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From YouTube: Regenerati News Hour August 3, 2023 $REGEN Tokenomics
Description
Community discussion around the future of $REGEN tokenomics and a recap of Regen Network participation in recent ReFi and DeFi events in Paris, France.
A
A
D
A
B
That's
fantastic
well,
similarly,
I'm
feeling
pretty
good
too
it's
Santa
Barbara
West
Coast
summer.
What
the
ocean
water
is
quite
warm
and
it's
one
of
the
big
celebrations
in
our
town
this
week
called
Fiesta,
which
is
fun
so
yeah,
I'm,
feeling
and
I'm
feeling
pretty
bullish.
Region's
got
really
exciting
stuff
moving
right
now
and
it's
going
to
be
a
really
big
fall,
so
I'm
pretty
pumped
up
for
the
energetic
field
around
the
network.
Right
now,
I
think
it's
an
exciting
space,
hey
Max!
B
If
you're
out
there
make
sure
you
are
using
your
phone
for
Twitter
or
is
or
ex
or
whatever
we're
doing
here
and
then
I
can
bring
you
up
to
come
speak
you
can
request
to
speak
or
I'll
extend
an
invite
which
I
have
already
but
I'm
guessing.
You
haven't
seen
it
yet,
but
would
love
to
have
you
up
here
and
also
our
I
want
to
say
hello
to
our
other
co-hosts
Sarah,
baxendale,
Bax,
gallivanting,
around
Paris
and
other
places?
B
E
E
Quicksilver
lots
of
really
deep
connections
and
just
really
authentic
conversations
about
where
the
industry
is
at,
where
climates
at
where
blockchain
is
at
really
emerged
under
all
of
the
beautiful
Portuguese
sunlight,
because
it's
very,
very
bright
in
in
Lisbon
for
anyone
who's
been
there
before
and
then
I
went
to
Paris
for
a
whirlwind
of
events.
All
related
to
you
know
everything
from.
E
So,
to
give
some
folks
like
a
couple
of
cool,
highlights
from
the
journey
I
spent
a
lot
of
time
at
funding
the
commons,
which
is
really
cool.
It's
sort
of
like
a
more
ethereum
Vibe,
more
Dow
public
goods,
the
commons,
refi
kind
of
a
Vibe
and
really
just
found
amazing,
creative
Kindred
Spirits.
All
across
that
particular
event.
You
were
talking
about
participatory
governance
models
and
how
do
we
actually
make
climate
impact
happen
on
chain?
And
what
do
we
do
about
data
standards
like.
F
E
Very
much
the
conversations
that
we
have
you
know
in
region,
Network
every
single
day.
I
also
had
the
privilege
of
going
to
a
lot
of
the
cello
refi
events.
I
finally
got
to
meet
our
dear
friends
at
Toucan
protocol
in
person,
our
old
friends,
from
clean
it
down
in
person
and
filecoin
green
and
lots
of
other
folks
and
was
able
to
spend
a
ton
of
time
really
just
like
sitting
down
with
people
and
talking
about
how
we
all
work
together,
how
we
get
carbon
across
all
the
chains.
E
E
B
Well,
and
maybe
Sarah,
just
a
follow-up
I
mean
what
what
is
how
you
know
again:
we've
been
in
the
cosmos
ecosystem
for
quite
some
time,
and
you
ran
a
lot
of
cosmonauts
one.
What
is
your
sense
of
the
health
of
the
cosmos
ecosystem
right
now
and
the
excitement
level
and
also
like,
where
do
people
see
regen
I
mean
again
I'm
not
looking
for
Rosy
rose-colored
glasses
here
but
like
how
do
they
view
regen
Network
right
now,
and
what
do
you?
E
G
E
We're
one
of
the
only
groups
with
really
authentic
real
world
use
cases,
so
it's
definitely
open
arms
for
team,
regen
and
Cosmos,
and
there's
also
this
incredible
respect
for
our
team
having
been
the
lead
maintainers
and
the
original
architects
of
the
cosmos
SDK
every
time
I
brought
our
cto's
name.
