$1,584.64 crowdfunded from 369 people
$5,739.02 received from matching pools
Oxygenchain Incentivizes transparency and creates accountability in waste treatment.
The Uncomfortable truth
Half of the worldβs liquid waste is dumped into our rivers, lakes and oceans untreated. Inefficient systems, lack of resources, and centralized environmental agencies all contribute to falling short of a solution people deserve.
Two main reasons for the failure of current initiatives are; lack of transparency and misaligned incentives. Because data is opaque, it is: difficult to validate, hard to enforce results, and creates a lack of accountability.
Proposed Solution
Incentivize the monitoring of our most valuable resources using real-time data collected through multi-parameter IoT sensors, flow rate meters and more to create an immutable record of history, while calculating differences from incoming and outgoing readings to generate rewards. Oxygenchain is ready to power new economies with tangible results providing accountability, transparency and emphasizing efficiency to the public.
By proving that their activities are not contaminating the planet, participants will receive a reward, which will encourage them to continue to operate in an environmentally friendly manner.
How It Works
The rewards system incentivizes municipalities, industries, small companies and property owners to comply with environmental regulations and provides a clear way for them to demonstrate their commitment to sustainability.
Oxygenchain aims to create a platform that encourages environmental responsibility and helps mitigate the impact of pollution on our planet.
[System overview] ππππBoots on the ground Oxygen Chain proof-of-concept ππππGeneral introduction video Oxygen Chain
The Team
Oxygenchain History
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accepted into Climate Round 1 year ago. 155 people contributed $552 to the project, and $3,547 of match funding was provided.
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accepted into Climate Solutions Round 1 year ago. 214 people contributed $1,033 to the project, and $2,192 of match funding was provided.