MAX IMPACT EP. 403 Treegens AMA Party

Recorded: Jan. 19, 2024 Duration: 2:05:22

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Let's grow, ladies and gentlemen.
Shall we grow?
I think we should grow.
Let's get to growing.
Here we go.
Here we go.
That's unexpected.
Yeah, y'all, that's fine.
Yeah, y'all, that's fine.
Let's get to growing.
Let's grow trees and have keys.
We got Kabir and Abidlin.
We got Mr. McGee.
All right, we're going to have some fun today.
It's Friday.
Let's grow.
If you haven't retweeted the space yet, bottom right.
Type let's grow in the comments.
And let's grow.
Let's grow.
Let's see some emoji dancing, guys.
Top of emoji to the beat.
One more time.
Hearts up.
Love is the key.
Let's grow.
Let's grow.
Let's grow.
Let's grow.
Let's grow.
Let's grow.
Let's grow.
Let's grow.
Put your fists up.
For the regeneration.
It's true.
Revolution.
must occur first, inside of you.
Let's get started.
You can continue to be a slave to the financial system and watch the continuous rulers, depressions
and injustice across the globe while placating your sins with vain entertainment and materialistic
Or you can focus your energy on a true, meaningful, political change that actually has a realistic
ability to support and free all humans, the choice lies in peace.
There will not be any solutions, plans presented in mind with these figures here today, because
these numbers are too uncomfortable and you are still not mature enough to turn it like
You are failing us, but the young people are starting to understand your betrayal.
The eyes of all future generations are upon you and if you choose to fail us, I say we will
never forgive you.
We will not let you get away with this.
Right here, right now, is where we draw the line.
The world is waking up and change is coming whether you like it or not.
Right here, right now, right here, right now is where we grow, now, right here, right now
Let's grow!
I'm sorry, but I'm dying.
I'm tired of your success, but I'm flexing.
You're in the beginning of a mass extinction.
All you can talk about is money and penalties.
I've just heard you from a pro.
Come get it!
What's up, trees NFT?
Just followed you back. Let's grow.
Let you get away with this.
Right here, right now, is where we draw the line.
The world is waking up.
No, one up, one up, one up, so...
What's up, fam? Happy Friday!
Loving the beast, bro. Loving the beast.
Thank you, fam. Thank you.
Do you still love this new song?
Just back there and we'll read you your music.
Do you love value in this?
You're failing us.
Would you get away with this?
Let's grow.
The world is waking up.
Right here, right now.
Right here, right now.
Right here, right now.
Right here, right now.
Right here, right now.
We're gonna do this one more time, everybody.
Clap to the beat.
Let's grow, ladies and gentlemen!
We will not let you get away with this!
Wait for it!
Let's grow, ladies and gentlemen!
We will not let you get away with this!
Let's grow, ladies and gentlemen!
We will not let you get away with this!
Here we go.
These beings who carefully guard is an aspect of consciousness called light.
At different times, these guardians of light met and worked together in the different realms of reality.
And they designed a time when your plan would go into effect.
These beings are you, and that time is now.
And each of you knows, in the deepest portions of your being, that you have come here for a purpose.
You are beginning to feel what may be coming.
Hello and welcome, everybody, to the Max Impact Show.
This is the live broadcasting show.
Can't you say space?
That is all about empowering you to maximize your positive impact in the world by leveraging the latest and the greatest technology.
Okay, today is the extra special space.
It is the first real AMA that I've done.
I was like, who are we going to get as a guest today?
I'm like, you know what?
I'm going to show up.
I'm going to play some tunes.
DJ TreeGen is practicing.
We're practicing right now.
But thank you for vibing with me.
And I'm going to share with you all some interesting updates about what we're biddling over at TreeGen's.
And then I'm going to open the floor, and y'all can ask any questions you may have.
And we're going to vibe out on this Friday.
So for those of you who are learning a little bit about TreeGen, I'll give you the quick spark notes.
We are helping grow a movement of regenerators through the most rewarding and transparent tree planting technology.
So this tree planting technology, I'm actually doing a video broadcast right now as well.
Across LinkedIn and X.
And we're just going to grow through the green paper.
And by the way, if you guys aren't in the TreeGen's telegram, you can find our green paper in the updates channel.
And leave some comments in there if you want.
You may or may not get some airdrops as well if you were helping to leave your comments on this document here, our green paper.
Put a lot of work into this one.
But yeah, I'm going to go through our roadmap and where we're at right now.
So very soon, our timeline is looking like in March, we are going to be launching TGN.
So TGN, short for TreeGen, is basically the governance token of TreeGen DAO.
And this is essential such that we can do something called proof of plant.
So this is how we actually verify that trees have been planted such that we can in the most transparent way possible issue our mangrove token.
So we have a mangrove methodology.
And our token is called mgrove.
And the broader vision in the longer term will have many methodologies.
But right now we're very much focused on mangrove trees.
Because they absorb 8 to 10 times the carbon out of the atmosphere compared with all terrestrial forests per square meter.
And they also support biodiversity.
They help many animals thrive around them.
And they even filter the water and support the coral reefs as well as help with protection from erosion.
All kinds of different things.
Helping with tsunamis.
They are really the wonder tree.
And that is why I'm really bullish on them.
They're also super efficient to plant.
This is why I am attempting in February soon.
So by the way, here's a bit of a road map on how we're going to be growing the movement.
So I'm attempting the third time.
I've already done it twice.
Breaking the world record for most trees planted in day by one person.
But I'm going to be telling you a third time this time with Guinness World Records on site in Thailand such that we can make that official.
And that is the first stepping stone towards the next stepping stone, which is forming incredible collaboration.
So because of the mega space that I did, a lot of you were here for that.
Shout out to Mr. McGee and a bunch of y'all.
But kawagumba, I was live for 60 hours straight like a crazy person.
I slept for 45 minutes from Friday morning to Sunday night.
Doing something called the Max Impact Mega Space,
which is really to get the attention of Mr. Beast to encourage him to do the one sub, one tree campaign.
So those of you who don't know, he actually planted one tree for every subscriber that he had when he passed 20 million subs.
So he did 20 million trees, paying a dollar each.
And we're encouraging him to maintain now that he's passed 200 million.
And also mangroves are so efficient to plant.
You know, they're very doable for only 10 cents each.
So that was the campaign.
And through that, we got three.
And now we actually have a fourth connection directly to Mr. Beast.
And he, of course, has many other influences around him.
That was really like a group effort to do that 20 million trees.
That is the second thing.
So once we have people like Mr. Beast, organizations like United Nations Earth Day,
I also have some great connect contacts there now since COP.
And even before that, through the Earth Day in Tanzania,
such that we can really unite the world to break the next world record,
which is mostly planted by any number of people in the world,
which is 560 million, done by one single country.
This was Ethiopia that did that, right?
I think Thailand can do more.
I think that imagine if the entire world were to come together for Earth Day to really make history together.
That would set the regen movement, the regenisance, if you will, in full motion.
And this is also kind of important because we need liquidity on both sides, right?
Not just stables and things like that for the market of the MGRO token,
but also on the other side of the equation, we also need to mint MGRO.
And literally, we can't just mint it.
The only way to mint this token is through proof of plant.
You actually need to plant trees.
And this is decentralized tree planting, guys.
You know, it's not anyone around the world.
If you're near MGRO trees, the 118 countries where they grow, right,
can be empowered to plant these trees.
Or if you come to one of those countries,
and we'll have many different options to do that,
then you can plant them, you film them on your phone.
Once you film the trees, our AI tree counts,
and I can show you a video of that soon as well,
counts the trees.
Within 40 seconds, we have the number of the trees.
It's far more accurate than what a human can count.
And the DAO, this is why TGN is important.
Because much like how with proof of stake, folks stake their tokens
in order to verify the blockchains, the transaction from the block, for example.
This is verification with staking for the issuance of the MGRO tokens.
So people do this the right way.
They're verifying all the data, not just the videos,
but also the GPS coordinates and also these different data points
that we put together for them.
If they do it correctly, they get 5% of the MGRO that's minted.
And if they do it incorrectly, then they get their TGN tokens slashed.
So this is how we hold them accountable to actually do the verification
in a nice and decentralized way.
And the DAO can also do a lot of other great things
that we can get into as well if you're all interested.
So that is step one, TGN.
Let me bring up the roadmap here.
This is the mini roadmap.
There's actually more to this, but this is like immediate roadmap.
So TGN, then MGRO.
And the non-fungible updates are already actually live,
but this is going to be more and more automated.
And this ties into MGRO actually.
So in order to get your non-fungible updates
in an automated fashion in the future,
what we're going to be doing is basically,
once you burn your MGRO tokens,
that is how to get the non-fungible updates sent to you.
This is when you can make a claim.
Much like how you can't make a claim that we're carbon neutral
when you buy a carbon credit,
you actually have to retire the carbon credit.
When you retire this eco credit, this MGRO token,
that is when you can get your non-fungible update.
And basically, that looks like a video of the trees being,
you know, AI tree counted,
all this different stuff sent to you in the form of an NFT video.
And another thing that happens when you burn your MGRO tokens,
and of course, people can sell them.
And we have an option for people to sell them in a liquid market.
We're having a lot of conversations right now with various different market makers
to try to make sure we bring upon the right market makers.
We're having discussions about getting $10 million
paired with MGRO or with TGN
and similar things with MGRO.
Basically, you can sell it, but if you hold it,
then we retroactively reward you as well.
So things like Optimism, RetroPGF,
they're giving out a quarter million OP tokens,
but for something called a Growth Experiment Grant,
which we're applying for.
And basically, the kicker of this,
and that's like $750,000,
it just shot up to like three OP,
and we're only at the start of the bull.
One OP is about $3.
But the thing with that grant is you actually have to give it out
to the community.
We're not, as an organization,
able to just exchange it for stables or fiat.
We actually have to give it out to the end users,
which is actually perfect.
So if MGRO moons,
the demand for tree planting is hopefully also going to skyrocket, right?
People are going to be bullish on tree planting,
like, oh my God, we can plant trees and earn all of this money.
We want happy days, and that's what we want, right?
We want to make history and incentivize people to plant trees.
But if it goes down in price,
that's when we start slow, or the plan,
and this is not a promise,
but this is our plan, so that you know,
is to airdrop the holders of the MGRO tokens, right?
So if they're holding them, we would airdrop them,
similar if they have an NFU,
initially from things like these grants,
but also we're planning to leverage carbon forwards.
This is another update for you.
So we actually have no interest in selling carbon credits right now.
What we're planning to do is something that's called carbon forwards,
and carbon forwards are where you leverage
the future value of carbon credits in the short term.
So you'd sell them as a forward to an impact investor, right,
before they actually become carbon credits, right?
And of course, they're buying at a reduced rate
because they have some risk involved,
but it means in the short term, you can multiply the trees,
one, you can support conservation initiatives on the ground,
two, and we can, in theory, airdrop the holders of these MGRO tokens.
So that's a bit more longer term,
but recently, my brother is in Brazil,
and what's really interesting about Brazil is they have community land.
So in community land, basically,
the community owns the rights to carbon credits.
In a lot of other locations,
such as mangroves or by the coastlines,
it's government that owns the rights of the carbon credits,
and you have to do a collaboration with the government.
And unfortunately, in a lot of these countries we've been in,
in East Africa, there's a lot of corruption.
