►
From YouTube: Regenerati News Hour April 6, 2023 Regen Registry - Setting High Standards for Ecocredit Creation
Description
Host Dave Fortson is joined by members of the Regen Registry team to discuss their evolution, decentralized registries and transparent registry governance. The Regenerati News Hour is an opportunity for community engagement for anyone interested in planetary regeneration.
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B
C
A
Ecosystem
super
stoked
to
be
here,
yeah
I,
think
today
we're
going
to
be
digging
in
to
registry.
What
is
it,
how
does
it
work?
What's
the
registry
versus
a
registry
program?
Where
are
all
the
Registries
that
exist
out
there?
How
do
they
function?
Why
are
they
important
for
voluntary
carbon
markets?
What
are
some
of
the
opportunities
and
challenges
with
spinning
up
a
registry?
A
A
Sam
I
will
I
think
on
this
before
you
know,
maybe
offer
up
you
just
to
give
us,
like
the
30
000
foot
view
of
just
a
reminder
of
what
a
registry
is,
and
maybe
some
of
the
what
people
may
be
confusing
when
they're
talking
about
when
they
think
they're
talking
about
a
registry
versus
a
registry
program
and
what
their
primary
function
is
in
our
ecosystem.
Maybe.
D
A
C
That's
a
great
place
to
start,
and
also
for
folks
listening
I
would
love
this
to
be
as
like,
open
as
possible.
So
if
folks
want
to
come
up
and
speak,
feel
free
to
raise
your
hand
and
join
on
end
yeah,
and
so
I've
actually
been
thinking
a
lot
about
this
recently
Dave
when
I
went
to
East,
Denver
I
went
to
an
event
in
at
the
event
one
of
my
friends
said
wow.
It
feels
like
everyone's.
D
C
C
A
So
maybe
just
you
know
we'll
we'll
Meander
around
a
variety
of
topics
here,
but
can
maybe
can
you
help
us
understand
our
can
Registries
be?
Are
they
designed
to
be
Gatekeepers?
Are
they
are
they?
Can
they
be
open
and
permissionless
like
what
are
the
very
variety
of
models
of
how
Registries
might
organize
themselves
and
what
are
the
kind
of
relating
impacts
and
what
might
show
up
in
that
registry?.
D
C
C
As
you
know,
a
gatekeeper,
that's
managed
by
a
single
organization
if
they,
they
really
value
their
registry,
only
tracking
information
for
certain
protocols
and
claims,
and-
and
this
is
what
we
see
with
like
you-
know-
the
the
big
four
like
Vera
gold
standard,
American
carbon
registry-
and
you
know
so
in
in
that
model.
If,
if
folks
want
to
have
a
registry
that
operates
in
that
way,
I
think
that
definitely
works.
C
My
personal
view
is
that
I
think
that
you
know
in
this
kind
of
exploding
Market,
it's
really
important,
that
Registries
are
publicly
you
know
publicly
available
and
as
transparent
as
possible,
and
if
people
want
to
access
information
or
at
least
be
able
to
reference
it,
they
should
be,
and
the
thing
that
really
excites
me
about
like
regen
Ledger
is
the
idea
of
like
developing
a
registry
that
can
be
thought
of.
As
a
public
good.
C
In
a
registry,
that's
tracking
more
than
just
who
owns
the
credits,
I'm
really
excited
about
the
idea
that
you
know
Registries
shouldn't
just
track
who
owns
the
credits,
who's,
retired,
the
credits.
It
should
also
be
tracking
the
protocols
and
methodologies
themselves.
It
should
be
tracking
the
decision-making
process
for
how
those
protocols
and
methodologies
were
developed,
who
approved
them,
who
developed
them?
A
So
maybe
you
can
key
off
of
that
the
public,
this
public,
good
concept,
you
know
I,
think
it
it
feels
like
you
know,
regen
networks,
development
approach
to
or
philosophy
and
designing
or
deciding
that
a
registry
was
a
critical
component
to
originate.
Ecological
assets
was,
you
know,
was
it
was
a
big.
It
was
a
big
play
right.
It's
there
are
existing
Registries
that
you
know
dominate
the
voluntary
carbon
markets
and
it
seemed
to
be.
There
was
identification
of
weaknesses
and
those
models
that
created
space
for
publicly
governed.
B
A
And
then,
or
a
publicly
public
good,
called
regen
registry,
so
why?
Why
does
the?
