Last updated a year ago
Energy and environmental data can save money and fight climate change through energy services and carbon markets. We will democratize data so all value is returned to users instead of corporations
Data miners collect IoT data and apply it to AI apps that help reduce carbon footprint through energy saving and solar, then monetize performance with rewards and NFTs as credits so users earn
This is the total amount allocated to NZTwork (Net Zero Token Network): Revolutionizing Carbon Credit Creation.
Nicolas Waern nw@nzt.work
Phillip Kopp p@nzt.work
Nicholas Lee nl@nzt.work
Corban Lester c@nzt.work
Vince Broyles v@nzt.work
Himanshu Shukla h@nzt.work
NZTwork requires integration with IoT data miners and users who reduce carbon footprint through energy savings and solar. It is designed to be hosted on the MetaCloud, a low-energy decentralized server cluster that DCarbon Solutions is developing. The blockchain solution is not dependent on these developments but is dramatically enhanced by them.
yes, project will be fully open-source.
SDG Goals
7 - Ensure access to affordable, reliable, sustainable and modern energy for all
9 - Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
11 - Make cities and human settlements inclusive, safe, resilient and sustainable
13 - Take urgent action to combat climate change and its impacts
17 - Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development
SDG Subgoals
7.1 - By 2030, ensure universal access to affordable, reliable and modern energy services
7.2 - By 2030, increase substantially the share of renewable energy in the global energy mix
7.a - By 2030, enhance international cooperation to facilitate access to clean energy research and technology, including renewable energy, energy efficiency and advanced and cleaner fossil-fuel technology, and promote investment in energy infrastructure and clean energy technology
Key Performance Indicator (KPI)
7.1.2 - Proportion of population with primary reliance on clean fuels and technology
7.2.1 - Renewable energy share in the total final energy consumption
Universal Human Rights Index (UHRI)
No UHRI indexes selected
The Challenge:
In the face of escalating environmental challenges, pursuing sustainable energy solutions has reached unparalleled urgency. The carbon credits market, an instrumental mechanism in counteracting climate change, is mired in transparency issues, inefficiencies, and fraudulent activities. The democratization of this process, enhancing its accessibility, dependability, and efficiency, is paramount to harness its potential in environmental conservation.
Proposed Strategy:
NZTwork was conceived with the resolute intention of addressing these predicaments. Our strategy is predicated on our firm belief in the transformative potential of Artificial Intelligence (AI), the Internet of Things (IoT), and blockchain technologies, mainly when applied in carbon credits and energy data domains. Employing the robust, scalable, and energy-efficient Cardano blockchain substantiates our fundamental principles of sustainability and decentralization.
Stakeholder Engagement:
NZTwork incorporates a broad spectrum of stakeholders, encompassing businesses, government entities, and individuals with vested interests in the carbon credit market and energy data. We aim to democratize this marketplace, infusing it with more excellent reliability and promoting more involvement in our endeavor for sustainable energy practices.
Realizing Impact:
The efficacy of NZTwork will manifest through significant enhancements in transparency, efficiency, and accessibility within our decentralized carbon credits NFT marketplace. Key success indicators encompass diminished fraudulent occurrences, elevated trust, and abridged transaction expenses and durations. Furthermore, NZTwork's capability to offer strategies for optimizing energy consumption and curtailing emissions for businesses and individuals underscores our tangible impact. In practical terms, NZTwork has already reached a Memorandum of Understanding (MOU) to initiate a pilot program with the Energy Trust of Oregon. Concurrently, negotiations to execute a parallel program with Energy Resources Integration, LLC are nearing completion. We have also partnered with the Altruist Accelerator Program to expedite the development of our platform's commercial side.
Uniqueness and Beneficiaries of the Solution:
NZTwork's specific application of AI, IoT, and blockchain technologies to address challenges in the carbon credit market sets us apart. This combination of technologies improves market transparency and efficiency, democratizes it, and encourages engagement from a wider demographic.
Role of Cardano:
NZTwork aspires to build an energy data exchange and a carbon credits NFT marketplace using the Cardano blockchain. All transactions and incentives for sharing energy data will be facilitated via the Cardano platform, showcasing the network's strength and scalability while aligning with Cardano's commitment to sustainability and decentralization.
Constructing the NZTwork Platform:
NZTwork combines the power of blockchain, AI, and IoT technologies to create a carbon credits marketplace that is significantly more efficient.