And so we don't want to go down that route,
so it just takes a very long time.
However, in places like this, with community land,
we can partner with communities,
and that makes a lot more sense,
and it's a lot quicker to do things like these carbon-forward deals.
And, okay, now, tying into the DSST,
so let me just show you real quick,
as an example of what this looks like.
This is the TreeGen NFT.
It's the world's first dynamic, semi-sole-bound token.
So you can see here an image of these.
There's two lights, right?
So there's one light on the mine, one light on the heart.
The light on the heart actually gets brighter
when you plant trees, right?
So when mGrow is issued to your wallet,
and the light on your mine gets brighter
when you actually retire the mGrow tokens,
when you fund trees, right?
So it's gamification of tree planting.
We have leaderboards and stuff set up as well,
all of this good stuff.
And basically, yeah, we're gamifying tree planting.
We're making it fun.
We're making it competitive.
And it's like a social thing.
You get to show up to the world
about how you're making a positive impact
by basically doing that.
So, yeah, some developments on this side.
We're looking like in March,
some of these things will be going live,
will be growing live, doing a lot more tests.
And then in time for April,
all of these things will be ironed out and crushing.
And yeah, that's kind of where we're at.
Now, there are some different aspects to this,
but I kind of want to open up the floor
to see if y'all have any questions.
I'll stop here.
We can go into how the software architecture works
for the Dynamics Semi-Soulbound Token.
We can go into AI tree counting
and things like that if you'd like to.
But this is the crux.
I hope this makes sense.
But if it doesn't, please let me know.
Please let me know if you have any questions.
Trees NFT.
I feel like we're a bit cut from the same cloth here
with the trees and the NFTs.
What are your thoughts
and what are your questions, if any?
Yeah, what up?
What up, everyone?
What up, Jimmy?
Everyone listening?
Really happy to be here.
Finally actually getting a space with this community.
Really good.
Yeah, so you dropped a lot of knowledge there, bro.
I just wanted to clarify.
So the proof of plant that is basically
in a simple sense, people plant trees
and confirm proof of it
and they earn your governance token.
Is that right?
So the token, the eco-credit is what is earned, right?
So basically it's called MGRO.
So it's a mangrove eco-credit.
And in order to verify that these trees have been planted
in a decentralized way.
Oh, stop Pierre's in there.
Look at this.
Mr. McGee.
Oh, sorry.
P.P. McGee is what I used to call him.
Mr. McGee is James who just joined me up on stage.
But yeah, so no, what gets issued through proof of plant
is the ecological credit, right?
It is the MGRO token.
But what is at stake, much like proof of stake
where you put something at stake
to make sure that you're doing this the right way.
What is at stake is your TGN, right?
Your governance token.
Does that make sense?
Yeah, yeah, that makes sense, bro.
Right on.
So yeah, that's the way that goes.
An example you could think of
is if you look at open forest protocol,
they're kind of doing something a little bit similar
to carbon credits.
So in a decentralized way, people stake a token,
a governance token, and they verify different data
to verify that carbon credits should be issued.
So they're doing with carbon credits.
We're doing with ecological credits.
We're looking at all different forms
of the ecological benefits framework
from carbon to biodiversity, to water,
to soil, to air, to equity.
And we're looking to measure all of these different things
a little bit longer term
to leverage that impact.
People who might want to make claims on that impact
such that we can do more of the good thing, right?
We can fund the positive impact
and do what is necessary to be done.
So yeah, there we go.
So yeah, feel free to shimmering up here, guys.
We got Mr. McGee up here.
We got civil monkey.
What's growing on, fam?
Yeah, feel free.
Chime in.
Hello, hello, hello.
Yeah, thank you so much for collaborating there.
So let me just ask, and I don't know,
I may have missed something, but how does the,
you said the retiring essentially of the token,
that's when something gets funded.
So maybe could you go through like that stream of money?
How does that work?
So I get a token when I planted something,
and then I get air dropped the other token
that's not soulbound, that can be traded.
And then when I sell it,
how does that funding part that you mentioned,
how does that come in and how does that exactly work?
Okay, so let's go through.
So you mentioned soulbound.
So the only thing that is semi-soulbound, by the way,
for those of you listening,
you don't know what soulbound means.
Soulbound just means non-transferable, right?
So a POAP, which by the way, there is actually a POAP
for this space, I'll link to it below.
But so that's the idea with the DSST, the NFT,
semi-soulbound, you could trade the arts,
but you cannot trade those impact metrics.
I don't think I explained that very well just right now.
Those lights that show how many trees you've funded
and you've planted that are overlaid on top of your NFTs,
so here you can see another little example.
Those are non-transferable, whereas the art is.
Because the majority of the revenues from the top NFT projects
actually come from the resell royalties
and we can use those to make more impact as well.
So you can't trade the art,
but you cannot trade the impact metrics
because that's where we're gamifying, right?
So that's just on the soulbound, semi-soulbound part.
Now, what your question is,
so when you retire things, how does the flow kind of work?
So basically, if you have either bought MGRO tokens
on an exchange, we're trying to get this listed
on exchanges as well soon,
or if you plant trees and you get issued them yourself,
then you have the option of retiring an eco-credit
in order to make a claim.
Now, what's an example of this?
So for example, you see Kyoto Protocol,
they are a pretty big refi blockchain that's launching soon.
They funded us to do a million MGRO trees,
even though we haven't launched yet.
They wanted to make a claim,
which is we funded a million trees, right?
And in order for you to make that claim,
you have the option to buy these tokens off the market
and burn them.
Now, when I say burn them,
that means send to a dead wallet address, right?
So 0x000, for example,
or like one of these known dead wallet addresses,
you'll be able to do that on the website,
retire those ecological credits, make a claim.
Now, that's that one flow.
And then the next flow is you can get a non-fungible update.
This is like your proof,
like you can post this on social media,
you can have this as an NFT,
and the NFT is a video of every single tree
that's been planted, right?
It'll equate to how many you've burned,
because you can burn them in different batches,
100,000, 10,000, for example, million,
and then you get that video with AI tree counting.
So that's one digital asset that you get right away.
Now, the other things I think you mentioned about airdrops
and stuff like that, again,
like we're not making promises about that,
maybe for securities reasons, things like this,
but it's like retroactive public goods funding.
It's like if you do a good thing,
we can retroactively reward you with the things
that I mentioned before, like grant funding,
or carbon forward revenue,
or sorts of different things like that.
Does that make sense?
Yeah, that makes sense.
I think what I meant with the airdrops
was more the claim.
I think that's...
So essentially, when I've proof
that I've planted something,
then I have the ability to claim MGRO tokens, right?
Oh, so you're saying from the origination side.
So let's say if you plant trees, you get them verified.
Let me bring back this thing on the video stream.
Yeah, so you plant trees, you film them, right?
And then in the web app, you submit the video,
it gets AI tree counted, it gets verified by the DAO,
and then it gets sent to your wallet address.
So you'll have like a tree gen planter profile,
and then you'll receive the tokens.
We should be able to send those out to your wallet
such that you get the MGRO.
Right, so do I first get the semisoulbound token?
Is that like two steps or is that the same step,
getting the semisoulbound token
and getting the MGRO tokens when someone has planted something
and it's verified?
Okay, let me just go back to the roadmap here.
So what you're talking about is the NFT,
the dynamic semisoulbound token.
This is optional, right?
Like someone in Nigeria, for example,
who wants to go out and plant trees
and get these MGRO tokens,
they can get a DSST on the market if they want
or maybe we'll give them out to certain people
if they're really crushing it on the leaderboard,
for example, right?
But it's optional.
I think this is more for like different regions
who might want to get an NFT, a DSST,
and show off to the world how many trees that they've funded,
the light on the mind,
or how many trees that they've planted physically,
the light on the heart.
And you might not live near mangrove trees
and we will have different methodologies
for different trees in the future,
but also we're planning, co-planning, co-biddling,
the Reginaissance Festival, ladies and gentlemen.
So this is kind of a part of our roadmap,
although this is like, this is not just tree gens, right?
This is the whole refi movement coming together,
much like how Burning Man is built by the attendees,
this festival is built by the refi movement, right?
So there's already dozens of startups
that are coming together for this.
Well, initially there, yeah, there's like, I mean,
we had 50 plus from Let's Grow Live
and a bunch of those are coming together,
but we're also reaching out to tons of other refi startups,
some of the more established ones,
and, sorry, just signing in here.
And so, one second.
So at that festival, for example,
you'll be able to plant trees, mangrove trees specifically,
and then be able to, okay,
I'm just bringing in the little tree gen profiling here
as well so you can see.
And then you can basically, yeah,
plant and we'll like onboard people at the festival as well.
So just try to give as many people as possible
the opportunity to do this.
But even if, let's say if you're in America,
there's Florida where you can plant mangrove trees,
there's a lot of different locations.
But yeah, hope that made sense.
Okay, we got some hands as well.
I think Mr. McGee was first,
and then we'll get back to trees NFT.
Just to make sure we're clear,
you are launching on Polygon Network, correct?
So this is for the testnet.
Testnet, okay, we do have plans to be multi-chain
in the future, but we're currently in the testnet.
It's on Polygon, but our plan is to be on Optimism
and potentially be multi-chain
so people can bridge back and forth.
We might be doing something with Kyoto
that's a little bit up in the air.
I recall with Frank getting soon.
But Optimism, like I said before,
it ties into our strategy of being able
to retroactively reward the end users.
So if the end grow token price is mooning,
everyone is super stoked and incentivized
to plant mangrove trees, but if it goes down,
then we want to be able to send them stuff.
And if Carbon Ford revenue isn't there,
then we have these different grant opportunities.
And Optimism is doing a lot to fund public goods retroactively.
And so we are leaning towards Optimism.
All right, so that's one.
And then, yeah, do you still have a question?
Your hand's still up.
Oh, you can get to others first.
We can circle back.
Trees NFT, what's going on, buddy?
Yeah, bro, I just wanted to say
you sort of already answered the question.
I was going to say, like,
explain it to me like I'm five, you know?
Like, so I'm planting trees,
but you pretty much cleared it up.
You plant the trees.
You get film evidence of it.
You submit that.
That gets verified.
And then you earn.
Yeah, so that's pretty much it.
And I just wanted to cover, but you pretty much covered that too.
So this is strictly mangroves, this project, right?
Initially, yes.
We have a mangrove methodology.
I'm a bit of a mangrove maxi.
But in the future, it is our plans
to expand into a variety of different trees
and create methodology for different trees
and tokenize different trees.
Right now, yeah, we're very bullish on mangroves
for the reasons I mentioned before.
Absorb HSN times more carbon.
Incredibly efficient to plants.
Fantastic for biodiversity.
If you look at the ecological benefits framework,
mangroves kick butt.
They're amazing.
And so, yeah, we're specialized in mangroves
for the initial.
Oh, that's great, bro.
I just wanted to clear that up.
That's great too, man.
We love our mangroves too.
We love the mangroves down here in New Zealand.
New Zealand, nice.
We have a few issues here,
especially around the area where I am.
We have people removing them.
And it's fucking real just horrible for the environment.
And so we've had a few battles with that down here.
But yeah, we love our mangroves.
We've got some amazing estuaries here
and some beautiful mangrove plants.
Nice, man.
Yeah, it is.
So I think nourishing for the soul to be around mangrove trees.