Why
is
regen
registry
unique
in
its
approach
and
what
is
you
know
is
is
having
a
publicly
governed
registry.
Radical
you
know.
Is
that
a
is
that
a
something
that's
new
and
different?
Is
it
happening
elsewhere?
Is
there
something
that
you
can
describe
that
will
really
are
unique
characteristics
of
regen
registry
that.
D
C
C
You
still
have
to
follow
the
same
set
of
rules
and
requirements
to
use
the
registry,
but
we're
taking
a
slightly
different
approach
where
we
don't
want
all
these
different
types
of
projects
and
project
activities
and
bio
Regens
and
in
different
Community
needs
to
be
using
the
same
set
of
rules
and
requirements,
and
so
in
our
registry.
The
unique
thing
is
that
a
community
can
say
hey.
F
C
F
To
double
click
on
this
idea
of
registry
as
as
neutral,
because
it's
something
that
we're
pretty
deep
in
the
Weeds
on
salmon.
Thinking
about
like
just
the
the
moment
that
we're
in
with
project
registration
and
what
our
role
is
in
this
view
of
of
a
registry,
what
our
role
is
in
kind
of
facilitating
that
neutrality,
I
think,
would
be
cool
to
touch
on
like
thinking
about
within
project
registration,
that
our
role
is
to
basically
enable
whatever
they
say.
They're
going
to
do
that.
A
A
What
does
the
layer
of
governance
look
like
because
you
know
similarly,
when
I
hear
neutral,
some
might
may
think
that
that
the
community,
you
know
neutral,
is
standing
aside
or
are
value-less.
You
know,
but
that's
I
think
it
sounds
like
in
a
lot
of
ways.
It's
not!
No,
that's
not
what
you're
saying.
D
A
A
B
C
Yeah
definitely
yeah
and
and
I'll
I'll.
Definitely
preface
this
in
saying
that
this
is
like
still
a
very
much
a
discovery
process
for
us,
you
know
and
so
to
start
with
kind
of
Becca's
point
like
I
mentioned
earlier.
You
know
early
on
in
the
the
kind
of
registry
program
development
back
in
you
know,
2019.
C
we
were
playing
a
lot
more
or
we
thought
we
were
going
to
be
playing
a
lot
more
kind
of
like
centralized
role
in
you
know
approving,
and
you
know
not
necessarily
like
gatekeeping,
in
a
way
where
it's
like.
Oh
you
can't
do
this,
but
but
kind
of,
like
you
know
ensuring
that
projects
fall
at
a
certain
set
of
Standards,
and
you
know
over
time.
C
But
over
time
you
know,
we
we
want,
to
kind
of.
You
know,
encourage
a
larger
Community
to
to
take
on
that
role.
So
it's
not
necessarily
our
team
and
so
getting
into
the
idea
of
of
like
governance
and
where
it
can
come
into
play.
I
really
think
it
can
come
into
play
at
a
lot
of
different
points
and
and
can
be
used.
I
I
would
encourage
people
to
think
of
how
to
use
this
like
neutral
set
of
like
governance
Tooling
in
very
creative
ways.
C
The
ways
that
we're
thinking
about
using
it
right
now
is
for
credit
class
creation
and
methodology
approval,
and
so
you
know
what
what
we
would
do
there
is.
We
would
set
up
a
group's
address
and
essentially
just
have
you
know
people
vote
on.
Should
this
credit
class
be
created,
should
this
new
credit
type
be
created,
should
this
methodology
be
approved
if
it's
gone
through
the
peer
review
process
and
then
getting
into
that
kind
of
project
level?
C
You
know
we
want
to
encourage
people
that
are
managing
credit
classes
to
set
up
their
own
processes
and
instead
of
kind
of
yeah,
like
like
governance
process,
to
approve
projects
to
choose
how
credits
are
just
distributed
within
a
project.
You
could
use
it
for
credit
issuance,
you
could
use
it,
for
you,
know,
mrv
and
in
approval
of
monitoring
reports
and
verification
reports,
and
so
those
are
all
the
places
it
could
fit
in.
But
right
now
we're
really.
C
And
so
you
know,
my
hope
is
that
we
would
provide
that
transparency
and
over
time
it
would
encourage
people
to
start
to
Value
more
of
the
importance
of
tracking
decision
making
processes
in
project
development
and
credit
issuance
the
because
we
don't
necessarily
want
to
say
that.
