
the
normal
course
of
carbon
credit
markets.
It
often
takes
to
generate
a
new
methodology.
B
B
Because
again,
the
deeper
Theory
here
is
that
we
need
localized
place-based,
Grassroots
engagement,
around
Eco,
crediting
and
that's
the
revolution
is
more
and
more
people
more
and
more
communities,
centering
value
exchange
on
ecological
Health,
deeply
right.
So
so.
The
next
phase
in
region
Network
and
the
next
phase
for
region
Ledger,
is
what
we
believe
at
r
d
and
what
we're
about
to
do
a
commonwealth
proposal
on
and
what
we
want
to
have.
B
Dialogue
and
engagement
with-
and
this
is
sort
of
the
first
big
public
conversation
is
to
shift
the
parameter
which
is
on
region
Ledger
to
permissionless.
Instead
of
having,
instead
of
forcing
credit,
the
credit
class
Creator,
which
is
an
on-chain
entity
which
has
certain
rights
to
access
the
functionality
region
ledger
to
go
through
all
token
holder
vote
to
be
listed,
which
we
felt
like
was
an
appropriate
friction
to
start
so
that
we
could
really
have
a
depth
of
Engagement
and
capacity
building.
B
We
now
feel
like
it's
time
to
unlock
that
and
make
it
possible
so
that
anyone
anywhere
in
the
world
can
use
the
tools
of
minting
Eco
credits,
defining
your
own
class
of
credits
and
executing
it
to
just
unlock
that,
while
also
maintaining
and
growing
the
sort
of
focus
on
what
we're
calling
regen
registry,
which
is
the
the
family
of
credits
that
are
going
through
a
program.
That's
curated
and
led
by
the
core
team
teams.
B
In
sort
of
the
region,
Network
community
and
also
continue
to
decentralize
that-
and
so
that's
what
we're
talking
right
now
about
is
unlocking
the
the
the
technology
so
that
anybody
anywhere
can
go
roll
up
and
start
minting
credits,
and
so
some
of
the
things
that
we
did,
we
felt
needed
to
be
true.
In
order
for
that
to
happen
responsibly
is
things
like
having
a
toggle
switch
on
app.region.network
in
the
marketplace,
so
you
can
see
credits
that
are
that
were
minted
through
the
region
registry
program.
B
Only
right
or
you
can
see
all
the
community
credits
so
that
you
can
just
give
buyers
an
easy
filter,
for
you
know
one
way
of
determining
how
much
time
and
effort
and
like
really
who
the
audience
is.
You
know
right
now.
Any
credit
that
goes
through
the
registered
program
is
kind
of
considered
to
be
going
after
kind
of
in
like
institutional
credibility,
right
that
that
there's
rigor
and
transparency
and
a
bulk
of
scientific
evidence
behind
any
of
the
credits.
That's
what
the
pro
program
is
designed
to
enforce.
B
But
as
we
said
you
don't,
we
don't
want
to
be
sort
of
dismissive
of
community
credits,
either
because
at
least
in
my
mind,
going
out
and
snapping
a
couple,
smartphone
photos
of
tree
planting
and
using
a
web
of
trust
like
a
community
web
of
trust
to
funnel.
In
you
know,
resources
to
make
that
happen
and
to
start
badging
and
certifying
Community.
Action
is
also
incredibly
important
right
and
it's
really
important
to
notice
that
there's
a
pathway
between
the
two.
B
This
gives
people
projects
an
opportunity
to
be
able
to
start
generating
Eco
credit,
Eco
credits
and
sort
of
bringing
them
into
the
market
and
seeing
what
and
how
people
interact
with
it.
If
there's
demand,
if
there's
excitement,
innovate
it
a
little
bit
and
then
start
to
bring
it
into
the
region
registry
program
or
potentially
other
registry
programs
that
may
start
to
be
built
on
top
of
region
networks
tools.
B
So
I've
been
talking
real
fast,
so
I'm
going
to
pause
there
and
see
if,
if
Sarah,
if
you
have
anything
to
add
if
you've
got,
questions
and
I
also
want
to
note
that
there's
some
great
folks
out
in
the
audience.