If you guys ever get a chance,
it's just such an amazing environment with all the animals
and your feet and the soft kind of muddy ground.
It's beautiful.
You guys, I can't wait to show you some of the amazing mangrove areas
for those of you who go to Regina Sans Festival,
November 17 to 21 in Kopangan, Thailand.
But yeah, just to speak to this quickly
about the deforestation of mangroves.
More than 57% in Thailand, for example, have been cut down.
And it's really sad how much of this incredibly vital lifeline
for our environment has been degraded.
And I was just talking about this recently.
One of the main underlying problems of deforestation is poverty, right?
If people can make money, make more money cutting the trees
than they can regenerating them,
what do you think we're going to see in the world, right?
That's just the way the world went about.
Apex bees spamming the hearts.
I love it.
So basically, here's the thing.
We want to tip that scale, right?
We want our economy to value the regeneration of nature
more than it values the degeneration of nature.
Right now, that scale values degeneration more.
And that's why we see a big part of the world we see.
There's a clear value.
You cut down the trees, you can make frickin' wood
or charcoal and all these different things, right?
But if we can leverage Web3 to put our values back into what we value, right,
then we can realign that and ultimately shift what our economy values,
and we can see the world a lot more regenerative.
Now, I mentioned before that approximately 50% of carbon-forward revenue,
we are setting aside for conservation initiatives,
local programs that can be launched adjacent to mangrove trees.
There are many examples that I've seen already in Kenya.
For example, fisheries, because mangroves actually support the fisheries.
Crab farming, mangrove support crabs.
Beekeeping adjacent to mangrove,
some of the most delicious honey in the world actually comes from mangrove trees.
It's dark and has all these antioxidants,
and it tastes actually delicious.
And of course, it's organic because, you know,
it's natural mangroves.
And so by supporting these kind of businesses,
we're not only helping with the problem of poverty,
but we're also supporting these businesses
that really will help shift the way that people see these trees, right,
as something that is valuable while they're alive
and not just valuable while they're dead.
And hopefully, they're more valuable while they're alive
so that we can prevent the deforestation of these essential trees in the future.
So yeah, good point.
And I did unfortunately see...
In Kenya, there's...
Last I checked, someone told me that you can actually get five years in prison
for cutting down mangrove trees, but it still happens.
Because if people got to put food on the plate,
they're going to do whatever it takes, right?
And so we just want to create an abundance of economic opportunities
around these vital trees,
and that's what we're doing with proof of plant
and the tokenized mangrove trees.
All right, happy days.
I think civil was next, and then we'll get back to Mr. Magee.
Grow ahead.
So you basically already touched on the second question that I had,
which was, is there a component?
And I was pretty sure I heard you mention it before,
but yeah, in terms of conservation and not only planting,
so I'm super happy to hear that.
And there's probably a whole lot to get into,
which is probably more in the future of how to decide
and how to prioritize regions and whatnot,
and even within a region, and does that need to be a career fund?
Do there need to be passports?
Does an MGRO become a one-to-one voting governance token,
and however that works?
But yeah, thank you so much for touching on that.
And just to finish off the point before that,
I'm pretty sure that I now got it.
So the reward is through the MGRO token,
which is a fungible token that you can claim
after a verified tree planting thing has been verified.
So essentially, it's how much the reward is.
And I guess, yeah, how much it's worth
is depending on the price of the MGRO token in the market,
but it can't really be...
It's not really inflationary.
No one can press a button
and just create 1,000 new MGRO tokens.
They only get created when new mangroves are planted.
So that makes the volatility a little bit...
Probably less than the average volatility of cryptocurrencies
and the dynamic semi-sole bond token.
I hope that's the way, the correct long-form version of the acronym.
That is something that people can claim
after they've planted mangrove or more.
Okay, so there's a couple of things here.
So the first thing you said was MGRO as governance?
No, so we have TGN for governance.
That is our governance token of the DAO.
And this could help us vote on maybe different decisions,
maybe we want to fund a beekeeping thing
or a crowd farming thing or whatever.
Or like you said, we could do a QF round,
leveraging these amazing quadratic funding tools
so we could turn those existing carbon-forward revenues
into matching for different things
that different committee members can decide.
And we can allocate TGN to people local in the community as well
who would be able to vote or at least put forward these proposals
or hopefully they would influence that.
There's different ways that we could do that
and ultimately the DAO will decide that.
That was the first thing.
The second point that you mentioned around MGRO,
yes, it is going to be a volatile market.
And I think that, yeah, it's different to most tokens
where it's not like people being able to just dub the token.
And even for TGN, by the way, there is staking.
The team has, we're budgeting about a sixth
of the allocation towards team,
but that has a one-year cliff.
So there is no possibility for anyone on the team
of tree gens to sell before that point
and then over the course of four years,
it slowly gets released.
So this is called vesting.
So there's that.
But for MGRO, there isn't even able,
there is none of that.
There is no allocation.
It is literally only able to be minted
when someone plants trees.
And yeah, I mean, look,
the supply could actually increase quite a bit
around Earth Day, right?
Because that is our plan.
It is for a lot of people to plant trees.
And we hope a lot of people mint MGRO.
And so the supply is going to go up.
But we then have to balance that with,
so there's this potential sell pressure of that
because people have the option to sell their MGRO
on a liquid market.
And how do we balance that with the buy pressure?
Well, some people might want to buy MGRO
in order to make an ecological claim.
Some people might want to non-fungible update these videos.
Some people might want to buy them
such that they can upgrade their DSST, right?
You don't claim the DSST.
This is going to be for sale.
It's an NFT that is dynamic.
And it visually levels up when you fund or plant trees.
And the only way to fund trees
is to buy MGRO and retire them.
And that's what makes the mind think.
So that has these different buy pressures.
Also, if people simply hold the MGRO,
the planters, instead of selling them,
then we have all these different ways
of retroactively rewarding those people as well.
And so, yeah, it's interesting.
We've thought a lot about the tokenomics
and how can we make people continuously bullish on trees.
We don't want this to just be a spike in price
and then be a short-lived thing.
We're thinking about the long-term here
and how can we continuously drive demand for it,
how can we continuously reward holders
so that they can stay bullish on it
and ultimately make people value the regeneration of nature more.
So that was the second point.
The third point you were getting was about claiming DSST.
You can't claim it.
You buy it.
It's not essential for every tree planter
to have a DSST, one of these NFTs.
They're going to be pretty rare initially.
We're planning to do a small collection
and then we're going to do a bigger collection down the line,
which will look different.
So there are some of the different variables there.
Okay, back to you, Mr. McGee.
Well, I think that you touched on it
that you're going to have conservation efforts.
I think I just would like to chat with you
a little bit more about that.
I think that there's a lot of potential
in adding value to planting trees,
but I also think that keeping the living trees alive
is very important.
And just by using the tools we have in basic math,
we can drive a lot of value into planting trees,
but we have to make sure that that value isn't enough
that people start cutting down old trees to plant new trees.
And I think you're working on it.
I think that if we can find a way to tokenize
the longevity of trees, which I know you've scaled
how you get paid out the mgrove to some extent,
but mangrove trees have an average lifespan
of about 200 years.
And I'd like to see us seeing them grow to maturity.
And I know you're a couple of years of the process,
but by that time, hopefully we have a step two
of like this is worth just as much to keep
those same trees alive.
Yeah, definitely.
It is through the planting that we can generate
funds from carbon credits or carbon forwards, actually,
that we can then reinvest that back into conservation.
Conservation does cost money.
I think that working with people on the ground,
like community-based organizations, for example,
or people who are near the mangroves that help plant them.
So by the way, when you plant a mangrove tree,
you don't get one mgrove token.
You actually get around a sixth,
there's a small fee for the verifiers as well,
but it's about a sixth of the mgrove token
issued at the time of plant right after it's verified.
And then every six months, people are encouraged
to go out and film the trees again
to do another health check, right?
And then it'll again be counted,
and then they will get an additional sixth
of the, you know, every six months
over the course of three years, so that after three years,
it does equate to one mgrove token per tree, right?
Now, if they don't all survive,
then that is reflected in the sequential issuance, right?
So in this way, one mgrove token will represent
that the trees have really grown to at least three years,
and if they grow to three years,
then the chance of them getting to 25 years
is extremely high, and 25 years is how long it takes
for these trees to fully sequester
approximately 308 kilograms of carbon.
So that's kind of what we're working towards,
and yeah, amazing if they can, you know,
make it to 200, and I think that if we can create,
like, you know, people are doing regenerative tourism,
for example, and I think supporting these businesses,
the backbone behind it, I think a lot of this,
and these businesses have a lot of potential,
like organic mangrove honey could,
I want to see it on the shelves worldwide.
I've only discovered that in Kenya.
I'm sure there isn't a bunch of places,
but I think if some of these regenerative businesses
really take off, then we are going to see conservation
in the long, long term, and that's what I'd love to see as well,
and yeah, I'm not an expert on conservation,
but I've seen a lot of really great regenerative businesses
that I think we should support,
and then we're going to be partnering with, you know,
local conservation experts as well,
like, you know, whether that be government entities
that do conservation or people locally on the ground
and try to partner and incentivize them as well.
Okay, let's get back to maybe human.
What's up, Sebel?
That's a good question.
So, yeah, the NFT, that is like a completely separate thing
with a connection, but like a sole thing.
Thanks for the clarification,
as well as all the other clarifications.
Very, very valuable.
And also, shout out to the team,
like shout out to Carol and Ibrahim.
It's truly amazing.
We're coming together with three giants.
So just thinking this through, right?
There's the burning.
So you can send it to a burn address,
and that is basically like claiming the carbon forward, right?
Or retiring it, sorry.
Retiring the ecological credit, not the carbon forward.
Carbon forwards are completely separate.
It's case by case.
Again, this is another one of the reasons
why we're not promising carbon forward air drops.
We are planning around it,
but let's say if someone randomly plants trees in Colombia,
they plant mangrove trees.
They might not have the rights to the carbon of what they plant.
If it's in a government area,
so a claim on trees and a claim on carbon are two separate things.
A lot of NGOs get funded to plant trees,
and there are claims around that,
but that doesn't mean that people can retire carbon credits
and claim carbon neutrality,
because there's a lot of additional things that go into that, right?
Like measuring carbon, all these different things,
debtors can cost quite a lot of money.
So there are two different claims here.
Someone who's planted trees and the carbon itself.
And so if someone, look,
we want to encourage people to plant trees,
and as a DAO,
we can be planting mangrove trees as well
and trying to issue these MGRR tokens.
I'm also the co-founder of Four Trees Club,
which is a web-to-tree planting organization.
I plant trees. I've broken the world record.
So I will be trying to also do the MGRR thing
and support that.
And in the areas where I have some more control,
like, for example, I gave the example of Brazil,
where it's community land.
Way easier to collaborate with communities
who love these projects so much
because it is a lot more funding that people can make,
even under the Four Trees Club model.
And I think the MGRR model is just going to be
a whole other level of rewards for these people.
Oh, I've got to turn the mic back on here. My bad.
So I was saying that in these other locations,
we can work towards getting the carbon credits
and then using that as an airdrop.
But when someone randomly plants trees,
there's a whole process to get carbon credits.
Or rather, the rights to the carbon credits,
or at least a portion of the carbon credits,
from what you plant.
It is a process.
It is a bit of a bottleneck for us right now.
But we're working through it.