The platform incorporates several compelling features:
NZTwork creates an NFT marketplace characterized by transparency and decentralization, specifically designed to secure and efficiently trade our decentralized carbon credits NFTs. The decentralized nature of this marketplace drastically reduces the potential for price manipulation and eliminates hidden fees. The platform also includes advanced smart contracts that automate the trading process, executing transactions when predetermined conditions are met.
The platform capitalizes on advanced AI algorithms to validate carbon emissions data from diverse sources. This heightens the credibility of the carbon credit market. Its innovative monitoring system offers near real-time offsetting by matching emissions with renewable energy reintroduced to the grid, thereby fostering an atmosphere of net-zero carbon emissions.
NZTwork integrates IoT devices and employs digital twin technology—a virtual model replicating a physical system—to provide detailed, real-time energy consumption data. This data, in turn, arms businesses and individuals with the knowledge needed to optimize their energy consumption habits, thereby reducing waste and decreasing their carbon footprints. The platform's capacity to predict energy usage patterns further contributes to strategic and efficient energy management.
The Distinctive NZTwork Advantage:
Leveraging a combination of cutting-edge technology and unique approaches, NZTwork offers significant benefits poised to transform the renewable energy sector:
NZTwork provides real-time, detailed energy consumption data using AI algorithms and IoT technology. This data equips businesses and individuals to identify inefficiencies, adjust their consumption patterns accordingly, and dramatically decrease waste. Moreover, the platform's machine-learning capabilities suggest personalized strategies for enhancing efficiency and cultivating a sustainable energy culture.
The comprehensive carbon monitoring and matching system of NZTwork supports more effective carbon offsetting. The system pairs emissions with renewable energy returned to the grid, fostering a net-zero carbon emissions environment. As a result, it plays an active role in reducing carbon footprints and encouraging sustainable energy practices.
AI tools and Dapps will allow the optimization of recommendations for users on how to save and earn more, as well as coordinating systems to proactively adapt to a more renewable and efficient energy grid with dramatically higher use of electric transportation and decentralized solar generation.
NZT is planned to be hosted on the MetaCloud. In this energy-efficient decentralized server cluster, users host data and processing on edge devices designed for ultra-high energy efficiency (<10W operating load) compared to cloud data centers, dramatically reducing the energy footprint compared to web2 centralized clouds.
With its user-friendly, decentralized carbon credits trading platform, NZTwork eliminates barriers to entry in the carbon credit market. By simplifying the trading process and providing transparent, real-time data, NZTwork opens up the carbon credit trading market to a broader audience, which includes small businesses and individuals.
NZTwork amalgamates detailed energy usage data with AI algorithms to ensure the accuracy of carbon emissions data. This precise data proves invaluable to businesses, governments, and individuals, facilitating data-driven decisions concerning energy consumption and carbon offsetting strategies.
In summary, NZTwork is poised to revolutionize how businesses, governments, and individuals engage with renewable energy initiatives and the carbon credit market. By enhancing energy efficiency, promoting sustainability, widening the user base, and providing high-quality data, NZTwork charts a path toward a more sustainable future.
NZTwork presents a resolution to confront the primary challenges of the carbon credits market. These challenges encompass a lack of transparency, widespread inefficiencies, and the pervasiveness of fraudulent activities. The proposed solution is firmly grounded on implementing Cardano's robust, scalable, and energy-efficient network. The sophisticated integration of blockchain technology with AI and IoT stands poised to transfigure the carbon credit landscape, metamorphosing it into a marketplace that is substantially more transparent, efficient, and accessible.
The implications of this project for the Cardano ecosystem are profound, with many anticipated benefits.
It showcases the power and potential inherent in the Cardano network when wielded to address real-world problems. More importantly, it highlights the application of Cardano technology in tackling issues of global concern, particularly those about environmental sustainability.
Figure: Expected growth over MetaCloud Io3D 'Miners' in units (Y-axis) and time period in months (X-axis)
Figure: Expected growth over Data 'Miners' in units (Y-axis) and time period in months (X-axis)
With Cardano positioned as a sustainable blockchain, adding NZT and the decentralized efficient MetaCloud server cluster provides substantial credibility to maintain and grow Cardano’s position as the most sustainable blockchain project. NZT can offset 100% of Cardano’s emissions with user actions so that its users provide sustainability.