Oh
you
did
this
the
right
way
or
the
wrong
way.
But
this
is
why
a
decision
was
made
and
we
can
see
why
that
decision
was
made
so
that
we
could
start
to
learn
from.
You
know
how
how
people
are
thinking
about
these
things.
C
A
So
question
for
you
Sam
and
again
I'm,
just
as
a
as
an
effort
to
keep
painting
pictures
compared
to
you
know,
I
just
say:
General
incumbents
in
the
voluntary
carbon
markets
or
ecological
asset
markets.
You
know
five,
let's
say
five
years
from
now
when
the
registry,
a
region
registry,
is
a
bit
more
mature
and
you
could
and
you
imagine
yourself
doing
a
kind
of
comparison
chart.
Can
you
speak
to
like
you
know
the
at
least
the
incumbents
as
they
are
today?
A
And
you
know,
and
and
as
you
imagine,
regen
registry,
you
know
a
handful
of
years
from
now
what
you
know,
how
do
you
compare
things
like
speed
to
Market
like
for
for
an
ecological
asset
or
or
overhead
or
cost
of
bringing
that
asset
to
Market
or
how
it
is
yeah,
governance
or
other
things
like?
Can
you
just
so
people
understand
like
again,
I
think
the
significant
differences
and
exciting
innovations
that
regen
registry
is
bringing
to
the
space?
A
C
Foreign
yeah,
that's
a
really
good
question
and
it
kind
of
reminds
me
of
a
conversation
that
I
had
with
Gregory
and
Becca
and
some
some
folks
at
the
foundation
about
you,
know
the
idea
of
registry
being
a
system
of
functions
and
I.
Think
that,
like
if
you
read
the
you
know
original
region,
Network
white
paper
in
in
you,
you
kind
of
like
you
know
the
the
picture
that's
painted.
C
Is
that
we're
really
digging
into
this
idea
of,
like
the
the
registry
being
the
the
digital
synthesis
of
the
information
claims
and
decision
making
processes
that
went
into
creating
crediting
programs
and
issuing
credits?
And
so
you
know,
there's
a
lot
of
different
components
at
play.
There
there's
a
body
of
scientists,
or
you
know,
standards,
accounting
bodies
that
are
creating
new
methodologies
and
standards.
C
There
are
people
developing
projects
that
are,
you
know,
helping
Farmers
manage
their
land
and
kind
of
interact
with
these
Registries
there's
people
on
the
ground,
developing
mrv,
tooling,
there's
people
digging
into
the
the
finances
of
of
how
do
we
underwrite
you
know,
project
costs
with
this
idea
of
like
forward
markets
and
so
so
like.
If
you
unpack
each
of
these,
you
know
each
of
those
could
really
be
its
own
business,
and
so
you
know,
I
I've
always
thought
in
in
this.
C
C
I
think
the
Crux
there
is
is
really
that,
like
skin
in
the
game
component,
where
you
know
the
reality
is,
is
that
you
know
it's
not
going
to
be
all
philanthropic
and
people
do
need
ways
to
kind
of
fund
their
work,
which
is
a
kind
of
an
exciting
and
complex
problem
to
overcome.
But
I
personally
think
it's
possible.
A
And
I'm
curious,
could
you
share
you
know
On,
a
related
note
like
what
does
a
thriving
relationship,
look
like
between
incumbent,
Registries
and
regen
registry
in
the
future,
like
what
are
what's
possible
help
people
understand,
you
know,
are
we
collaborators?
Are
we
competitors
or
or
can
we
be
both
and
and
how
might
incumbent
Registries
use
some
or
all
of
the
tech
stack
and
governance
framework
that
regen
registry
offers
in
order
to
improve
their
own,
the
Integrity
or
the
delivery
of
their
own
credits
to
Market.
B
C
C
It's
collaboration
in
the
sense
that
you
know
we're
developing
great
tooling,
that
can
be
used
by
you
know
anyone
like
if,
if
tomorrow
you
know,
Vera
or
gold
standard,
you
know
wanted
to
adopt
our
Tech
stack
as
a
mechanism
to
track
their
own
projects
and
credit
issuance,
and
you
know
the
the
decisions
that
they
made
to
approve
projects
and,
and
you
know
how
they
handle
deviations
they
they
could
do
it.
You
know
we
aren't.
You
know
gatekeeping
in
any
sense,
and
I
I
personally
would
be
really
excited.