And going to COP28, for example, opened up so many doors.
I mean, it's opened up doors in Brazil for carbon there.
It's opened up doors in Liberia.
I realized that there is community land there as well.
If it's private land, happy days.
If it's government land and it's a corrupt country, nightmare.
It's been really tough.
So I'm not going to sugarcoat it, guys.
It's not always easy trying to work with government
and get the right carbon credits.
But we're not reliant on carbon forwards.
And it's not even in the roadmap here.
And there are other things,
like there's public goods funding mechanisms.
I mentioned optimism.
There's obviously Gitcoin.
There's all these different octant.
There's all these different public grant funding out there.
So we plan to obtain grants
and give it out to the community as well.
And that might be a bit more of a steady source.
But this is, you know,
retroactive public goods funding.
It's not like you're guaranteed an APY and stuff like that.
It's just like,
our plan is to make people bullish on trees, right?
And we're going to do everything we can to make people
as incentivized as possible to plant and fund these trees.
So that's our plan.
Back to you, Sybil.
I always have more questions and thoughts.
I don't want to talk too much,
but for me, at least this is super, super helpful
to kind of talk through things.
And I hope that's also helpful for others
to sort of see what is what and what is not what.
When you said Liberia,
I had to think of a great musician
who's basically, yeah,
being more active
and working with a few people
who are also quite entrenched in Web3,
who is originally from Liberia.
So, yeah.
It's just what I had to think of.
There you go.
Also made some progress in Nigeria as well,
you know, in terms of connecting with people
who can hopefully get us carbon there,
even in Thailand.
Since being here,
we've made some really great progress
with connecting the right people.
I think trees here is a freaking breeze.
Like there's a government program.
They just give you propagules.
They give you seedlings, mangroves,
like massive ones.
And there's like take and plant.
I'm like, do we need like permission?
Like what's the process?
And other countries we've been in,
like Tanzania, Kenya,
there's been these big convoluted processes.
They're like, no, just plant.
Like just go.
Like everyone's just like super encouraging.
They're like free.
And it was like super positive about it and encouraging.
And I got connected to the right people
for carbon here in Thailand really quickly.
I'm super bullish on Thailand right now
and the prospects of planting mangroves here.
I'm super excited for what's to come.
And there's so many amazing places around the world.
I went to Palau and connected with some great people there.
All across like Oceania,
there's a person who's connecting with us as well, Taiwan.
Ultimately, like I said, in all 118 countries,
we want to be incentivizing people
to be planting mangrove trees.
It's decentralized tree planting rewards.
And that's what we're about.
I'm glad that you're all getting clarity from this
because I know I can like speak pretty fast sometimes
during get coin season.
I'm just like shelter show and I speak so fast.
And the fact that we can go through questions,
sometimes we haven't done this sooner, honestly.
It's been a long day going.
I'm glad that we're doing this
and you guys are asking these questions
because I want you guys to get it.
You guys are like the regens are so engrossed in Web3.
If this isn't clear for you guys,
it's definitely not going to be clear for the masses.
And I think like getting the messaging really,
really essential, like simplistic as well
is going to be really key for mass adoption.
But yeah, there's some alpha,
some pretty big people that we're speaking to now
to bring aboard our tree gen team.
And I'm super excited.
And yeah, Carol has worked so hard
not just for tree gens,
but also for Let's Grow Live
to really like grow the movement and get everyone together.
Like she's been absolutely phenomenal
in some of the work she's done with animations,
things like that.
Marco is training her right now.
So Marco, you know, Centropic Regen,
he does a lot of animations and stuff like that.
And he's trained the team as well.
And yeah, Ibrahim is a wizard
when it comes to making these smart contracts.
And we've got some other people you can see on our website,
links to their...
We're all docs, by the way.
There's links to our LinkedIn's on thetreegens.com.
But yeah, okay, over to Mr. McGee.
What's growing on?
Something I just, you know, you mentioned that...
You said that, you know,
whatever the economic incentives are,
that people are aware of,
that's the direction they're going to have to go
most of the time.
I think that...
And you also brought up that conservation costs money
instead of makes money
because of the way the carbon crediting system works
and the way that our economic system as a whole
is structured.
I don't think that this is a problem we...
You know, I understand you have to work around it,
but I believe our community should also be looking
to address that root problem.
Bigger trees absorb more carbon than smaller trees.
It makes sense that maintaining trees
should be of the same value as planting new trees
or even more so.
It does become challenging to alter, you know,
the already existing system
or think about how we can change it.
But I would like us to look into that, you know,
the conversations around conservation
and what we can do.
I think that you're definitely working in the right direction
and I appreciate all the time that you put into this
and all the talents that you helped gather
to make this thing a reality.
I just think that, like you said,
addressing the underlying issues
of the wrong things being valued
and the things that truly have value
being left outside of the economic systems,
I think to address that system,
we have to really look...
You know, obviously you have to build something that works,
but then you also have to look at,
you know, how can we try to shift the future system?
Today, we have access to a wide range of technologies
and tools that no humans in history have ever had.
Automation and digital products are huge.
They're just...
The power is monumental.
And we here in this room can decide much of the future.
And I'm always telling people to think about,
like, compound interest.
Matthew was here and he's talking about, you know,
what happens in seven generations.
Well, if you're thinking about things that compound over time,
a small action ripples into a tidal wave.
Like, we have the ability for the first time in history
as the people to start to guide
the economic systems of the future.
This was always left to the people
who won wars in the past.
Like, brute force took the force
and said, this is how we're gonna do it.
Now that we have options to rewrite all of those rules,
there's a lot of disagreements,
but that doesn't mean any of us are wrong.
A lot of this is new territories.
So just thank you, everybody.
And thank you, Jimmy, for explaining this better.
I do hope to be able to get involved with the networks you get on.
If you're a multi-chain, it'll make it easier.
As always, I'm working to get my community multi-chain as well.
I think that people working together and communicating together
will push this movement farther and faster.
I think that we also need to look at the power
of supporting diversified efforts.
There's a reason that diversified efforts,
you know, in nature and finances succeed.
I think that the tribalism that does exist in this space
is detrimental to it overall.
And that if anybody in the space can overcome it,
it is the regen community.
Beautifully said, Ben.
Yeah, so in terms of how we value conservation,
I think that, you know, conservation is a very complex beast.
I also agree that it is hugely important.
And I'm grateful that there's some really smart regens out there
working on this.
Shout out to Cocoa Dow,
shout out to Agroforest Dow.
You know, by the way, the approach of Agroforest Dow
and how to pretty like the conversation with Tiago about this
is to, again, see, to over time shift how people see these forests.
Seeing them as valuable while they're alive,
seeing them as a resource that can benefit them and their families
and put food on the table, in this case, literally,
with Agroforest Dow and different things like that,
because it can generate,
the underlying problem of deforestation is poverty in a lot of cases, right?
And so solving that problem, changing the perception of how season trees,
I personally think is one of the best ways to conserve forests.
And, you know, because like you could try the activism route.
Like there are people trying to like tie themselves to the trees
and things where there's illegal deforestors in Brazil.
They get shot.
Like it's really sad, but like it's, you know,
some of these deforestors are gangsters straight up
and it's not easy of like how to stop them.
Like there are laws in place, but people are corrupted
and they literally just kill activists.
Like it's crazy.
And in terms of how the, and that's our approach, again,
is to like, you know, support the economic incentives
or also around conservation.
But we need to generate that, I think,
from this established field of the carbon markets around regeneration,
because the carbon markets around conservation are kind of messed up.
Like a lot of the carbon credits that were issued by Vera for conservation
should not have been issued, right?
And Vera is the longest standing verifier of carbon credits.
70%, I was told,
70% of all carbon credits in the world were issued by Vera.
Let that sink in.
And they really dropped the ball.
So many times they just keep dropping the ball,
but like they're just that, you know, been going for decades
and everyone's like, oh, well, this is the standard.
Like, you know, so conservation credits, I'm not very bullish on that.
I think that it's been abused by people who said there was a risk
when there really wasn't a risk of deforestation.
And yeah, I think mangrove, you know,
and also we're not planting in random areas, right?
We plant within two meters of the mother tree.
It's part of our methodology,
two meters of the same tree species at least, right?
So it's not an invasive species, for example.
And look, if you're near mangroves,
it's not that hard to go plant them.
Particularly in places like Thailand, you go,
you get the propagules, you can even find them.
They literally just fall from the trees.
And if they're on the ground and they're not sun damaged
and black, you can just plant them.
They just need a helping hand to regenerate
because it's been so much degeneration, right?
Or in the case of Cyriops de Gaulle,
a certain species, if there's a yellow at the top,
that means they could be plucked from the tree and planted.
It's literally that simple.
You don't need to germinate them in plastic things
and plastic bags and then move those seedlings around
and all these logistics.
You literally take the thing you put in the ground.
It's that simple.
It's straightforward.
Anyone can do it.
We can all plant trees.
It's really straightforward.
Now, can we all conserve the forest?
Can we all reasonably avoid the deforestation?
It's a lot more complex
and we want to support some of the best solutions in there
as a DOW.
But there are people who are just focusing on that
and nailing it.
And there's also local people who live by these mangrove trees
who are starting businesses that depend on the mangrove trees
and we want to be there to support those kind of businesses
because that's a double whammy.
We're solving the poverty problem
or helping solve it by supporting a business in these areas.
But also, the business depends on the mangrove.
So it's like that conservation mindset
of how do people see the trees?
Do they see them valuable when they're dead?
And to what extent?
And if we can tip that scale,
then I think we're going to see the world that we want to live in.
And it starts with mangroves and then we branch out, baby.
Let's grow.
All right.
I think we're going back to civil.
What's up?
And friends, if you're in the audience, you've got a question.
Let me know.
If you can't speak right now, drop it in the comments.
I will check all the comments.
Make sure every single question gets answered.
You know, you can give me some feisty ones, guys.
If you got some hard-hitting questions, let me know.
Okay, so hold on.
Before we hear from you, we have a co-autonomous.
Have you considered approaching the permaculture community
to tokenize their carbon credits?
Mangers are cool, but permaculture is worldwide
and includes built-in stewards.
So to tokenize their carbon credits,
so we're not necessarily in the business
of tokenizing other people's carbon credits.
I think the permaculture is great.
And by the way, Tree Jin,
the person who did all of our designs for it right now,
they did different Tree Jin characters.
He's an absolute prompting wizard and designer
and these different things.
He is a permaculture expert.
He's actually kind of disconnecting from technology
a little bit right now to do permaculture.
And yeah, I think those communities,
we definitely want to collaborate with them.
I think it's a lot to learn about how permaculture is done.
And I'm very big on collaboration, right?
We're all about supporting the regen movement.
And at Regina Science,
we want all the solutions to be supported.
And I want to empower...
The reason why this is not the Let's Grow Trees show, right?
It's about max impact.
I want to empower all of you guys to maximize your impact
because we all need to do something, guys.
We're going to do our possible to put a tent in that bad boy,
but we're not going to solve it on our own.
We need everyone to do all the things.
We need all the conservationists.
We need all the regenerators of every tree.
We need all of the permaculture people to be crushing it.
And if we can support them as a Dao, great.
I'm open to it.
And we're going to be able to put forward proposals and forums
and see how should we be using the treasury.
And that's the vast majority of how these things are going to be minted.
The TGN is to go to the Dao treasury
so that we can put that towards a wide variety of different things.
