►
Description
Regen Foundation's Will Szal joins David Fortson to explore techs role to “undual” the relationship between people and planet.
A
B
Probably
just
invited
you
up
on
stage
while
we're
waiting
for
Gregory,
I
think
round
out
our
digital
panel
here
I
wanted
to
draw
attention
a
couple
things
or
to
one
thing
at
least
low
Labs
put
up
yesterday,
both
in
Discord.
You
can
find
it
on
our
Twitter
as
well
we're
working
on
a
framework.
We
call
it
the
circular
funding
Dow
an
accountability
Dow
essentially
for
Community
spends
that
would
release
tranches
of
funding
to
approve
Community
spends
based
on
Milestones
met
and
would
love
for
just
some
feedback.
B
It's
in
Commonwealth,
it's
in
on
our
disc,
on
the
regen
Discord
and
just
want
to
get
people's
thoughts.
That
with
that
as
a
kind
of
added
layer
to
governance.
Around
Community
spends
in
particular
to
help
just
ensure
that
any
Community
spends
or
meeting
their
objectives-
and
you
know,
commensurate
funding-
is
applied
evenly
over
time.
So
would
appreciate
that
if
you
could
take
a
look
and
have
a
thought,
but
otherwise
yeah
I
think
today
we're
going
to
kind
of
explore
a
few
different
places.
B
We
were
talking
we're
gonna
talk
with
Austin
he's
got
a
beautiful
piece
on
his
mirror.
Count
has
been
posted
on
regen
Foundation
is,
is
in
his
personal
Twitter
account
around
connecting
the
the
digital
and
ecological
worlds,
to
put
it
very
over
simplified,
but
Austin's
going
to
elaborate
there.
We
also
we're
going
to
talk
about
permissionless
credit
class
creation,
maybe
dig
into
the
technical
side
of
that
as
well.
B
So
we'll
be
doing
a
little
bit
of
a
balance
of
the
two
today
and
well
before
we
get
going,
did
you
have
anything
you
wanted
to
throw
attention
to
or
or
Austin
for
that
matter?
Just
more
broadly
before
we
dive
into
the
topics.
A
Well,
I
guess
one
thing
to
say
is
that
there
was
just
a
conversation
in
the
hour
before
about
a
tokenomics
working
group.
There's
someone
Max
simanchek
who's
from
the
token
engineering,
Commons
Community
who's,
stepping
into
the
course
Steward
role
for
this
tokenomics
working
group
or
what
we
could
call
the
regen
Ministry
of
Economics
to
use
Gregory's
language.
A
So
Max
wasn't
able
to
join
this
call
today,
but
you
should
all
be
hearing
more
soon
from
Max
and
there
should
be
some
more
news
to
share
there
soon
and
the
invitation
for
kind
of
public
engagement
around
some
of
this
token
design.
Token
upgrade
process.
B
B
I
can
also
just
flag
a
couple
things
that
are
moving.
We
are
getting
into
event
season,
everybody
very
exciting,
so
they're
again
we're
we're
starting
out.
You
know
we're
kind
of
some
of
the
regen
Network
development.
Regen
Foundation
teams
will
be
showing
up
in
the
fall.
B
There
are
a
number
of
options
from
the
U.N
General
Assembly
the
climate
week
to
cop
28
in
Dubai,
and
a
number
of
kind
of
sub
events
that
are
related
to
those,
so
just
know
that
that's
on
our
Radars
certainly
would
welcome
feedback
if
you
have
anything
Moving,
On,
Your
Side
from
the
event
perspective.
B
Obviously,
we're
always
looking
to
have
regen
community
members
speaking
at
various
events
and
spreading
the
good
word
and
a
big
shout
out
to
Sarah
baxtendale
from
r
d,
who's
right,
I
think
has
several
presentations
out
in
Europe
right
now,
at
ECC
in
osmocon
and
the
nebular
summit
and
whatnot
and
most
in
most
cases
giving
demos
of
credit
I,
think
around
credit
class
origination
or
groups
module.
B
So
that's
exciting,
where
I
I'm
appreciating
we're
moving
very
quite
deeply
into
actually
demoing
things
versus
just
talking
about
big
pictures,
because
we
have
in-market
working
products
and
now
we're
just
showing
people
how
to
use
them.
So
Gregory
has
invited
you
to
be
a
host.
If
you
want
to
join
us
up
on
stage
makes
so
join
us
when
you
can.
B
How
should
we
start
today?
I'm
actually
open
to
kind
of
the
order
of
things?
I
know
we
do
have
Corey
and
Ryan
here,
and
maybe
we
start
there
Depending
on
time.
That
sounds
good
awesome.
B
So
why
don't
we
start
Greg
will
be
joining
us
in
a
sec
here,
but
Corey
I,
don't
know
if
you
have
the
ability
or
interest
to
come
up.
If
you
do,
you
just
want
to
request
to
speak,
I
did
expect,
extend
the
speaker,
invite
to
you
and
we
could
talk
a
little
bit
about
the
technical
side
of
permissionless
credit
class
creation.
B
D
B
Like
this
works,
greetings,
yeah
great
and
looks
like
Gregory
is
up
here,
so
why
don't
we
Jam
a
bit
on
permissionless
credit
clashing
credit
class
creation,
welcome
to
Stage,
Gregory
I,
don't
know
if
you
want
to
tee
this
up
more
formally,
we
were
just
talking
about
doing
a
one-two
of
the
permissionless
stuff
and
then
moving
over
to
digging
in
with
Austin.
D
You
know
for
for
region,
Network,
customers
and
stakeholders
and
I
think
there's
a
deep
thread
which
connects
to
what
Austin
I
believe
is
going
to
be
leading
us
through
is
which
is
sort
of
an
exploration
of
the
different
types
of
governing
ecological
oracles
as
a
community
process
as
a
Dao
process
and
what
permissionless
credit
class
creation
enables
is
removing
the
bottleneck
that
r
d,
specifically
region,
Network
development,
public
benefit,
Corp,
presents
to
different
communities
defining
their
own
crediting
standards.