Strong growth of user-base
Given the current landscape of the Cardano ecosystem, it's plausible to hypothesize that a substantial majority, exceeding 95%, of prospective MetaCloud Miner and Data Miner users will represent a fresh new user base within the Cardano ecosystem.
This is based on the observation that decentralized wallets, specifically those aligned with the Cardano platform, have yet to reach widespread adoption, particularly when contrasted with Ethereum Virtual Machine (EVM) wallets like MetaMask, or even those of the Solana. Thus, NZTwork creates a unique opportunity to catalyze a substantial influx of new users into the Cardano ecosystem.
By building on top of Cardano, these potential users, from both the crypto world and new people not previously active in crypto and corporate users, might have considered engaging with a Cardano wallet or utilizing ADA tokens to facilitate transaction fees. Consequently, our initiative is critical in fostering greater user adoption of the Cardano platform.
In devising this solution, our proposal aligns itself with several cardinal goals underpinning the Cardano ecosystem.
Thus, the NZTwork initiative promises to reinvent the carbon credits market and aligns seamlessly with the overarching vision and objectives of the Cardano network. It sets the stage for the possible applications of blockchain technology in creating solutions for complex, real-world problems while emphasizing the importance of sustainability, transparency, and decentralization.
Reciprocal Benefits and Enhanced Reputation for the Cardano Community:
In addition to providing essential funding for the project team, the proposed endeavor promises to engender reciprocal benefits for the Cardano community. By facilitating NZTwork's creation, Cardano can augment its reputation as a supportive platform conducive to innovative solutions that address real, real-world challenges. This could entice an influx of both developers and sustainability-focused projects to gravitate toward the Cardano ecosystem, thus fortifying the network's robustness and diversity.
Forecasted User Engagement Surge within the Cardano Ecosystem:
Regarding impact, we forecast a significant amplification of user engagement within the Cardano ecosystem. Our solution is poised to act as a magnet, drawing thousands of businesses, governmental entities, and individual users interested in renewable energy, carbon credits, and energy data toward the Cardano community. Consequently, this would catalyze a dynamic surge in user interaction and involvement within the ecosystem.
Addressing Core Market Issues and Aligning with Cardano's Mission:
The inception of NZTwork also promises to bolster the Cardano ecosystem by addressing a core problem associated with transparency and accessibility within the carbon credits and energy data markets. In this regard, we align seamlessly with Cardano's mission of instigating societal transformation through decentralization and democratization.
Potential Spillover Effects on Other Sectors:
Our pioneering endeavor could inspire similar initiatives in other sectors, thereby stimulating the creation of numerous innovative solutions based on the Cardano platform. These solutions would not only reinforce the robustness of the Cardano ecosystem but also address pertinent, real-world problems, further underscoring the relevance and utility of the Cardano network in contemporary society.
Transparency in Blockchain-Based Carbon Mitigation: Our Project's Visible Impact
The output of our project will be transparent and visible on the blockchain itself as data mining transactions will be written to the blockchain, rewards to MetaCloud infrastructure providers, and conversions and transfers of NFT carbon credits are all publicly visible. Our impact is directly measurable based on that data from users and transactions. The more users we have, the more carbon mitigation takes place, and the more rewards are issued, all quantified, so performance is a direct factor of carbon reduction.
Evaluating Transparency and Efficiency: Measuring Reform in a 'Wild West' Market: The project's success can be assessed through multiple quantitative and qualitative metrics. Our primary measure of transparency and efficiency would be a discernible reduction in fraudulent activities and enhancements in transaction processing times. These indicators will be evaluated by comparing pre-NZTwork and post-NZTwork data about carbon credits and energy data. Our overarching goal is to infuse principles of transparency, democracy, and decentralization into the current carbon credits and energy data market, commonly called a 'Wild West' due to its prevalent disorder, organized crime involvement, and lack of regulation.
Quantifying User Engagement: Reach, Adoption, and Appeal:
Another key quantitative measure would be the number of businesses, governments, and individuals actively interacting with the NZTwork platform, reflecting our reach and user engagement. The growth rate in user adoption would provide crucial insights into the appeal and acceptance of our innovative solution.