So
anybody
who
wants
to
has
a
question
just
raise
your
hand,
and
it
will
definitely
bring
you
up
because
there's
definitely
you
know,
although
there's
only
a
few
of
us
on
the
call,
there's
a
high
density
of
people
who
are
already
using
regen
or
deep
deeply
in
the
community
or
who
are
adjacent.
A
Hey
Gregor,
I
have
a
question.
You
know
it's
a
lot
of
the
Legacy
voluntary
credit
Market
or
bar
three
carbon
Market,
sorry
Gatekeepers.
If
you
will
have
like
built
their
brand
on,
you
know,
centralized
vetting,
methodicals,
relatively
slow
and
relatively
inexpensive,
but
you
know,
theoretically,
that
is
at
least
produced
a
veneer
of
trust
with
corporate
buyers
and
other
groups.
A
You
know,
maybe
more
recently,
some
holes
in
that
with
a
variety
of
publication
or
Publications
and
articles
that
have
come
out
that
have
kind
of
put
White
Hot
Light
under
some
of
the
credits
that
have
been
approved.
But
what's
the
what's
from
your
perspective?
What's
the
gamble
here
is
the
gamble
that
speed
and
decentralization
and
placing
trust
in
local
communities
to
generate
these
credits
is?
Is
the
right
and
necessary
place
even
at
the
risk
of
you
know,
you
know
some
credits
may
not
have
some
level
of
the
you
know.
A
B
My
my
dear
friend,
Joseph
is
in
the
audience
and
Joseph
may
have
friendly
disagreements
and,
if
you'd
like
top
up
and
voice
them
at
any
moment,
please
do
so.
Okay,
this
is
not
about
the
suits
Grassroots
climate
action
is
not
about
getting
permission
from
people
right.
That's
so
I,
just
I
just
want
to
make
that
clear.
B
This
is
about
the
the
the
hypothesis
here
is
that
there's
the
same
set
of
tools
and
transparency
are
needed
by
multiple
sectors
of
society
right,
so
the
exact
same
tools
to
generate
a
an
Institutional
credit
where
institutions
can
delegate
to
whom
they're
giving
like
trust
to
whether
that's
a
ISO
certified
auditor
or
it's
a
specific
registry
institution.
These
are
credentials
that
can
live
on
chain
and
region.
Registry
has
built
sort
of
a
graph
of
a
process.
B
However,
we
also
feel
like
I
personally
feel,
like
there's
a
there's,
a
need
for
community-based
action
and
wisdom
and
intelligence
and
there's
a
need
for
communities,
for
instance,
taking
a
step
back.
What
communities
are
responsible
at
this
moment
for
stewarding
and
preserving
the
vast
majority
of
intact
biodiversity
and
standing
living
carbon?
B
That
would
be
indigenous
people
last
time.
I
checked,
except
for
sort
of
you
know:
random
sort
of
advisors.
Those
same
indigenous
people
have
zero
voice
in
the
creation
of
legitimacy
and
credibility
in
the
current
crediting
process,
just
none
they're,
not
the
owner
operators
of
any
of
the
major
registry
systems
that
has
to
change.
B
However,
we
also
acknowledge
that
forcing
them
to
always
use
a
system
that
r
d
is
stewarding
and
the
social
capital
and
social
graph
and
entrenched
interests
that
even
we
as
a
startup
start
to
build
is
hypocritical.
You
have
to
give
people
the
ability
to
program
in
their
own
network
of
trust
in
their
own
systems,
whether
those
people
are
institutions,
it
might
be
established
incumbent
institutions
or
whether
those
people
are.
You
know
a
community
gardening
group
or
whether
those
people
are
a
sovereign,
indigenous
Nation,
so
the
basic
tool.
B
B
It's
a
shift
from
that
definition
of
registry
to
a
definition
of
registry
as
a
process
registry
is
a
verb
registry
as
a
a
system
where
a
group
of
humans
comes
together
to
define
a
protocol
that
allows
them
to
build
consensus
about
ecological
health
and
then
generate
units
that
accurately
accurately
reflect
that
ecological
health.
So,
in
the
case
of
carbon,
that's
you
know
the
set
of
standards
and
norms
and
a
lot
of
times
because
carbon
like
look.
Carbon
is
a
global
issue.
B
There
is
one
atmosphere,
and
so,
at
the
end
of
the
day,
we
have
to
create
kind
of
like
any
carbon
claim.