D
D
D
But
I
just
wanted
to
call
out
that
there
is
kind
of
this
deep
intersection
with
the
the
work
that
Austin
is
leading
and
the
thought
piece
that
they
recently
published.
And
this
kind
of
present
governance,
conversation
and
network
upgrade.
C
D
Yeah
so
Cory
do
you
want
to
just
kind
of
can
I
pass
the
mic
over
to
you
to
you
know
both
I
mean
I,
think
it'd
be
lovely
if
you
could
give
an
overview
sort
of
from
the
value
proposition
product,
philosophical
lens
as
well
about
what
this
means,
because
I
know
you've
also
been
pretty
passionate
about
this
from
like
what
you
know,
sort
of
like
the
the
network
owning
these
core
processes
and
value
propositions,
but
and
then
kind
of
bridge
that
into
the
the
technical
overview
of
what
does
this
really
mean
that
credit
class
creation
is
becoming
permissionless.
E
Yeah
sure
and
I
also
I,
don't
know
from
my
perspective.
This
is
you
know:
we've
got
this
post
up
on
Commonwealth
now
it's
it's
starting
to
see
some
engagement,
which
is
good,
but
I'd
really
love
to
make
sure
that
during
this
time
or
if
there
isn't
time
for
it
today,
we
find
another
time
where
really
people
can
also
just
be
asking
questions
too,
because
I
don't
know
to
what
extent
folks
have
already
been
reading.
It
maybe
have
some
thoughts.
Some
questions
concerns
ideas,
stuff
that
they'd
like
to
talk
through
with
us.
E
E
Okay,
so
what
permissionless
credit
classes
means
I
think
it's
first
just
worthwhile
to
like
position
that,
alongside
the
context
of
regen
registry
and
make
sure
that
that
people
are
understanding,
what
were
region
registry
is
has
been
evolving
to
basically
be
where
r
d
has
been,
where
our
organization
has
been
putting
our
efforts
into
a
a
rigorous
and
like
sort
of
vetted
program
for
for
partners
wanting
to
engage
in
the
supply
process.
E
So
to
speak,
of
producing
Eco
credits
where
they're
you
know
going
through
a
whole
bunch
of
checks
and
balances
with
our
team,
you
know
we're
coaching
projects
and
methodology
developers
and
through
the
process
of
Designing
what
a
methodology
would
look
like
and
then
also
you
know
just
having
assurances
that
everything
from
like
you
know,
land
tenure
is
being
verified
to
you
know
there
are
legal
agreements
in
place.
All
of
that
stuff,
which
is
really
important
for
the
you
know.
E
That's
kind
of
like
that
that
sort
of
stuff
is
is
pretty
often
in
place
in
the
context
of
voluntary
carbon
markets.
But
what's
interesting
about
regen
network
is
we've
sort
of
paired
that
model
and
just
plopped
it?
E
On
top
of
a
proof
of
stake,
Network,
which
is
a
permissionless
network
where
anybody
who's
holding
the
region
token,
has
sort
of
a
stake
and
a
say
in
the
governance
of
the
network,
and
so
what
the
way
that
that
credit
class
creation
has
been
happening
historically,
is
that
nobody
has
basically
been
allowed
to
engage
in
that
creation
process
unless
they
go
through
a
full
network-wide
vote
to
be
added
to
have
their
wallet
address
added
as
one
of
these
special
addresses
that
can
create
credit
classes
and
instantiate
new.
E
You
know
issuance
bodies,
basically
for
certain
types
of
of
carbon
credits
and
to
date
you
know,
regen
registry
has
been
the
only
body
that
has
applied
and
been
given
access
by
the
community
to
to
basically
be
one
of
those
allowed
credit
class
creators
is
what
we
call
them.
That
model
has
has
has
been
great,
I
think
for
the
past
couple
years.
E
It's
really
gotten
us
off
to
a
start
where
you
know:
we've
seen
sort
of
the
the
first
couple
of
credit
classes
and
and
and
types
of
carbon
credits
that
have
come
on
chain
and
the
soon
non-carbon
credits
that
our
team
has
been
working
on.
Bringing
onto
our
Network
are
all
ones
that
we're
really
excited
about
where
the
bar
is
quite
High
and
where
we
feel
like.
There's
a
lot
of
assurances
in
place.
You
know
legally
and
whatnot
to
make
sure
that
everything
is
done.
E
The
right
way,
et
cetera,
et
cetera,
and
it's
enough
to
say
that
that
those
assurances
aren't
ones
that
always
need
to
be
in
place,
but
in
a
typical
kind
of
proof
of
stake
or
blockchain
permissionless
ecosystem.
You
know
there
is
a
proliferation
of
an
ability
for
other
organizations
and
other
entities
to
kind
of
emerge
with
their
own
kinds
of
standards,
bodies
and
their
own
kinds
of
rules
for
for
what
kinds
of
what
kind
of
safeguards
and
and
agreements
need
to
be
put
in
place
to
allow
for
that.
E
This
sort
of
governance,
gating
functionality
for
the
initial
credit
class
creation
process
and
what
that
would
mean
in
effect
is
that
region
registry
would
still
be
operating
and
everything
you
know
we
we've
been
working
and,
as
you
can
read
in
The
Proposal,
with
all
sorts
of
ways
that
we
would
upgrade
our
user
experiences
to.
You
know
really
make
sure
that,
on
the
front
page
of
everything
are
the
credits
that
are
running
through
our
registry
program.
E
That
we're
assured,
you
know
have
this-
you
know
have
been
through
these
checks
and
balances
that
that
we
think
are
important,
but
that
at
the
network
layer,
it's
probably
the
right
move
to
have
that,
be
something
where
people
can
create
new
new
types
and
new
standards
and
new
protocols
for
issuing
ecological
assets
without
having
to
go
through
a
system-wide
governance
process
just
to
have
their
address
on
the
allow
list,
and
so
that's
what
this
change
is
about.
There's
a
couple
of
other
things
that
you
know
Downstream
of
that
change.
E
E
E
It
personally,
it
kind
of
feels
to
me
that
you
know
if,
if
regen
is
a
proof
of
stake
Network
for
people
to
really
actually
feel
like
as
a
token
holder,
they
have
some
say
in
some
control.
