Overview Of ReFi Project; Regen Network.
Regen Network is a blockchain startup focused on ecological data, in the regenerative agriculture space and climate carbon control. The goal is to reinvent the economics of agriculture so that farmers are seen not only as food producers, but also as land stewards. Regen Network incentivizes regenerative land use practices, restores ecosystems and reverses climate change. Reverse climate change with digital carbon and regenerate ecosystem.
Regen Network’s infrastructure originates digital carbon assets in the Interchain economy, unlocking web3 regenerative finance.
Regen Network Mission.
Broken economic models incentivize the degradation of land, destroy ecosystems and fuel climate change. Regen Network’s mission is to be a global accounting system for ecological health and climate finance; therefore, the fact that blockchain is immutable, publicly verifiable, and decentralized is highly beneficial for their core purpose. They decided on a domain-specific blockchain rather than building on top of an existing blockchain such as Ethereum. They want their community to have control over the entire software stack.
Regen Network Founders/ Team
Regen Network was founded in 2017 by Gregory Landua who is co-founder and co-Chief Regeneration Officer of Regen Network.Gregory studied marine and terrestrial ecology and evolutionary biology in the Galapagos Islands, translated for Amazonian rainforest guides, fought wildfires in the wilderness of Alaska, lived in established ecovillages, founded a successful work-live cooperative, and studied the nuances of ecology and ethics. Gregory has B.S. in Environmental Science and Ethics from Oregon State University, and a M.Sc in Regenerative Entrepreneurship and Design from Gaia University.
Aaron Craelius, the Chief Technical Officer, brings a depth of software development experience, including desktop programming in C++ and C#, back-end and front-end web development, and embedded and FPGA work. As an avid environmentalist, harnessing technology to benefit the planet and its inhabitants has been a long-time dream.
Why Regen Network?
Agricultural lands represent a large part of humanity’s ecological footprint, and yet agriculture could be one of the most regenerative ways in which we could interact with the planet. Utilizing remote sensing and distributed ledger technology, Regen Network looks to grow the Payments for Ecological Services market in way that compensates farmers ecological practices with positive ecological outcomes, while enabling corporations to improve their supply systems, municipalities to decrease their risk of climactic disasters, and support governments in meeting their environmental obligations regarding water, carbon, and more. In summary Regen Network is ;
Community Centric: incubating ecological impact DAOs and new methodology development with scientists, project developers, and climate impact researchers.
Tokenize Carbon Credits: Mint, retire and transfer new digital ecological assets and create assets pools with Regen Registry and Regen Marketplace.
Decentralization: Regent Network pairs land steward stakeholders with governance of a layer 1 blockchain dedicated to ecological health and climate action.
Where Crypto, Carbon, and Climate Meet.
The bridging of the crypto and carbon markets has accelerated cooperation, collaboration, and coordination to bring forth on-the-ground climate regeneration.
The demand for carbon in the DeFi space, especially coming off the heels of COP26 and its commitments, is affecting markets and changing the narrative around crypto’s relationship to carbon and climate. Having data and information on-chain allows for greater transparency, and it solves the major issue of double-counting credits. Bringing the data into the public domain allows for more explicit and cohesive market conversations, according to Sarah Baxendell, Director of BD at Regen Network. “I think we collectively as people are interested in utilizing blockchain mechanisms for global carbon accounting. Just see this as really a ripe opportunity to start bringing big datasets onto the chain and having much greater price transparency inside of that environment,” she says.
Regen Network is building an on-chain registry system for carbon claims and integrating data into the marketplace with Regen Registry. This aids in bringing the blockchain as close to the claims process as possible to keep track of the data and methodology.
Regen Token.
REGEN token is a utility token powering an application specific blockchain for global climate finance and Regen Network base token.
Regen Ledger is a sovereign, proof-of-stake blockchain built on the Cosmos SDK. REGEN is a staking token, providing Regen Ledger with utility – namely, fees, gas, governance and security.
REGEN token is designed to ensure utility for ecological data and climate markets. Regen Network is governed as a public blockchain by token holders.
REGEN token will accrue value from transaction fees on ecological assets and other transactions originated and secured on-chain.
Staking/delegating is a critical function to secure Regen Ledger, participate in community governance and support the growth and development of Regen Network. Staking also generates rewards for delegators. Staking tokens accrue yields between 7% and 40% annual percentage yield (APY).
To learn more about Regen Network token economics, please read whitepaper.
How To Buy Regen Network Token
Some cryptocurrencies, like Regen Network, can only be purchased with another cryptocurrency on decentralized exchanges. To buy Regen Network, you’ll need to first purchase Ethereum (ETH) and then use ETH to buy Regen Network. And to do that, you need what’s called a self-custody wallet.
If you’re using Trust Wallet on your mobile phone, you can purchase Regen Network right in the app. Tap on the Icon
. Then tap on the “Trade” tab, where you can swap ETH for any token that runs on the Ethereum standard (called “ERC-20 tokens”). Tap “choose coin” and select Regen Network. Input the amount of ETH you’d like to exchange for Regen Network. Remember to leave enough for transaction fees. Confirm your purchase and follow the instructions on the screen to finalize.
REGEN Price Live Data
The live Regen Network price today is $0.518006 USD with a 24-hour trading volume of $185,363 USD. Update of REGEN to USD price in real-time. Regen Network is down 3.08% in the last 24 hours. The current CoinMarketCap ranking is #3882, with a live market cap of not available. The circulating supply is not available and a max. supply of 108,151,566 REGEN coins.
If you would like to know where to buy Regen Network at the current rate, the top cryptocurrency exchange for trading in Regen Network stock is currently Sifchain.
Conclusion
REGEN is a staking token, providing Regen Ledger with utility – namely, fees, gas, governance and security. REGEN token is designed to ensure utility for ecological data and climate markets. Regen Network is governed as a public blockchain by token holders. REGEN token will accrue value from transaction fees on ecological assets and other transactions originated and secured on-chain.
Note: Cryptocurrency trading is a very volatile market, always do your due diligence research before investing in any token.
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