Aaron
craley
is
up
the
legend
of
Aaron.
E
Everyone
immediately
looked
around
with
extraordinary
excitement,
thinking
he
was
there,
which,
unfortunately,
he
was
not
there,
but
there
is
definitely
a
a
really
deep
appreciation
for
the
infrastructure
development
work
that
we
did
as
a
public
good
for
the
entire
Cosmos
ecosystem
and
a
lot
of
the
excitement
about
what
it
could
look
like
for
us
to
have.
You
know
really
leading
real
world
use
cases
in
the
cosmos
and
then
I.
You
know
I
think
in
an
opportunity
level,
there's
a
big
Trend
across
the
entire
Cosmic
ecosystem.
It's
really
this
conversation
around.
E
What
does
The
Interchange
really
mean,
and
ultimately
the
inner
chain
is
a
technical
concept.
That
means
all
the
chains
can
connect
that
it's
been
a
concept
really
isolated
inside
of
Cosmos
itself
in
the
200
and
some
app
chains.
You
know
that
are
interoperable
within
what
we
call
the
cosmos,
but
is.
H
E
E
At
the
end
of
the
day,
there
are
no
bounds
in
ecology
other
than
the
change
of
an
ecosystem
from
one
Esco
system
to
another
ecosystem
environment.
We
have
this
opportunity
when
we
really
look
at
what
does
it
mean
to
make
climate
impact
using
blockchain
there's
so
many
different
versions
of
that
happening
in
so
many
different
technical
ecosystems,
and
what
we
really
need
is
to
be
able
to
interact
with
those
ecosystems
coordinate
with
those
application.
B
A
F
A
Yeah,
it's
beautiful,
well,
I
I!
Will,
thanks
for
hopping
up,
I
thought
it
might
be.
Nice
will
before
we
dive
in
with
Max,
for
you
to
just
give
a
little
bit
of
a
context
and
reminder
of
the
process
sort
of
the
community
side
of
the
process
that
that's
that's,
culminating
in
Max,
stepping
in
and
kind
of
introducing
himself
now
and
leading
a
process.
G
You
don't
have
like
a
final
tokenomics,
it's
a
an
ongoing
process
of
evolution,
and
so
we
had
a
conversation
that
opened
up
last
last
fall
with
block
science
and
that
that
specific
project
didn't
end
up
coming
to
fruition.
Our
our
lead
contact.
There
took
a
c
CTO
job
elsewhere,
but
that
led
to
a
request
for
proposals
that
went
up
and
then,
when
I
was
in
Austria
for
the
Kofi
gathering
this
spring.
G
At
the
crypto
Commons
associate
with
the
crypto
Commons
Association
I
got
to
spend
some
time
with
some
other
block:
science,
team
members,
Jeff
Emmett
and
Jessica
zartler,
and
they
said
hey.
We
have.
We
have
somebody
in
our
Network
this
guy
Max
who's
come
from
the
token
engineering
Commons,
who
would
be
a
great
person
to
Steward
a
tokenonymous
Dao
for
regen,
so
the
the
kind
of
current
place
we
are
in
the
process.
G
Right
now
is
in
this
Progressive
decentralization
process
that
we
mapped
out
in
the
white
paper
of
going
from
one
or
two
entities
at
the
core
of
the
region:
Network
ecosystem
to
a
proliferation
of
many
different
groups,
each
stewarding
in
different
aspect
of
the
ecosystem,
So
Max,
is
coming
in
to
head
up
this
tokenomics
down.
So
that's
that's
the
basics.
A
So
we're
really
excited
that
Max
is
leaning
in
and
kind
of
yeah
taking
the
lead
to
to
run
this
process
from
here
on
out,
and
so
with
that
on
Max.
Do
you
want
to
just
give
introduction
to
yourself
and
just
start
there,
and
then
we
can
get
in
a
little
bit
to
how
you're
envisioning
the
process
moving
forward,
and
we
can
kind
of
dialogue
a
little
bit
and
maybe
folks
who
are
interested
can
also
pop
in
and
ask
questions.