C
C
Think
that
you
know
Peter
Olivier
wrote
the
an
article
last
week
about
you
know
what
what
is
crypto
for
and
I
think
that
the
point
he
was
hammering
home
is
that
it's
a
really
great
place
for
Innovation
in
and
to
iterate
fast
on.
You
know
how
people
are
thinking
about
these
things
and
and
I'm
really
excited
about.
You
know
all
the
different
crediting
programs
that
we
have
coming
through,
because
they're
so
vastly
different
from
one
another
and
I
think
it
really,
you
know,
gets
the
gears.
C
A
Some,
maybe
can
you
take,
give
us
a
little
bit
of
a
snapshot.
You
mentioned
some
of
the
credits
that
are
starting
to
make
their
way
through
the
regen
Network
ecosystem.
You
know
originating
you,
know,
maybe
originating
out
in
the
region,
Network
ecosystem
and
regen
registry.
Can
you
give
us
like
a
a
top
level
view
of
what
some
of
these
credits
look
like
and
where
they're
at
in
the
process
and
then
is
their
natural
home?
You
know
just
as
a
question,
so
people
understand
the
full
kind
of
value
chain.
A
C
C
The
background
on
Roots
is
that
they
started
as
a
Savory
Hub
measuring
soil
health
and
helping
Farmers
or
helping
grazers
adopt
regenerative
grazing.
You
know
practices
and
they
have
developed
a
methodology
that
is
focused
on
a
kind
of
exhaustive
sampling
techniques,
so
very
similar
to
the
emission
reduction
fund
methodology
down
in
Australia
and
and
so
they're.
You
know
kind
of
in
the
process
of
registering
their
project
and
hopefully,
we'll
have
credits
coming
online
in
the
next
few
months.
C
Which
is
is
developing
biodiversity
credit.
That's
that's
a
little
bit
more
focused
on
environmental
stewardship
for
keystone
species
protection
in
in
fiber
shed,
which
is
an
environmental
stewardship
credit
rewarding
grazing
operators
in
California
sheep
grazing
operators,
for
you
know
just
engaging
in
their
practice
and
collecting
data,
and
so
you
know
for
each
of
these
groups
the
obviously
the
the
programs.
C
You
know
the
ideally
for
some
of
these
groups,
the
you
know
the
actual
raw
data
backing
the
claims
for
monitoring
reports,
and-
and
so
you
know,
once
those
credits
come
online,
you
can
you
can
see
those
issuances
in
the
regen,
Marketplace
and
and
then
it's
up
to
them
to
decide
if
they
want
to
try
to
list
in
a
web.
3
Marketplace
if
they
just
want
to
have
credits
on
the
the
registry
that
in
in
kind
of
you,
know,
outline
their
own
sales
process.
C
So
organizations
can
contact
them
and
go
through
an
OTC
process,
and
so
really
you
know
kind
of
it.
It's
ultimately
up
to
the
project
developer
for
a
lot
of
these
groups.
You
know
they
already
have
buyers
and
so
they'll
not
necessarily
be
using
Marketplace
functions,
but
you
could
still
go
in
and
track
like.
Oh
this
credit
was
sold
to
this
group
and
retired.
Here
you
know:
here's
the
ongoing
monitoring
reports
and
in
kind
of
like.
C
A
One
more
question
and
then
I'd
love
to
open
it
up
to
folks
in
the
audience
to
ask
questions
or
share
their
own
experience
with
our
thoughts
on
regener
registry.
Could
you
just
share
a
little
bit
about
you
know,
I'd
say
at
like
a
mid-level,
how
you
know
we
mentioned
regen
Ledger.
We
mentioned
regen
registry.
We
mentioned
region
Marketplace.
So
obviously
this
is
a
registry
discussion.
Could
you
explain
kind
of
the
connective
tissue
that
in
the
relationship
between
those
three
parts
and
how
they
interoperate
together
or
how
they
can
interoperate
together.
C
Yeah
so
I
think
my
you
know
that
the
thinking
here
is
a
little
bit
mixed,
but
if
we
go
back
to
kind
of
the
beginning
of
the
conversation
where
you
know,
I
propose
that
you
know
Registries
if
we're
going
by
kind
of
a
more
strict
definition
or
the
database
themselves
to
track.
You
know
kind
of
the
information
claims
supporting
projects
in
under
registered
under
a
certain
protocol
or
program
in
in
that
definition,
really
they're
all
the
same,
and
so
you
know,
regen
Ledger
has
functionality.
