Project Problem

Arbon will initially issue the social good of carbon sequestration. Forestry-based carbon sequestration projects in places like Indonesia or Brazil spend outsized effort and funds on intensive centralized project management. A project can only proceed if it can boast a positive ROI from carbon offsets sold to the global market. Project planners thus only choose to protect the forests of highest value. Carbon sequestration projects should primarily focus on protection of forest and be able to outsource measurement, reporting, and verification (MRV) to a trusted third party. With such a party, MRV costs would sink dramatically, freeing up local protection stewards to focus on drastically more widespread protection efforts.

Project Solution

Arbon is a network that enables supply side scaling for the carbon offset market to match vast global demand. It is built on three pillars: a carbon offset token, an oracle network, and a stewardship model for NFT-tokenized forest parcels. The oracle network utilizes satellite images for trustless consensus-based MRV. Each forest parcel NFT receives carbon sequestration and deforestation rates from the oracle network at monthly intervals that determine the amount of carbon offset tokens to be emitted to its holder. This “steward” invests into the NFT and its offset cash flows, thus holding agency over and disbursing value to local stakeholders (e.g. legal landowners, businesses, fauna, government).