F
Like
activism,
communities
participated
in
the
government
policy,
so
yeah
I'm,
trying
to
bring
all
this
experience
and
also
passion
about
the
ecology,
I
started
to
like
develop
in
the
last
years.
So
it
comes
all
nicely
together
as
to
the
process.
So
far,
we
are
like
setting
up
administrative
questions
about
like
the.
H
F
F
We
had
a
discussion
about
having
some
meaningful
result
in
terms
of
like
to
economics
model
in
the
next
three
months
and
in
terms
of
the
nearest
deliverables,
is
some
form
of
executive
summary
outlining
the
Logics
of
this
group,
especially
for
founders,
but
with
that
we
also
are
looking
into
different
proposals.
We
got
and
businesses
and
asset
managers
and
in
general
for
reciting
the
Trends
on
the
market.
For
for
that
economics
model
yeah,
that's
a
brief
state
of
things.
A
A
So
the
sort
of
content
and
process
are
the
two
levels
of
conversation
that
I'm
excited
to
dig
into
and
again
definitely
invite
folks
who
are
listening
to
hop
on
and
engage
if
you
have
opinions
or
ideas,
and
also
would
remind
everybody
that
there's
conversations
in
Commonwealth
about
this,
and
obviously
this
is
going
to
pick
up
as
we
get
going.
This
is
kind
of
consider
this
introduction
to
to
Max
and
this
process
kind
of
I
think
we're
also
going
to
be
digging
into
this
on
next
week's
Community
call
in
a
little
bit
more
detail
I'm.
H
A
D
A
Wonder
max
if
I
can
kind
of
ask
you
in
your
mind
and
through
your
experience
with
trusted
seed
and
just
your
Vantage
Point,
looking
at
this
from
a
product
perspective,
what
are
the
ideal
processes
that
we
should
be
thinking
of
in
order
to
sort
of
generate
a
token
economics
upgrade
and
so
yeah?
So,
let's
start
there
and
then
I'll
dig
in
and
I've
got
a
bunch
of
other
questions
just
to
you
know
to
dialogue
with
you.
So
what
are
your
thoughts
about
that?
What
are
ideal
processes
and
what
does
that
process?
F
Well,
as
a
starting
point,
of
course,
it's
like
a
systemic
issue,
so
we
should
use
systemic
instruments
like
basic
plan
to
act,
reflect
cycle
and
does
some
kind
of
General
cycles
of
the
economy.
We
should
take
in
mind
because
currently,
of
course
like
this
year
and
last
year,
I
was
like
down
downside,
Trend
and
thus,
whatever
we
test,
you
know
we
should
be
I,
think
clear
about
which
kind
of
metrics
you're
trying
to
affect.
F
So,
of
course,
everybody
thinks
about
the
token
price,
but,
as
I
mentioned,
like
maybe
liquidity,
token
value,
locked
or
monthly
active
users
or
something
like
we
will
probably
go
about
like
with
some
build
and
some
hypothesis
about
what
is
the
current
state
and
the
Trends
on
the
market,
which
is
the
desired
State?
What
is
the
mechanism
going
there
and
that's
what
kind
of
metrics
we
will
try
to
affect
with
this
new
economy?
So
so,
then,
we
can
also
validate
its
results,
and
this
might
be
done
like
in
some.
F
A
Great,
what
so,
what's
the
role
of
modeling
I
know
that
the
token
engineering
Commons
and
you
know,
block
science
and
other
folks
like
place
a
strong
emphasis
on
having
a
working
model
so
that
people
can
see
you
know
a
simulation
of
the
economy
and
then
make
decisions
is
one
of
our
first
steps
to
create
like
a
cad,
CAD
model
or
yeah.
Just
what
are
your
thoughts
on
on
the
role
of
modeling
in
this
kind
of
rhythm
of
assessment,
reassessment,
upgrading
and
decision
making.
