$217.15 crowdfunded from 116 people
$1,884.52 received from matching pools
In a nutshell, the M3tering protocol is a token incentivized protocol with the objective of driving capital investment in solar energy projects to electrify underserved regions, especially in Latin America and sub-Saharan Africa, by incentivizing individuals and institutions to become electricity providers through on-site rooftop solar installations PPAs.
The protocol's success hinges on its capacity to provide a reliable, clean, and cost-effective source of electricity through decentralized solar installations, thereby positively impacting the lives of millions while promoting community ownership of the energy infrastructure. Ultimately, the M3tering Protocol aims to contribute to social and economic development by providing a reliable supply of electricity to productive users and promoting sustainable energy solutions for public good.
Consumers pre-pay for clean electricity using DAI stablecoins, and providers receive rewards in protocol tokens. Through network effects, the protocol fosters the growth of electrification services, driving capital expenditure into sustainable infrastructure projects and promoting cleaner energy access in the global south.
Join the community Discord here: https://discord.gg/Z4AyRjh7gW
To ensure accessibility to underserved communities, initial setup costs for participants might be a barrier. Grant funding can subsidize these costs, making the protocol more inclusive and enabling participation from economically disadvantaged regions.
- Setup a fiat to crypto on-ramp for protocol users in the global south
- Subsidize onboarding gas costs for via new web3 user via gas faucet secured with Gitcoin anti-sybil passport
- Outreach and education campaigns to raise awareness, onboard users, foster community engagement and start driving the required capital towards solar electrification.
- Incentivising contribution to protocol open source codebase and audits
M3tering Protocol History
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accepted into Climate Round 1 year ago. 116 people contributed $217 to the project, and $1,885 of match funding was provided.