Name of Project
GREEN NFT / GREEN DAO
“Building the bridge between a healthy environment and Web3 through NFTs and sustainable forestry. Each GREEN NFT is your gateway into a greener metaverse.”
Application Type
Product Launch
Proposal overview
The GREEN NFT project aims to offset carbon emissions through the use of ecoforestry and carbon sequestration, or the process of storing CO2. We will create our DAO (GREEN DAO) to discuss and vote on services as well as to determine how to appropriately allocate funds after the initial project launch.
Our first objective is to mint 10,000 NFTs (Genesis Collection). Each NFT corresponds to a real living, breathing tree that will be planted in our ecoforest after the initial mint. Our forest will follow known ecoforestry principles as outlined in Ecoforestry: The Art and Science of Sustainable Forest Use co-authored by Ducan M. Taylor and Alan R. Drengson. Through the cultivation of our ecoforest, we’ll be able to generate carbon credits that can be sold and distributed to other organizations that need them to carry out their services.
Minters of our initial release will receive:
- Documentation of their tree in our forest
- Access to our staking features for governance & utility tokens
- Access to our alpha chess game
- GENESIS role in discord & access to related chat rooms
Each tree has a unique ID (TREE-ID). TREE-ID connects each NFT to its corresponding living tree. Our TREE-ID software will store metadata for each asset-link which will be input by our team managing the ecoforest. TREE-ID will also connect the holder’s metamask to their staking profile in order to track their staked tokens. We anticipate that by developing this software we will be able to easily collect and store recurring data measurements taken from our ecoforest to expand into our own marketplace on our website.
Our mintable NFTs act as passes into our web-game, Green Chess. We have built in the P2E space in conjunction with many guilds so as to provide utility to our holders, emphasize our connection with our founding guilds, and give our gaming community something to enjoy together. Our game will create a platform for healthy competition and enable our guilds to grow with the community. Casted tournament series are planned for our web game beginning in Q3 2022.
In Q4 we will introduce new features for community building such as:
- Guilds having methods for easy recruitment of players (in game)
- Players having access to guild resources (in game)
Our team has taken time to ensure that our values remain our highest priority when making decisions regarding our NFT, our project, and our game.
Our Ideals:
#1 - Create NFTs that support the green services we provide.
#2 - Promote renewable practices on Web3 as self-sustaining alternatives to limited-use practices.
#3 - Increase awareness of ongoing issues resulting from anthropogenic climate change.
Our GROW method introduces a passive income model through the staking of our NFTs for governance and utility tokens. Read more about our process at: How we "Green" - GREEN NFT.
Proposal Ask
We are requesting $50K in equity-free contribution: $10K after launching a feature-complete product on testnet, $10K after mainnet launch, $10K after forming GREEN DAO for our community, $10K for after 1k users, and $10k for after 10K users. We would also greatly appreciate support from Harmony through publicizing our project and aiding with project development.
Project Progress
Our overview whitepaper has been published and we have been steadily gaining a social media and Discord following. We are working with interested parties, including guilds, influencers, and other projects to form partnerships in order to increase our reach across the NFT and crypto community.
Current Partners:
- Astra Explorers
- Dynamite Guild Gaming
- Ka-Ching Gaming
- Double Down Guild
- Rolling-kai
- Skida
Our team has published the first version of our website. Our Developers (2) are working to build the Web3 component including wallet connection DAPP for minting to the Harmony Network from our front page.
Developers are also currently working on building out our game app. A tokenomics assessment is in the works for our project (post-alpha) including staking for governance and utility token within our ecosystem.
Team Information
Please see our team information within our whitepaper: Team - GREEN NFT
Currently our team is made up of five dedicated members. If chosen for the Harmony grant, we will actively seek out Harmony developers who can assist us with the development of smart contracts for both our game and our mint through our website. It is necessary that we are able to integrate with Harmony quickly while not compromising the integrity of our smart contracts or quality of our final product.
Our Motivations for Building on Harmony
Our intention with our project is to build on the Harmony network. Harmony’s PoS protocol and fast transactions reduce the carbon footprint compared to that of Ethereum and other blockchains. It is important to us, as a model for making the NFT space greener, that we understand our own carbon footprint and offset it before moving forward.
Metrics for success
Website launch and a working prototype of our game are have been completed. If we receive support from additional Harmony developers, we believe that we will be able to integrate stronger blockchain technology into our website and gameplay throughout Q2, pushing forward our mint date and our incorporation of tokenomics into our alpha/V1 builds of our game.
We anticipate our site planning and planting period to take place beginning in April and running through the end of June. It is critical that we are able to plant during this period so that our trees will be at a lower risk for loss during the winter.
In June we plan to release the alpha test of our game followed by the Q4 release of Version 1 of the game. Version 1 will introduce tokenomics and play to earn aspects. Along with these features, we plan to improve our TREE-ID software to deploy a public database of our ecoforest’s metadata.
Scenario A:
- Mint is completed as scheduled.
- Introducing 8,000-10,000 DAU over the course of the alpha launch period.
- Additional mints will be scheduled following the end of the alpha season.
- 60+ acres of land will be acquired, twice as much as needed for 10,000 trees to account for later growth.
- Team will be assembled for planning/plotting and planting.
- Alpha and V1 released on schedule.
Scenario B:
- Mint is not complete as scheduled.
- Introducing 5,000-8000 DAU over the alpha launch period.
- 30+ acres of land will be acquired, necessary for a completed mint.
- Team assembled for planning/plotting and planting.
- Alpha and V1 release on schedule.
- Team focus will shift towards community building and guild integrations.
Scenario C:
- Mint is not complete as scheduled.
- Introducing 1,000-5,000 DAU over the alpha launch period.
- Shifting team focus towards game development
- Supply an increased budget to improve the game and accelerate the launch of Green Chess V1.
- Begin planning/plotting as necessary for planting to begin in Spring 2023.
Concluding Thoughts
Thank you for your consideration of our project for the Harmony Builders Grant! GREEN is a project for the community and for our world. By creating GREEN NFT and GREEN DAO, we have an opportunity to make positive environmental change using blockchain technology and improve the overall perception of the NFT Community by promoting eco-friendly practices. Our community is new, but rapidly growing, and we are looking forward to strengthening our relationship with Harmony.
External links
Twitter: twitter.com/GreenNFTus
Whitepaper: Introduction - GREEN NFT
Website: https://greennft.us/
Game Invision: GREEN NFT - InVision