F
F
Yeah
as
much
as
I'm
inspired
about
this
novel
tool,
so
I'm
currently
like
again
I'm
have
some
time
in
the
space,
but
learning
and
understanding
the
network
as
this
takes
some
time.
But
when
doing
that,
it's
still,
you
know
like
a
long
way
to
go
and
also
some
basic
assumptions
about
it
should
be
tested
and
many
stakeholders
should
be
consulted.
So
this
kind
of
cool
techy
work
would
probably
come
closer
towards
the
end.
A
And
you're
sort
of
describing
an
arc
and
a
process
of
learning.
You
know
both
both
your
own
learning,
but
also
it
sounds
like
the
community
and
different
stakeholders
learning
and
growing
the
capability,
their
own
capability
to
send
understand
the
system.
The
levers,
you
know,
checks,
balances,
opportunities,
weaknesses
and
sort
of
it's.
Both.
You
know
like
from
what
you're
describing
the
process
is
both
to
achieve
an
outcome,
which
is
a
better
token
economics,
but
also
to
achieve
a
higher
degree
of
understanding
amongst
the
stakeholders.
Is
that
kind
of
true
to
how
you're
envisioning
the
process.
F
Yeah,
of
course,
and
even
what
does
it
mean
the
battle
tokenomics,
because
we
would,
we
could
say
that,
like
many
investors
desire
like
high
token
price,
but
one
of
the
main
features
of
our
economy
is
described
in
the
white
papers
that
we
should
reward
the
ecological
outcomes
you
know
so
them
finding
the
right
balance.
You
know
of
the
token
like
changes
and
basically
the
outcomes
in
the
ecology
linking
that
into
model
that
would
make
sense
to
Major
like
players
in
this
would
create
this
vision
of
what
is
the
right
model.
A
You
know
the
vision
is
outlined
in
the
white
paper
and
I
think
what
gets
most
of
us
up
out
of
bed
in
the
morning
to
be
working
on
all
of
this,
so
it
very
much
is
yeah
I'm
very
excited
about
the
the
sort
of
a
non-linear
complex
approach
where
we
are
aiming
to
to
experiment
and
iterate
towards
that
linkage.
Evolving,
but
we're
not
assuming
that
we
get
this
like
direct
causal
binary
thing,
I'm
very
wary
of
those
sorts
of
token
economic
systems
where
it's
like
super
linear.
A
So
anyway,
content
hat
off
I'm
curious
what
you
think
about
that
sort
of
I'm
sort
of
making
a
set
of
sharing
a
set
of
opinions
that
I
have
that.
Maybe
other
people
have
as
well,
but
maybe
not
I
mean
that's
a
maybe
an
interesting
place
for
debate
is
like
how
directly
do
we
make
that
linkage
and
what
is
the
consequence
of
of
a
linkage
like
that
in
how
the
network
function
functions.
A
Yeah
I
would
love
to
have
anybody
hop
up
here.
This
is
not
just
the
usual
suspects
talking.
You
know,
I
think
there's
going
to
be
a
great
process
that
we
evolve
over
time,
and
so
this
isn't
the
this
isn't
the
last
time.
Nor
is
it
really
the
first
to
get
your
opinion
in,
but
please,
if
folks
have
have
ideas
that
they'd
like
to
share
either
in
the
process
or
on
the
sort
of
like
content,
you
know
like:
what's
what
should
be
our
goal
or
are
there
some
specific
mechanisms?
You've
already
been
thinking?
A
You
know,
I
know
that
at
the
r
d
region,
Network
development
public
benefit
Corp,
like
inside
of
our
context,
where
we're
really
focused
on
supporting
people
to
to
use
regen
ledger
to
generate
Eco
credits,
there's
kind
of
a
a
short
list
of
upgrades
that
we're
excited
to
kind
of
like
throw
into
the
mix.
You
know
things
like
linking
like
I'm
personally
excited
to
to
be
exploring
the
potential
of
putting
bonds
up
for
credit
class
creation
as
a
sort
of
quality
assurance
mechanism
where
you
can
sort
of
stake
a
credit
class
as
it
were.