It's
it's
kind
of
it's
close,
but
it's
not
quite
enough
that
the
supply
processes
still
needs
to
go
through
a
governance
process
with
every
new
address
that
wants
to
instantiate
credits
onto
the
network.
And
so
you
know,
I
I
believe
that
this
kind
of
puts
the
the
this.
E
E
Obviously
some
risks
in
that
you
know
we
don't
want
people
to
go
wild
and
crazy,
or
you
know
we're
hoping
that
the
community
takes
this
responsibility
seriously
and
then
we
can
still
have
some
safeguards
in
in
as
much
as
you
know,
burn
fees
that
kind
of
prevents
the
activity.
But
this
is
a
big
move
for
the
community,
and
so
it's
something
that
we
kind
of
really
need
to
be
once
that
folks
feel
kind
of
like
excited
and
and
and
sort
of
yeah
intrinsically
like
this
is
also
the
the
right
direction.
D
So
one
of
the
most
important
I
guess
nuances
that
you're
you're
pointing
to
is
that,
although
there's
a
move
to
not
having
token
holder,
gated
governance
or
token
holders
gate
the
instantiation
of
a
credit
class,
there
is
still
going
to
be
token
holder,
gating
of
credit
types
in
which
there's
a
specific
on-chain
unit,
and
that
this
is
that
discussing
that
and
and
there's
sort
of
like
three
different
possible
directions
that
we
may
go
as
a
community
right
and
and
just
interrogating
that
a
little
bit
and
understanding
the
dimensions
of
that
together
is
important.
D
So
that's
like
one
one
important
Point
I
also
wanted
to
just
bring
up
or
ask
what
is
the
functionality
and
Vision
at
the
intersection
of
I?
Guess:
Eco
credit
module
in
the
group
module
again
kind
of
referring
back
to
the
conversation
with
Austin.
In
that
you
know
we're
not
trying
to
create
a
system
that
has
no
curation
certification
or
quality
control.
D
But
first,
let's
just
talk
through
again
this
credit
type
on
chain,
credit
type
and
the
options
available
to
us
so
option
number
one
is
that,
right
now
in
the
in
the
current
governance
proposal,
we
sort
of
do
an
Omnibus
thing
where
we
we,
if
the
community
wants,
we
both
go
for
permissionless,
credit
class
creation
and
we
sort
of
pre-load
a
set
of
credit
types
Beyond,
just
carbon,
which
is
the
first
one.
D
That's
up
there
and
some
candidates
that
I
proposed
in
the
Forum
were
using
the
Lexicon
of
the
the
Lexicon
working
group's
ecological
benefit
framework.
To
just
say
those
are
the
initial
types
and
maybe
an
environmental
stewardship
type,
which
is
a
a
very
active
and
vibrant
Court
corner
of
the
region.
Network
community,
that's
so
that's
one
option!
Another
option
is
that
we
continue
to
have
governance,
gating
types
right,
so
people
need
to
come
and
sort
of
say.
This
is
why
we
want
this
type
on
chain.
Here's
how
it's
you
know
defined.
D
Here's,
how
it's
going
to
be
sort
of
verified
in
the
types
of
credit
classes
that
are
going
to
be
using
it,
and
the
third
way
is
that
we
choose
a
different
approach
to
preload
than
sort
of
like
one
of
those
you
know
different
and
maybe
more
limited
like
maybe
we
just
Source
from
the
credits
that
we
know
are
coming
through
regen
registry
right
now
right
because
there
is
a
set
of
credits
coming
through
regen
registry,
which
don't
represent
the
totality
of
possibilities,
and
we
just
sort
of
mine
from
those
and
put
those
up
kind
of
saying,
hey.
D
D
Corey
and
I'm
also
just
interested
if,
if
anybody
else
has
questions
both
in
the
audience
and
folks
here
up
on
stage
about
this
specific
point
around
credit
types,
because
I
think
it's
one
of
the
more
important
nuances
that
kind
of
makes
the
shift
to
permissionless
in
a
way
kind
of
incomplete.
Unless
we
approach
it
yeah
in
a
specific
way,.
E
What
is,
can
you
talk
a
bit
more
about
this
lexicon
framework?
I.
Remember
you
mentioning
that
in
your
response
in
Commonwealth,
but
I
I
only
I
saw
a
link
to
the
work
that
Sophia
had
done
in
that
taxonomy,
but
I
don't
know
if
there
was
a
link
to
yeah.
D
I
didn't
have
it:
I
didn't
have
a
link
to
hand.
We
should
ask
Tikka
and
I
could
sort
of
dig
that
up
and
I'll
I'll
sort
of
pledge
to
to
do
a
little
digging
and
make
sure
that
that's
in
the
Forum,
but
essentially
there's
a
there's.
D
A
working
group,
that's
funded
by
bxc,
the
blockchain
X
climate
Group,
which
Dave
and
I
David,
Fortin
and
I
are
kind
of
co-founders
and
regen
is
one
of
the
individual
members
of
and
there's
been
a
process
with
I
like
hundreds
and
hundreds
of
people
working
in
the
domain
of
I.
Guess
you
could
say
broadly
ecological
benefit,
accounting
that
distilled
a
specific
taxonomy
of
ecological
benefits
and
and
the
core.
The
first
draft
of
that
ecological
benefit
framework
came
from
our
the
taxonomy
that
Sophia
created
right,
and
so
it's
it's
sort
of
saying.
D
Hey
here
are
ecological
benefits
and
they're
things
like
water
quality,
air
quality,
carbon
sequestration,
biodiversity
right
and
so
they're
trying
to
create
and
then
sub
sections
of
that
they're
trying
to
create
kind
of
a
universal
reporting
framework
for
ecological
health
benefits
and
so
and
because
there's
just
been
a
kind
of
work
on
it
and
they
kind
of
have
tokenization
in
mind
from
day
one.
D
That's
why
I
mentioned
it
as
a
possible
suggestion
for
where
we
could
basically
be
saying
on
regen.
