Green Crypto-Assets

Description

Louise Borreani and Pat Rawson:

"A green asset, in comparison to a typical financial asset, is understood as a transferable financial object that generates a positive impact for the environment while providing economic benefit to its holder. Per our stack metaphor, the green crypto-assets explored in this chapter are ultimately issued by crypto-institutions who, hoping to improve the ecological state of the underlying material reality, administer protocols that control the governance surface, supply dynamics, and distribution of these assets through technical smart contracts, legal-institutional negotiation, and socioeconomic intervention. Once existent on a public blockchain, these crypto-assets are exchanged in the open market layer situated above.

This chapter begins by overviewing existing efforts and taxonomies for classifying green assets."

(https://mirror.xyz/ecofrontiers.eth/zkh2LoADInAgr7GLbXnsuUOEcwJKFE4GuUSYuYU22io)