A
You
know
in
order
to
achieve
that,
of
course
you
need
to
have
clear
parameters
and
kind
of
you
know,
in
quote
social,
slashing
mechanism
where
you
know
that
bond
gets
slashed
under
certain
super
specific
conditions
and
the
people
who
review
that
are
neutral
anyway.
There's
a
bunch
of
conditions
that
that
requires,
but
that
kind
of
idea
the
idea
of
burning
regen
when
Eco
credits
are
minting
to
create
a
little
bit
of.
A
Are
things
that
just
sort
of
narrating
that
r
d
has
been
thinking
about
and
has
some
you
know,
information
about
what
we're
seeing
and
how
things
are
using
to
push
into
the
process
that
Max
is
leading
I'd
be
curious.
If
other
people
have
you
know
specific
ideas
that
they've
been
thinking
about
and
I
see
a
few
folks
who
I
know
do
sort
of
have
thoughts,
I,
don't
know
you
know
who's
on
phones
versus
who's,
on
computers
and
just
listening
in
and
how
passive
folks
want
to
be.
But
I
would
certainly
welcome.
A
A
A
A
E
E
You
know
what
I'm,
long-standing
independent
Network
member
as
a
human
I'm,
really
excited
to
reflect
the
economy
of
marketplace
transactions
having
fees
on
buyer
seller's,
side
really
showcasing
the
true
economy
of
that
particular
product
and
I'm
also
really
excited
to
start
telling
this
narrative
between
the
value,
the
financial
value
of
the
hectors
of
land
regenerated,
because
when
you
start
to
have
a
conversation
about,
you
know,
there's
15
million
hectares
of
land
as
projects
using
the
tools
of
the
network,
they're
issuing
carbon
and
biodiversity
assets.
Those
are
real
world
Commodities.
E
They
have
real
world
values
associated
with
them
on
a
per
credit
basis.
If
you
multiply,
the
math
up,
I
mean
you're
talking
about
the
end
of
this
year,
of
having
25
or
30
million
dollars
worth
of
financial
Commodities,
utilizing
the
tools
of
region
Network.
It's
actually
really
a
significant
scale
of
use
of
the
tools
and
scale
of
the
community
impact
on
the
land
and
being
15
million,
plus
hectares,
and
so
part
of
my
brain
being.
E
Finance
background
goes
to
the
economy
and
the
communication
of
the
economy,
and
then
part
of
my
brain
goes
over
to
thinking
about
things
like
how
do
we
distribute
the
value
of
the
network
across
the
decentralized
group
of
players?
You
know
how
do
we
form
on
a
protocol
level,
different
dowels
for
different
functions
for
marketing
and
token
economics
and
Marketplace
maintenance
and
all
the
pieces
of
the
network
that
need
to
have
value
flowed
to
them
in
order
for
them
to
be
effectively
financially
supported
enough
that
we
can
keep
things
maintained,
we
can
upgrade
things.
E
E
All
at
once,
because
we're
all
really
a
pile
of
Specialists
with
completely
different,
still
sets
that
are
kind
of
banding
together
and
trying
to
find
the
flow
of
tools
and
systems
and
processes
that
will
ultimately
lead
to
ecological
regeneration.
So
I
get
excited
for
the
point
when
there's
a
lot
more
incentivization
to
inspire
a
lot
more
participation,
because
that's
really
what's
going
to
catalyze
action
on
a
lot
of
different
levels
that,
ultimately,
you
need
a
whole
community
of
people
with
different.
C
E
Sets
and
ideas
and
perspectives
to
be
incentivized
to
leaned
in
in
a
really
distributed
way
to
succeed
over
time
and
for
I
mean
network-wide
resilience
so
I'm
my
brain
hops
around
with
these
topics
and
gets
really
excited
about
tooling
and
defecation,
and
participatory
governance
models
and
distributed
systems
of
decision
making
and
design.
