#22 Accelerating ReFi

This week's briefing explores how to accelerate the speed and scale of growth in ReFi and ImpactDAO ecosystems, through decentralised launchpads and coordination mechanisms.

2 years ago   •   10 min read

By ixo

Speed and scale are critical in the race to societal, economic, and ecological regeneration. This week we are thinking about how launchpads and accelerators can speed up and scale the growth of ReFi ecosystems of capital, technologies, investors, innovators, solution-providers, and engaged communities.

To grow a ReFi ecosystem starts with a big vision. Then it's all about how to build a Sustainable (tokenised) Regenerative Economy, based on real products and services that produce measurable impacts.

A Launchpad for ImpactDAOs

We are seeing a fast-growing trend towards impact-focused startups launching as ImpactDAOs.

Now there's a decentralised accelerator for ImpactDAOs, with the ixo Launchpad going live to support organisations and coalitions that are building decentralised impact marketplaces, using the shared services layer of the Web3 Internet of Impact for governance, coordination, financing, and impact verification.

ReFi Accelerators

Regardless of how Web3 startups are legally structured, owned, and governed, to succeed they all ultimately need funding, technical resources, implementation expertise, supportive communities, and access to markets. This is where accelerators and launchpads can play a significant role.

We have begun gathering market research on the platforms that are helping launch Web3 startups and coalitions that are focused on sustainable socio-economic development, ecological regeneration, and Climate Impact.

Impact DAO Launchpads
We are starting to gather intelligence about ImpactDAO and ReFi Launchpads, which offer a fully decentralised way of accelerating the path to success for impact-focused startups and marketplace ecosystems.

DAOs as Entrepreneurial Ecosystems (for Impact)

With Web 2.0 it was all about creating platform ecosystems operated by central entities who extract value from the market by connecting producers with consumers. Think AirBnB, Uber, and just about all the other platforms that dominate the market.

But now Web3 is enabling the emergence of entirely new types of decentralised ecosystems, with new protocols of organising based on self-management, self-governance, and decentralised finance.

Our feature article this week provides a fascinating deep-dive by Simone Cicero (Boundaryless) into the differences and convergences between DAOs and Entrepreneurial Ecosystem Enabling Organisations (3EO).

The 3EO protocol for organising creates an ecosystem of micro-enterprises that share the same services platform, but have autonomous rights to make decisions, hire talent, and distribute compensation. The protocol seems relevant to how ImpactDAO ecosystems can be built and scaled.

Can DAOs be Entrepreneurial Ecosystem Enabling Organizations?
We explore the difference and convergences between DAOs and Entrepreneurial Ecosystem Enabling Organizations.

DAO-2-DAO Deals

Prime Deals is a framework for DAOs to collaborate and negotiate in a neutral environment, creating verifiable and enforceable social contracts for anything from token swaps to funding joint ventures, and implementing joint initiatives.

With a recent announcement of a partnership between PrimeDAO and Celo, to help launch DAOs for delivering climate-related projects, this emerging collaborative ecosystem of Impact DAOs is going add momentum to the speed and scale of climate responses.

Earth State Markets

Here's your latest intelligence on the tokens and markets contributing to growth of the Tokenised Earth Economy.

Bitcoin closed red in May, its worst start to a year since 2018! We had a quiet week in the markets, with everything mainly trading sideways. However, the cypto space continues to build momentum. Binance has just raised $5oo million fund to invest in Web 3 and the fast-food franchise Chipotle now accepts cryptocurrencies in the US.

The Whitehouse turned up a notch in an attempt to reduce crypto mining's carbon footprint. The New York Senate just passed a bitcoin mining bill, blocking new proof-of-work mining operations powered by carbon-based energy sources for two years.

📈Reference Markets over the past week

BTC

The OG of cryptos

3.8%

$30400

POW blockchains like Bitcoin are under pressure for their carbon emissions, again. New York Senate Passes Bitcoin Mining Moratorium.

ETH

The king of Alts

+0.1%

$1810

ETH layer 2 season is upon us with the Optimism airdrop now claimable. Next up is most likely Arbitrum ONE. Try these steps to potentially qualify!

