metadata: {"signature": "0xb14aed8ec924e0a73189333d85eba69909eed05e479ef5a8f6197c11ef5950730f3d786e91e35bc004a2825e76b38e2d2bae02e9dc4025f510aeab1f091dd75b1c", "application": {"round": "0xb6be0ecafdb66dd848b0480db40056ff94a9465d", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "0Lk5chTtqBWBM1GNQdQ40I4+sIu2aFwRHj3bAJax7qXBTe+4cZJz2bwLX8zK3jxW", "encryptedSymmetricKey": "1d9f4488b1b828badd81b0e34909073e8ad6b271fe8faed6ebc148eeefdafce2d6fb805ae0672a0d28d8bccfe264ef198d8836cc4776f2dea8e68fae7fab0ad9a5353c7183c5a5ad707450368193ace7d11cb712fa2cadd370ee049fcdf622af98e756e99a36f5a85a2feb7b9ce9c5777eb72d96ed8c4caaf050fbbf32dcec9b00000000000000206b1bfa2d96765ab9b2bd894c1f33e782920aaa1dfc883661b19c2aa8603e60872d84c3eb903395bcb2ffefbd97f0768a"}}, {"type": "short-answer", "hidden": true, "question": "Telegram Handle", "questionId": 1, "encryptedAnswer": {"ciphertext": "lBF9+8VhcgTEefgHNB3SEUhcYFXOw484z1K+OGo/HAs=", "encryptedSymmetricKey": "a86a32cfc1d7fa01983e3d01383935076b096e604c908563de4adde38349abae0a5134958936180481dbddebd0b5b4032ba7e28461d9a2dbf4e4fe34c5d72a30be70848465b5d514675e3ad48503d8b6e63bb512f693aae24177836ce5d60e94457dd45d093521f66ddb942fb9651233d7f2f61e113de5916d5ec64026c03c07000000000000002003a3c6028417f625796941ddb3adec6ed570f4f204be8c4e5e5b847fae5b9250bbae89a64cb4ea0df70502637608408e"}}, {"type": "short-answer", "answer": "https://discord.com/invite/ZGUxRjmpEK", "hidden": false, "question": "Link to your Public Group Chat (Discord or Telegram)", "questionId": 2}, {"type": "number", "answer": "0", "hidden": false, "question": "Total prior funding for the project in USD", "questionId": 3}, {"type": "paragraph", "answer": "", "hidden": false, "question": "Please expand on how much funding you\u2019ve received from each funding source and when? (VC, grants by foundation, token sales, etc) ", "questionId": 4}, {"type": "number", "answer": "2", "hidden": false, "question": "Total team size", "questionId": 5}, {"type": "number", "answer": "12", "hidden": false, "question": "How old (in Months) is the project? ", "questionId": 6}, {"type": "short-answer", "hidden": true, "question": "If you participated in past grant rounds using a different project payout wallet address, please share it here:", "questionId": 7}, {"type": "paragraph", "answer": "https://www.linkedin.com/in/alexbissell/\n\nhttps://www.linkedin.com/in/kim-essenberg-a4b111112?miniProfileUrn=urn%3Ali%3Afs_miniProfile%3AACoAABwjCZsB7nEw1NNuvOhIB6Fwhio-ZXlFPkY&lipi=urn%3Ali%3Apage%3Ad_flagship3_search_srp_all%3Ba%2F62wOfaRZCRZY18EyNm5A%3D%3D\n", "hidden": true, "question": "Profiles or socials of other main team members publicly associated with the project: ", "questionId": 8}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Have you read and confirmed your grant abides by the Program General Eligibility Policy? https://gitcoin.notion.site/GG18-Eligibility-cb4a5754c56043d4b3ed34eddbac261c?pvs=4", "questionId": 9}, {"type": "paragraph", "answer": "By making emission units from cap and trade programs more accessible, we create an opportunity for the public to influence the price and the cost companies must pay to release new greenhouse gasses. The higher the cost, the greater the incentive for companies to decarbonize.", "hidden": false, "question": "Please explain how your project meets the round-specific eligibility criteria. ", "questionId": 10}, {"type": "paragraph", "answer": "None.", "hidden": false, "question": "What previous Gitcoin grant rounds has this project been a part of? Please share any new updates or milestones from the prior months.", "questionId": 11}, {"type": "paragraph", "answer": "Carbonlinked's holdings is a measure of impact. It is a measure of public holdings that are not being used by emitters. ", "hidden": false, "question": "How do you measure the impact of your project? Please provide examples and/or standard metrics. This might