Figure: NZT simulation of token price and Data Miner ROI
Assessing Energy Management Impact: AI, IoT Integration, and Carbon Footprint Reduction:
We will also evaluate the effectiveness of integrating AI and IoT technologies by reducing carbon footprints observed among participating entities. By monitoring alterations in consumption patterns and successfully implementing suggested strategies, we can quantify the tangible impact of our solution on energy management practices.
User Feedback: Extracting Qualitative Insights and Gauging Overall Impact:
User testimonials and opinions will be utilized to gain qualitative insights into the platform's usability, effectiveness, and overall impact on the renewable energy sector.
Boosting Cardano's Ecosystem: Showcasing Real-world Implementation and Stimulating Growth:
The proposed project's benefits to the Cardano ecosystem promise to be significant. NZTwork will serve as a tangible, real-world implementation of Cardano's capabilities, effectively showcasing its potential to address global issues. This demonstration is expected to attract more innovators to the Cardano ecosystem and substantially increase transactions processed on the Cardano network, specifically concerning carbon credit and energy data trades.
Meeting Global Sustainable Solution Demand: Advancing Cardano's Visibility and Understanding:
Our measures are realistic and achievable, considering the escalating interest and demand for sustainable solutions worldwide. As organizations worldwide strive to reduce their carbon footprints, NZTwork emerges as a timely and efficient solution built on a reliable platform like Cardano.
Regarding the impact of this innovation, in the short term, the project will likely bolster Cardano's visibility within the renewable energy sector and attract a new user base intrigued by carbon credits and energy data. Furthermore, it will foster a deeper understanding and practical application of blockchain technology in tackling global issues.
NZTwork is committed to sharing the outputs and results of our project with the Cardano community and all relevant stakeholders. We have a strategic plan to effectively distribute the project's results over a realistic timescale, ensuring the maximum possible impact.
Systematic Documentation and Reporting:
NZTwork pledges to maintain a transparent exchange of information about our project's progression with the Cardano community and all pertinent stakeholders. To that end, our strategy encompasses the creation of comprehensive reports and documents detailing the project's objectives, employed methodologies, significant results, and achieved milestones. Such a systematic approach to documenting our journey will illuminate our endeavor's technical and commercial aspects to the public. All these reports will be continuously updated and made accessible in our data room: https://nzt.work/go/dataroom
Whitepaper & Documentation Updates:
IIntending to provide in-depth insights into our innovative solution, we anticipate regular updates to our commercial and technical whitepapers, which are currently 80% complete. These documents will shed light on various aspects ranging from our decentralized file storage network and integration mechanisms with the Cardano blockchain to our decentralized data exchange and oracle network architecture. We also aim to disseminate this knowledge through presentations at industry-specific conferences.
Community Involvement and Engagement:
Our strategy includes actively engaging the Cardano community through social media platforms and community meetups (both physical and virtual). By sharing technical updates, answering queries, and welcoming community feedback via these channels, we aspire to foster a comprehensive understanding of our project's technical intricacies.
Collaboration and Strategic Partnerships:
Our project seeks to build partnerships with relevant stakeholders within the Cardano ecosystem, encompassing projects, enterprises, and influencers. By sharing our technical outputs and identifying synergistic potentials, we can bolster our impact, unlock growth opportunities, and spur technological innovation. We have forged strategic partnerships with various companies within the crypto realm.
Strategic Partnerships with Crypto Companies:
Image: Planned IEO on Probit exchange in 2024, ranked #28 according to coinmarketcap.com
Open-Source Contributions:
As staunch supporters of open-source development principles, we plan to contribute significant components of our project to the Cardano ecosystem. This will foster an environment encouraging other developers and projects to build upon our work, thereby promoting further research and developmental activities. Our co-founder and CTO, who is also the founder of Conectric Networks, contributes with his company also to the open-source world: https://github.com/Conectric.
Harnessing Data and Insights:
The insights and data generated from this project will form the foundation for NZTwork's future research and developmental activities. User feedback, performance metrics, and achieved results will be instrumental in refining our AI algorithms, enhancing our platform's power, and expanding functionalities. In addition, inputs from users and the broader Cardano community will shape our R&D roadmap, ensuring we address identified limitations and keep pace with emerging solutions within the Cardano ecosystem.
Driving Innovation:
With the results and learnings from this project, we aim to continually drive innovation, optimize our algorithms, and discover new avenues for growth within the Cardano ecosystem and the broader realm of AI-driven carbon credit market solutions.