So
I'm
just
really
excited
to
see
where
we
all
collectively
design
in
this
space
together,
and
you
know
where
that
can
take
us,
because
I
think
it
will
be
really
empowering
to
create
more
spaces
of
connection
and
participation
in
the
system
at
Large.
D
Thanks
doing
well
yeah
good
to
be
on
with
you
all
yeah,
it's
an
interesting
discussion
and
you
know,
along
with
the
permissionless
upgrade
or
the
path
to
permissionless
tokens.
I,
think
it
kind
of
goes
along
I'm
curious
to
see
how
we
can
structure
the
tokenomics
kind
of
going
along
with
what
Sarah
was
just
talking
about.
You
know
we
have
this
complex,
like
ecosystem
of
participants
and
how
do
we
incentivize
participation
for
all
these
different
players
and
specifically
land
stewards,
but
making
the
technology
accessible
and
bringing
them
in
and
I?
D
Think
there's
a
massive
opportunity
with
the
tokenomics
upgrade
to
to
do
this
and
yeah
again,
like
Sarah
was
saying
like
Okay
who,
who
are
the
different
players,
and
you
know
even
getting
into
like
user
Journeys
like
from
the
land
Steward
to
someone
who's
kind
of
validating.
What's
going
on
there
and
just
all
the
different
functions
in
the
net
work,
so
I
think
yeah,
it's
I'm
curious
to
see
where,
where
things
are
going
to
go
and
how
we
can
continue
to
evolve
with
regen
Network.
F
Maybe
one
quick
thing:
I
would
like
to
get
your
opinion
on
the
Explorer,
while
we're
here
on.
The
call
is
that
if
we
imagine
like
region
like
ecosystem
and
network
as
like
a
sub
section
of
a
bigger
economy
at
like
one
idea
brought
to
me
by
VC,
whose
supporting
region
is
like
the
importance
of
the
institutional
funding,
so
we
spoke
sometime
about
the
different
banks,
corporate
funds
from
like
metal
like
Google
and
so
on
and
different
other
purpose.
F
So
it
feels
like
inflow
of
funds
from
those
entities
might
benefit
the
whole
Dynamics.
The
creatine,
like
the
stability
of
the
space,
but
sometimes
it
also
goes
a
bit
against
the
Asos
of
you,
know.
Commons,
and
you
know
things
like
that.
So
I
wanted
to
check
with
you
like
to
do
on
the
it
is
such
a
conflict.
Would
it
be
welcome
to
work
with
such
entities.
A
If
you
think
about
sort
of
the
macroeconomics
of
things
region
network
is
a
you
know,
a
a
network
that
is
dedicated
to
providing
ecological
regeneration
services
that
can
be
purchased
via
Eco
credits,
so
our
community
export
is
our
Eco
credits
right
now.
The
the
bulk
of
the
market
for
those
exports
is
Corporate
social
and
environmental
responsibility
programs.
A
However,
we
have
this
strong
belief.
You
know
I
think
this
is
part
of
the
theory
of
change
that
to
legitimately
generate
those
units
of
ecological
regeneration
or
health
outcomes.
You
know
you
need
to
be
managing
that
public
goods
process
because
we're
doing
something
very
Innovative
in
creating
units
that
represent
public
goods
that
aren't
excludable
like
a
positive
ecological
outcome.
A
So,
therefore,
the
you
know,
multiple
stakeholders
are
involved
in
producing
those
public
goods.
So
there's
a
very
different.
The
units
that
we
export-
I-
guess
you,
if
you're
thinking
of
it
in
sort
of
like
business,
traditional
business
terms
that
we
manufacture
together
together
as
a
network
where
manufacturing
these
Eco
credits
the
process
of
manufacturing,
requires
this
is
the
theory
of
Commons
and
it
requires
local
stakeholder
participation
in
monitoring
and
Reporting
and
setting
standards
and
in
generating
the
units.