So this is kind of...
So, yeah, approximately 50 million for airdrops,
50 million for team, and 200 million for the treasury.
That's kind of how TGN is going to be distributed.
So that's kind of the initial there.
And then we'll do...
I think, like, after we do...
Currently, again, in our Telegram community,
I think this is making my bio in my link tree,
leave comments and then we're still in the request for comment phase
and then we will eventually lock this in
and mint or green papers in NFTAB.
But, yeah, so hope that answers your question.
Collaborative we thought of this.
Permaculture, yeah.
If someone has different ideas, we're very much open to it
and I think there's a lot of time for that.
I hope that was an answer.
Okay, back to you, Sybil.
Go ahead.
Just on the request for feedback part,
have you spoken to folks at the Token Engineering Commons?
I connected with them a little bit around the gate coin season
because they're a part of the coin.
But, no, I think that's definitely a really good idea.
We should be reaching out to them.
Them and GravityDAO is, I would say, groups that I would...
Maybe Ibrahim, maybe you.
I don't know exactly who or how, but definitely.
And they are fairly open groups overall,
also around the Gibbeth Token Engineering Commons.
It's very much within the Gibbeth Galaxy ecosystem.
That's definitely people that I would think,
at least some of them, would have quite valuable feedback
around tokenomics and ideas and probably also experience.
We're also bringing in different advisors right now.
But, yeah, I just made a note on that.
We'll be definitely reaching out to them because, yeah,
that's a great public good.
Some really wise people offering advice
on these different things.
Great idea.
Thank you, brother.
Back to you, Jane.
Oh, go ahead, Sivi.
So the thing that I also wanted to talk a little bit about
is the price.
So when, as you mentioned,
when people want to actually get rewarded for it
and get the token and want to sell it,
if that's the majority of what people do,
then one, the price goes down.
And then also, what's the incentive for people to buy it?
Because when they buy it,
they don't get the credit, the ecological benefit credit.
Like, that happens when they burn it.
When they burn it, they don't get a financial reward.
At least that's my current understanding.
Please correct me if there's anything not the way that it's intended.
It's both.
So if you burn an MGRO token,
then you burn a bunch of them, actually.
Then you get the non-fundable updates,
the video, the AI tree counting, et cetera.
We will be rewarding people with those non-fundable updates,
but we'll also be rewarding holders of the MGRO tokens.
So if you're just holding them, we can also airdrop those people.
So that is a part of that to retroactively reward them.
Now, so I was kind of touching on this before of,
if an organization wants to claim,
hey, we funded a million mangrove trees,
and maybe they're like right through Native, like,
Kyoto Protocol, for example,
or even if they're not, Microsoft bought $10 million worth
of tokenized carbon credits from Regen Network
like right when they were starting out.
Different tech companies might be another potential buyer of these.
But you could simply buy the MGRO tokens,
and if you want to make a claim, you could burn them.
Or if you want to hold them, that's up to you as well.
But the idea is that that's one thing,
is if you make a claim that we funded the trees,
the other thing is you might want your dynamic,
semi-soulbound token to level up, right?
We have a leader board.
We want to make this fun, right?
We're not just gamifying the tree planting,
we're also gamifying the tree funding, right?
Multiple leader boards.
If you want to go to the top of that leader board,
you got to buy them and you got to burn them.
So these are the different ways that we're balancing that out.
And the last thing is, as we said,
retroactive public goods funding, right?
Yeah, we touched on that already.
So if you burn or hold MGRO tokens,
we can reward you in different ways.
That is our plan.
Okay, okay.
Because that's important for people to want to get rewarded
to see like either I need to hold for this amount
to get rewarded in like some sort of semi-predictable way.
And then also like yes,
corporations who want to get the credit,
there will be those organizations that want to buy
and then burn it.
But I'm just thinking of also individuals
from maybe coming from the idea of yes,
needs to be like some sort of carbon credit
or some sort of carbon forward
or like how does that conversation go?
How do people who are coming from that angle,
how do they find that?
What do they think of ecological benefit program?
Like I think it's also important to have some education
around that and maybe also like in terms of quantitative metrics,
like what's the equivalent if people want to compare,
like if I'm on a flight and I want to offset it with MGRO,
like what's that like in terms of quantitative metrics
and yeah, just also what are incentives for people to buy?
Because like at the end of the day,
most coins go down and yeah.
Well, most coins are like speculative
and have no real world value, right?
Like carbon credits is an established market.
There's real value there, right?
Optimism, growth experiment to a quarter million OP tokens,
that's real value right there.
I mean the back price could go up and down
but we are planning to inject the real things into that.
Now, you also mentioned for example, flights and offsetting.
It's a different claim and we're actually in,
I'm in talks right now with one of the head people
at Emirates Airlines in order to integrate something.
So already you can, you've probably seen at the checkout
when you were flying like,
hey, you want to offset your travel?
Okay, so offsetting your travel is one price, right?
And I think that people should also have the option.
Okay, do you want to be carbon neutral
by offsetting a portion of a carbon credit from your travel?
Or that's one claim.
Hey, my travel was carbon neutral, okay?
What do you think of this claim?
I funded enough trees which will offset the entire plane, right?
You can't say that it has offset
because there's a bell curve in which carbon is sequestered, right?
It doesn't happen immediately.
It takes time.
There's a delay, right?
But it is so much more efficient to prove that the trees were planted
and you know how much carbon is going to be sequestered,
for example, blah, blah, blah.
So that's what we're trying to integrate into the Emirates Airlines
is like, okay, yeah, give people the option
because it's actually pretty similar price.
Maybe slightly more to offset the entire plane
by planting trees compared to just your travel from a carbon credit
because, you know, verifying and all this stuff costs a lot of money.
You've got to fly those people out.
It'll be like $100,000 to do a carbon project
just for the verification piece, right?
And so it has to be a big scale carbon project
because that's what it all makes sense.
Unfortunately, there's other DMRVs coming out,
but that's the idea.
So that was that.
I feel like there was another part to your question at the start.
There are a couple of things in there.
Question or questions.
Question or questions.
I think I tackled a three-parter.
I mean, I guess like it was probably around the selling
and incentives for individuals to buy,
but that's awesome.
Right, right, right.
So if you remember, this is an ecological credit.
Yes, there has to be.
I mean, ecological benefits framework is a very new thing.
I think it's going to become a very big thing.
The lexicon is pioneering this.
And what most people understand is carbon credits, right?
That's one thing.
But then there's also biodiversity credits.
Then there's also water.
Then there's air credits, you know,
all these different things which can have more
and more demand in the future.
And the more demand they get in the future,
the more we can ultimately hopefully leverage that
and reward people.
Remember, this is decentralized tree planting.
So I think a lot of those other things,
since they are relatively new,
it is actually more straightforward to get,
for example, biodiversity credit.
So the carbon has been going for a long time.
Like I said, there's all these challenges
when it's on government land
to actually be able to issue a carbon credit
on government land, mangrove, so-and-so.
So we're going to help people and give people frameworks
for not just how to get permission to plant,
but hopefully how to, you know,
tap into the carbon thing or connect with the doubt
and be able to do that.
But yeah, ultimately, when you retire an MGRO token,
you are retiring an eco-credit.
It's an ecological credit that proves
that mangrove trees were really planted
and that they grow up until the point of three years,
because that's how the issuances determine sequentially.
So, bada-bing, bada-boom.
Let's grow, ladies and gents.
Back to you, Mr. McGee.
And friends, if you're in the audience,
feel free to come up.
And if you really can't speak but you do have a question,
drop it in the comments.
I'll make sure every single question gets answered.
Another thing, by the way, I see decentralized CEO.
We got Izzy in the audience.
I'm just so grateful.
I can't stress my gratitude for this whole refi movement,
not just for all of you guys.
I love the feedback you're giving.
I loved your questions.
I feel so, like, held and supported by this movement.
I'm just so grateful.
And by the way, like, how are we going to get adoption
so that people can get rewarded?
Am I going to, like, you know,
fly to all these different countries
and just preach how good tree gens is?
I don't think we need to do that,
because there's these incredible refi nodes around the world.
And there's these amazing green pill chapters around the world.
And a lot of them are near mangroves.
And I'm speaking with a lot.
Every time we do this Let's Grow Live thing for two weeks,
the 24-7 thing for two weeks, we can, you know,
like, they get it.
They get refi.
They get regeneration.
They want the world to be a better place.
We're just, like, one of the tools in the regen toolbox
that all the regens can leverage
in order to make an impact and get rewarded for it.
And so I'm just super grateful to know
all these regens around the world
that I think can be the early adopters
and can hopefully propagate the message
of how people can get rewarded through crypto
if we're doing good.
And, like, what a better...
Is there any better first experience of crypto?
There really isn't, right?
Like, instead of just buying a bag, as Awaaki says,
like, this should be...
Your first experience is getting rewarded for making an impact.
Like, that is the perfect way for people
to initially experience crypto,
because I think that they're going to have
a much better perception of it
and they're going to see how it can really be used for good
and hopefully be inspired to do other positive impact things
in the future as well.
Impact onboarding, as Carlos says.
Yeah, impact onboarding, exactly.
You can do it with plastic cleanups, happy days,
and you can do it with tree planting,
bada bing bada boom, right?
There's also, like, litter token that's coming out.
Like, we need...
And there's evergreen coin, of course, right?
I want to...
And by the way, if you guys are thinking of something to build,
someone please build this, right?
Literally, like, the refided toolbox.
Like, integrate all these different ways of, like,
step by step, how to use these different things,
try to improve the UI and tie it together
so that, like, people can do the thing
and get rewarded and know all the things that are out there.
I think that's a really important thing to do as well,
because, like, there's not just going to be one solution, right?
There needs to be many solutions,
and I hope that we're going to be one of the good ones
that really drives positive impact
in a scalable and impactful way.
Yeah, I'm pumped. I'm bullish.
It's been a long time coming, like you said.
A lot of hard work gone into it.
I can't wait for this whole thing to come together.
I'm sure there are going to be challenges,
but I have faith in not just our team,
but the DAO and the community and the movement
to solve all of those challenges as we progress and move forward,
and I hope that my actions speak louder than words
of how passionate and determined that I am
to see this thing through,
to make sure that this thing maximizes its impact, right?
The fact that I've done a 60-hour stream
and done 24-7 tree planting,
I'm about to do it a third time,
and the fact that I'm willing to just do all these different things,
it just means that I really care about this a lot.
I've shared this with a bunch of people,
but in 2019, watching the forest fires
that just completely burned so much of Australia to a crisp,
and the animals, the animals that are able to experience pain,
just watching those videos of them being burnt alive
and realizing that the climate crisis is here,
that deeply affected me, guys.
That brought me to tears.
That broke me for a while.
I sat in that pain,
but then I took action and did something about it.
I launched a little fundraiser that was back in the Facebook days.
I did a Facebook fundraiser where it was a few thousand dollars
just from posting some video,
and that made me feel great.
That gave me a sense of purpose and passion and aliveness,
and things kind of grew and grew and grew,
and I'm very passionate about this.
I planted my first tree when I was four years old.
My mother's an environmentalist.
She's also incredibly passionate about helping animals
and the environment and all these different things.
I feel like this is my life's work in a big way,
and I'm just really excited for it to come to fruition.