You're
going
to
make
to
be
taken
seriously
is
going
to
have
to
reconcile
itself
with
a
globally
relevant
scientific
reality
right
and
there's
going
to
be
debate
over
that
and
there's
going
to
be
processes
over
that.
However,
there
are
other
units
that
aren't
quite
that
way
and
carbon.
Also,
it's
like
multivalent,
it's
a
wave
and
a
particle.
F
They
have
called
the
nature:
smart
climate
Solutions
fund,
where
the
federal
government's
investing
directly
in
nature,
in
any
case,
sometimes
a
little
bit
of
space
away
like
cools
the
blood
and
calms
one
down
and
and
chills,
went
out,
and
so
I
really
just
find.
My
reaction
to
the
topic
this
morning
into
the
exciting
news
of
launching
this
evolution
in
in
the
toolkit
and
registry.
Every
gen
sounds
awesome.
I
think
it
sounds
really
beautiful
and
I'm
a
long
time.
F
But
I
also
believe
you
know,
in
evolution
of
the
space
and
I
think
regen's
been
doing
top-notch
work
on
us
for
a
darn
long
time
and
just
really
excited
about
the
the
one
foot
in
front
of
the
other
building
these
tools
to
deliver
on
the
use
cases
that
you
know
that
are
evident
that
are
being
asked
for
the
by
the
community
that
are
being.
You
know,
clearly
clear-eyed
seen
as
necessary
to
move
this
all
forward.
So
I
think
it's
great.
Perhaps.
F
B
E
A
B
A
They
hate
Sarah
backs.
You
know:
you're
you're,
working
pretty
closely
with
a
number
of
project
developers,
I
believe
mostly
moving
through
kind
of
the
the
regen
registry
process.
I'm
curious,
given
your
experience
with
these
project
developers-
and
you
know
working
closely
with
agriculture
for
a
number
of
years,
what
kind
of
opportunities
you
see
this
avails
to
those
communities
to
the
folks
that
you're
working
with
now?
How
does
it
change
the
game?
And
you
know
what
anything
in
particular
you
like
to
highlight
on
the
opportunity
side.
E
D
Time,
it's
very
important
to
me
that
this
permissionless
credit
class
opportunity
actually
finally
opens
up
the
opportunity
for
them
to
potentially
engage
with
region
Network
in
a
meaningful
way.
And
for
me
that's
the
project
that
I
was
the
founder
of
in
Pittsburgh
called
Hilltop
Urban
Farm,
which
is
the
nation's
largest
urban
farm.
D
And
in
the
case
of
this
organization,
it's
like
a
three-person
non-profit,
very
Foundation,
funded
in
the
city
of
Pittsburgh
partnered,
with
everybody
from
the
city
to
Penn,
State,
University,
College
of
Agriculture
dean
of
agricultural
Sciences
for
research,
and
they
have
not
been
able
to.
Even
though
I
have
many
times
suggested
to
them.
D
However,
having
been
the
designer
of
that
space,
you
know,
I
have
a
literally
in
my
hand,
I
have
an
external
hard
drive
with
the
original
designs,
the
original
soil
samples,
GIS
locations
of
every
tree.
The
reasons
we
chose
the
local
trees
because
of
the
western
Pennsylvania
conservancy's
tree
recommendations
in
the
state
I
have
tables
of
how
much
carbon
each
fruit
tree
and
specific
rootstock
chosen
by
a
university
Professor
will
grow
over
time.
All
in
this
tiny
little
electronic,
you
know
device
here
that
basically
holds
the
historical
sciency
of
information
at
this
site.
D
Before
we
started
to
restore
it
the
information
about
what
we
did
to
it
and
all
of
the
data
that
comes
from
peer-reviewed
science
at
Penn,
State,
University
and
Regional
universities
in
the
state
of
Pennsylvania's,
land-grant
institution
Network,
but
I've
never
been
able
to
put
that
all
together,
actually
issue
credit.
It's
a
site
that
holds
an
enormous
amount
of
water
with
the
new
tree
planting.
So
the
combined
sewage
overflow
of
the
Monongahela
River,
as
many
hundreds
of
new
trees
planted.