You
know
those
types
of
ecological
benefits
are
all
types
of
credits
that
you
could
mint
and
that's
essentially
the
the
one
approach
that
we
could
take.
Is
that
helpful
context
for
you,
Corey
and
maybe
for
other
community
members
as
well.
D
D
Would
have
to,
we
would
have
to
presume
units
and
yeah,
we
would
have
to
presume
units
and
and
there's
an
yeah,
it's
an
interesting.
It's
an
interesting
quandary
and
I'm
actually
kind
of
curious.
Why
we
didn't
bake
unitization
into
the
credit
class
structure.
I
mean
I
guess
this
is.
This
is
a
way
that.
D
E
Well,
units
are
units
are
like
it's
like
basically
selected
at
the
credit
class
level,
but
the
the
the
whole
context
of
what
credit
types
are
is
basically
a
way
to
explicitly
say
that
certain
credit
classes
are
related
to
each
other,
because
they're
using
the
same
unit
and.
E
So
I
don't
want
to
say
fungible,
because
fungible
means
that
actually
one
can
exchange
one
of
unit
X
for
another
of
unit
y.
That's
like
I,
think
you
know.
Let's
use
the
analogy
of
like
of
wine,
just
to
say
that
we're
standardizing
on
750
milliliters
doesn't
mean
that
all
bottles
of
wine
are
fungible.
It
means
that
when
I
say
I
have
a
bottle
of
wine,
and
you
say
you
have
a
bottle
of
wine.
D
Got
it
no
that
make
that
makes
sense.
That
makes
sense,
so
it
could
be
fungible,
so
it
could
be.
It
could
be
a
way
that
the
community
programs
fungibility
through
the
basket
module,
but
it.
E
E
Exactly
right,
but
but
basically
it's
a
like
having
two
credit
classes
in
our
current,
like
architecture
having
credit
classes
be
in
the
same
key
of
the
same
credit
type
and
having
the
same
unit
is
sort
of
a
prerequisite
for
those
credits
to
be
used
together
in
the
same
basket
and
therefore
be
fungible
with
each
other.
Now
there
could
be
ways
in
which
we
allow.
We
extend
baskets
to
move
beyond
that,
but
that
would
then
require
like
having
some
weights
where
you
say.
E
D
More
naive,
much
more
naive,
it's
just
a
way
of
exporting
and
creating
exchangeability
instead
of
something
that's
more
advanced,
which
is
like
managing
a
portfolio
of
credits
and
giving
people
a
share
in
that
portfolio,
which
is
a
totally
different
thing.
It's
and
it
moves
that
that
clearly
would
require
responsible
party
and
or
a
decentralized
protocol
that
generates
the
you
know,
index
formula
and
all
these
other
things.
That's
a
big
product
Vision,
which
I'm
sort
of
excited
about.
But
isn't
that's
not
what
we're
talking
about
right
now
for
sure
yep?
D
D
E
D
To
that
so
just
to
be
opinionated
for
a
minute,
a
minute
and
maybe
like
check
and
see,
do
you
have
restraints
about
this
opinion?
My
opinion
right
now
is:
we
should
just
pre-program
in
using
the
tax
using
the
the
taxonomy
that
has
been
generated
for
ecological
benefits,
all
of
the
units
that
we
feel
fairly
sure
are
being
used
or
will
be
used,
and
we
should
just
get
them
up
there
so
that
that's
simple
and
easy
to
use.
D
To
add
and
so
I
don't
think
we
should
try
to
presume
that
I
mean
in
a
way
I
think
it's
good
to
have
a
do,
I
believe
it's
it's
important
and
good
to
have
restraint
and
due
process
around
what
the
the
utility
that
region
Ledger
provides.
I
think
that's
important,
but
I
also
think
we
have
a
super
clear
idea
about,
like
80
percent
of
the
units
that
the
community
is
going
to
be
using
over
the
next
couple
of
years
and
then
the
20
percent,
you
know
there's
a
process
currently.
D
Think
probably
we
want
to
take
a
step
back
and
again,
this
kind
of
intersects,
with
the
conversation
I,
think
Austin's
going
to
be
inviting
us
into,
but
I
actually
think
we
probably
want
to
evolve
the
restraint
or
the
governance
process
around
the
units
to
be
a
group
like
a
council,
that's
like
the
ecological
unit
Council
and
has
a
set
of
stakeholders
who
think
deeply
about
that
and
then
they
can
you
apply
to
them
and
they
get
it
up
on
chain,
but
yeah.
F
D
F
Something
on
the
on
the
Commonwealth
thread
mentions:
making
credit
types
optional
and
I.
Just
don't
think.
That's
been
there's
a
couple.
Other
people
asking
in
the
thread
about
that.
It
hasn't
been
expanded
on
so
I'm
curious
about
that
as
well,
as
you
mentioned,
like
environmental
benefits
and
stuff,
and
what
happens
when
a
project
might
have
multiple
of
those
like
and
are
you
limited
to
one
unit
or
would
you
be
making
like
issuing
multiple
credits
in
that
case,.
E
Maybe
can
I
start
with
the
second
one,
because
I
feel
like
that's
a
bit,
maybe
easier
to
just
take
off
on
its
own,
so
the
the
question
is
around
multiple
units.
Yeah
is
there
another
part
to
that?
Second
question:
right.
D
Where,
where
there's,
where
there's
maybe
a
single
piece
of
property-
and
it
may
be
performing,
it-
may
have
yeah
multiple
benefits,
it
may
have
multiple
benefits
so.
E
Semi-Fungible
units
to
people
so
like
there
is,
at
the
end
of
the
day,
you
know
credit
vintage,
corresponding
to
a
certain
project
that
you
will
have
a
number
of
credits
in,
and
so
that
number
has
to
represent
something.
E
E
You
know
this
is
I
think
where
what
we're
doing
with
most
of
the
cases
related
to
this,
in
our
with
the
for
the
methodologies
that
are
enrolled
in
our
registry,
where
we
would
just
add
that
to
the
credit
batch
metadata
and
it's
part
of
the
mrv
process
and
it's
something
that
would
get
documented
as
such,
and
it
would
be
in
the
metadata
saying
like
oh
by
the
way
in
this
batch.