A
So
the
the
economic
theory
behind
region
network
is
that
we
can
actually
out
compete
a
completely
privatized
version
of
what
we're
doing
by
creating
a
Commons
around
the
production
of
ecological
benefits,
the
monitoring
of
those
benefits
and
the
creation
of
these
Eco
credits.
So
just
to
kind
of
distill
that
thought
like
I
think.
Yes,
we
have
to
be
able
to
engage
with
those
corporates,
but
in
order
to
produce
what
they
need,
we
have
to
be
sort
of
upholding
this
institution
type
and
this
kind
of
the
the
manufacturing
process
of
ecological
outcomes
and
unitizing.
A
F
H
Howard
good
good
day,
Gregory
and
everybody
else.
You
know
you
actually
spoke
to
what
I
was
going
to
raise,
as
as
a
question
and
in
in
respect
to
recognizing
that
corporate
social
responsibility
is
for
our
vision,
a
huge
market
for
the
credits
that
were
where,
where
we're
looking
to
to
co,
to
create
to
co-create
and
I,
had
wanted
to
make
two
comments,
one
being
how
important
see
it
being
to
really
distinguish
the
commodity.
H
What
what
security
blockchain
gives
the
buyer
of
these
credits
as
to
additionality
and
authenticity
and
the
other
values
that
are
going
to
be
important
so
that
we
don't
get
mixed
up
with
the
the
junk?
That's
out
there
and
I
say
that
as
a
lead
into
the
question.
I
wanted
to
ask
I
know
these
discussions
going
on
in
a
lot
of
other
spaces
and
in
depth
on
Commonwealth,
but
I'm
very
concerned
that
permissionless
is
going
to
be
misinterpreted
as
standardless
or
as
a
way
of
reducing
the
quality.
H
That
I
think
is
an
essential
part
of
the
the
regen
brand.
If
we
want
that
to
drive
value
in
the
kind
of
markets,
the
the
ESG
markets,
you
had
referenced
so
that
that
was
really
what
I
had
wanted
to
get
out
on
on
the
table
or
in
the
airwaves
here
to
get
to
voice
a
concern
that
permissive
permission
was
I.
I,
don't
think,
is
a
very
positive
term
and
I
I
think
it.
It
could
lead
to
confusion
about
a
a
lack
of
standards.
A
Yeah,
so
this
is
an
interesting
Point
you're
raising
Howard,
you
know
I,
think
permissionless
is
a
technical
term
and
I
think
we
need
to
you
know.
Maybe
we
try
to
think
about
a
rebranding
of
it
internally
and
externally,
but
it's
a
technical
upgrade
in
which
people
don't
need
permission
to
use
key
Network
functionality
right
I,
don't
personally
think
it
has
any
real
impact
on
I.
A
A
The
quality
is
the
match
between
the
evidence,
the
monitoring
and
Reporting
and
the
claim
that's
being
made
and
the
match
between
the
claim
or
about
the
you
know
the
outcome,
carbon
or
biodiversity,
and
the
importance
of
that
outcome
for
a
stakeholder
right
and
so
does
the
carbon
in
question
make
a
meaningful.
You
know
number.
D
A
We're
talking
about
a
carbon
credit
is
like
can
to
what
degree
of
certainty
can
we
prove
that
there's
carbon
somewhere
and
then
to
what
degree
of
certainty
can
we
link
the
carbon
in
the
state
that
it's
in
to
meaningful
climate
impact?
That's
what
most
people
are
interested
in
and
that's
like
the
I
think
a
distillation,
the
most
common
kind
of,
like
definition
of
quality
or
what
should
be
the
common
definition
of
qualities.
A
Of
course,
there's
debates
happening
about
at
each
of
those
levels,
because
each
one
of
those
is
an
exercise
in
science,
and
so
there's
disagreements
and
other
things,
I
think
as
a
network.
Up
until
now,
we've
tried
to
say
what
we're
doing
is:
building
a
platform
that
enables
an
open
Dynamic
approach
to
people,
programming
in
and
defining
quality
right,
and
that
includes
buyers.
