Solarpunk

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Web3 and land stewardship, need ELI5 (oasa.earth)

submitted 5 months ago by [email protected] to c/[email protected]

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Web 3, nature conservacy, crypto-somthing, blockchain? So this organization appears to be buying land to then put in the hands of stewardship organizations. One of the places being bought under this scheme is Traditional Dream Factory.

Their plans and ideas seem sound, I just don't understand the crypto part and tokens and what these are supposed to accomplish as opposed to something like traditional shares or just write everything down on a piece of paper?

Is crypto ultimately just an ultra complex way of record keeping here?

I would really appreciate your opinions. In terms of activities and spaces, a lot of the TDF setup is very close to what we would like to build, so I try to study and understand different ways people organize such projects.

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[–] [email protected] 3 points 5 months ago

I appreciate you taking the time to write this up.

I used to have some Bitcoin before I understood how it really worked. Got out because all the scammers before I understood how it really worked. Now as I get involved in community projects, and crypto stuff creeps up everywhere, I feel like I have to understand what's going on in the background (the environmental issues, the pointlessness of it) to help others not fall for it.