Project Problem

Creating eco/social impact (aside from CO2-focused projects) has no financial value - so to say: positive impact is not a product. Therefore nearly all contributors for the social or ecological good rely on donations.

Project Solution

Our goal with our Berlin-based company LOOMPACT is to give social and/or ecological impact a financial equivalent & make it tradable. To this end, we have created loompact.com as a platform where impact creators can effortlessly report their impact and later undergo an external audit & certification.

The social/ecological performance certified in this way is then securitized in Solana-based NFT collections (see https://loompact-nft.com) and the origin of the impact can be traced end-to-end by the buyer. These impact credits are sold to CSR departments of large companies, to foundations or even to individuals.

The proceeds from the sale and also the commissions from the secondary market sale benefit the impact-generating organizations alone. This makes it possible for the first time to offer social and ecological services as a product outside of the already established CO2 certificate trade in order to provide financially sustainable solutions to the challenges of today's world.