Cardano was made for this. For the people. As Charles said: “If you do not like the way the economy works, change it”
As a collective we are at a crossroads. Many environmental tipping points are on the brink of happening. With our current systems we will destroy the ability for humans to live on earth as we have done. It will become more difficult.
The base building block of the economy is the transaction. If we want to combine money and nature then we have to change the way transactions takes place.
When the transaction takes place we can calculate and respond to the impact that transaction has on the environment.
To make this work we need a trading environment to do the environmental calculations and alter the transaction.
At the very least. If we are going to destroy the environment, lets do it consciously and not by accident, like we are currently doing, in the name of profit.
There are some crucial ingredients to make this transaction work. They are:
- If environmentally friendly the transaction should benefit both buyer and seller positively.
- The system should be easy to use. Especially for the buyer.
- The system should not rely on people being altruistic. It should tap into human nature for self benefit.
- It should be a crypto based solution so that it can benefit life in the greater financial landscape.
- The system should take advantage of geolocation so that local trading can take preference.
- The only way I could make this work is by using 2 tokens that work together to do trading with. Almost like having two accounts. One account representing nature.
- In the crypto landscape the base token should have a fixed maximum amount of tokens.
- Putting tokens back into the distribution pool should be allowed when the transaction is damaging for the environment.
Here is an explanation of how we can bring nature back into our consciousness:
<https://youtu.be/CMxrjyOn0KQ>Here is the technical working of the system:
<https://www.youtube.com/embed/Lc-enAGL8RI>The basic tokenomics is explained here: Google Slides with video about how the project works technically
This is a complex topic. There are more video's on the YouTube channel (SupportOIC) of the above link going back 7 years explaining the problem and the solution: The basic Idea has always been the same. But after the trial at the school there is a realisation that this must be on chain to make any real impact.
"How can Cardano-based solutions help meet real business needs and what would be their impact?"
This is a process improvement and shows just what Cardano is capable of by meeting real human needs for both sellers and buyers.
This is a complete Business to Consumer solution that could have great benefits for Cardano and blockchain. This will highlight how trading this way can protect the environment and improves greatly on our current trading system. This system can remove the middle men. Improve transparency and trust.
Cardano was made for this. It is an environmentally sustainable chain. Perfect for this trading system. Low fees and with all the scaling solutions in the works this is going to be magic.
The only way to make this work is by using smart contracts.
Another part where Cardano will shine in the future is with governance. There are two main aspects where this will become a crucial component. These are fraud and setting up of the environmental questions for each transaction.
When we get this working we can create better options for people and business with a tangible way for all actors to be more profitable by protecting the environment.
This system will put eco back into the economy and bring consciousness to our trading actions.
Being paid to protect everything we love will bring alignment and this is only possible with Cardano.
This challenge is a prefect fit for this trading solution and checks the boxes.
The project being technically to complex. To combat this:
- It is important to constantly build working pieces that can be buit on top of.
- It is also important to keep it simple at first.
- Also very important to be fully dedicated to the process.
Scale of the project:
- Luckily lots of the work has been done. The biggest part of the thinking has been done.
- We have trialed this solution and have had great feedback and response.
- Collaborate with other developers like Gimbalabs and IOG on the work that is done.