ATOM

Interoperable Blockchain Chain

-2.9%

$9.40

The graphprotocol has now integrated with the Cosmos hub. This is huge for Dapp developers!

OSMO

Yield Farming on cosmos

-13.5%

$1.25

Osmocon goes to Texas on June 9th! Smart Contracts are now live so expect many new Dapps.

CRO

Crypto.com 

+6.8%

$0.18

Set your reminders! On June 8 7pm SGT, they are hosting a live AMA on YouTube, featuring Tascha Punyaneramitdee, co-founder and project lead of AlphaVentureDAO.

JUNO

Smart-contracts on IBC

-16.7%

$5.07

A DAO dedicated to ending the world water crisis is coming soon to Juno. It will trade as $AQUA.

LUNA 2

Terra ecosystem

+4%

$6.63

Luna launched a new chain called phoenix. Users affected by the collapse were airdropped the new Luna tokens. 30% were available immediately and the remaining 70% are vested for 2 years.

📊Impact Markets over the past week

REGEN

Ecological State Ledger

-1.5%

$0.28

Regen Foundation is hosting a series of panels next week June 7-9, pulling inspiration from World Environmental Day this week. Our goal? To kick-off organizing around events on the ground where it's needed the most.

IXO

Internet of Impact

+78%

$0.10

Launchpad is live on Mainnet! Read all about here and don’t forget to sign up if you want to launch your ReFi project!

EWT

Energy Web Token

+3.5%

$2.77

Read the latest update on Electraflex, their project with Electra Caldense to implement a demand flexibility market to increase grid flexibility. 

BCT

Toucan Protocol: Base Carbon Tonnes

-4.7%

$2.05

Bridges connect the legacy carbon market with web3 carbon market infrastructure. How does an ideal bridge look, and how do we get there? Read this thread!

CELO

Seigniorage stablecoins collateralised by crypto and natural assets.

-9.2%

$1.33


Launch a ReFi project on Celo. Read this thread to find out more!

DOVU

Connecting crypto users with inspiring farm projects across the planet. Moving carbon from the sky into the soil.

-2.3%

$0.009

Take a closer look at DOVU labs winning Hedera22 Hackathon project for the DeFi Primitive Challenge. In 2030 the market for carbon credits is primed to be worth upwards of $50 billion.

📉DAO Shares over the past week

ℹ️ Remember that DAO’s with a rebase mechanism should be valued on their treasuries, and market cap increases are a more important metric than token prices, as high yields try to outpace price fluctuations.

KLIMA DAO

Carbon Credits as its treasury

-16.2%

$4.11

Treasury:

18,294,252 TONNES CO2

KlimaDAO’s growing runway, as well as its immediate-term focus and response to Verra’s moves last week, were featured in Quantum Commodity Intelligence

Olympus DAO

The largest DAO built on Ethereum

+0%

$19

Treasury:

$269 million

Olympus is a partner of PrimeDAO, using the Prime Deals platform to execute their partnership! 

Gitcoin DAO

GTC - Platform to find meaningful open-source work

+17%

$2.71


Mark your calendars! Grants Round 14 is coming up on June 8 - 23. We’re kicking off #ReFiSummer with over $3M in matching funds including $1M in the main round, and $2M across a record-breaking 13 ecosystem rounds and 3 cause rounds. For more details, follow this link.

PrimeDAO

DeFi Tools DAO 

+9.3%

$0.33

PrimeDAO and Symmetric joined forces to create a Launch Program on Celo, tailored for ReFi and Celo-native projects. Pre-register here

Popcorn DAO

-9.4%

$1.14

Impact Made Easy. Missed their first Popcorn NGO Spotlight with Carbon Collectible NFT’s and Elimu, listen to the recording here

💡
What are the Impact DAOs and Tokens you want to see included in the Earth State Market tracker? Get in touch to let us know!

Market Opportunities

Earth State NFTs

Open Forest Protocol, built on the NEAR ecosystem, uses NFTs to represent forestation projects by tracking their progress and growth over time.