D
Although
I
had
the
data
and
I
had
the
information,
and
so
now,
there's
there's
a
legitimate
opportunity
where
I
can
go
to
the
board
of
the
organization
that
I
built
before
region,
Network
and
say
hey,
we
can
now
create
our
own
credit.
Super
simply
we
can
plug
in
our
data
as
we
have
it,
and
it
will
be
okay
for
us
to
just
send
interns
and
Volunteers
in
the
neighborhood
out
to
take
pictures
of
the
trees
and
say
they're
still
here,
look
at
this
nut
tree.
It's
still
producing
look
at
this
fruit
tree.
D
It's
still
producing
it's
about
this
big
and
be
able
to
actually
put
that
information
together
and
tell
the
story
of
this
place,
both
conversationally
and
Visually,
and
through
the
amount
of
ecological
data
that
is
appropriate
for
that
non-profit,
to
be
collecting
to
report,
to
funders,
to
report
the
community
to
reports
to
the
city
and
not
ask
them
to
take
on
this
massive
institutional
process.
That
right
now
is
really
a
fundamental
barrier
to
its
ability
to
participate
and
it
being
a
tiny
non-profit
with
foundation
and
state
AG
funding.
D
Another
income
Source,
that's
based
on
the
real
outcomes
of
that
work,
on
ecology
and
on
this
City's
impact
that
is
actually
financially
game.
Changing
for
a
small
organization
like
that
says
that
it
may
finally
be
able
to
expand
its
infrastructure
and
its
stewardship
and
its
Staffing
and
its
Community
processes
in
a
way
that
it
never
had
funding
to
do
so
in
its
history.
D
So
when
I
said
you
were
thinking
about
the
the
potential
of
permissionless
credit
costs,
I,
like
literally
as
a
human,
get
chills
and
I'm
like
everybody,
that
I
know
that
I've
worked
with
personally,
that
does
this
amazing
work
in
the
world.
It
has
the
flexibility
to
now
enter
into
the
system,
utilize,
the
registry
technology
and
actually
be
able
to
build
credits
on
its
own
terms
and
if
they
want
to
upgrade
and
go
through
the
registry
and
make
it
peer-reviewed
and
really
formalize
and
officialize
it.
So
it's
open
to
corporate
buyers
over
time.
D
They
can
progress
through
that
process
without
having
that
process
itself,
be
this
just
massive
barrier
to
entry
to
participate
at
all
so
I'm.
Just
on
like
a
personal
level
like
really
excited
about
the
potential
of
permissionless
credit
class-
and
you
know,
I
would
love
to
hear
if
there
are
like
folks
in
the
audience
like
I
see,
Justin
I
know,
you're
working
with
folks
with
the
Bison
I
sell,
will
a
little
while
ago,
I'm,
not
sure.
If
he's
still
here,
you
know
who
has
worked
with
some
project
developers
on
different.
D
You
know,
project,
designs
and
so
I
feel
like
permissionless
credit
class.
Has
this
like
beautiful
untapped
potential
for
us
all,
to
be
able
to
swiftly
and
efficiently
create
credits
that
really
represent
authentic
outcomes
and
real
work
without
it
having
to
become
so
overwhelming
and
sober,
and
some
that
we
never
actually
get
to
the
point
of
being
able
to
credit,
because
the
process
itself
is
so
challenging,
so
maybe
I'll
pass
back
to
you.
D
B
I
also
want
to
make
sure
to
sort
of
like
go
over
some
of
the
technical
upgrades
and
tools
that
we're
we're
making
sure
we
have,
and
the
other
thing
that
I
want
to
make
sure
we
talk
about,
is
sort
of
like
the
larger,
just
sort
of
like
platform
process
that
region
network
is
underway.
So
I'm
going
to
just
put
a
pen
in
that,
but
so
to
Circle
back
around
over
the
next
few
minutes.
B
A
G
G
B
The
credit
that
you're
talking
about
in
an
Ever,
more
precise
and
accurate
way.
You
can
build
reputation
and
you
can
build
legitimacy,
and
you
can
build
credibility
so
that
something
from
the
Grassroots
can
mature
into
something
that's
sort
of
accepted
at
a
societal
level
and
that
that
process
should
be
permeable
and
as
much
as
possible,
not
institutional.
