Project Name: Trustree
Project Track: Eco-Friendly
Team Name: Trustree
Team Member(s): 2 @beastdeveloper @preposty
Dorahacks Project Link: Trustree | Buidls | DoraHacks
Project Goal: Connect businesses with verified tree planting projects to restore our planet.
Project Info:
Trustree is a scalable open platform that allows forest projects of any size, from around world, to measure, report, verify and fund their projects with digital transparency.
Trustree_presentation.pdf (3.7 MB)
Project Website: https://trustree.xyz
Project Test Instructions:
- Visit our website
- Connect your wallet and select the Nile Testnet network
- First of all, you can create a new project on the platform
- By creating a project, an NFT 1155 token is created
- With two other accounts, you can handle test verification of the project
- After that, the Trustree team will carry out its verification and then project will become available for funding
- You can also act as a validator and verify other projects on the platform
- Or fund some project if it has completely passed the verification
Project Details:
About
Trustree is a scalable open platform that allows forest projects of any size, from around world, to measure, report, verify and fund their projects with digital transparency.
Through Trustree, individuals, communities, NGOs, entrepreneurs, and governments are able to create transparent, immutable, proof-of-impact data that is comprehensively verified by a network of independent experts.
The main goal of the Trustree platform is to give people involved in forest planting projects the opportunity to attract funding from all over the world, and potential investors to gain confidence in the project through decentralization and triple verification.
Verification
Verification in Trustree takes place in 3 stages.
At the first stage of verification, one of the independent validators checks the correctness of the information provided and writes a small review of the project.
At the second stage of verification, the validator needs to travel to the project location and, in addition to the review, also provides photo and video files.
And at the third stage, the Trustree team collects and finalizes all the data and makes a decision on project verification.
Verified projects will be able to receive funding from independent investors.
All data on verifications, reviews, media files and, in general, all information on each project is stored decentralized on the Tron blockchain and IPFS.
Target users
Project operators
Access digital MRV tools and financing needed to protect and scale your forest projects.
Validators
Ensure forests are thriving by leveraging blockchain technology and collective expertise.
Funding partners
Directly support Trustree development and forest projects all around the world.
Key features
Accessibility
We make sure all forestation projects around the world, both big and small, have access to our digital platform.
Transparency
By recording all data and transactions on the blockchain, we achieve a level of transparency never before seen in the forestation industry.
Scale
Trustree fully decentralized, meaning new solutions to address climate change can be built quickly using Trustree as the foundation.
Financing
Transparent, truthful and eligible forestation projects can get access to carbon financing when the MRV process is successful.
Smart Contract links:
Trustree 1155 NFT (Nile Testnet)
TXFoXeWtnvGQYUoP77MkNouj4gWSxXdEuH
Trustree Token ‘TRT’ (Nile Testnet)
TK67pCQCnmJmTXLUvxaCjCq9FW1yA3sJHX
Project Milestones:
Trustree One: During these two months, we managed to make an interesting project and make great progress in understanding the needs in the eco sector. We managed to implement the first version of the project, make a website and write two smart contracts.
Trustree Two: In April and May, our goal is to release the project on the Mainnet, finish developing the platform and start interacting with users.