M15 Token
It's early days for this project, but eventually we want to integrate a Decentralized Autonomous Organization (DAO) style management infrastructure so that the project runs on its own powered by its community, and is in no one person or entity's control. That's how a project like this should be run!
Below are early thoughts on the M15 token, which we think can be used to incentivize participation.
The M15 Token
The M15 Token is designed to incentivize and reward climate-positive actions within the MinusFifteen community. Issued on an low-cost blockchain (such as Arbitrum or Polygon) the M15 Token will align economic incentives with the environmental goals of the project.
Designing the M15 Token
Earning Tokens
Participants earn M15 Tokens by running sensors, planting trees, or creating green roofs. These tokens can be redeemed for products and services provided by supporting companies and individuals, such as a month of free cell service, free consumer packaged goods or movie tickets.
Tokenized Ecosystem
The tokenized ecosystem creates a new economic model for incentivizing and rewarding climate-positive actions. By earning tokens, individuals gain a direct economic stake in the project's success. These tokens can be used to purchase goods and services, driving local economic activity and creating a cycle of investment in green infrastructure.
Transparency and Trust
Blockchain technology ensures transparency, immutability, and trust. Every action, whether running a sensor or planting a tree, is securely logged, creating an auditable record of the community's collective impact. This helps quantify the project's success and provides a powerful narrative tool for inspiring further action.
Future Integration and Expansion
Carbon Credits
As the project evolves, carbon credits may be integrated into the tokenized system. Companies or individuals looking to offset their carbon footprint could purchase M15 Tokens, providing a new funding source for the project and creating a self-sustaining economic model for urban climate action. The value of these tokens would be tied to the measurable environmental impact of the project.
Going Global?
Imagine a future where M15 Tokens are used worldwide to reward citizens for climate-positive actions. These tokens could be earned for using public transport, installing solar panels, volunteering in community gardens, or supporting local green businesses. By gamifying sustainability and creating tangible economic rewards, these systems could drive mass participation in urban climate action.
Investment and Impact
M15 Tokens could also become a means of investment in local sustainable infrastructure. Municipal governments could issue green bonds backed by future token revenues, providing a new way to finance green projects. Impact investors could buy and trade these tokens, creating a new asset class that directly supports sustainable urban development.
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