C
B
A
B
A
Maybe
I
was
reflecting
and
I'm,
like
you
know,
always
a
little
bit
hesitant
to
open
cans
of
worms,
but
why
not?
This
is
an
open
public
discussion,
the
guardian
article,
obviously
roiled
Royal,
the
Waters
of
voluntary
carbon
markets.
You
know
maybe
for
Justin
both
unjust,
just
reasons
depending
on
your
point
of
view
and
your
level
of
understanding
I'm
just
curious
just
generally,
not
not
as
a
rhetorical
question,
but
does
the
registry
solve
anything
that
was
raised
in
that
article
like
well?
A
C
Yeah,
that's
a
that's
a
complicated
question:
I
I,
you
know
I,
think
speaking
of
the
first
part
of
your
question,
I
I
think
you
know
it
does
solve
or
or
it
has
potential
to
solve.
Some
of
the
problems
that
were
outlined
in
that
article
and
into
the
things
that
I'm
thinking
about
specifically
is,
is
you
know,
governance
tooling,
because
a
lot
of
these
projects,
you
know
just
just
the
the
red
plus
projects-
are
so
complex.
C
You
know
there's
so
much
to
think
about
when
you're
you
know
making
claims
on
additionality
for
avoided
deforestation
projects,
because
you
have
to
prove
you
know
the
financial
additionality
that
avoided
deforestation
wouldn't
take
place.
In
the
absence
of
this
funding,
you
have
to
prove
that
the
forest
itself
was
at
risk,
and
you
know
that
isn't
necessarily
as
simple
as
just
like.
Oh
we
can.
We
can
make
GIF
analogies
of
all
these
things
and
look
at
proximity
to
roads.
C
C
If
they
they
need
money,
and
so
you
know
I
think
that
the
the
very
methodologies
for
avoided
deforestation
are
very
general
with
the
intention
or
with
the
intention
of
leaving
it
up
to
the
project
developer
and
the
community
to
essentially
make
those
claims
on
additionality
and
be
because
they
look
so
different
in
you
know
different
projects,
and
so
I
think
one
opportunity
I
see
in
in
region
registry
is
governance.
Tooling,
is
just
to
track
how
decisions
were
made
around.
C
You
know
proof
of
additionality
decision
to
run
the
project.
How
frequently
you
know
they're
going
to
be
updating,
baselines
and
things
like
that,
because
I
think
that
Insight
would
provide
a
lot
more
Assurance
to
people
that
are
critical
of
these
projects,
and
it
would,
you
know,
also
provide
a
learning
opportunity
to
see
you
know.
Oh,
we
made
this
decision
10
years
ago
and
the
science
has
evolved
or
the
standards
have
evolved
in
in
clearly.
C
B
G
Yes,
hello,
everybody
one
thing:
I've
been
finding
and
I've
been
hearing
from
their
regenerative
farmers
and
land
stewards
that
are
trying
to
do.
Consulting
is
they'll
meet.
Somebody
and
they'll
have
been
told
by
Academia
or
somebody
else
what
they
need
to
do
to
become
regenerative
or
to
help
their
Farm
situation.
G
That
really
isn't
going
to
solve
your
problem
or,
if
you
just
did
what
they
told
you
with
the
no-till
you're,
really
not
going
to
get
anywhere,
in
fact,
in
some
ways:
You're
Gonna
Go
backwards
in
some
senses,
because
you're
not
hearing
the
whole
story,
so
knowledges
and,
of
course,
abroad.
We're
hearing
that
I'm
running
into
that
a
lot.
G
You
know
Farmers
that
want
to
change
but
they're,
either
getting
no
advice
or
bad
advice
and
then,
when
they
design
a
project
and
they
get
support
for
it
and
it's
all
a
waste
and
I
think
if
we
don't
get
some
people
that
are
reviewing
or
the
period
of
peer
that
are
really
understand.
The
new
science
and
the
new
implementations
we're
just
going
to
see
a
lot
of
people
failing
and
that's
really
the
worst
thing,
I
think
for
the
movement
that
could
happen.
G
We
need
I
mean
we've
realized
that
with
the
regen
AG
thing
is,
you
know
when
we
go
to
a
farm,
we've
got
to
ensure
a
success,
or
else
we're
going
to
lose
the
whole
system,
so
how
we
meet
that
knowledge
need
and
that
we
get
we're
even
thinking
about.
