Solid World DAO
Financial Services - Tartu, Tartu County, Estonia
Solid World DAO Employees
Solid World DAO Details
Solid World DAO will create a carbon marketplace where we turn carbon credits into a commodity layer called SCT and extract SDG-s from all carbon credits to sell them as NFT-s. The DAO will pre-finance new carbon projects by pre-purchasing some of their credits that will be certified in the future. The DAO focuses only on quality carbon credits.The DAO will fork Olympus DAO protocol and use SCT as its reserve assets. The protocol will own its liquidity through staking and collects almost all the marketplace fees. The protocol will purchase the SCT on the market through a bonding mechanism, which is how the financing of carbon projects happen.The DAO will use its treasury to acquire companies with good P/E ratios and stable profits. Once acquired, the company shareholder will be the DAO. The DAO becomes more valuable the higher the carbon credit price and the bigger the volumes on the market, hence all the companies profits will be used to purchase carbon credits. This perfectly lines up all the economic incentives for the carbon market and makes purchasing carbon credits an integral incentive for the companies.
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