be used in future impact reports ", "questionId": 12}, {"type": "paragraph", "answer": "We are affiliated with AirMiners, having completed their launch pad program. Airminers is a non-for-profit organization focused on accelerating carbon dioxide removal. ", "hidden": false, "question": "Anything else you'd like to share about your project, previous work, or other project affiliations? Anything you'd like to add that may help in determining project eligibility?", "questionId": 13}, {"type": "dropdown", "hidden": true, "question": "Would you like to opt-in to future messages from Gitcoin for updates, information, and/or interviews? ", "questionId": 14, "encryptedAnswer": {"ciphertext": "t3a8CfjQfdbIrguId/8ZVfw0UgqRpkjX3dzTbdBDbKk=", "encryptedSymmetricKey": "b4d6a5e53d768a836c0e9fd53ecd7ce2aa854350d5db38dac75ec581bf1e6983c4d007bd07557468806b4ae48e6b5f15e0808457fd316255c24ee35c4a1e9d6192580d1af9f2e11b3eada93ef6fc0d969aa076319cbe80438bbe6976dcd9da810056827029cc2af8c447847ab500f3426b5a05ef6ff47f4babbcce80d5a1ccd600000000000000209e9c4f10cc6027ac79ec4fb6c970fc139d94d8a66df00a6cb952b61ae20167d504dcc2915e085181125e25d300265f83"}}, {"type": "dropdown", "hidden": true, "question": "Would you like to opt-in to us sharing your information with select third-parties for investment opportunities? ", "questionId": 15, "encryptedAnswer": {"ciphertext": "1egKs5BPhKDb+2/w61YI5tahPJ/SZlW9PQYlD3JTtQE=", "encryptedSymmetricKey": "8e4316f2f6388cbd4bfd9339ea130ace4c7217a3132a30ab220ba65cd223163999ed66178c8f8d15076f1048b946c907910e096a518ba2c4b0155a57ddf1420e6c6c906be2c40959e1a3ee89bb319bc8ad5080bfd92fd3e160d507f8035b61a2df199b5a6a02a0dc1de23c5924eda39e364cabc2552fa4ad901548e6d08807f900000000000000201193f35e0f07b78a01380fb0d9fcdb34fa1cc64985f0b055856a3383642b3c33e614232050e831b46c4b61216246da86"}}, {"type": "dropdown", "hidden": true, "question": "Would you like to be included in an additional 100k sub round funded by Shell? All grantees will need to agree to a KYC process to be eligible to receive these funds.", "questionId": 16, "encryptedAnswer": {"ciphertext": "hhwAyI0S0WdLpKiwTocBV5jIckX5lsCTsaZlGKMpCyo=", "encryptedSymmetricKey": "190047a6e3ba8f603d9e81b5fd492a40d4e9c994eeff2ebb822db7a2fccf98518fa9b021716d7de1bf3e3b28e9df3e095ac4a0dbce17f4d40b3698c48dd636425d322db5183785f45e5c1ecf44ec44ed746ea53ce4b1ebe606e69ab3f7ae3087e5a0af3f148b2214879e2c8c090a6dda624b7fba2421d6be5e9c9fd9a8abb72100000000000000204ee4a3d64b6a00b9307ad75bbc13eca6674d2469c1ac374c73b7c15b0672093e6eaeea45a498f644a02371330ed19996"}}, {"type": "dropdown", "answer": "Oceania ", "hidden": true, "question": "Location/Region where the project is based ", "questionId": 17}], "project": {"id": "10:0x8e1bD5Da87C14dd8e08F7ecc2aBf9D1d558ea174:913", "title": "carbonlinked", "logoImg": "bafkreihbgb4qs6r6hcpd6zhrk6hvgamgcthvgpjjagqv4qcn3wb5rqs3ue", "metaPtr": {"pointer": "bafkreihiip4egbo4yo6fq3wa6ynhzbbryh7awvkwx4i5brw7hjvv6ekyoe", "protocol": "1"}, "website": "https://carbonlinked.com", "bannerImg": "bafybeiemdu6rphxpusiabn7v4j542on5a52pw5myhfyjy34mcpkzxb6dwu", "createdAt": 1691900219629, "userGithub": "bissella", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..kSwGx1m0-dVb14QfVESrg2O8x1MWXe5-fRT3y6VM6DmXWP2Ke1onfqn0IvJYohd0LK5sJrNpgOYAOPIis6UvAA", "type": "Ed25519Signature2018", "created": "2023-08-13T04:11:32.731Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-08-13T04:11:32.731Z", "expirationDate": "2023-11-11T04:11:32.731Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xFd9d5F198207c684eDffFD2675f20f581771387F", "hash": "v0.0.0:TwUvC65FGSEnDivniZ092O+sh2JB94lWWwA4rMIuKKg=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#carbonlinked"}}}, "description": "\nMany people feel powerless against climate change. Industrial emitters continue to release greenhouse gases, a major contributor to climate change, while the public faces the consequences of climate disasters. Carbonlinked provides a solution: a unique token that brings the power to influence climate action into the hands of the public.