Maybe
we
need
to
create
tests
for
people,
you
know
even
agronomists
or
people
at
universities
before
they
go
out
and
do
something
they've
got
to
have
a
certain
amount
of
knowledge,
otherwise
they're
really
not
helping
solve
the
problem.
So
that's
a
big
issue,
I'm
finding.
Thank
you.
G
C
Yeah
yeah
I,
you
know
the
thing
that
comes
to
mind
for
me
is
just
you
know,
kind
of
like,
like
you're,
saying
kind
of
that.
The
complexity
of
these
projects,
and-
and
you
know
especially
in
the
US-
were
flooded
with
a
bunch
of
different.
You
know
so
many
organizations
that
are
providing
different
recommendations
based
off
of
their
personal
opinions
and
different
studies,
and
you
know
I
I,
think
one
one
thing
I'm
excited
about
digging
into
more
and
and
seeing
how
this
pans
out
is.
C
Is
this
idea
of
environmental
stewardship,
where
you
know,
rather
than
crediting,
based
off
of
outcome-based
metrics
like
carbon?
You
know
we
we
would
just
be
paying
for
the
practice
to
allow
them
to
to
kind
of
like
test
different
changes
without
you
know
putting
a
lot
of
money
into
a
project
that
if
they
do
make
the
the
wrong
Land
Management
decision
or
get
the
the
you
know,
advice
that
doesn't
work
well
for
their
farmer,
their
land,
that
you
know
it's
not
necessarily
tied
to.
C
A
D
D
I
know
you're
acquainted
with
with
several
of
them
in
our
in
our
region
and
we're
thinking
of
creating
a
presence
there
and
perhaps
at
our
consumer
food
co-ops
and
and
present
the
projects
that
are
being
developed
in
the
future
as
something
that
people
can
invest
in
can
acquire
carbon
credits
along
with
their
food
to
co-market,
wholesome
food
and
Eco
credits.
And
that's
the
idea.
We're
trying
to
develop
from
your
explanation.
D
I
hadn't
really
thought
about
the
the
plumbing
the
back
office
side
of
the
credits
as
much
as
trying
to
engage
people
where
they
are
with
this
idea
of
Cooperative
marketing
on
both
the
producer
and
the
buyer's
side
and
I
wanted
to
get
your
guidance
on
how
to
think
about
the
registry
as
the
vehicle
for
for
achieving.
At
least
the
well,
perhaps
both
sides.
But
if
you
could
comment
on
on
that,.
C
C
Are
they
helping
underwrite
project
costs?
Are
they
expecting
return
on
investment
to
to
get
carbon
credits
themselves,
or
are
they
just
excited
about
supporting
a
practice
in
their
area?
That
they
know
is
important,
for
you
know
kind
of
the
Pacific
Northwest
forest,
so
I
I
think
that
the
marketing
component
probably
is
going
to
be
a
little
bit
separate
in
that
I.
Think
you
know
it's.
A
Thank
you,
Howard
I
just
want
to
make
sure
we
have
time
for
some
other
speakers
and
thank
you
Sam
for
answering
that.
Let's
pick
up
that
conversation
always
remember,
please,
you
can
join
us
in
Commonwealth
as
well
or
over
in
Hilo,
for
expansion
on
these
conversations.
I
assume
Thomas
is
this
you
from
Branch
out
you
wanna,
take
the
stage
and
share.
What's
on
your
mind,.
E
So
I
guess
my
question:
to
give
it
a
specific
context
revolves
around
the
bridge
with
toucan
for
the
NCT
and
so
I
feel
like
that
r
d
is
playing
two
roles
both
as
running
the
region
registry
currently
and
I
know.
There
are
plans
to
decentralize,
but
also
in
financially
supporting
or
building
infrastructure
for
particular
tokens,
and
so
I'm
wondering
how
that
can
be
conceived
of
as
neutral
and
whether
there
might
be
a
conflict
of
interest.
That
requires
a
greater
level
of
financial
transparency
for
it
to
be
able
to
be
a
public
good.
C
Yeah,
so
I
I
would
maybe
just
to
help
frame
this.
You
know
maybe
like
separate
it
into
like
the
the
governance
of
the
registry
and
in
the
the
software
of
the
registry,
where
you
know
thinking
about
that
like
when
we
talk
about
neutrality,
you
know
that
the
software
being
kind
of
like
a
neutral
set
of
tools
that
can
be
used
in
a
variety
of
ways,
and
then
you
know
where
the
the
governance
comes
in
is
is
like.