It
should
be
driven
by
the
the
rigor
of
the
outcomes
and
the
science
and
sort
of
like
the
attestations
that
add
up
to
the
legitimacy
instead
of
just
like
did.
B
B
A
lot
where
you
know
you
sort
of
get
these
insiders
and
they're
defending
their
sort
of
Paradigm
of
what
quality
means,
whether
or
not
it's
connected
with
sort
of
the
biophysical,
ecological
and
societal
realities
that
we
might
want
it
to,
and
that's
what
happens
in
that,
the
the
broadening
Gap
as
institutions
defend
their
perspective
of
what
quality
is
instead
of
upgrading
their
quality
is
what
gives
way
to
things
like
the
constant
attacking
that
takes
place
of
the
markets.
More
generally,
and
so
I
I
think.
G
Right
makes
sense
and
yeah
I
think,
especially
given
the
fact
that
we're
in
this
massive
transition
right
now,
it's
kind
of
optimizing
for
iterations
right,
so
allowing
us
to
try
new
things
and
explore
what
works
without
creating
so
much
friction.
So
that's
interesting
and
I'm
really
curious
to
see
how
we
explore
that
all.
B
B
It's
not
just
us
that
we're
building
a
community
of
peers
and
we're
building
a
community
of
Institutions
that
buy
into
this
sort
of
like
the
upgrading
process,
right,
whereby
a
credit
becomes
clearly
credible
right
that
people
won't
necessarily
have
to
that
that
it's
useful
for
people
to
use
permissionless
credit
classing
to
Pilot
new
ideas
and
as
a
part
of
the
Innovation
process,
but
that
there's
still
a
super
clear
pathway
towards
increasing
credibility
for
institutional
to
access
new
markets.
New
market
segments
that
can
program
in
what
they
believe.
B
Credibility
means
right,
whether
that's
Klima
or
fallow,
or
you
know,
expansive
or
you
know
a
major
like
Microsoft
like
what
we're
trying
to
do
is
build
a
system
where
it
becomes
easy
for
a
mar
a
buyer.
To
say
this
is
what
we
believe.
Credibility
is
and
boom
just
sort
for
the
credits
that
match
that
or
put
a
buy
order
in
for
those,
so
that
then
people
know
oh
cool.
Those
are
that's
what
we
have
to
do
in
order
to
achieve
that.
B
It's
super
simple
and
clear,
but
we
also
believe
again
that
there's
this
whole
long
tail
system,
like
I'm,
seeing
I,
see
or
I,
saw
Luke
in
the
audience
from
Colectivo,
and
so
Colectivo
is
building
local
currency
systems
right,
Mutual,
Credit,
local
currency
systems.
So
you
can
also
Imagine
sort
of
sovereign
bioregional
currencies,
backed
by
local
definitions
of
ecological
Health,
in
which
people
are
using
smartphones
for
photos
and
acoustic
monitoring
and
they're,
basing
some
sort
of
natural
capital
reserve
as
part
of
the
local
minting
process
of
a
currency.
B
That's
getting
used
at
a
discount
in
local
stores.
That
kind
of
vision.
Doesn't
you
know
like
forcing
a
a
credit,
that's
being
used
as
the
backbone
of
that
sort
of
activity
through
the
same
institutional
framework
that
you
know
a
major
oil
company
or
a
major
tech
company
is
using
to
balance
their
carbon
liability,
doesn't
make
a
lot
of
sense,
but
yet
there's
sort
of
this
underlying
pattern,
which
is
again
kind
of
the
the
data
structure,
standards
and
tools
for
people
to
report
on
ecological
Health
as
the
basis
of
accrediting
agreement
between
parties.
B
B
The
way
that
things
currently
exist
and
which
institutional
standard
setting
is
the
only
way
to
achieve
legitimacy
in
the
eyes
of
much
of
the
market,
actually
reduces
the
quality
of
the
credits.
There's
like
this
degradation
process
that
happens
through
that
homogenization
and
oversimplification,
and
we
see
this
as
it's
not
a
silver
bullet,
but
it's
a
it
opens
up
the
system
to
make
it
much
more
likely
to
to
that.
Eco
credits
serve
as
the
foundation
for
a
truly
regenerative
economy.
