$97.84 crowdfunded from 16 people
$3,806.21 received from matching pools
About
Ostrom is a new methodology for calculating and improving the economic value of nature. Our goal is to empower communities to control their future and make environmental regeneration financially viable in the global south.
Ecosystem services like clean air, fresh water, and flood mitigation are essential to life. But who pays for them, and how ? At ostrom, we're pioneering a new approach to make fungible nature market solutions.
- Our Methodology disaggregates Ecosystem services and assigns unique valuation techniques to them.
- This approach enables communities, project developers, and companies to unlock new revenue streams and invest in nature based solutions. Over-time, we see ostrom being the mechanism that fixes the "leaky" carbon project cycle. A cycle where value is lost at numerous points over time. By coevolving our methodology with tested DMRV; we are developing robust standards for tracking ecosystem value. Stacked with Carbon credits, ostrom will unlock the full potential of nature-based solutions to address climate change.
WHAT WE HAVE BUILT SO FAR [2023]
๐ซย Built an awesome team of talented Environmentalists and Developers
๐ย Located an ideal site for our Pilot Project
โจ Built a partnership with a local community group in our Project Area (KECC)
๐ Started developing our methodology and data collection process
๐บ๏ธ Gathered over 600 unique data points for ecosystem assets in partnership with the community
๐ฐ Conducted satellite imagery analysis for our Project Area to build a baseline
๐ Surveyed over 200 participants to understand the โPerceived valueโ of ecosystem assets
๐ Disaggregated all Ecosystem Services on-site into small, measurable units
WHY OSTROM?
๐ณ Capture and tap into Ecosystem Value, a previously undervalued asset class
๐ Provides a more reliable metric to measure impact than just Carbon
๐ต Delivers value directly to communities working on the ground
๐จ Reduces carbon emissions while providing financial support to those responsible for it
๐ Scalable methodology that works across geographies and ecological conditions
๐งฌ Ecosystem Markets are poised to become the new standard in the near future
๐ซ Creates impact for Low-Income Steward communities in the Global South
WHAT WE WANT TO BUILD [NOW]
๐ Take our pilot to the next phase by starting regeneration work on the ground.
๐ Build our tech stack to facilitate the conversion of DMRV โ Ecosystem Tokens
๐ช Build a DAO for our partner community to receive payments for their regeneration efforts
๐ค Build partnerships with other Project Developers to decentralize regeneration
๐ญ Locate industry buyers for our ecosystem tokens
THE TEAM
We are a team of Environmentalists, Planners and Engineers, located in different parts of the world. Our team came together organically over the past year and we formally started working on ostrom in 2023.
๐ฑย Akshay is an Urban and Environmental Planner with a background working with Cities in India.
๐ย King is a seasoned blockchain developer with experience building DeFi and Infrastructure
๐ชดย Elzaphan is a Financial Analyst and Architect with experience in sustainable finance
๐ย Hanna is an expert in the assessment of biodiversity and ecosystem services
๐กย Stephan is an IoT expert with a background in biomechanics.
๐ ย Bradley is a Data Analytics student with a passion for ReFi and DMRV.
๐พย Nick is a Planning student expanding his repertoire to the Web3 space.
ADDITIONAL INFORMATION
Funding Sources: Grants
Team Size: 7
de_plan ostrom History
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accepted into Climate Solutions 1 year ago. 16 people contributed $98 to the project, and $3,806 of match funding was provided.