I'm so grateful for all of you for coming here,
bringing your questions and for being a part of this,
because this is something I think is going to be really rewarding,
really fulfilling,
and I hope that our Dao will just continuously crush
and do great things, and our movement, not just our Dao.
I feel like our Dao is a piece of the puzzle.
There are consortiums that are forming
and different Dao's coming together,
and this is a movement.
It really feels like a movement.
We're part of something.
The regenaissance, it's not just a festival.
That is a movement,
and we're live 24-7 for two weeks every quarter,
just for Gitcoin, and we're in talks with Giveth now.
There's going to be more of these things,
and our community is just going to grow and grow
and connect and connect.
The more time we spend together,
the more time we discuss these really impactful ideas,
the more that we can really come up with
the next groundbreaking solutions
that can really put a dent in the climate crisis,
and it's going to take all of us.
It's going to take all of us coming together.
I say, I broke the record, look at me,
but really, that's just my way of getting credibility
to bring other big groups on board,
like the Mr. Beasts of the World
and the UN Earth Days of the World
and the Rotary Clubs of the World,
which is 1.4 million members,
so that we can say, hey, let's break this next record.
I already did that, but now it's us.
It's everyone together coming together
Well, thank you for being you and doing what you do.
I did want to say that if people are doing permaculture
and want to figure out how much carbon they're sequestering,
that's what I do with the Carbon Counting Club.
We don't give you credits.
As you brought up, this carbon credit system
is complex and expensive,
but we can figure out how much carbon
somebody's putting in the ground with some photo evidence,
some basic math, and we just, you know,
the Carbon Counting Club.
And we can do a lot together.
So thank you for putting all this together.
I think a lot of people have been not only brought into this space,
but kept in this space by the energy you bring in.
So I definitely just appreciate that of it.
So thank you for explaining everything today.
And thank you for doing the 400 and some episodes before this,
where you've met us and introduced us to one another,
opened up the floor to allow us to help one another
that we probably wouldn't have had without your help.
Thank you, man.
Yeah, that has happened quite a lot,
where people are like, hey, we should talk about it.
We should collaborate in this in this way.
And I always like pointed out like how happy that makes me,
because collaboration is so key, you guys.
Like trying to do things siloed is not the way.
It's definitely not the refi methodology.
It's not the way to really maximize impact.
Because like you said before, conservation is important.
Yeah, well, that's why there's an amazing group
that is specialized and lives and breathes that
that we can just collab with.
And there's people on the ground that we can collab with.
And everyone's got their own piece of this jigsaw puzzle
of the regenaissance that is coming together.
It really does take everyone.
So yeah, I love that I was able to create this container
for people to connect with one another and collaborate.
And that makes me very happy.
And I think that's going to happen a lot, IRL.
IRL and online during this regenaissance festival,
like I know when I did an in-person festival back in 2019
over in British Columbia, Canada,
people told me that they co-founded a nonprofit
on the festival grounds, because they came together
in this container of positive impact and love.
And then we did a digital festival in 2020 as well,
which reached millions of people online.
And this is going to be a hybrid.
So IRL, if you can make it to Thailand,
really encourage you to do it,
because something really special happens
when regens unite IRL.
But if you can't, you can just do the digital portion.
We'll have something for you.
We'll have ways to connect.
And it's going to be like max impact on steroids.
I mean, it's going to be everyone in the metaverse
and spaces and everything coming together
to connect and build the future
You get we also got some other people coming up here.
But yeah, if you have another thing, go ahead.
You took it down on purpose.
So let's go to let's grow over to co-autonomous.
I pinned up your question before about about permaculture.
Hopefully you heard my answer to it.
But yeah, what's going on, buddy?
Can you guys hear me?
Yes, sir.
So I just wanted to thank you to me for the space.
The only reason I brought up permaculture is just,
I feel like it dovetails with what you guys are trying to do there
with tree gens.
You know, I mean, permaculture is basically just growing trees,
you know, but along with some shrubs and some, you know,
ground cover.
And, you know, it's like, you know,
basically however we can get the carbon into the ground,
you know, is, is the way.
And I feel like permaculture is kind of the,
a sphere of control that we actually have, you know,
like if you're out in the country, you can do it on, you know,
you know, just a tiny patch of ground, you know,
up to like large acreages, right?
So I was just thinking if you're, if you guys are doing,
you know, kind of carbon forwards or whatever for mangroves,
you know, that would just as easily apply to, you know,
fruit trees and nut trees and, you know,
all these trees that also contribute to biodiversity and,
um, and also yield, you know, for, um, for communities, right?
Anyways, just thought I'd throw those two cents in.
Yeah. And I love you sharing that.
I know like in the mangrove areas,
they, mangroves do typically tend to like dominate certain areas.
Um, but, but yeah,
if there are ways to integrate different trees around them,
that's definitely something that we should, that we should do.
And I think we need to consult the right permaculture exports to see
how that can tie into some of the regular stuff that we do. And, um,
and yeah, like I said,
like in a roadmap is to branch out into various different tree species
and tokenize those and create methodologies around those. Um,
we're starting with mangroves. That's where it starts. Um,
cause it is so straightforward to plant, um, absorbed into,
into more carbon, helps biodiversity protects all these different things.
Um, that's only a bit of a mangrove maxi,
but I do completely agree with you that all of these other forms of
trees and regeneration do need to, um, be supported. And yeah,
like you said, there's yield, like shout out to coco coconut network. Um,
they're leveraging coconut trees,
but also various different trees around them and a bit of a biodiversity way.
Um, and, and they have yield, you know, beyond the carbon.
I didn't think about the carbon and that's like the cherry on top. Um,
they have other, other yields and ways of, of, uh, doing that. So, so yeah,
I think that there are going to be forms of collaboration definitely.
And whether that's creating liquidity pools between these different
projects or, you know, us, us, you know, uh,
watching different tokenized trees in the future. Um,
I'm super open to it and think that we do need more, you know, uh,
permaculture people, uh, involved in, in, in advising, uh,
how we should be going and growing about regenerating the world. So, uh,
yeah, thank you for showing your two cents, buddy. Appreciate you.
You're welcome here. Would you be trying to be doing this, uh,
five days a week, if not six days a week again. Um,
shout out to Carol. She's helping me reach out to a bunch of people as well.
I've been slacking a bit on that, but yeah, I was silver linings. Um,
I was like, Oh no, we don't have a guest today. Let's do a tree gen anime.
And like, this has been great. Like the fact that, um, yeah,
there's yellow people who probably heard most about tree gens,
at least some of you guys. Um, and so the fact that you guys have these
questions, it's, it's really good feedback for me of like what we need to
clarify, what we need to, um, make easily digestible for everyone.
So thank you so much for coming through with your questions. Um, yeah,
let's, let's get to them. Uh, back to you, Mr.
I think you were first and we'll get back to civil. Um,
I was just going to address one of his questions or concerns earlier,
which is all these bounty coins. Why would somebody buy them?
Um, they won't necessarily hold value later. Um,
I can't promise that they all will,
but one of the things I'm looking at and is how to build value over time.
Like I've told people, these automated tools, uh,
these financial tools that have access to extremely powerful,
permanently locked liquidity can add a lot of value to these different
areas of environmental works over time.
That turns every region play into a DGN play.
You have the math to say, look at how we can affect it. Um,
I know that my work with evergreen coin, it's a micro cap coin,
but I'm going to try to build out these, you know, post launch tokenomics,
you know, community generated. Um,
if you have what people call shit coins and you're not using them for
something, you're why it's that way is kind of my opinion.
Like all of these coins can be used and you not using them is
generating their value. So when people are earning these bounty coins,
they should be trading them for other coins.
They should be utilizing them in liquidity structures.
They should be doing something with them because that building of the
community, that action of people is extraordinarily value,
like extraordinarily valuable. Uh, and once we have, you know,
the markets and we're able to trace and track the value gains,
then we'll see the values climb over time.
Like I've told people a number of time,
one unit put into a 10% yielding APY,
APY over a hundred years, over 12,000 units.
Those units can be dollars. Those units can be trees.
Those units can be gallons of clean water.
Those units that we can now tokenize and measure can be
evaluated and put on a market and the path to being worth more than gold.
It can be laid out in front of us with the options for people to interact
and make those value decisions. Whereas in the past,
these value decisions have always been made far away from the general
populace in governing bodies and different orchestrating organizations.
Now we have the ability to say, I think clean water is more valuable.
I think cleaning up trash has value. You know,
I think that all these things that we can now tokenize,
monitor and evaluate, um, that's one part of this puzzle.
But another part of it is the financial tools and the decentralization
of it that is now available to us and hasn't been in the past.
I know that I hope to get a bunch of M growth tokens and
lock them against some, a bunch of my evergreen coins and then just
burn the keys.
That means that both communities will have value gained year after year
forever, as long as people keep the lights on.
And that's how I know we'll have success.
And like we've seen people, you know, once you get successful,
what are the syndromes of success that you need to watch out for?
That's what I'm telling Jimmy.
I think that trees planting are going to be extraordinarily valuable.
Thanks to what he's doing here today.
So what happens when planting trees is so valuable?
Everybody wants to cut down all the forests.
Well, it'll be a ways before that happens.
But when it happens,
you shouldn't have at least thought about it a little bit.
It's like when governments paid for cobra skins,
so people started breeding cobras.
They wanted less cobras.
They got more cobras because there was an unexpected consequence.
You have to think about the demand in which may create unexpected
scenarios and consequences and some that are not so
unexpected.
Like if you make planting trees more valuable than mining gold,
they're going to be like, well, you're not mining gold here
because we can plant trees here, you know,
and that affects markets in various ways.
But there will be discussions about that more in the future.
Like I said, conservation is costly today.
With the foundations we're laying in now,
conservation might be one of the most profitable industries in the future.
Wait, hold up, hold up.
There we go. Look at that.
Dude, I feel like your public speaking has grown over time
since I've known you and we've been doing these spaces.
It's really cool to see you step into your element
and share all these things that you're really passionate about.
And yeah, man, I agree with you.
We've got to be thinking about all the unintended consequences.
Would people cut down trees to plant them in the case of mangroves?
I think that there might be a little bit more of a problem
where you need to, like a lot of people are talking about owning land, right?
And then having to own land in order to plant it.
But what's cool about mangroves is you can go to government land
and you can plant mangrove trees, you can go to community land,
you can plant mangrove trees.
You don't necessarily need to own the land and therefore it's like
if you happen to own land, then you can see an opportunity
to cut and then plant.
So you might not see as many instances of that.
But it's still definitely something that has been seen in the regeneration.
I was just literally speaking with Anna Kofidau earlier today
who's also in Pangan right now.
And she was saying that that happens in Colombia.
Like people see the incentive,
they get the carbon credits from regeneration and they have this land
so they just cut the trees to grow,
which is obviously not good because there's a delay on carbon sequestration.
So yeah, we have to overcome that.
We have to try to come up with ways.
And hopefully the DAO can, you know,
because people are going to be creating tree planting profiles
and we want to learn about the people that are planting.
And I hope that the DAO can find ways of sniffing that out
and not issuing, right, if someone's doing something the wrong way.
If they do the methodology the wrong way,
if they are being ultimately bad for the environment in the wrong way,
I want our DAO to be like these verifiers.
Those who have TGN who are staking it to do verification,
we want to be learning about the planters
and making sure that we want to film before, during, and after as well
to make sure that people aren't.