A
So
a
buyer,
you
know
in
the
way
we've
been
trying
to
structure
things
can
very
easily
say
here
is
our
definition
of
quality,
and
these
are
the
standards
that
meet
it
and
and
sort,
and
only
see
the
things
that
meet
those
standards.
But
we
also
can
understand
that
centralization
of
Standards
setting
sort
of
like
this
myopic
sort
of
like
this
is
the
unit
and
all
other
units
are
bad,
so
squashes
Innovation
it
sort
of
flattens
things
and
oftentimes
it's
wrong
and
there's
weird
politics
around
science
and
academics.
A
Instead
of
you
know
a
matching
of
claims
to
science
approach.
I
would
argue
this
is
part
of
what's
undermined.
You
know
I
I,
think
the
more
that
we
retrench
and
we
sort
of
like
adopt
the
we
have
to
only
have
these
types
of
credits
in
the
system.
The
more
we
do
that,
the
more
danger
we
put
ourselves
in
into
creating
a
system
that
collapses
under
its
own
weight
and
ends
up
producing
things
that
are
of
low
quality,
because
there's
perverse
incentives
involved.
A
What
are
the
key
things?
We
need
to
incentivize,
and
can
we
Leverage
The
blockchain
to
incentivize
those
things
so
that
we're
actually
generating
kind
of
innovation
as
a
Commons?
That's
a
really
exciting
Edge!
It's
it's
quite
complex,
but
it's
I
think
core
to
the
heart
of
the
the
bigger
conversation
we're
having
on
this
call
around
the
token
economics.
A
You
know:
how
do
we
incentivize
and
open
and
dynamic
approach
that
ends
up
pushing
innovating,
more
quality
and
a
higher
degree
of
rigor
and
Precision
in
an
in
a
deeper
relationship
between
the
outcome,
that's
being
represented
by
the
credit
and
the
outcome
that
Society
needs
right?
How
do
we
evolve
that
rapidly
because
we
have
to
evolve
it
rapidly,
I
think
otherwise
we're
sort
of
sunk,
but
both
as
a
network,
of
course,
because
that's
our
sort
of
economic,
bread
and
butter
is
exporting
those
ecological
units,
the
Eco
credit,
but
also
as
a
species.
A
C
A
H
Well,
I
appreciate
the
articulation,
and
you
know
I'm
somewhat
reassured
I
think
the
idea
of
ratings
and
a
way
to
make
visible
the
the
quality
in
in
a
in
Easy
in
a
consistent
way
can
deal
with
the
permissions.
I
would
encourage
you
to
consider
rebranding,
at
least
for
external
purposes,
how
these
decentralized
and
more
democratic
credit
issuances
are
going
to
be
undertaken.
But
with
the
further
explanation
in
that
caveat,
I
think
permissionless
would
be
misunderstood
as
unaudible.
A
D
A
A
Yeah
exactly
I
love,
I
love
it
and
you
know.
So
how
do
we?
How
do
we
incentivize
that
Innovation?
How
do
we
incentivize
the
creation
of
ratings,
I
I've
just
been?
Maybe
I'll
share
this
back
into
the
Commonwealth
discussion
Howard,
but
I
took
a
crack
at
you
know
and
there's
been
other
there's
been
other
attempts
at
this
in
the
past,
but
I
took
a
crack
at
just
defining
what
I
think
is
sort
of
a
tiered
a
simple,
tiered
system.
A
C
A
A
Think
if
we
nail
this
we'll
have
a
much
more
intelligent,
Much,
More,
impactful,
Much,
More
dynamic
system
than
choosing
to
just
sort
of
like
restrict
into
you
can
only
do
this
if
you've
met
our
criteria
right
instead,
saying
hey,
let's
innovate,
common
criteria
to
measure
each
other
by
and
even
innovate
those
you
know
so
I
think
it's
just
at
least
for
me.
It's
much
more
enlivening
and
I.
You
know.
My
sense
is:
that's,
maybe
a
shared
cultural
opinion.
I'm!
Sorry,
we
lost.