C
How
are
we
using
these
those
tools
or
or
like
what
are
the
processes
that
the
community
thinks
is
important
in
you
know
approving
credits
and-
and
you
know
like
like
essentially
how
we
use
those
tools,
so
you
know,
like
a
good
example,
would
be
like
credit
class
creation
right
now.
We
have
a
permissioned
credit
class
creation
route
where
you
know,
people
that
want
to
be
credit
class
creators
have
to
go
through
a
governance
process,
but
you
know
once
they
get
that.
A
C
Like
you
know,
r
d
did
support
it,
but
it's
for
a
larger
mission
to
you
know,
encourage
interoperability
and
shared
metadata
standards
and
ontologies,
for
you
know
the
inevitability
of
many
blockchains,
and
you
know
acting
as
Registries
themselves
yeah
and
you
know
when
it
when
it
comes
to
conflict
of
interest.
I
I.
Don't
necessarily
think
that
that
conflict
of
interest
in
the
desire
to
develop
it
was
necessarily
you
know,
like
a
financial
mechanism
but
I
I,
think
that
you
know
when
we
decided
to
do
it.
A
E
H
H
H
So
it's
quite
hard
to
kind
of
like
engage
a
community
and
try
to
build
a
relationship
of
supply
and
demand
when
there's
no
product
and
so
I
think
a
lot
of
our
decisions
to
be
sort
of
backwards
compatible
with
Legacy
systems
through
the
toucan
Bridge
are
really
just
attempts
to
serve
the
community
so
that
there
are,
you
know,
credits
and
there's
an
opportunity
for
exchange,
buying
and
selling
kind
of
like
building
a
relationship
and
an
education
and
start
offsetting
pieces.
You
know
I
think
the
debate
on
the
Baseline,
the
baselines.
D
H
Of
them
is
that
the
you
know
that
the
repo
the
guardian
report
is
comes
like
a
year
after
the
process
of
Regen,
following
what
is
in
the
registry
that
the
community
voted
on
right.
So
r
d
is
following
the
guidelines,
as
promised
that
you
know
the
community
said:
let's
have
a
registry
that
grandfathers
in
the
these
existing
Legacy
registry
systems,
Vera
gold,
standard
and
plan
Vivo
of
those
three,
the
only
tokenized
versions
available
to
bring
into
a
Marketplace
still
as
of
this
date
are
toucans
ncts.
H
So
you
know
they're
sort
of
like
there's,
there's
complexity
here
and
I.
Certainly,
you
know
I
think
there's
a
whole
another
really
interesting
conversation
to
have,
which
is
the
one
that
I
really
prefer,
which
is
to
have
a
conversation
that
focuses
on
kind
of
like
setting
up
a
charter
of
principles
and
values
and
encoding
that
so
that
we
can
all
follow,
and
people
can
understand
on
what
like
Beyond,
solid
footing
right
and
I.
Don't
know:
I'll
pause
there.
Hopefully
that's
helpful
in
asking
or
answering
your
question.
H
250
000
credits,
or
so
so
at
current
market
rates,
that's
about
five
hundred
thousand
dollars
and
we
made
the
decision
to
sort
of
seed.
The
marketplace
I'll
note
that
you
know
I,
guess
our
our
financial
exposure
to
City
forest
credits
to
try
to
seat
the
marketplace
is
significantly
higher
than
our
financial
exposure
to
NCT
I.
H
Think
it's
completely
fair
to
ask
the
question
about
you
know
the
you
know
the
multiple
roles
that
r
d
plays
in
the
ecosystem,
I
think
we're
doing
our
best
to
progressively
decentralize,
so
I
think
the
progressive
decentralization
of
different
roles
only
really
works
when
they're,
when
we
can
sort
of
like
spin
out
competent
counter
bodies,
so
I
think
region,
Foundation
is
doing
its
best
and
I
think
you
know
I.
Think
we're
approaching
a
moment
when
registry
sort
of
like
quality
control
is
fully
outside
of
r
d
and
r
d
public
benefit
Corp
in.
H
H
You
could
have
a
different
conversation
about
that,
but
in
other
ways,
I
think
we
I
personally
and
think
this
is
I.