E
There
was
also
these
kinds
of
measured
co-benefits
and
the
thought
is
I
think
that
that
you
know,
if
you're
a
holder
of
five
carbon
credits
in
this
batch
of
20,
then
you
know
you
also
kind
of
have
you're
not
treating
the
co-benefits
as
an
offset.
E
Those
co-benefits
aren't
on
their
own
separately
like
tradable
assets,
but
there's
something
that
you
kind
of.
Can
you
know
say
you
participated
in
the
financing
of
by
by
holding
and
retiring
the
the
carbon
credits
from
that
vintage,
and
you
would
be
able
to
see
the
measured
co-benefits
at
that
batch
level
shared
amongst
all
credit
holders.
From
that
batch.
E
Pathway
is
one
where
we've
talked
about
in
the
past,
potentially
having
projects
dependent
of
credit
classes
and
right
now,
projects
can
only
be
basically
only
exist
within
the
scope
of
a
credit
class.
So
a
credit
class
issuer
must
instantiate
projects
and
then
can
issue
credits
to
those
projects.
E
E
We
understand
that
to
be
a
like
an
insufficient
architecture
to
our
like
end
kind
of
goals-
and
you
know
have
been
for
a
while
understanding
that
we
will
shift
at
some
point
to
an
architecture
where
projects
are
things
that
can
get
instantiated
on
chain,
probably
in
a
permissionless
way
and
then
can
go
through
a
process
of
applying
to
credit
classes
to
enroll
in
certain
credit
classes,
and
this
way
you
know
if
you
were
a
land
project
and
you
had
some
property
boundary,
you
could
create
a
project
on
chain
representing
your
your
ecological
work
and
you
could
apply
to
a
carbon
credit
that
matched
your
your
ecosystem
type
and
you
could
also
apply
to
a
water
quality
credit.
E
And
then
these
would
each
be
separate
crediting
programs
that
you
would
be
enrolled
in.
You
would
be
receiving
like
totally
separate
credits
from
different
credit
classes
to
your
project
and
in
in
that
case
they
would
be
both
separate
assets
that
could
be
like
sold
independently
of
each
other.
So
those
are
kind
of
the
two
ways
that
we
think
about
like
multiple
benefits.
D
Can
I
can
I
interrogate
that
just
a
little
bit
more
Corey,
so
I
think
there's
a
there's
a
another
way
that
isn't
it's,
like,
maybe
complementary,
with
those
two
ways
of
describing
things,
which
is
that
you
could
also
sort
of
include
in
the
metadata
of,
for
instance,
a
carbon
credit,
both
the
information
about
the
co-benefits,
but
also
potentially
an
agreement
that
if
and
when
you
retire,
the
carbon
credit,
you
could
be
eligible
for
being
dropped.
Sort
of
tokenized
benefits,
Beyond
carbon-
if
that
makes
sense.
D
But
you
could
say:
have
a
Jaguar
Eco
credit
that
includes
any
subsequent
carbon
rights
at
a
certain
percentage
of
the
car.
The
benefits
that
are
generated
by
the
conservation
activity,
that
is,
that
is
anchored
by
monitoring,
jaguar
habitat
Health
population
density,
but
is
noting
that
it
could
also
be
developing
significant
carbon
benefits
and
that,
if
you're,
the
holder
of
a
retired
Jaguar
credit,
you
are
eligible
at
a
certain
percentage
of
issuance
for
a
certain
period
of
time
for
carbon
and
whatever
co-benefits
come
later,
that
are
to
be
tokenized.
E
I
would
I
would
just
add
that
that's
I
mean
I
think
that
that's
that
is
definitely
possible.
It
would
require.
Basically,
if
those
stipulations
were
explicitly
made
in-
let's
say
a
Jaguar
credit
today,
then
you
know
basically
it
it
would
be
a
separate
credit
class,
a
carbon
credit
class
that
would
later
be
sprung
up.
There
would
have
to
be
the
corresponding
project
still
registered
with
that,
unless
we
did
into
this
independent
project
architecture
that
I
was
talking
about,
but
yeah.
E
There
definitely
are
ways
that
we've
envisioned,
that
being
a
process
that
could
start
social
first
and
with
a
with
more
robust
technical
implementations
like
later
so
so.
D
But
I
and
I
just
want
to
say
I
can
think
of
like
three
different
projects
that
want
this
or
are
intending
to
do
this
with
this
sort
of
like
social,
but
agreement
reflected
on
chain
right
in
metadata,
then
moving
to
being
able
to
specify
and
automate
that
which
I
think
I
agree.
D
You
know
that
a
core
part
of
automating
that,
like
hint
hint
Paul,
is
on
chain
projects
and
on-chain
projects
being
able
to
be
linked
to
credit
issuance
at
sort
of
at
of
specific
classes,
and
that,
then
you
know,
then
we
also
get
into
this
sort
of.
Can
you
are
we
creating
functionality
that
allows
credits
to
be
sort
of
assembled
or
aggregated
into
bigger
units
or
disaggregated?
D
And
currently
again,
the
way
to
do
that
which
I'm
describing
is
sort
of
like
chain
adjacent,
which
is
you
could
just
link,
issuances
and
promise
of
issuances
and
have
a
stacked
benefit
approach?
That
kind
of
fits
in
with
I
know
a
lot
of
the
work
that
we've
been
thinking
about
in
open
team,
which
is
this
is
like
stacked
benefit
idea
where
you
may
have
multiple
benefits.
D
I
I
will
say
that
there
is
some
controversy
amongst
the
I
guess:
project
developer
and
standards,
body
Community
around
this
idea
of
being
able
to
disaggregate
and
sell
benefits
to
different
stakeholders
or
or
if
you
should
force
sort
of
a
benefit.
Monopoly
and
like
you
buy
one
benefit
you
get
all
of
them.
You
get
rights
to
all
of
them,
so
just
to
say
that
there
is
some.
D
You
know,
there's
like
debate
on
on
that
and
I
think
I
think
what's
most
important
is
that
we
maintain
clear
lines
of
reporting
around
that
around
who
has
what,
so
that
you
don't
get
essentially
double
counting.
