What if shared resources didn’t have to be overused to be valuable?
A 🧵
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From forests to carbon markets, tokenized economies are raising an important question: can blockchain help us manage shared resources more effectively?
Here’s the main idea:
The tragedy of the commons happens when shared resources are depleted due to selfish use. It is a social-political problem in which each individual is incentivized to act in a way that will ultimately be harmful to all individuals.
Regenerative Finance (ReFi) uses blockchain and tokens to reward people for restoring and protecting shared resources, instead of just taking from them.
Tokenized systems can track impact, reward verifiable actions, and let communities govern themselves using
DAOs.
Real-world projects like KlimaDAO, Toucan, and ChainScore Labs are already putting this model into practise.
But there are still challenges: speculation, concentration of power, unclear regulations, and incentives that may not work as intended.
If done right, ReFi could change the way we value and protect shared resources.
Read more here.
https://t.co/uhSMol1LNa
The takeaway? Tokenized economies won’t automatically solve problems with shared resources, but with careful design, they could help match economic rewards to long-term care.
who can get me up to speed on @KlimaDAO and any other tokenized carbon credit platforms?
alternative energy provider reached out to me asking and I don't know the space.
ty
#crypto #carboncredits
Full disclosure, my partners and i were LP's in Shima from the outset but requested full redemption on a $1.25mm investment in late 2021 and we received our funds back. What were the warning signs as you will see below in my email to my partners:
Gents: wanted to keep you up to date on this. The more I think about the email last weekend from Yida, it is at best bad form and at worst a massive red flag. You don't tell your LP's you are unilaterally raising a hard cap from $50M to $88M without receiving consent first. Also, you don't send out an email to LP's saying "assuming prices hold- we have already returned the entire fund many multiples over". I have sent him 2 emails with questions that remain unanswered (see below). Will let you know when I get a response.
Also, to be clear, in my call with him Monday, I asked how the fund was up many multiples. His response was a 30,000% return in one investment, Klima DAO. That is why I sent him the first email below.
1)
In other news, Shima Capital Fund I sought