NFTs allow the on-chain representation of assets like ‘land’ for projects like OFP which validates data from forests. This then allows us to tie all the data regarding these forest areas to their unique location and characteristics because the underlying asset is represented non-fungibly. - Rimberjack, community development lead at OFP.
NFTs on NEAR: Where Will NFTs Go Next?
NEAR is the network for a world reimagined. Through simple, secure, and scalable technology, millions are empowered to invent and explore new experiences. Business, creativity, and community are being reimagined for a more sustainable and inclusive future

Earth State Technologies

  • Teaching AI for Good. The AI+SDG Launchpad enables any school, college, university or research institute to easily create and manage a curriculum that bridges the gap between Data-Enabled Sciences and the United Nations’ Sustainable Development Agenda for 2030.
“The Launchpad serves as a blueprint for single or multi-semester courses that allow students to engage with global challenges they are passionate about in a structured way.”
SDG Launchpad - AI for Good Foundation
A project-based course that allows students to take on real-world problems using AI with a specific focus on achieving the 17 SDGs.

Earth State Culture

Pushing the frontiers of collaboration. Enspiral is a collective of individuals who not only believe in, but practice, new ways of organising. One person's version of Enspiral might be different from someone else's. It's a space to work together, inspire one another, and reach goals more coordinated and collective.

What's this thing called Enspiral?

Better Work. Together. Learn how the power of community can transform your business by reading their book, in which they share tools, methods and stories from the frontiers of collaboration.

Source: betterworktogether.co

Earth State DAOs

The Eden DAO founders believe that the first reserve asset of the 21st century will be carbon. They are creating a carbon coin that they believe could hyper-scale carbon removal and help create wealth for future generations. They are also currently experimenting with models to fund Climatech CO2 removal projects.

Future generations will look back at this moment and they will tell the story of how it all started today, right now, with a dream. Come #DRMwithus‍
Eden Dao: Come DRM with us
Eden Dao invites you to the DRM Syndicate in order to kick-start the carbon coin that will hyperscale carbon removal and create wealth for generations to come.

Earth State Tweet of the Week

Earth State Deals

  • Flowcarbon a startup selling tokenised carbon credits on the Celo blockchain has raised $70M from A16Z, Allegory Capital, and General Catalyst. The investment included traditional equity and a $38M purchase of its token.
Flowcarbon Raises $70M to Tokenize Carbon Credits and Build an On-chain Market With a16z crypto as Lead Investor
Flowcarbon, a pioneering climate technology company working to build market infrastructure in the voluntary carbon market (VCM), today announced it ha

Earth News

  • The economic costs of Inaction. A new report by the Deloitte Center for Sustainable Progress (DCSP) revealed dragging out climate action could cost the world’s economy $178T by 2070. In contrast, however, the global economy could gain $43T over the next five decades by rapidly accelerating the transition to net-zero.
Deloitte Research Reveals Inaction On Climate Change Could Cost The World’s Economy US$178 Trillion By 2070
Deloitte’s new Global Turning Point Report finds that unchecked climate change could cost the global economy US$178 trillion over the next 50 years, unless global leaders unite in a systemic net-zero.

Earth State Actions

  • Learn about the key differences between an NFT marketplace and an NFT launchpad in this recent article, written by Esther.
  • Read Why web3 matters? A great article by Charles Dixon from A16z.
  • Check out this interactive Impact DAO Network Graph, created by Carl Cervone.
  • Dive into Open Forest Protocol’s new forest project operators, the latest being Climate Kakuma, a non-profit initiative committed to fighting climate change in that Kakuma refugee camp in Kakuma, Kenya.
Project operators - Community — Open Forest Protocol

🌍 For the Earth!

Decentralised coordination is the game-changer in the race to accelerate societal, economic, and ecological regeneration.

Join the weekly Earth State Twitter Space every Tuesday at 15:00 UTC, where we discuss what's moving in ReFi and the Tokenised Earth Economy. This week, we'll be talking about the newly launched ixo Launchpad alongside the first round of candidates!


This article is strictly educational and is not investment advice or a solicitation to buy or sell any assets or make any financial decisions. For tax advice, talk to your accountant. DYOR – Do your own research.

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