Open mangorocoro opened 3 years ago
RE: Carbon Credits... https://www.vox.com/2020/2/27/20994118/carbon-offset-climate-change-net-zero-neutral-emissions
We would like to participate in the solutions bounty but it seems like the deadline and some details about how to submit are missing. I see that tokenized carbon credits combined with NFTs are mentioned as a concept, and that is something we can propose along with other solutions that we will detail later. Please check out our dApp at https://www.1planet.app and www.climatefutures.io
Generally speaking, there are not many options if people wish to create NFTs using Ethereum PoW but this would be the order of possible improvements:
1) Energy-efficiency measures: A) either in the solidity code (using fewer calls that cost gas to mint the NFT), B) using an L2 layer that uses EVM but PoS (e.g. Matic) and/or C) creating/using more efficient mining hardware
-- the issue with A is that everyone has an incentive to keep this low and it will probably run into a minimum gas wall. B) is great but to move an NFT later from L2 to Ethereum requires a mirror contract on Ethereum so you have to mint it again on the Ethereum network to "transfer it". C) probably outside the scope of this effort and there are bigger budgets working on this already...
2) Moving Ethereum Network to renewable Energy -- a heavy lift for the initiative but something that can be further developed by the next option.
3) Programmatic Solutions -- Using "carbon credits" are a means to finance projects such as renewable energy projects, etc. and represent program(s) that want to properly account and mitigate the carbon emissions using other actions. Even thought 1 and 2 are the most desired, we bump into hard or practical limits which makes a carbon offsetting something to seriously consider in the immediate term as a green NFT solution. We note @IxaBrjnko comment and can address it in more detail in our submission.
@mangorocoro Do we submit our proposal by using the "New Issue" button? Or does it need to go through Gitcoin? Thanks
We would like to participate in the solutions bounty but it seems like the deadline and some details about how to submit are missing. I see that tokenized carbon credits combined with NFTs are mentioned as a concept, and that is something we can propose along with other solutions that we will detail later. Please check out our dApp at https://www.1planet.app and www.climatefutures.io
Generally speaking, there are not many options if people wish to create NFTs using Ethereum PoW but this would be the order of possible improvements:
- Energy-efficiency measures: A) either in the solidity code (using fewer calls that cost gas to mint the NFT), B) using an L2 layer that uses EVM but PoS (e.g. Matic) and/or C) creating/using more efficient mining hardware
-- the issue with A is that everyone has an incentive to keep this low and it will probably run into a minimum gas wall. B) is great but to move an NFT later from L2 to Ethereum requires a mirror contract on Ethereum so you have to mint it again on the Ethereum network to "transfer it". C) probably outside the scope of this effort and there are bigger budgets working on this already...
- Moving Ethereum Network to renewable Energy -- a heavy lift for the initiative but something that can be further developed by the next option.
- Programmatic Solutions -- Using "carbon credits" are a means to finance projects such as renewable energy projects, etc. and represent program(s) that want to properly account and mitigate the carbon emissions using other actions. Even thought 1 and 2 are the most desired, we bump into hard or practical limits which makes a carbon offsetting something to seriously consider in the immediate term as a green NFT solution. We note @IxaBrjnko comment and can address it in more detail in our submission.
@mangorocoro Do we submit our proposal by using the "New Issue" button? Or does it need to go through Gitcoin? Thanks
Just updated the deadlines. This was actually a testing page, the official hackathon details are here:
https://gitcoin.co/hackathon/green-nft/onboard and the links there need to be updated. The official github org is here: https://github.com/GreenNFT/GreenNFTs/issues
And to submit your proposal by the deadline (April 23), you will comment under the specific bounty 'Issue' and the organizers will review from there!
Issue your NFT on Bitshares, not on Ethereum. https://github.com/Bit20-Creative-Group/BitShares-NFT-Specification
Bitshares uses delegated proof of stake, not proof of work, this makes it significantly greener than Ethereum.
Green NFT Hackathon Solutions Prize Bounty
Total ETH prize will be denominated from the total Gitcoin Round 9 Green NFT Grant
Challenge Description
As exciting as the blockchain is, we are mostly encouraged by the community of bright, young creatives that have formed around it. Yes, there are many efforts in progress to improve efficiency, but most of these are company/platform driven. We believe great ideas can come from anywhere and hope that an independent bounty for the development of more efficient NFTs will drive some out-of-the-box thinking to complement existing approaches. This bounty is targeted at developers creating open source solutions. Preference will be given to solutions that improve existing markets, as popularizing a new chain/technology from scratch is beyond the scope and capabilities of this bounty program.
Submission Requirements
Deadline: April 23, 2021 12PM EST Title format for submission: [Solutions Bounty]
Submit a link to your github repository or specification outline for this bounty under this Github Issue.
Styling with markdown is supported in Github Issues. If you would like to submit a non-code based specification via PDF, you can do so by dragging your PDF into the text editor area. More resources on attaching files can be found here.
Judging Criteria
Portions of the bounty will be awarded to teams and individual contributors based on the discretion of a panel of judges who will be selected based on their contributions and good standing within the NFT community.
Winner Announcement Date