H
Yeah
I
think
this
is
perfect
timing
for
this,
because
I
mean
what
the
farming
and
regenerative
AG
farming
movement
and
land
stewardship
has
been
really
looking
at
is
we
talked
about
soil,
health
and
healthy
ecosystems,
but
you
know
that's
a
hard
one
to
measure
or
describe
or
explain,
and
so
we
realized
is.
We
needed
to
really
understand
how
these
systems
function
and
that's
been
the
biggest
thing.
H
I
think
in
maybe
the
last
five
years
is
our
increased
knowledge
and
how
those
how
the
system
functions
and
when
you
learn
how
each
of
the
components
of
that
system
functioning,
then
you
realize
it's
importance.
How
could
we
possibly
measure
it?
How
could
that
data
then
be
useful
for
somebody
else
in
the
world
either
to
replicate
or
to
use
in
promoting
that
they're,
promoting
that
in
in
like
say
down
the
chain
in
the
food
or
the
fiber
or
whatever
is
produced
out
of
an
ecosystem?
H
So
and
of
course,
that's
means
we're
developing
tons,
more
tools
all
the
time
and
we
know
we're
learning
what
we
need
in
a
tool
and,
of
course,
we
realize,
if
you're
a
land,
Steward
you're,
probably
not
as
an
individual,
doing
the
work
you're,
not
a
billionaire.
It's
not
that's,
not
what
you're
all
about.
So
how
do
we
make
tools
that
really
are
efficient,
cheap
but
actually
accurate?
To
do
this,
and
and
at
different
levels?
H
I
mean
we
have
metagenomics
now
on
soils,
great
Advantage
for
some
Farmers
to
use,
and
then
we
learn
from
those
farmers
use.
So
I
think
this
is
going
to
open
up
a
lot
of
opportunities
to
finally
Bridge
so
that
what
land
stewards
are
doing
aligns
with
the
needs
of
people
who
want
to
support
that
stewardship.
So
we
don't
have
kind
of
two
processes
happening
at
the
same
time,
which
is
sort
of
the
way
it's
been
and
I.
Think
we
have
the
knowledge
now
to
really
start
doing
that,
thanks
for
having
the
space
Gregory.
C
Hey
there,
this
is
really
kind
of
like
a
crucial
conversation
for
us
in
Kansas
City,
because
we
are
sort
of
going
through
this
process
right
now
of
building
out.
You
know
what
is
the
the
validation
and
verification
and
the
local
credit
anyways
yeah
I
I
was
just
resonating
with
what
you
were
saying
about.
Everybody
wants
to
attack
carbon
credits
and
that
the
way
I
frame
it
is.
C
This
is
an
emerging
market,
and
you
know
there
is
Young,
and
you
know
we
have
more
technology
at
our
fingertips
than
we've
ever
had
before
to
have.
You
know
near
real
time,
information
and
data
streams
of
what's
actually
happening
in
our
ecosystems
that
interact
with
humans
and
so
I
think
that
it's
just
gonna
the
the
the
this,
the
the
it's
gonna
get
a
lot
more
mature
and
it's
going
to
get
even
more
tangible
and
undeniable
in
terms
of
what
we're
able
to
show,
and
so
just
wanted
to
say
that.
B
C
H
C
B
Yeah,
no
exactly
it
allows
people
to
Great
consensus
around
an
outcome
that
they
want
or
need,
and
you
know,
link
the
generation
of
these
credit
units
to
success
in
achieving
that
outcome
and
then
mint
them
and
and
flow
money,
as
there's
evidence
of
the
results
that
are
desired
at
a
base
level.
That's
what
we're
talking
about!
B
So
it's
very
broadly
transformative
and
what's
cool
about
doing
it
in
a
way
that
we're
setting
it
up
and
Scaffolding
it
is
that,
then
those
units
also
can
become
sort
of
utilized
in
novel
new
ways
like
I
was
talking
about.
Colectivo
might
use
this
technology
to
start
underpinning
and
basing
local
currency
systems
and
how
they're
working
on
things
you
might
have
D5
protocols
or
stable
coin
protocols,
or
you
know
local
Municipal,
tax
rate
abatements.
There's
all
these
things
which
these
this
societal
value,
these
public
goods
Goods
can
be
used
to.
B
You
know
be
valued
in
the
our
everyday
economy
right.