Another issue is what if people try to double count?
What if they're working at an NGO that got paid by one org to plant trees
and then they try to, on the same trees, use our tool, right?
So we have to learn who these people, what are they working for?
Who are they working for?
Can they film the lab before, during an officer,
or the proper guild, things like this?
Or is it just someone trying to come in and film and claim?
Yeah, we have to think about all these different things
and we are thinking proactively about a lot of this stuff
and how we can overcome it.
So we can think as much as possible about what are the challenges
that are going to happen?
How can we overcome them beforehand?
But a lot of it is going to be like, okay,
we never thought of that problem.
It came up.
Now we're going to have to solve the problem.
And this happens all the time.
I know this happens for events.
This happens for startups.
It's like one problem off the next.
You just have to solve and solve and solve
and we're going to learn things, different things that we need to overcome.
And yeah, so that's where it comes down to,
we're going to be bringing in some of the best advisors,
some really technologically smart people.
Like you said, there are these great organizations
like Token Engineering Commons and Gravity Dial
that we can try to involve in terms of the tokenomics piece,
but then also in terms of the conservation piece,
in terms of the regeneration piece,
like how do we bring in as many experts as possible
and have them part of our dial, right?
We can give them TGN, but hey, it's vested over time.
So people who are really in it, they can't just sell the token.
They have this whole vested staking thing.
And so we want people to be in it,
and hopefully it will succeed.
Then they have something of value over time
and hopefully they can drive that value.
But going back to you, Sybil Monke.
Yeah, that's an important point.
I think on the earlier discussion,
the whole carbon market,
there are still so many things that I learn.
And at some point, and hopefully not true to this in the future,
I really want to do a space,
maybe a debate, maybe just an exploratory space
around how does the carbon market work
and how do carbon credits work,
because it's so many layers and so much context and history
and so many frustrations, but also such a huge market.
And I feel like so much of the funding
for regenerative activities do come from them,
but also so much not good things for image
and actually doing things
and making sure funds go to the right places
are also involved there.
So it's like, as most things, quite a nuanced discussion.
And yeah, this year, I really want to have more open
and also partially, maybe controversial is the wrong word,
but discussions with different viewpoints.
So sort of expanding the spotlights in refined space,
which are awesome and we're obviously also doing
with our Thursday NFTs for good spaces
or for social good spaces.
But it's also important to have these discussions
where concerns are voiced
and not like towards specific people necessarily,
but just to make sure that concepts are iterated on
and issues are voiced so that they can be tackled.
So yeah, definitely good to know.
Also, when you mentioned Vera
and 70% of the carbon credits that are on the market
have been issued through or with or by Vera,
I guess that sort of explains or gives a reasoning
why, to my knowledge,
most of the sort of Web3 or blockchain
or carbon credit tokenization platforms
and marketplaces initiatives that have been there
have all worked with and have taken Vera issued credits
as the basis for tokenizing them, if I'm not mistaken,
but like if 70% of the market comes from them,
you can't really get around it if you want to be,
if you want to like meaningfully enter that market.
So yeah, it's like nice to tokenize it
and definitely becomes like more tradable
and more accessible and it's like less phone calls,
like less faxes and more if I want to buy it,
I can buy it and it's like more transparent
and that's great, but like if the,
like that's just the trading infrastructure
at the end of the day,
it's like not connected to the underlying asset.
Yeah, man.
I love the idea of a debate.
I think debates can sometimes get a little bit heated
and that can be entertaining at times
and it also allows us to really like in a unfiltered way,
like just like really go deep on these topics
and like dig them apart and better understand them
to see how we can improve them, right?
You have to first understand before you can improve
and yeah, like that's the dichotomy, right?
It's like Vera has dropped the ball so many times
in issuing things that should have been issued
and like all these problems
and they weren't pro-crypto for a long time
and they weren't, you know,
they're blocking things yet people still work with them
because that's where the demand is, right?
There's so many companies out there
that have made a carbon neutral commitment
like Amazon and, you know,
tons of these companies, right?
We're going to be carbon neutral by this date
and like they kind of have to, I mean,
some people pull out like smell,
but others, you know,
they have to really fulfill those commitments
and if they go to another one like off the shelf,
because there's tons of standards, right?
There's tons and tons of standards
and people try to come up and be a very competitor,
but if that standard, you know,
has double counting or da-da-da,
then they could really get sued for like fraud
at the end of the day,
like if they're not actually carbon neutral,
but they say that they are
and so these big companies,
they really have to avoid getting sued
and that's why they like just go with,
all right, most reputable, longest standing,
a lot of people go with Verra.
I love the fact that REFI regions
and REFI people are coming up with new decentralized MRVs,
shout out to Shamba Network,
but they really have a big job cut out for them
for driving demand for those credits.
That's what it comes down to.
If you issue a carbon credit,
is there going to be demand for it?
Are people just going to buy it off the registry?
Are you going to have to go out there
and try to sell it to someone?
You know what I mean?
It's a lot easier if there's just demand, right?
And so that's why people go with Verra.
It's super expensive,
have been riddled with problems.
I'm sure that they were improving over time, right?
Surely they're learning from their mistakes,
but yeah, at the end of the day,
there's demand and that's why people go there.
That's why people grow there.
But we're not reliant on carbon credits.
We're doing eco credits.
We're creating demand for that.
There's already demand for trees.
If we can do carbon forwards, happy days is a bonus, right?
It's not fundamental to our model.
Fortunately, there's amazing initiatives out there
like optimism and different grant pools
that we can try to tap into to use
to retroactively reward people who do the good thing,
the public goods of regeneration.
And then, yeah, biodiversity is becoming more of a thing as well.
That's already getting more traction,
becoming more of a market.
So that's like the second biggest one
and then all these other eco-economic benefits framework.
I do have faith and belief that they will become
more valuable over time
and those markets will become established.
Maybe not become as big as carbon.
I hope biodiversity does,
but I hope all of them really get as big as them,
but they will grow over time for sure
and we want to tap into all those different things
so that we can reward people as much as possible.
So yeah, let's go to James and Sybil.
I think that one of the things with the carbon credits,
like you said, there are different registries
who issue them with different verification methods.
This gets very difficult
and they, of course, all criticize each other,
which makes it even harder
because they're competing businesses is how they usually see it,
especially because they charge so much money.
These new tools could be a huge threat
to their large, long-standing businesses.
So there is going to be pushback.
There's going to be people fighting different methodologies,
but ultimately it comes down to what methodology you trust
or the business it's buying the credits trusts.
There is a lot of bad carbon credits out there.
There are things that have incentivized
a lot of negative behaviors,
like clear-cutting native forest
and planting the wrong species of invasive plants
because they grow faster.
And things like that have happened.
There's been gentrification and moving out indigenous people
so wealthy people can buy up the land
and claim carbon credits and stuff.
So these are things that we definitely have to be cautious of
when we're exploring the carbon markets,
is there are sometimes unintended consequences.
Sometimes these things are intentional by these large companies
who have been trying to do things for a long time,
but now they're finding a new angle to market it.
That's one of the things we have to watch out for is
the space, I believe that we need to take care of the environment.
I believe that the earth is in danger.
If humans don't take care of it, a lot of stuff will die.
I also believe that the leaders of the movement
sometimes lose us a lot of credibility
by owning several mansions and multiple cars and yachts
and these are things that we kind of have to watch out for
and balance in our own minds.
It's like what is the acceptable limit for these people?
What is the truth sometimes?
Especially because I live in the United States,
a lot of things are considered political
and they're just considered opinions and not factual.
We still have people who are pro-fossil fuels
and think that this is some kind of agenda
to punish people and take advantage of low-income people
to prop up the wealthy and you have to look at these things
as like these are realities to other people
and we have to address that this isn't something
that's going to cost everybody
which is one of the reasons I love the way
that these projects come out.
They're like we'll pay you to do the right thing
because most everybody who is on the other side of it
is fear of being punished for doing the wrong thing
and I think if we can change that narrative,
it helps reach a much grander audience.
Absolutely.
Yeah, go ahead.
Incentives are so much,
in many cases, so much more effective
and well, I guess that can be questioned
but what I meant is I'm sustainable
than negative punishment incentives.
And yeah, the debate would be amazing
and it's like one of the roundtables
that I really would like to see
and as many other things that we're collecting lists
and people that I would love to see on there
from all sorts of different perspectives and critiques
and yeah, if anybody needs any lists on any topics,
like hit me up, maybe I have a list on that topic.
And also, if anybody is interested
in that kind of debate,
hit me up, let me know if you're interested
and yeah, definitely want to make that happen.
100% and I know some people
that would be interesting to bring on that too
so let's collab on it and...
The other thing...
I do love the work you've been doing real quick.
Give me some virtual flowers for NFTs for good.
I love what you're doing with it, man.
Put it in my calendar or something.
Someone needs to create a refi spaces calendar.
We can all just add to Google calendars
and find out what all these things are
and get reminders about it.
But yeah, I look forward to being on that,
looking forward to participating on that
and kudos to you for doing it, man.
It's a really value add to the refi space.
Go ahead, what were you going to say?
Well, now, what I have to say is
to check the nest in the bird app on the space
and you're welcome to set reminders
for all of those spaces in there.
The nest in the bird app?
Where's the nest?
Oh, in the top.
You are the tree and that's visible on your profile
and on top of the tree is where the nest is
and we're inside of the bird app.
Wait, you're talking about the jumbotron, right?
At the top here?
Yes, that is the nest in the bird app.
Some people call it the garden.
A lot of different names we have for this up here.
All the dimensions are flying around
because there are birds that are flying in different directions
and so the dimensions on the, well, whatever.
Well, anyhow.
Oh, and by the way, just to get it out,
because I pin it up but I know that the pins disappear,
the musician that's originally from Liberia
is called Mon Rovio.
So if anyone is listening to the recording,
how, what his name is, you can also find him on Spotify.
I like his music and, yeah, working with, for instance,
like someone who's been in crypto for a long, long time,
actually with someone who's been essential
and crucial to the development and growth of Frantec
is now working with him as a music manager, essentially.
So the thing that I wanted to say on the educational part,
because, yeah, you mentioned it,
like educating people about the importance
and how educational, ecological benefit credits work
is like super crucial and obviously COP28, I would say,
is like probably a pretty good place to do that.
So I'm really happy that a few of you were there.
But another, and there are like more other events,
likely not crypto, but three events
where that's like a good place to do that education
and also in collaboration with other news outlets
that are like focused on nature things.
I really think that ReFi needs to connect in those areas
and like directions more.
But also what I just wanted to ask is,
because there has been a presence over the last few years,
and yes, it is controversial and good and bad things,
but do you know anyone within the ReFi space
who's currently in Davos?
Because I know that, I know two or three people who are there,
and two or three adjacent,
but they aren't necessarily in the climate ReFi space.
Yeah, quite a few people that I met at COP
are currently, are going to Davos,
who are currently there.
I know that Hanae, did you meet Hanae by any chance?
I'm pretty sure that she's there,
who's also working with Sovereign Nature,
who's originally put out her book.
Oh, she just spoke on ReFi podcast?
Yes, I did meet her.
Yeah, we both spoke at an event,
satellite event at COP,
it was all thanks to Rex Atreus.
Shout out to T. Rex.
He really hooked it up in so many great ways,
multiple speaking opportunities,
met some really great people because of him,
and he's going to be helping us with the hackathon
and the regenerations.