It
does
complexify
our
ability
to
keep
track
of
that
when
you
disaggregate
claims
so
Paul
any
other
questions.
D
I
want
to
be
attentive
to
through
the
next
phase
of
the
conversation
I'm
gonna
give
like
just
a
brief
pause
to
see
if
there's
any
other
audience
members
who
have
kind
of
questioned
specific
to
the
technical
implementation,
details
of
the
existing
credit,
Eco
credit
module
and
how
r
d
is
proposing
to
evolve
the
functionality
or
open
the
functionality
through
the
shift
to
permissionless
credits
and
sort
of
this
specific
sub
topic
around
how
credit
classes
relate
to
credit
types
which
are
also
governance
gated.
D
So
just
giving
a
brief
moment
see
if
people
have
questions,
if
you
want
to
raise
your
hand,
maybe-
and
maybe
if
I
could
just
ask
for
a
little
audience
engagement
if
you
could
use
your
little,
you
know
emoji
button
to
give
me
a
thumbs
up
if
this
you're
tracking,
what
we're
talking
about,
and
it
seems,
useful
and
grounded
and
you're
gaining
understanding
or
a
thumbs
down
if
you're,
like
wow,
I'm
kind
of
confused
right
now,
just
to
give
us
a
sense
of
you
know,
technical
details
and
value
generated
through
the
conversation
cool,
getting
a
couple
thumbs
up
out
there.
D
Thank
you
appreciate
it.
So
with
that,
I
want
to
pass
it
over
to
you,
Austin,
maybe
with
a
brief
sort
of
like
re-looping
of
this,
which
is
to
say
the
idea.
The
core
Concept
in
a
way
of
of
region
network
is
to
create
a
is
to
use
innovation,
Grassroots
Community
governance
at
a
regional
bioregional
scale
to
generate
new
credits
that
have
strong
social
and
scientific
proof
mechanisms
and
to
enable
those
tools
to
be
widely
distributed.
D
It's
maybe
oh,
that's
undermining
the
in
quotes
quality
value
proposition
which,
by
forcing
everyone
through
regen
registry,
is
given,
but,
on
the
other
hand,
there's
something
else
happening
where
we're
trying
to
invite
other
groups
into
defining
quality
on
their
own,
so
that
that
capacity
can
really
Drive
regeneration
and
change
and
I
think
that
that
intersects
really
deeply
with
the
work
that
you're
doing
in
the
thought
leadership
you're
bringing
to
the
community
around
what
are
the
communities
that
are
governing
Dows?
What
are
they
governing?
C
Yeah
I,
it's
it's
serendipitous!
It's
cool
that
the
conversation
around
permissionless
credit
classes
and
this
this
essay
are
happening
at
the
same
time.
I
think
they
definitely
feed
into
each
other,
and
it
would
be
fun
to
like
do
this
sort
of
like
higher
conceptual
discussion,
thinking
not
and
say
higher,
but
like
sort
of
more
abstracted
paired
with
the
technical
as
a
sort
of
a
duet
that
we
do
during
other
news
hours
yeah.
So
what
kind
of
where
to
start?
C
C
So
I
don't
claim
to
like
be
the
source
of
these
ideas,
but
I
see
it
as
a
kind
of
synthesis
of
what
we're
doing,
and
it's
part
of
a
larger
series
that
explores
the
relationship
of
the
economy
and
ecological
systems
and
some
of
the
larger,
like
ethical
paradoxes
that
are
that
are
presented
there
and
that
we
commonly
get
asked
and
discussed
or
people
you
know
present
in
their
in
their
hesitation
towards
engaging
in
this
larger
question
and
I
think
those
those
challenges
that
I
call
in
this
piece.
C
That
are
these
essential
interfaces
by
which
the
living
world
and
what's
happening
with
it,
the
health
of
a
forest,
the
con,
the
degree
of
replenishment
of
an
aquifer
or
whatever
other
sort
of
monitoring
you
might
want
to
describe
how
the
state
of
the
Living
World
informs
Technical
Systems,
whether
it
be
like
credit
creation,
whether
it
be
through
policy
debt
for
nature
swaps.
Anything
that
kind
of
sits
on
top
and
so
I
see
this.
C
This
notion
of
how
these
this
network
of
oracles
is
basically
the
underlying
building
block
for
any
future
legal
policy
or
economic
framework
that
actually
takes
the
state
of
the
living
world
as
an
input
and
I
basically
take
the
long
route
there
by
introducing
Dows
as
effectively
a
continuation
of
the
commons
movement,
but
capable
of
doing
some
really
cool
things
that
start
to
blur
the
lines
between
agencies
agency,
but
between
people
and
humans
and
non-humans
or
personhood,
can
be
for
not
just
human
beings
and
that,
in
effect,
what
we've
described
as
Commons
to
date,
which
could
be
considered
an
old
concept,
although
they've
basically
been
eradicated
and
fenced.
C
So
we've
got
biophysical
Commons
like
trees
and
leafy
stuff,
and
then
we
have
these
data
Commons,
which
is
effectively
ecological
States.
And
so
what
are
those
entities
that
Steward
both
their
hybrid
digital
ecological
systems
and
I?
Think
that
that
entity
is
an
incredible
application
for
doubts
and
I
think
that
we
should
be
talking
about
Dao's
as
basically
an
extension
of
the
commons
and
that
I,
basically
spoof,
that
web-based
communities
have
been
around
forever
in
any
web-based.
Community
is
effectively.
C
You
know
like
an
ecosocial
set
of
relationships,
so
the
original
web-based
communities
were
Commons
and
and
yeah
that
drives
on
top
of
all
this
other
stuff,
and
it's
certainly
the
substance
of
what
we
explore
at
the
foundation
about
how
to
build
that
capacity.