So
it
starts
to
become
the
formation
of
you
know.
It's
just
hearkening
back
to
some
of
the
founding
Vision,
the
question
being.
How
do
we
create
a
an
ecological
Health
based
and
backed
currency
system?
We
start
to
see
these
units
fulfill
that
potential,
as
we
open
them
up
more
and
have
a
broader
community
of
innovation,
I
I
think
Justin
lay
it
on
us.
I
I
If
that,
hopefully
that's
a
contribution
to
this,
much
of
what
will
said
earlier
gets
me
really
excited
on
the
tooling
side,
because
you,
many
of
you
know,
I'm
I'm,
a
tool
Builder
but
fundamentally
I
see
this
as
a
way
to
really
start
to
feed
into
the
supply
side
or
excuse
me:
excuse
me
the
demand
side
of
credits
and
how
they
can
fit
into
the
the
broader
ecosystem
of
supporting
regenerative
projects.
More
broadly.
A
B
Yeah
I'm
happy
to
close
this
out
and
thanks
everybody
for
joining
and
being
as
excited
as
we
are.
This
is
really
kicking
off
kind
of
a
region.
Summer
process,
in
which
r
d
is
taking
the
steps
needed
for
the
functionality
of
regen
Network
as
an
Eco
crediting
protocol
to
be
fully
Community
owned
and
operated
with
all
functionality
available
to
all
users,
and
so
over
the
next
few
months,
we're
going
to
be
really
starting
to
work
on
the
fullness
of
this
functionality
being
managed
by
everybody.
B
Already
you
know,
r
d
is
has
long
been
a
minority
token
holder
and
other
elements
of
decentralization.
However,
we
have
again
had
this
responsibility
and
right
of
being
the
sole
Eco
credit,
Eco
credit
curator,
sorry
Eco
credit
Creator
address.
Now
that
again
is
opening
up
it's
good.
We
hope
that
it's
opening
up
that's
going
to
be
going
through
governance,
so
you,
the
community,
will
be
engaging
in
that
look
forward
to
a
commonwealth
post
in
the
next
couple
of
days,
so
that
we
can
carry
on
the
conversation.
B
One
last
thing
that
I
I
want
to
just
share.
Before
we
end
the
the
space
is
just
to
note
that
stay
tuned,
there's
going
to
be
a
bunch
of
big
announcements
in
service
to
this
large
kind
of
progressive,
decentralization
and
building
the
capability
for
the
community
to
be
ever
more.
The
owner
operator
of
the
system
that's
been
built
and
is
continuing
to
be
built
and
I.
Think
a
big
part
of
that.
In
keeping
with
this
permissionless
credit
class
creation
is
going
to
be
a
contest
for
credit
class
origination.
B
We've
got
some
big
sponsors
getting
lined
up.
It
looks
like
there's
going
to
be
pre-purchase
agreements.
It's
going
to
be
super
exciting,
so,
if
you've
been
incubating
an
idea
for
an
amazing
transformative,
Eco
credit
now
is
the
time
to
start
taking
that
to
another
level,
engage
over
on
high
low
or
Discord
and
start
kind
of
hammering
it
into
shape,
because
I
think
some
sometime
early
fall.
B
We're
going
to
be
there's
going
to
be
ever
more
information
about
this,
so
I'm
kind
of
dropping
the
alpha
right
now,
but
we're
going
to
be
launching
a
contest
so
that
people
can
collaborate
and
compete
with
new
Dynamic
Eco
credit
opportunities
and
really
show
the
world.
This
Innovative
Spirit
of
what
a
Grassroots
Community,
cooperating
together
and
competing
against
each
other
with
great
ideas,
can
do
instead
of
the
stallid
slow
bureaucratic
approach.
D
D
Second
public
service
announcement
today
is
the
last
day
to
participate
in
public
comment
for
the
era:
Brazil
biodiversity
methodology
and
the
rude
soil
organic
carbon
methodology.
So
if
you
get
our
newsletter,
you
already
know
to
go
to
Hilo.
Today
is
the
deadline
to
participate?
If
you
are
a
science
human
and
want
to
weigh
in
this?
Is
your
opportunity
to
be
a
part
of
that
feedback,
loop
and
the
public
process?