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- Solar energy gets a Glow-up
⏱️ 717 words. Under 7 minutes reading time.
Hello Team,
This week we’re going to delve into the fascinating world of….
Someone sent me a cold email proposing a novel project. Then I noticed it used the word "delve."
— Paul Graham (@paulg)
5:47 PM • Apr 7, 2024
OK maybe not ✨
It’s been a big Bionic week here:
Pretty awesome-looking new website, Discord buzzing. What’s not to like…
Let’s keep moving forward ⏩️
OK. Have your attention?
Marcello Mari isn’t just a significant figure in the intersection of AI and blockchain technology.
He’s the CEO of Singularity DAO and also an Advisor here at Bionic.
We had the pleasure of an insightful 45-minute chat.
Wish it was longer. So much to cover, but to give you a flavour of what we go into:
Humanoid robots will be common in society within 10-15 years.
We need decentralized AI to ensure it benefits all of humanity.
The future will see AI and blockchain drive major societal and technological advancements.
ON YOUR RADAR
🥶 OK EVERYBODY FREEZE! Well, that’s what this DeSci project wants.
👀 Just Nature magazine casually talking DAOs.
🌇 Catch rays with VitaDAO in Dubai at Token2049. Get info.
🤝 Fellowships aren’t just a LOTR thing. There’s a DeSci one that you can join.
🧑🌾 There’s a farming DePIN called Farmsent. It’s on Peaq.
💧 Data Lake have some strong “Probably Nothing” game.
🧬 Your Genomic data is being exploited. GenomesDAO explain the answer.
THE BREAKDOWN
😎 Glow: The Solar energy DePIN
⚔️ Inspiring words from Glow Founder, David Vorick.
If you want to really make a difference… people have to feel like they're going to war.
We watched his chat with Unleashing DePIN and would recommend you did too.
It’s another example of a decentralized approach to tackling one of humanity’s biggest problems.
The Lowdown
Glow is a revolutionary platform leveraging web3 mechanics to deploy solar infrastructure and generate carbon credits.
The project aims to replace dirty energy sources with solar power.
It rewards solar farms for displacing coal and natural gas, using a unique token system to finance and expand solar energy adoption globally.
Problems Being Solved
Environmental Impact: Aiming to significantly reduce global carbon emissions by targeting the 40-60% contribution from coal and natural gas power plants.
Energy Transition: Facilitate the world's shift to clean energy, specifically solar, to combat global warming.
Financial and Operational Efficiency: Address inefficiencies in the carbon credit market, including high fraud rates (estimated 75-80%) and the lack of support for solar projects in existing carbon credit frameworks.
Community Engagement: Utilize tokenization to unite and motivate communities towards environmental action, overcoming the engineering bottleneck in crypto projects.
How the Product Works
Infrastructure Deployment: Uses cryptocurrency's strength to deploy extensive solar infrastructure, incentivizing the installation of solar farms that directly compete with fossil fuel-based power plants.
Token and Cash Rewards: Solar farms earn tokens and cash based on the carbon credits they produce and the electricity revenue generated, promoting clean energy production.
Auditing and Transparency: Each solar farm is audited by humans, with detailed records and photos published online for transparency, ensuring the integrity of carbon credits generated.
Community Participation: Individuals and companies can participate by installing solar panels, purchasing carbon credits, or subscribing to a monthly contribution model, earning impact points and tokens.
Marketplace and Tracking: A forthcoming feature will allow participants to track the specific impact of their carbon credits, linking them directly to the solar farms and time of generation, enhancing transparency and trust in the system.
Getting Involved
For Homeowners: Engage with companies like Glow Solutions to install solar panels at little to no cost, earning Glow tokens in the process.
For Enthusiasts and Supporters: Join the Glow Discord community, follow on social media, and subscribe to newsletters for updates, educational resources, and ways to contribute to the project's growth.
For Companies: Adopt Glow's model for corporate social responsibility, investing in carbon credits or impact points to support clean energy and gain recognition for environmental contributions.
▶️ Watch the video in full on YouTube.
The Bionic newsletter is meant for informational purposes only. It is not meant to serve as investment advice. Please consult with your investment, tax, or legal advisor before making any investment decisions.
Disclosure: Authors may own cryptoassets named in this newsletter.
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