\n\n---\n\n# Understanding Carbonlinked Tokens\n\nEach carbonlinked token corresponds to an emission unit, held by carbonlinked. For instance, the NZC token represents a New Zealand Emission unit within carbonlinked's account. By transforming these units into tradable tokens, carbonlinked offers the public:\n\n* **The Power to Influence:** Purchasing and holding these tokens can directly affect emission prices. As these tokens become scarce, industries face higher costs to release new emissions. This makes investment to decarbonize their products more attractive.\n\n* **Investment Opportunity:** With the decreasing availability of emission units through cap-and-trade programs, these tokens are positioned to become valuable assets.\n\n---\n\n# The Cap-and-Trade System Explained\n\nGovernments employ cap-and-trade programs to encourage industries to reduce emissions.\n\nThese systems work by:\n\n1. Setting a maximum limit on emissions.\n2. Issuing tradable emission units, whose prices are market-driven.\n3. Gradually reducing the number of available units.\n4. Enforcing strict regulations to ensure compliance.\n\nThe price of these emission units is critical. The more expensive they become; the more companies are motivated to reduce their footprint.\n\n---\n\n# The Challenge: Public Participation\n\nCurrently, the public faces barriers in purchasing emission units due to:\n\n* Complex administrative processes.\n* High minimum purchase requirements.\n* Steep fees.\n\nThis keeps the public out of the emission market, resulting in a distorted price that does not represent the true cost of climate harm.\n\n---\n\n# Carbonlinked's Solution\n\nCarbonlinked issues tokens, backed 1:1 by emission units. Here's a simple walkthrough using the NZC token:\n1. Emission units (NZUs) are deposited to Carbonlinked.\n2. Carbonlinked mints equivalent NZC tokens.\n3. These tokens are sent to the depositor, after fees.\n4. Users can then trade these tokens or redeem them for emission units.\n\n---\n\n# Maintaining Token Value\n\nShould the token's value drift from its emission unit counterpart, an arbitrage opportunity emerges where someone can profit from buying one and selling the other. This mechanism keeps the token price in check with the emission unit.\n\n---\n\n# The Real Benefits\n\n* **Combatting Emissions:** Holding Carbonlinked tokens effectively curbs the emission unit supply. This makes it more expensive for businesses to release new emissions.\n* **Scarcity-driven Asset:** Emission units are set to become scarcer over time. Token holders can benefit by trading them or redeeming the underlying units.\n* **Betting on Tomorrow:** With many governments lagging in climate targets, a reduction in emission units (the cap) is expected, making these tokens even more valuable in the future.\n\n---\n\n# Why Blockchain?\n\n* **Accessibility:** With internet access and a wallet, anyone can participate.\n* **Digital Ledger Security:** Secured by the Ethereum network, users have complete control of their assets.\n* **Transparency:** All transactions and holdings are visible on the blockchain.\n* **Limitless Integration:** Tokenized units can be integrated into various smart contracts, from loans to insurance. The possibilities are endless.\n* **Fractional Ownership:** Tokens can be divided, accommodating all investor levels.\n\n---\n\n# Costs and Security\n\nCarbonlinked charges fees only during the token issuance or redemption. The entire minting and burning process is overseen through a secure multisignature wallet managed by Carbonlinked directors. The token contract is upgradable for future adaptability.\n", "lastUpdated": 0, "projectTwitter": "carbonlinked"}, "recipient": "0xFd9d5F198207c684eDffFD2675f20f581771387F"}}