Inspiration
There has been much concern about cryptocurrency effects on carbon emissions. Some ways for individual consumers to mitigate their negative impact is with the purchase of carbon offsets. However, there is no current solution in web2/web3 which verifies that individuals are paying for their share.
Solutions like Miro enable individuals to get receipts for buying BCT. KlimaDAO puts all funds into a treasury for purchasing offsets. SusDAO brings responsibility for sustainable carbon emissions starting from the individual.
We created a DAO which incentivizes and builds a community around offsetting carbon emissions.
What it does
SusDAO - the sustainability DAO
- Carbon emissions tracking -- analyze transactions associated with connected wallet and determine the carbon tonnage needed to offset transaction costs
- UI -- gaining insight into crypto users carbon
- Tree token -- obtained through swapping for BCT. BCT will be retired, so it's sequestered into the earth.
- Dynamic NFT -- badge that proves your sustainability status in web3.
How we built it
- Used React to build landing page and web app
- Integration with MetaMask
- Used Firebase to deploy web app
- Used Polygon's Quickswap to perform USDC <> BCT swap
- Use Polygon's smart contracts to mint tiered NFTs
- Will use Toucan Protocol to retire BCT to offset emissions
Vision
How do we band individuals in a verifiable way around sustainability?
Miami is one city vulnerable to rising sea levels brought about by increased carbon in the atmosphere.
SusDAO is a social DAO which enables and empowers web3 users to do sustainability by:
- Calculates carbon offsets from the user's past transactions
- Grants a token that dynamically tracks carbon offsets from mining. After the user opts to become carbon neutral, they receive a shared NFT that updates its color and status upon future transactions
- Gamifies activities that offset carbon, from obtaining BCT and retiring it
- Provides a forum with voting mechanisms for top ideas. Users receive contribution tokens. Host co-working sessions in the style of Ultraworking and Focusmate. Host salons inspired by Interintellect.
Furthermore, we promote access to the core values of web3 (different freedom), welcoming sustainability-minded users of web2.
The app grants the user a tiered NFT. Once the user is granted the SusDAO NFT, the community will vote on sustainable products such as integration with other wallets, chains, and services.
Roadmap
- Work with Toucan protocol team to retire BCT
- Grow a community of sustainable users through integrations with services
Reference/Methodology
*https://digiconomist.net/ethereum-energy-consumption *https://www.cell.com/joule/fulltext/S2542-4351(18)30177-6
Built With
- blockchain
- covalent
- crypto
- dao
- firebase
- nft
- polygon
- toucan
- wombo
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