C
But
they
just
to
kind
of
conclude
this
introduction,
like
when
I
describe
Dao's
two
regenerative
communities
within
indigenous
Nations
within,
like
broadly
land
stewards,
I,
always
begin
with
the
notion
of
it's
effectively
a
Commons
that
works
with
the
data,
the
information
about
the
environment
on
top
of
it,
and
so
you
Steward
both
of
them
and
it
clicks
immediately
for
people,
and
so
it's
kind
of
come
out
of
that
time
tested
pattern
of
explaining
Dao's
in
the
field
many
times
over
and
I'll.
Just
like
stop
there
in
case.
D
Yeah
I
mean
I'd
love
to
kind
of
just
ask
a
couple
questions
to
to
draw
out
some
dialogue
here.
D
So
one
question
that
that
emerges
listening
to
this,
which
is
really
exciting
to
hear
your
articulation
or
re-articulation
of
kind
of
the
the
this
like
meta
structure
of
that
length,
governance,
Commons
governance,
specifically
to
you,
know
our
mission,
I'm
I'm,
wanting
to
link
like
kind
of
like
re-weave,
that
down
to
technological
specifics,
again
kind
of
with
the
provocation
that
region
Ledger
itself
is
a
commoning
tool
and
the
governance
processes
we're
going
through
are
to
upgrade
and
Steward
this
tool,
which
is
itself
a
digital
Commons
to
be
used
for
specific
communities
to
govern
their
biophysical,
Commons,
and
so
we're
having
this
conversation
right
now
about
the
shift.
D
D
I'm
I'm
curious
about
you
know
what
happens
where
does
your
mind
go
when
we
think
about
this
conversation
through
the
commenting
lens
the
specific
conversation
about
what
are,
for
instance,
what,
if
any
units
do
we
pre-load
or
do
we
maintain
a
restraint
that
people
need
to
go
through
in
all
Community
governance,
or
do
we
focus
on
innovating,
a
new
governance
structure
around
that
type
of
question?
So
that's
number
one
and
also
just
like
so
that's
sort
of
the
first
dimension
of
the
question.
D
The
second
dimension
of
the
question
is:
how
close
are
we
with
the
group,
module
and
Eco
credit
module
basket,
module
type
kind
of
current
region,
Ledger
functionality
to
having
what
we
need
for
minimum
viable,
biophysical
and
sort
of
digital
knowledge,
wisdom,
governance
for
ecological
for
communities,
engage
in
ecological
stewardship
to
be
stewarding,
producing
in
producing
ecological
value
like
how
close
are
we
with
the
existing
tool
set?
What
are
the
what's
the
Gap
that
we
still
have
just
kind
of
describing
that
a
little
bit
I
think
would
be
really
useful.
C
D
Yeah
Corey
you're
breaking
up
for
me.
A
little
Austin
still
came
through
loud
and
clear,
so
I,
don't
know
what
I
think
Corey's
having
connection
issues
Maybe.
C
C
You
know
like
to
ground
the
language
around
credit
classes
and
like
proof
of
regeneration
and
the
units
and
the
and
the
credit
types
and
things
like
that
to
some
of
the
language
and
the
piece
in
specificity
has
to
do
with
this
really
kind
of
pivotal
idea
from
the
essay
that
has
to
do
with
ecological,
State
and
States
like
to
describe
what
the
state
of
something
is
and
that
the
state
of
of
of
a
ecosystem
is
a
deterministic
thing
that
it's
like
not
ambiguous,
what
it
is
and
it's
it
has
memory
it's
composed
of.
C
What's
happened
as
events
in
the
past
and
that
any
kind
of
like
like
unit
or
credit
type
or
credit
class
is
and
is
in
effect,
sort
of
an
articulation
of
ecological
States
and
that
these
Commons
are
stewarding
like
a
dynamic
but
accurate
depiction
of
ecological,
State
and
and
that
maps
on
really
nicely
to
thinking
about
how
I.
C
As
a
as
an
on-chain
native
entity,
we
can
talk
about
credit
types
or
credit
classes,
and
so
I
think
that
the
larger
questions
like
every
time
in
answering
these
questions
I
think
we're
going
to
get
met
with
like
well
by
it
should
be
by
regionally,
driven
and
and
probably
to
the
end
that
there
is
a
handful
I
mean
like
I,
think
the
top
has
to
to
touch
the
the
the
bottom
like
from
the
Grassroots
has
to
touch
like
sort
of
the
more
structured
like
ordered
element
of
this
equation,
which
is
that
there
are
certain
units
that
people
understand
as
legible,
like
they're
charismatic
or
they
have
appetite
within
the
like.
C
You
know
the
green
economy
or
the
regenerative
economy,
and
so
when
you're
talking
about
pre-loading
unit
types
and
things
like
that,
like
I,
think
that
it
should,
you
know,
default
reflex
answers
that
should
be
bioregionally
governed,
like
we
say,
with
almost
everything
at
Region,
but
at
the
same
time,
keeping
in
maybe
not
quite
answering
your
question
but
like
spicing,
it
up
it'd
be
like
what
units
do
people
identify
with
and
relate
to
as
a
meaningful
reflection
of
ecological
State
as
a
meaningful
index
of
ecological
well-being,
and
we
should
probably
pre-load
baskets
Etc
with
units
and
and
ecosystem
benefits
and
credit
types
that
are
legible
to
people
as
that
they
understand
like
on
an
intuitive
level
like
through
the
biophysical
functioning
of
Earth,
that
those
are
accurate
Reflections,
but
that
they're
also
dare
I
say
like
likable,
because
accessibility,
socially
and
like
Charisma
is
still
a
part
of
this.
C
Is
that
like
communities
should
in
in
a
permissionless
credit
class
issuance
scenario,
I
would
imagine
communities
will
be
developing
credit
classes
that
they
identify
with
that
aren't
just
like
ecologically
or
bioregionally
relevant,
but
that
is
a
certain
reflection
of
an
identity
like
there's
a
historical
relationship
and
that
those
elements
of
the
equation
I
think
we
can't
like
undersell,
because
ultimately,
in
this
purchase,
should
this
larger
process
like
make
it
to
being
a
credit.
That,
then,
is
on
a
Marketplace.
C
That's
then
purchased
like
there's
a
relationship
around
mutually
held
value
of
what's
important
and
that
that
unit
is
an
expression
of
that
or,
as
we
might,
as
you
might
say,
regularly
like.
