Regen Network What Is Regen Network?, 7 Nov 2019

Previous Meeting

Next Meeting

⏯

youtube image

►

From YouTube: Regen Network - Techstars Demo Day Pitch

Description

On Oct. 30th, CEO- Christian Shearer pitched to a sold out crowd of nearly 1,000 people at the Techstars and Nature Conservancy Accelerator program Demo Day, alongside nine other companies working to build a better world for nature and humans alike. Join us for more insight into Regen Network’s plan to improve planetary health through innovative technology and strategic economics.

Connect with our community 👇
• Website: https://regen.network
• Twitter: https://wwwtwitter.com/regen_network
• Facebook: https://www.facebook.com/weareregennetwork
• Telegram: https://t.me/regennetwork_public
• Medium: https://medium.com/regen-network
• GitHub: https://github.com/regen-network/
• LinkedIn: https://www.linkedin.com/company/regen-network
• Reddit: https://www.reddit.com/r/regen_network/

A

My name is christian shearer., I'm the ceo at regen, network.

A

And this is a potato.

A

This potato was grown by my neighbor, wyatt penfold.

A

The penfold family has been growing potatoes in teton valley,, idaho, for generations.

A

If anyone knows how to grow potatoes,, it's the penfolds.

A

And yet,, like most american farmers,,.

A

The penfold farms are barely making enough money to stay above water.

A

What people don’t realize is that wyatt produces more than potatoes.

A

Wyatt produces clean, water., wyatt, sequesters, carbon.

A

Wyatt builds biodiversity into his landscapes.

A

These are called ecosystem, services, and just like potatoes,. They have real world value.

A

Ecosystem services are those tangible benefits that we all receive from ecological systems,.

A

Like breathable air and drinkable water.

A

Unfortunately,, the vast majority of the world's farmers.

A

Aren't producing ecosystem services like wyatt is.

A

And yet we’ve seen that if there was a way for them to get paid to produce ecoservices,, they would rapidly shift their practices..

A

This is imperative for this planet.

A

Without innovation, existing ecosystem services, markets,.

A

Like carbon credits, are inaccessible to farmers like wyatt,.

A

Because the verification requirements are so stringent.

A

They take a lot of time and they cost way too much..

A

It can easily cost a farmer like wyatt 2-3 years worth of profitability,.

A

Just to get verified for carbon credits.

A

And if wyatt tried to do this on his own,, the markets wouldn't trust him.

A

They’Ll buy his potatoes, because a potato is a potato,.

A

But how does the market know that his ecosystem services are genuine?.

A

Regen network enables trust.

A

By collecting and organizing data,, by giving transparency to the science behind the claims,.

A

And by brokering deals that ensure accountability for all parties.

A

And we’re doing this at a much lower cost than our competition.

A

No backroom deals,, no double-counting, and no fuzzy claims about what actually happened.

A

Regen network is building a platform that enables farmers and ranchers,.

A

Just like wyatt, to be able to sell more than their potatoes.

A

We’Re enabling farmers to monetize their ecosystem, services.

A

So how exactly does this work?

A

farmers log on to our website,?

A

They enter their location information,. They enter their practice. Information,.

A

And they declare their ecosystem services.

A

and, depending on their selections,, we issue cryptographically-secured digital credits.,.

A

Those credits are stored on our credit registry and sold through our credit exchange, to individuals,, to corporations, and to governments that are trying to achieve their climate. Goals.

A

To ensure that farmers like wyatt, can participate,, we are focused on satellite-powered remote sensing, verification,.

A

Which keeps the costs low, coupled with minimal ground truth data., this baseline data, and the verification data,.

A

Are then logged on to our native blockchain,, which leverages the cosmos sdk.

A

On the buyers’, side, corporations, log in,.

A

They set their preferences and their targets, and regen network matches them with a portfolio of credits from farmers around the world.

A

Farmers just like wyatt.: this is a market prime-for-growth.

A

The market for ecosystem services is already valued at $35 billion and growing fast.

A

and it better grow fast,, because the world needs it.

A

There are 183 countries around the world that have ratified the paris climate accord,.

A

Set ambitious targets, and are desperate for tools to actually make that happen.

A

There are over 1200 corporations that have made public announcements,.

A

About deeply reducing their negative environmental impacts.

A

Corporations like cargill, united airlines,, amazon, and disney.

A

Regen network is giving governments and corporations an easy way for them to achieve their goals,.

A

With meaningful impact behind it.

A

with every transaction,, our platform appreciates;.

A

And with every transaction the planet regenerates.

A

Thank you., and this is already happening.- we're working with a conservation organization in australia called odonata,.

A

Issuing biodiversity credits for the incredible work they're doing on the ground.

A

We’Re working with the savory institute located right here in colorado,.

A

On over 2 million acres of verified ecological ranchlands.

A

We’Re working with the rainforest foundation, to reward indigenous peoples for the protection of the peruvian amazon.

A

And we’re working with impact ag partners, starting on 64,000 acres in australia,, issuing grazing-backed carbon credits.

A

And I’m excited to announce that in just the last three weeks,.

A

We aimed to get 100,000 acres on our platform.

A

We put the call out to our networks..

A

We landed 136 farmers and ranchers on over 5.2 million acres of land.

A

This is the second company that my business partner, gregory, and I have started.

A

He and I each have over 15 years of ecological agriculture, experience and food-and-beverage industry experience.

A

Our cto, aaron, and ron have deep software development, backgrounds,.

A

Recently won a hackathon in berlin, and have helped us,.

A

Helped our company land over $500k in development, grants.

A

And our science team,, led by dr. gisel booman,.

A

Is making significant progress in using remote sensing to be able to verify carbon in the soil.

A

Wyatt penfold recently switched to notill and cover cropping in his farming practices,.

A

To build health into his soil.

A

And to make his farming practices more profitable.

A

With regen network, he’s not just going to bring his potatoes to market,.

A

He’S gonna bring his clean, water, he’s gonna bring his carbon sequestration, and he’s gonna bring his biodiversity..

A

What we’re doing with wyatt,. We could do with every farmer across this planet.

A

And then help them switch to practices that enable a better planet for all of us.

A

We are regen network,, a platform for a thriving planet.

A

A