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BlockCarbon own proposals

Community Reviews across funding rounds

12
Total reviews
Addresses Challenge
5 Star
Feasibility
4.75 Star
Auditability
4.5 Star

Proposals Across Funding Rounds

0
Completed
1
Approved
1
Proposed
₳0
$64.1K
Requested
₳0
$64.1K
Awarded
₳0
$34.5K
Received

Funding data last updated

BlockCarbon Proposals (2)

Carbon Marketplace and Exchange

$34,515 Received
$64,100 Requested

Solution: Trading and staking of carbon tokens backed by a trusted custodian allows liquidity to develop before full decentralization can be achieved.

Challenge: Fund 8
funded Awarded 0.401% of the fund.
0 (1)

Carbon ERC-20 Converter to Cardano

$27,000 Received
$27,000 Requested

Solution: Simple to use, trustless, secure conversion of ERC-20 to BlockCarbon tokens on Cardano. Liquidity boost for developing carbon market.

Challenge: Fund 8
completed Awarded 0.169% of the fund.
0 (1)

Monthly Reports

Experimentation with an Onomy Protocol DEX combining order book markets and automated market making (originally implemented in Rust), experimentation with off-chain order books for increased liquidity and ability to introduce maximum volatility thresholds, Public testnet and private testnet simulation and feature creation for environmental and carbon tokens, Consultation with traders of EU and NZ ETS about creating synthetic assets and off-chain baskets for hybrid exchange integration based on USDT model and custody for example through BlockCarbon Markets OU or third party off-chain market makers.

Disbursed to Date
$34,515
Status
Still in progress
Completion Target
3. In the next 6 months
Attachment(s)
Comments 0

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We added capabilities to the team through interviews/hiring of Haskell skills, and our ongoing education (Emurgo course, Pioneers communities). Highlights this month includes further interest and/or commitment from Ethereum and Polygon ERC-20 carbon token holders to convert to Cardano BlockCarbon, or acquire/exchange wrapped tokens. Held team Zoom meetings between June, Lawrence and Thomas about suitable existing bridges, implementation of Plutus V2 and adding Cardano smart contracts mirroring minting and burning functionality of other voluntary on-chain carbon tokens. Conducted legal and administrative work leading to custodial and transactional readiness for European and Asian investors in various legislations; bank accounts; trading accounts and fine-tuning of allowable BlockCarbon registry methodologies and integration of partner activities into native Cardano token projects to be launched on BlockCarbon Markets. Finally, adding focus to carbon markets alongside DeFi, with planned online portal being developed: tracking of convergence and arbitrage for fungible Ethereum, Polygon and Solana carbon tokens as wrapped or bridged assets. https://drive.google.com/file/d/1slBKCLre0GFpiFkLwxuPmme6XBdKgii0/view?usp=sharing

Disbursed to Date
$34,515
Status
Still in progress
Completion Target
3. In the next 6 months
Comments 0

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Disbursed to Date
$34,515
Status
Still in progress
Completion Target
3. In the next 6 months
Attachment(s)
Comments 0

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Disbursed to Date
$34,515
Status
Still in progress
Completion Target
4. After 6 months
Comments 0

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Until the end of June 2022 we identified the skills needed and risk mitigation in unfavorable DeFi environment to make the project a success and leverage developer and governance capabilities for long-term strategy (DAO, community and standard/registry). Move project management to Jira for all BlockCarbon initiatives. Launch as a hybrid/centralized exchange will go ahead according to timeline with initial 2 BlockCarbon tokens and converted ERC-20 tokens.

Disbursed to Date
$34,515
Status
Still in progress
Completion Target
4/30/2023
Attachment(s)
Comments 0

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This is the first monthly report for a new Fund-8 project with no deliverables at t0. The project will run from May 30th 2022 - April 30th 2023 and share objectives, resources and planning with 700030 and 800062. Please refer to Twitter @carbonblock and https://t.me/BlockCarbon for additional updates. We look forward to getting started and will submit project progress files with June 24th monthly report and onwards.

Disbursed to Date
$34,515
Status
Still in progress
Completion Target
4/30/2023
Comments 0

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