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That's a beautiful initiative and you seem a nice person, could you explain why it needs to be a DAO? I read all your site twice and I cannot find anything tha

That's a beautiful initiative and you seem a nice person, could you explain why it needs to be a DAO? I read all your site twice and I cannot find anything that make it necessary for your org to be a DAO. What technical aspects of a DAO are necessary and why couldn't it simply be a non profit with a "donate here" and a "subscribe for a fee" and whatever else? Are you running all your logic on chain o it is mostly off chain? Thanks :)

Brajeshwar 5y ago
We have a broader idea brewing. So, the answer below will touch that and I’m sorry for not just focusing on just the tree planting part. This is a draft and please treat it as such. The final will make it to the site’s FAQ soon. Here is the list of reasons we are doing a DAO as opposed to a traditional donation model: - Easier data sharing among organizations. - Secure and auditable transactions enabling verifiable and trusted logs of transaction (monetary, carbon credits, monitoring events, donations). - Decreased inefficiency for currency exchange rate and cross border transaction costs. - Support for NFT and automatic calculation of carbon dividend. - Easier reporting and analysis. - Transparency in operations (which portion is going to what organization and for what reason). - Platform of choice for next generation of climate change advocates and supporters. - Smart contracts enabling decentralized calculation of carbon offset for many daily activities (offset your emissions by planting and monitoring trees. - Crypto mining is a great source of emissions, its way easier to plug our DAO into the existing networks to calculate and offset transaction emissions in a user friendly way. - Blockchain allows for more secure anonymous donations which can be essential for some contributors.
- 01acheru 5y ago
  I totally get some of your points, but I am sorry to say that most aren't quite true. > Easier data sharing among organizations It is more complex than pulling that data from a random DB or API. > Decreased inefficiency for currency exchange rate and cross border transaction costs Since most people need to buy crypto currencies with fiat they need to pay for that conversion, then they need to pay for the transaction, then you need to pay again to send that crypto to the tree planting folks and then again they need to turn in into fiat. It would be far easier and less expensive for you to handle everything in USD or EUR. > Easier reporting and analysis Same as the other point, you can do everything pretty simply with any DB and some lines of code. > Platform of choice for next generation of climate change advocates and supporters This is hardly a point > Smart contracts enabling decentralized calculation of carbon offset for many daily activities Computational power of smart contracts is incredibly limited and HIGHLY energy intensive. There is actually no good reason to perform those computations on a decentralized network. It would also be very expensive, much more than any other alternative. > Crypto mining is a great source of emissions, its way easier to plug our DAO into the existing networks to calculate and offset transaction emissions in a user friendly way That actually sounds as a counter point. So... man, it is really less impactful on the environment and also less expensive and less complex to open a non profit in a country with a stable fiat, open source your model and make all data public (except donors personal data, just give them a UUID). Plus, charity is usually tax deductible almost anywhere, why would anyone want to donate anonymously? You can also accept cryptos as donations, that's not a problem, but you are more likely to lose contributions by not accepting fiat than the other way around. That's why I said I can hardly see the point of being a DAO in your case.
  - Brajeshwar 5y ago
    Thanks a lot for taking the time to explain things in details. All points noted and we will continue to figure out the ideal path.
magicjosh 5y ago
Same here, would be helpful to hear more of your logic. That way I, or others interested in DAOs, can find our what aspects are especially promising to a project like this.

Brajeshwar 5y ago

We have a broader idea brewing. So, the answer below will touch that and I’m sorry for not just focusing on just the tree planting part. This is a draft and please treat it as such. The final will make it to the site’s FAQ soon. Here is the list of reasons we are doing a DAO as opposed to a traditional donation model: - Easier data sharing among organizations. - Secure and auditable transactions enabling verifiable and trusted logs of transaction (monetary, carbon credits, monitoring events, donations). - Decreased inefficiency for currency exchange rate and cross border transaction costs. - Support for NFT and automatic calculation of carbon dividend. - Easier reporting and analysis. - Transparency in operations (which portion is going to what organization and for what reason). - Platform of choice for next generation of climate change advocates and supporters. - Smart contracts enabling decentralized calculation of carbon offset for many daily activities (offset your emissions by planting and monitoring trees. - Crypto mining is a great source of emissions, its way easier to plug our DAO into the existing networks to calculate and offset transaction emissions in a user friendly way. - Blockchain allows for more secure anonymous donations which can be essential for some contributors.

01acheru 5y ago
I totally get some of your points, but I am sorry to say that most aren't quite true. > Easier data sharing among organizations It is more complex than pulling that data from a random DB or API. > Decreased inefficiency for currency exchange rate and cross border transaction costs Since most people need to buy crypto currencies with fiat they need to pay for that conversion, then they need to pay for the transaction, then you need to pay again to send that crypto to the tree planting folks and then again they need to turn in into fiat. It would be far easier and less expensive for you to handle everything in USD or EUR. > Easier reporting and analysis Same as the other point, you can do everything pretty simply with any DB and some lines of code. > Platform of choice for next generation of climate change advocates and supporters This is hardly a point > Smart contracts enabling decentralized calculation of carbon offset for many daily activities Computational power of smart contracts is incredibly limited and HIGHLY energy intensive. There is actually no good reason to perform those computations on a decentralized network. It would also be very expensive, much more than any other alternative. > Crypto mining is a great source of emissions, its way easier to plug our DAO into the existing networks to calculate and offset transaction emissions in a user friendly way That actually sounds as a counter point. So... man, it is really less impactful on the environment and also less expensive and less complex to open a non profit in a country with a stable fiat, open source your model and make all data public (except donors personal data, just give them a UUID). Plus, charity is usually tax deductible almost anywhere, why would anyone want to donate anonymously? You can also accept cryptos as donations, that's not a problem, but you are more likely to lose contributions by not accepting fiat than the other way around. That's why I said I can hardly see the point of being a DAO in your case.
- Brajeshwar 5y ago
  Thanks a lot for taking the time to explain things in details. All points noted and we will continue to figure out the ideal path.

magicjosh 5y ago

Same here, would be helpful to hear more of your logic. That way I, or others interested in DAOs, can find our what aspects are especially promising to a project like this.