Treegens DAO is building a world where anyone can plant trees and earn a living. Let's GROW! 🌳

Since GG21 we have:

1. Improved our AI tree counting API.
2. Open sourced our API model for tree counting.
3. Planted another 30,000 mangrove trees in Shimoni, Kenya.
4. Updated our dApp's UI/UX with How to Plant & How to Verify tutorials with videos & step-by-step guides written in both English & Swahili.
5. Formed a GROWalition of NGOs, CBOs companies & individuals to break another World Record for Tree Planting next Earth Day

The Proof of Plant Protocol that Treegens has developed will help empower the Regen movement to break the next World Record - Most Trees Planted In a Day by Any Number of People, which is 560M trees! Our ambitious goal is 1B trees planted on Earth Day.

Our intention of making every aspect of what we're developing open source is to support more builders to launch Proof of X Impact dApps, leveraging the user friendly UI/UX developed with General Magic.

🌳 THE CHALLENGE 🌳

Misaligned Incentives

Today our economy values the degeneration of nature more than it values the regeneration of nature. According to the UNEP, approximately 1.9 billion trees are planted yearly, yet approx. 15 billion are cut down each year. We Are losing forests at a rate equivalent to 27 soccer fields per minute!

Impact Transparency

The impact sector faces criticism for not providing enough transparency. Peer reviewed studies have shown that donations increase by 52% within 1 year when nonprofits earn a seal of transparency. The amount of funds on the sidelines, not funding what matters could make all the difference for the climate crisis.

🌳 HOW WE'RE SOLVING IT 🌳

Proof of Plant

The only way to create the $MGRO token is through Proof of Plant. Tree planters onboard through account abstraction / social logins, learn how to plant & film the mangrove trees, film the land before & after planting within our DApp with GPS automatically captured, then submit the data for DAO verification.

Treegen DAO members verify that the methodology of our 6 mangrove experts was followed in order to issue $MGRO. They also confirm that the trees were filmed correctly for our tree counting AI (one continual direction).

🌳 MANGROVE ADVISORS 🌳

Treegen planters are also incentivised to do health checks. 1/6th of an $MGRO token is minted per tree for the initial plant, another 1/6th after the health check after 3 months, 6 months, 12 months, 24 & 36 months. Any non surviving trees are reflected in the subsequential issuance such that 1 $MGRO token represents 1 mangrove tree that has grown to the point of 3 years.

Similar to Proof of Stake, $TGN token holders stake their governance token to verify the videos, assisted by AI tree counting. There are always multiple verifiers. If maliciously or carelessly approved or rejected, the DAO member will have a portion of their TGN slashed for accountability.

🌳 FINANCIAL MODEL 🌳

Our tokenomics is designed such that 95% of $MGRO tokens goes to the tree planters on the ground & 5% goes to the DAO verifiers as rewards. We additionally aim to stream retro rewards to the $MGRO holders from our centralised carbon projects, EBF Forwards & grant funds.

Non-Fungible Updates (NFU)

Every verified video becomes viewable on the Treegens DAO map as a Non-Fungible Update video. In order for companies or individuals to make an ecological claim that they funded trees, they buy these NFT videos with $MGRO tokens, which burns / retires $MGRO.

🌳 EXPONENTIAL REGENERATION 🌳

Treegens DAO was designed to scale tree planting around the world. We will achieve exponential regeneration through carbon forwards. As an organisation we will be planting mangroves and sell the future value of the carbon credits as forwards. These forward funds are at a discounted rate yet still an order of magnitude more than what it costs to plant. By reinvesying these funds back into more mangroves & repeating this process, we will multiply our mangroves by approximately 9X. We will also stream a portion of these revenues towards retroacively rewarding $MGRO holders & stakers, making people bullish on tree planting!

🌳INNOVATIVE GAMIFICATION🌳

We’re making regeneration both financially and emotionally rewarding through gamification. Trees funded and planted are showcased on a leaderboard.

We're also introducing the world’s first Dynamic Semi-Soulbound Token (DSST) to gamify tree planting and funding. The mind orb brightens as you fund trees (retiring $MGRO for non-fungible updates), and the heart orb brightens as you plant trees ( $MGRO is minted into your wallet). While the artwork is transferable, the orbs displaying impact metrics are not, appearing on whichever Treegen NFT you connect to our DApp. This innovation allows you to earn, not just buy, a visual Regen score, while still enabling customization and trading.

🌳 USER-CENTRIC DESIGN 🌳

Treegens DAO has partnered with the legends at General Magic for our frontend development & UI/UX design. GM has helped us leverage email or Google Login / Wallet Creation to easily onboard tree planters in developing countries around the world. GM has supported Giveth, clr.fund, TEC, ENS, The Commons Stack & many more impactful DAOs to create smooth user experiences & develop their front end.

We are also partnering with FonBnk to enable users to easily offramp $MGRO into Mpesa, within the dApp.

🌳EDUCATION in dApp🌳

Since GG21 we have updated our dApp front end to include How to Guides for both Mangrove Tree Planting & Verification. These education modules include videos & step by step guides in both English & Swahili. Check it out on mobile!

🌳ECOSYSTEM GROWTH🌳

Through account abstration & world class UI/UX, we're able to onboard users who have never head of web3. Treegens is growing a movement of tree planters through the 1B tree campaign & by doing so, we will be driving large numebers of users towards Celo, which will be apart of the Optimism Superchain soon.

🌳STREAMED RETRO REGEN REWARDS🌳

To GROW the movement & make everyone bullish on Regeneration, we plan to retroactively reward MGRO holders by streaming rewards to them via. SuperFluid. From Grant funds, Optimism RetroPGF, Optimism's Growth Experiment Grants, EBF Forwards & yield from $Earth in our treasury will all flow towards $MGRO holders.

🌳 USE OF FUNDS 🌳

Additional funding will enable us to develop the MGRO's buyers journey & integrate chain abstraction through Aracana Network. This will be a gamechanger because customers will be able to use most ETH L2 tokens to mint MGRO & TGN without needing to bridge!

🌳 UPDATED ROUGH TIMELINE 🌳

Nov: Fair Launch of TGN Dec: Launch MGRO Jan: Launch Treegens DSST Feb: Carbon Forward Deal

🌳 OUR TEAM 🌳

🌳 TOP WEB3 ADVISORS 🌳