You
know,
like
r
d,
contains
a
multitude
and
one
of
the
policies
that
we
instated
internally,
when
you
brought
up
this
conversation
was
to
kind
of
like
let
people
speak
for
themselves
related
to
their
opinions,
so
that
that
actually
could
give
space
for
this
important
debate.
H
I.
Think,
what's
common
inside
of
r
d
and
I
think
this
is
common
to
the
foundation
and
I
think
this
is
common
amongst
a
lot
of
the
community
as
well,
is
that
we
are
trying
to
create
a
pluralistic
process
where
different
entities
can
manage
their
own
standard
setting,
and
so
you
can
have
a
judgment
around
the
Vera
process.
But
you
have
to
acknowledge
that
there
is
a
process.
There's
a
scientific
process.
H
There's
a
committee
there's
third
party
verifications,
so
it
may
end
in
something
that
you
don't
like,
and
you
may
end
in
something
that
you
don't
give
value
to.
But
if
we
were
to
apply
the
same
logic
that
you're
applying
to
NCT
to
say
a
a
qualitative
indigenous
credit
that
is
rooted
in
ancestral
cultural
knowledge
and
creating
a
symbolic
representation
of
their
stewardship
and
you
or
someone
else
was
to
come
to
them
and
say
this
doesn't
meet
this
AB.
H
You
know
this
criteria
for
quality
right
and
then
squashed
it
and
didn't
allow
it
into
the
marketplace.
That's
personally,
why
I
think
that
specific
piece,
which
is
that
we
want
to
create
a
process
for
people
to
express
what
they
believe
quality,
is
and
bring
it
into
the
market?
We
don't
want
to
create
a
system
where
people
who
have
power
over
each
other
are
smashing
different
standards,
which
is
how
the
current
market
exists,
so
whether
it's
backwards,
compatibility
or
new
Innovative
credit
classes.
H
I
believe
that
that's
that's
the
core
reason
why
r
d
and
and
all
of
the
community
members
that
I
I've
seen
so
far
in
the
Forum
are
coming
out
and
saying
like
hey.
This
is
you
know
like
having
this
standard
in
the
marketplace
makes
sense,
given
that
this
is
kind
of
what
we've
been
talking
about
all
the
time,
so
I've
both
shared
some
transparency,
which
which,
because
I've
been
out
of
the
office
I
haven't
done
in
the
Forum,
but
I'm
happy
to
share
I.
H
Think
it's
completely
fine
for
us
to
be
transparent
about
that.
So
I've
shared
that,
and
hopefully
that,
like
deeper
concern,
which
is
you
know
where
we
think
the
quality
control
in
our
minds,
the
quality
control
is
that
you
can
show
due
process
in
expressing
the
the
quality
definitions
of
a
credit
not
to
meet
someone
else's
quality.
Definitions
of
a
credit
is:
where
is
how
we're
thinking
about
credit
quality.
C
Not
too
much
I
mean
I,
I
agree
with
yeah,
like
a
lot
of
the
things
Gregory
said
and
and
definitely
like,
empathize
and
and,
like
you
know,
agree
with.
You
know
the
some
of
the
things
that
you
brought
up
Thomas
in
in,
like
the
critiques
of
you,
know,
NCT
and
really
you
know
coming
down
to
the
the-
maybe
not
that
necessarily
the
very
methodologies
but
like
the
implementations
of
them
and
kind
of
the
the
negative
externalities
or
the
over
crediting.
That
happened,
but
yeah
I
mean
I.
I.
C
All
of
the
data
will
be
now
native
to
to
regen
and
hopefully
we'll
be
tracking
decision
making
processes.
So
it'll
be
a
little
bit
easier
to
kind
of
upgrade
these
these
processes
over
time.
But
you
know
I
I
think
that
it
it
is.
You
know
important
to
have
these
conversations
and
and
to
point
it
out.
Yeah.
A
Awesome.
Thank
you.
Everybody
great
conversation
today,
Sam,
thank
you
for
being
on
the
hot
seat,
for
so
much
of
the
day,
appreciate
it
and
enlightening
us
about
regen
registry
and
what's
moving
there
stay
tuned
for,
if
you
want
to
keep
track
of
things,
join
our
Discord.
We
also
have
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a
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that
goes
out
once
a
month
that
has
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on
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topics
across
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ecosystem
and
we're
gonna
move
on
with
our
day.
This
is
the
end
of
the
regenerative
NewsHour.