Introduction & Problem statement:

Our project aims to establish a Regenerative Finance local node and hub in Tanzania, with a focus on sustainability and integration of disruptive technologies such as Web3 and Blockchain, all while empowering and onboarding more projects into ReFi. By combining innovative waste & sustainable management strategies with the transparency and security of blockchain technology, we intend to contribute to a more sustainable and regenerative future. Tanzania, like many other regions, faces significant challenges related to waste management and environmental degradation. Improper disposal of waste contributes to pollution, health hazards, and ecological damage. At the heart of it all, Waste pickers are the ones that do all the off-setting however face many challenges such as lack of resources, negative societal stigma, and most importantly exploitation in pay where they receive a mere $0.1 per kilogram of waste! Additionally, the lack of transparent financial systems often hinders sustainable development efforts. Our project addresses these issues by creating a waste regeneration system that not only reduces waste but also provides economic incentives through blockchain-powered finance mechanisms. Furthermore, Tanzania's development index is closely tied to energy supply, and with the rapid depletion of non-renewable resources, an energy crisis looms. Over 95% of Tanzanian households rely on firewood and charcoal for cooking, revealing a significant market demand for cleaner energy sources.

Project Solution: Our project's core solution involves the establishment of an infrastructure for waste regeneration that enables incentivizing regenerators in the form of waste pickers, transforming waste materials into valuable resources and enabling different organizations and businesses to keep track of their impact. By leveraging cutting-edge technologies such as Blockchain, dmrv and efficient recycling processes, we aim to minimize waste accumulation and its negative impact on the environment.

Furthermore, we integrate blockchain technology to ensure transparent tracking of waste transformation processes and provide financial and governance rewards to participants who contribute to the system.

Project Goals:

• Environmental Regeneration: Reduce waste accumulation, minimize pollution, and promote sustainable resource management through the production and use of eco-products, solar micro-grids in the near future to ensure as much sustainability and climate friendly as possible.
• Blockchain Integration & Onboarding to Web3: Implement a secure and transparent blockchain system to track waste regeneration processes, decentralized storage onboard waste pickers to web3 directly and incentivize participants and receive impact certificates.
• Create a Regeneration hub for ReFi Tanzania - Create a safe space where regenerative projects can receive mentorship, support and guidance to provide real world solutions that impact our climate. Working hand in hand with the University of Dar es salaam. In the long-run we are looking to introduce our own Mini-round.
• Community Engagement: Raise awareness about waste-related issues and involve local communities in waste management and regeneration efforts as well as how they can benefit from sustainable practices in the form of ecological credits, tokenizing of Real world Assets and much more.

Project Updates & Learnings

• We have successfully facilitated not only the removal, but conversion of 600kgs of LDPE waste into eco-pellets so far from landfills in Dar es salaam.

• We are set to have our annual ReFi event this coming November, as well as our monthly beach cleanup on 20 November including local stakeholders, government officials and sustainability enthusiasts. We are aiming for at least 1 Tonne collected, and converted into eco-products.
• Onboarded 5 waste collection points with 20 waste pickers to login their daily offsets on our MVP so far. Training them on financial inclusion, saving, local governance mechanisms as well as the importance of their work in the community.

• Dispersed over 400$ to 2 waste collection points so far, almost doubling what they normally receive. (https://explorer.mainnet.near.org/transactions/AF9yubcNSAvKXihYQ5iMKM319JjLCESxMKXnyBj5A4JE)

What we are up to currently:

• Improving our MVP to fit users feedback, such as personal dashboards for waste managers, introduce trust scores for waste pickers to enable micro-lending in the long-run

• Onboarding more waste pickers to log in their daily verified offset information
• Building our gamified Impact to earn Carbon backed NFT marketplace to incentivize the proper collection and regeneration of waste all over. Metadata includes name, location, type of waste as well as amount.
• Research on production of Biochar from plastic we produce powered by solar micro-grids. Biochar enhances soil fertility, reduces carbon emissions, and minimizes environmental damage.
• Creating content material to easily onboard local projects making a significant impact in climate to Web3, and Public good funding on Gitcoin. Including explanatory videos, how to create a Web3 wallet, project, and donate.

Budget & Allocation of funds:

• Technology Development: $10,000 for revamping our dApp that will contain in-built sub wallets for waste pickers, track credit scores with blockchain integration.
• Infrastructure & Plant: $20,000 for revamping waste regeneration facilities and community engagement centers.
• Logistics for waste: $1,000 for reallocating the waste from collection points to recyclers.
• Awareness Campaign & Events: $2,000 for educational workshops, awareness programs, and community training on public goods, web3 and the intersection of climate.

Call to Action: We invite you to contribute to our mission of creating a more regenerative and sustainable future in Tanzania. By supporting our project, you will play a crucial role in addressing climate action & sustainable practices, waste management challenges, and fostering transparent financial systems. Your donation will have a lasting positive impact on the environment, local communities, and the overall well-being of the region. Together, we can drive meaningful change and lead the way towards a more sustainable and prosperous Tanzania!

Our address is 0x037Eb04AD9DDFf984F44Ce5941D14b8Ea3781459