NeptuneChain is on a mission to scale the pollution removal industry and eliminate nutrient pollution by connecting the world's nutrient banks.

By integrating edge-of-field sensors, drones, and MPC-buoys with digital dynamic certificates hosted on Polygon, we reveal real-time data about water quality. Our business model focuses on storing nitrates and phosphates in the soil for ten-year periods, warrantied, thereby actively engaging farmers in watershed cleaning.

We aim to empower farmers with financial incentives in exchange for actively cleaning their watershed, while simultaneously restoring soil and water quality.

Methods:

Integration of Technology: Utilizing edge-of-field sensors, drones, and MPC-buoys to monitor and reveal data about water quality at any given time.

Digital Dynamic Certificates: Hosting certificates on Polygon to ensure transparency and traceability.

Nutrient Banking: Encouraging farmers to store nitrates and phosphates in the soil for ten-year periods, warrantied, to reduce nutrient pollution.

Collaboration with Farmers: Providing financial incentives to farmers for their active participation in cleaning their watershed.

Alignment with Gitcoin Climate Solutions: Our project is directly related to climate solutions by reducing harmful impacts like algal blooms, oxygen depletion, and degraded water quality. By focusing on nutrient pollution, we are contributing to the reduction of GHGs and serving as core infrastructure for web3 climate solutions.

Timeline and Milestones 4Q23: Integration of technology and platform development. 1Q24: Collaboration with farmers and initiation of nutrient banking. 2Q24: Monitoring and verification of water quality improvements. 3Q24: Reporting and scaling to new regions.

Budget:

Technology Integration: $50,000 Farmer Incentives: $100,000 Monitoring and Verification: $30,000 Administrative Costs: $20,000

Total: $200,000

NeptuneChain's innovative approach to nutrient pollution addresses a global issue with localized solutions. By incentivizing farmers and utilizing advanced technology, we are not only restoring water quality but building a sustainable future. We kindly request a grant of $200,000 to further our mission and make a lasting impact on our planet.