This
is
a
unit
of
right
relation
that
resonates
with
people
and
so
there's
an
interesting
Confluence
of
this
sort
of
scientific
Dimension.
The
scientific
rigor
of
it
was
also
a
sort
of
identity
politics
and
how
people
access
what
are
reflections
of
right
relation
according
to
them,
and
so
I
wonder
how
we
would
preload
with
accurate
reflections
of
scientific.
C
You
know
like
regenerative
ecosystem
management,
while
also
really
supporting
this
permissionless
credit
class
process
to
support
buyer
regions
and
communities
to
create
credits
that
like
represent
them
and
I.
Think
that's
like
essential
in
talking
about
a
purchaser
and
an
originator
relationship,
so
I'll
just
put
that
out
into
the
air.
Maybe
Corey's
connections
improved
or
somebody
else
wants
to
jump
in.
E
So
I
was
going
to
speak
a
little
bit
just
to
the
technical
side,
because
Gregory
you
were
asking
to
what
extent
we
have
the
tools
or
the
tools
that
we
have
today
serve
the
purposes
of
what
Austin's
talking
about,
and
you
were
mentioning.
Oh,
the
the
current
way
that
we
have
the
Eco
credit
module
and
the
groups
module
I
actually
feel
like
with
what
I'm
hearing
from
Austin
it
kind
of
starts.
E
It
may
start,
first
with
a
deeper
look
at
people
engaging
directly
with
some
combination
of
the
group's
module
and
the
data
module
I.
F
E
If
what
we're
talking
about
here,
you
know
is,
is
starting
with
this
idea
of
how
oracles
engage
with
the
system
or
how
truth
making
sort
of
lands
on
regen
Network.
What's
really
beautiful
about
at
least
the
current
instantiation
of
the
data
module?
Is
it
also
comes
with
this
response?
You
know
we.
Currently
we
currently
have
a
built-in
assumption,
like
you
know
you
also
in
in
anchoring
data
on
shame
and
in
signing
it,
you
also
need
to
be
pointing
to
where
that
data
is
being
hosted.
E
So
you
know
it's
not
just
that
someone
needs
to
make
a
statement,
but
someone
also
has
to
kind
of
take
responsibility
for
making
that
data
in
its
full
or
in
partial
form.
You
know
ex
accessible
to
a
broader
community
and
to
the
public,
and
you
know
that
is
something
just
to
be
clear.
You
know
whether
it's
the
initial
anchoring
of
data
on
chain
or
you
know
adding
different
attestation
signals
to
it
is
stuff
that
not
just
can
be
done
by
individual
addresses,
but
you
know
can
be
done
by
group
accounts.
E
So,
to
what
extent
you
know,
people
do
want
to
be
forming
councils
forming
groups
forming
different
kinds
of
decision
making
structures
for
nested
ways
of
coming
to
consensus
on
you
know,
truth
on
ecological
State
and
registering
that
on
an
Network
like
those
tools
are
100
there.
E
You
know
we're
we're
still
a
bit
from
saying
that
they're,
like
100,
available
to
the
end
user,
but
in
terms
of
on-chain
network
functionality,
they
are
110
there
and
I
would
love
to
see
projects
engaging
with
that
and
in
like
in
my
mind,
one
way
that
I
would
love
to
see
this
stuff
develop
is
like,
if,
if
you
have,
you
know
robust
communities
that
are
developing
their
own
protocols
and
governance
structures
for
just
purely
that
that
kind
of
ecological,
State
layer
and
you
know
sense,
making
and
registering
that
on
chain.
E
You
can
then
have
Downstream
of
that
credit
designers,
taking
that
that
previous,
like
ecological
state,
by
maybe
a
different
group
or
a
different
entity,
or
a
different
Community
as
one
of
many
inputs
into
a
crediting
process
and-
and
you
know
that's
where
the
real
Beauty
in
my
view
of
region
Network
comes
to
shine
through-
is
when
you
know
you
do
have
a
rich
of
enough
ecosystem.
Where
there's
all
sorts
of
stuff
happening
at
the
data
layer,
then
then,
actually
each
crediting
process.
You
know
someone
has
a
credit
class
designer
or
a
methodology.
E
Developer
can
be
thinking
not
just
about.
You
know
their
own
bespoke
way
of
tailoring
an
mrv
process
to
the
landscape
that
they're
working
with
and
and
and
the
land
management
practices,
but
also
you
know
thinking
through
what
ways
they
want
to
engage
with
the
already
existing
plethora
of
data
that
you
know
is
already
coming
to
different
levels
of
community
consensus
on
the
network.
D
Great
well
I
I
we're
just
moving
past
the
12
p.m,
Eastern
and
whatever
time
in
whatever
time
zone
our
friends
are
listening
from,
which
is
which
marks
the
one
hour
point
of
the
regenerative
NewsHour.
So
I
just
want
to
presence
that
I'm
going
to
need
to
hop
off
into
the
rest
of
my
day.
D
I
think
this
has
been
a
very
Dynamic
and
interesting
conversation
and
yeah
I
really
appreciate
Corey
you
hopping
on
and
sharing
kind
of
the
technical
thinking
and
Precision
around
what
this
governance
process
around
permissionless
credit
classes
is
really
entailing,
and
what
some
of
the
important
discussion
points
are
for
the
community
and
Austin
I
really
appreciate
you
continuing
to
kind
of
invite
us
into
the
kind
of
the
structure
of
thought
around
the
the
what
and
the
why
of
how
the
what
we're
doing
is
informing
on
the
ground,
regeneration
and
the
relationship
between
that,
and
you
know
where
we
are
at
the
moment,
with
the
with
both
the
technology
and
the
kind
of
piloting
of
things.
D
So,
thank
you
both
and
thanks
to
everybody,
Paul
thanks
for
hopping
up
with
your
question
and
Dave
for
hosting
and
will
for
being
up
here
with
us
and
everybody
else
for
listening.
So
I
think
with
that
we'll
probably
close
out
the
the
day
and
reconvene.