So yeah, no, I agree.
We've got all these non-crypto places,
the regions need to be having a good showing.
And I think for next COP 29 or 30,
I think we're actually planning more for 30 in Brazil,
but 29 is going to be in this Eastern European country.
But basically us all coming together and having a space,
the ReFi space, you can pay for a booth
and it's kind of expensive.
But if we all come together,
we can have an area,
maybe it's a couple of booths joined together or something,
and we just have this ReFi onboarding area.
Yeah, we could do that.
We could do satellite events.
I mean, Hedera actually,
there were some pretty cool ReFi events,
even inside COP,
it's like startups getting featured and stuff.
So it started to become more mainstream.
It's still very early days.
A lot of people have no idea what ReFi is.
We're early.
But yeah, we need to be,
I totally agree,
having a strong presence at all of these non-crypto events,
but we also have to do them at all the main crypto events too,
in an even bigger way that we already have been.
So yeah, the green pilling will commence
in a wide variety of ways.
Do you recall, by any chance,
who's at Davos Con?
If you want to check, if that's public,
I assume maybe that's on.
See, I'm great with faces, terrible name,
so I cannot help my head tell you,
but I will look into it,
not even necessarily like Regent or like ReFi people,
but just like people who are more like positive impacts
that I met there,
like a bunch of impact investors, for example,
like a lot of investors go there.
Yeah, I think some people,
like they're at a ReFi event,
like I think they're interested in ReFi,
but more from the financial investment side.
Yeah, and I know that there have been
like we've had discussions last year
and the year before that,
and I'm pretty sure one of the,
at least one or two of the biggest partnerships in ReFi
were also initiated or born at Davos a year ago,
and there was at least one space also looking back
on Davos like pretty shortly after it ended
with Andre from Plastics
and Lucia from Emerged, Emerged Apps.
Yeah, and I mean, exactly,
that's exactly the thing,
there are people who are focused on positive impact,
like for instance, I know of Eva, Lady Rocket,
and also Andrew, homeless entrepreneur.
He's also there, there was there,
and Lyanna Adams, who was also great enough
to come to the Let's Go Live for a little bit.
And in a moment, she's also doing a,
I think it's a digital thing,
but she's on the digital stage with Alex actually from choice,
so they'll both be speaking in Davos
in a digital form.
I don't know.
Whoops, my bad.
Playing out with the RODECaster stuff.
But yeah, no, that's super cool.
Digitally, speaking at Davos,
yeah, it's not cheap, going to Davos.
Yeah, maybe.
Yeah, everyone's got crazy numbers.
I'll be there.
Yeah, someone's like,
hey, yo, I can get you a place in the core thing.
I was invited to come to Davos with some of these people.
I met at these different events initially at Palau,
and then they'd call up, and you'd be like,
yeah, did you come?
You got this house we're renting,
and the thought's like 10 grand.
I'm like, dude, I'm not about to drop that.
Like, no.
But maybe, I think there's a lot of opportunities there.
I think when it comes to connecting with maybe
government people or impact investors, stuff like that,
it could be worth it.
And yeah, like you said, there's been some questionable things
maybe said about the conference of the past,
but there are some pretty influential people there
who can really propel the movement forward, I think.
And so, yeah, maybe there's something digitally this time,
probably not.
Yeah, I'll look into what choice is doing.
But yeah, I think 2025 should try to, yeah,
green pill all the people,
let them see how regenerative cryptoeconomics
can make a scalable, positive impact.
Do you know more about the, we don't have time thing,
initiatives, company, project?
Yeah, I know they're live streaming UN,
I mean, they're live streaming co-op
and a bunch of UN stuff, but...
Yeah, exactly.
They were also live streaming something
from Dapos recently, but I don't know fully what that is.
But like these type of advocacy things
and like magazines, I think,
are not really connected enough to it.
Yeah, we should bring them on as distribution partners, right?
The reason why that digital impact festival...
But that needs to be more curated.
That needs to be more curated, I think.
It can't just be the whole 24-7 radio.
I don't think that works.
Yeah, yeah, no, because it wasn't like, yeah,
that was more quantity than like careful curation,
as you're saying, but for Regina Sans Festival.
That is where we're thinking, okay,
we're going to program the entire thing,
the five-day experience.
And so, yeah, it'll be really high-quality content for that.
So that is our goal,
and we're going to need some big distribution partners
like before we had Unify,
I'm going to try to bring them back on board again.
They've got like millions of followers
and bring it on these other big channels
that we can really like.
It's decentralized distribution of content.
That's how to really help reach the masses.
It is almost three in the morning in Thailand.
I may adjust the time of Max Impact,
but I'm more about consistency with the time
than my own sleep, so it's fine.
But yeah, if you all have questions,
please let me know.
My DMs will always be open.
I will never close them.
I respond a little bit quicker on Telegram.
It's just at the TreeGens,
just like how you see here the TreeGens character.
Their handle is my handle on Telegram.
You can call me on there.
I do respond a little bit quicker to messages on there.
And by the way, if you follow Jimmy
or you follow TreeGens,
I plant a tree in your name.
I planted several if you followed,
and you're an OG,
but I'm about to break the tree planting world record again in Feb,
and I think I'm going to include another tree
for the followers.
So let's grow, fam.
Tell your friend.
Tell your neighbor and your cousin,
let's grow.
All right.
Okay, we got the hands again.
Let's get to these hands,
and then we'll conclude.
Last one, Mr. McGee.
You may have mentioned it,
but what is the timeline on mgrove going live?
We're planning to do some testing,
continuous building in Feb,
and then in March,
everything should be ready in the final testing
to be done in March.
So that is the timeline,
such that by the time we get into April,
everything is done and dusted
and debugged and perfected
and improved from the MVP version,
such that we can really have these incentives aligned
as we try to make history on Earth Day, baby.
Let's grow.
And that is how in Web3,
AIM founder opens them up to Cine Christicism
if on the 1st of February
we don't have a progress report, Jimmy.
Then the fault will commence.
There's always setbacks, guys.
That's why I think we're a bit more concerned now
with this timeline.
My team was like, yeah, January.
We are on the E-March.
We are on the E-March.
That gives us all a little bit of Elon.
Yeah, definitely.
Elon always overestimates how quick things will be in March.
In four years.
More than four years.
And not more than, I don't know,
50, 100 people have received the Cybertruck
and was meant to come on in one or two years.
Yeah, that's not the first.
But it is important to do it right
than to do it all the time.
I won't be the one who's like,
this is horrible.
It takes longer.
That's not me.
When we're talking about expanding V5
and including more of the mainstream Web3,
that is certainly what happens.
And actually, on that,
I keep coming across more and more
charity NFT projects that I haven't been aware of,
which is quite cool and interesting
and awesome to see,
as I've been helping for over a year
with the NFTs for such a good space,
which was not started by me.
It was started by me at Naibo Visuals.
It was an amazing nature photographer.
Well, I mean photographer of different things,
but among them is definitely nature and wildlife.
She's actually from Kenya originally.
But yeah, she started that with Kyatia
and a couple of other people.
Yeah, but it's great that you're helping, man.
You're a monster connector, man.
The fact that you just know
10 regions in Australia,
you're just able to just riddle these handles off.
I don't know how you keep track of all the handles.
I'm sure you've got a million amazing lists.
But okay, friends, it is the past three.
I'm going to play this out.
Yeah, okay.
Will you say something?
The thing I wanted to ask for Max Impact,
charity NFT projects that have just mainly donation-based
are also ones that you would be potentially interested
in having as guests, correct?
Definitely, yeah.
If you're leveraging technology to make the world
a better place, boom.
Even if that's just setting NFTs and donating a portion.
That's leveraging technology to fundraise,
to build community.
I think NFTs are like the new membership clubs, right?
It's a one-time fee
and you're a membership of a digital club.
That's the way I look at it.
Like rotary clubs or da-da-da.
Rotary, you play an annual fee
and the amount of help they give you,
if you're...
Honestly, I feel like I've been more supported
by the social bees community than I have rotary clubs,
which is kind of crazy.
I paid a one-time fee
and I own that as a digital asset
compared to paying something every single year.
These guys get it and they're web-through native
and they onboarded me
and have supported in a variety of ways.
I think that example you gave,
it might seem quite simple,
but if it's an NFT collection,
you're building community,
you're building your fundraising, of course.
Yeah, it's like a membership club.
Not necessarily.
Your can-build community can be a great tool.
Also, there have been many fundraisers
that have been titled projects
that were just one-time fundraisers
and then people called it RUG
and it should just have been communicated.
This is a one-time fundraiser
and that's fine,
but if it's communicated as a project.
Like crowdfunding or something.
Yeah, exactly.
Some people will do it in that way.
By the way, for anyone in the room
who's looking to maybe explore other communities,
social peace is obviously one of them
that I would say is somewhat aligned.
Unchained Monkey is another one.
Nounstar is another one.
Nounstar with a bunch of different ones.
Thank you so much, Jimmy, for the space.
Really appreciate it.
Hey, in terms of refi,
public nouns, guys, check out public nouns.
It's like 0.33 Ethereum or something
and I bid on one and that was the only bid that happened,
so it's a lot more affordable than getting a noun,
which is many Ethereum to buy
and it's all for public goods, too,
so you could request like 5 Ethereum, 10 Ethereum,
and it's a pretty cool thing.
Check out public nouns.
And yeah, the social bees,
they're doing the monster thing now.
It's like a free mint
and it's fully customizable, super dynamic.
You can change the clothes
and truly customize, though.
Those are real builders
and they're actually live, I think, right now.
They've been live for like 500-plus hours straight.
They're beasts.
They're the ones that tie in the 24-7 spaces thing for me.
Yeah, it's crazy.
All right, I'm going to play out of tune.
This is a remix of a Jimi Hendrix track.
This is the reason why my name has two eyes in it,
like Jimi Hendrix.
When I was in a band in high school,
you know on Facebook you have like a religious status,
what's your religion?
Mine was Jimi Hendrix.
My friend used to say that was his god or whatever.
But anyway, so no, the real reason why my name is Jimi
and not James anymore is because
there was a study that came out
when a bunch of clinically depressed people
were tossed with putting a pen in their mouth
and like biting it for like many hours every day
for like weeks on end.
And it brought these clinically depressed people
pretty much all of them out of their depression
because they were doing this act of smiling.
Like they're forcing themselves to smile.
So it actually releases endorphins in your brain
when you smile.
So that's a little trick for you
even before you're getting into a call or something.
You can just smile for a few seconds
and it'll actually make you happier.
No, would you be more likely to say to smile
when you say James or when you say Jimi?
So that was one of the reasons.
But yeah, also if someone types in Jimi Cohen,
I'm like the first 10 results.
So that's also better for SEO.
All right, here we grow friends.
Here we grow.
Okay, hold up.
Oh wait, we got to hold up.
We got to get rid of these guys.
Bing, boom, boom, and let's grow.
Hey, much love, friends.
Thanks for coming through.
Catch you all Monday for the Regina Sans space, baby.
I want to see you there.
We're going to be getting the weeds.
I'm planning something epic.
I want to see my friends.
You ain't getting things.
You're going to see these things.
You're feeling better, but I don't know why.
Excuse me while I push the sky.
All right.
Much love, friends.
Until next time, keep doing what you love.
Keep spreading love and make it impact.