Demonstrating Accountability and Trustworthiness:
NZTwork steadfastly commits to realizing our project objectives with remarkable trustworthiness and accountability. Our proven capabilities and impressive track record underpin our candidacy as the ideal entity to steer this endeavor:
Highly Skilled & Experienced Team:
The NZTwork team embodies a unique blend of diverse talents, with members bringing a robust entrepreneurial acumen from various sectors, such as digital twins/metaverse, digital marketing, building management, software engineering, mechanical engineering, and sustainability.
Our team has worked together on numerous projects delivering complex solutions for tier 1 customers in ITC and energy fields. Some examples include an energy analytics platform with near-real-time IoT sensor networking and monitoring for AT&T, near-real-time IoT sensor monitoring for Binero SE, the world’s most sustainable data center, and an EU-funded XR Metaverse visualization tool with AI self-learning control delivered through a near real-time edge network and 100’s of IoT sensors in Swedish schools.
Our principles have written over 15 patents and co-founded SaaS unicorns like Cloudbeds. This is the ultimate opportunity to scale a democratic technology solution to some of today’s most significant challenges. Our team has many more examples of working on government-funded projects with high levels of accountability, including published work through the US Department of Energy, California Energy Commission, and Department of Defense.
As experienced project developers and managers, we can put systems and tools in place to manage teams and provide feedback, emphasizing documentation. By its very nature, our project is highly transparent, as its success is written on the public blockchain record. We are committed to succeeding and enabling the path for democratic and decentralized energy and financial systems.
A few examples of Published reference articles for our project principles include the following:
Guided by a Distinguished Advisory Team:
Our project benefits immensely from our advisory team's guidance, composed of thought leaders and seasoned professionals from diverse domains. The team boasts of a thought leader in the energy sector, a prominent Hollywood movie producer, a former star player from the LA Lakers basketball team, an expert in logistics and technology, Chief Technology Officers (CTOs), and other industry-leading specialists. These experts have accumulated extensive knowledge and experience from their associations with esteemed companies such as Lenovo, Charles Schwab, and Qualcomm, among others. Their involvement enriches our project with a wealth of industry insights and strategic acumen.
NZTwork is dedicated to executing our projects with exceptional trustworthiness and accountability. The capabilities we have cultivated and the track record we have established underscore why we are the ideal candidate to helm this project:
For more info on our team, check the bios file in our data room link https://nzt.work/go/dataroom
Wide-ranging involvement in companies: Our team members have a solid experience in the world of technology, most notably:
Phillip Kopp:
Nicolas Waern:
WINNIIO are specialists in anything that has to do with built assets, construction, and the whole real-estate lifecycle:
- Experts in how companies can use Context Agnostic Digital Twins
- Experts in understanding how modern tools can be leveraged (5G, AI, VR/AR, Blockchain etc)
- Smart building/Smart City strategies
- Building Automation and Digital IT/IoT/OT transformations
- Industrial IoT and Industry 4.0 Applications
- Streaming Platform Consultancy
- Digital First Real Estate (Modern asset management)
- IoT-Platform strategies (hw/sw/cloud/edge)
Nicholas Lee:
Vince Broyles
Promoting Transparency through Open Code Accessibility: NZTwork is firmly rooted in the principle of transparency, which is reflected in our approach to all operational aspects. Committed to this principle, we ensure our platform's code is openly accessible for review. This provision invites external entities to scrutinize our work, evaluate the quality of our codebase, and thereby form an understanding of our technical competencies and operational capabilities. This heightened transparency is intended to foster trust and bolster confidence in NZTwork, underlining our commitment to technical excellence and operational proficiency.
Financial Accountability and Control:
Robust financial management mechanisms are pivotal to NZTwork's operational blueprint, ensuring funds are managed with absolute integrity. We have incorporated our company in Dubai and are currently in the process of further incorporation in Zug, Switzerland. We pledge to comply with rigorous financial controls and will adhere strictly to industry best practices regarding project budget management, expense tracking, and financial performance reporting. Comprising experienced entrepreneurs, our team brings an extensive repository of knowledge and real-world experience in setting up robust financial governance structures. This unwavering commitment to financial accountability and fiscal responsibility is essential to our operational philosophy.
Fostering Trust through Reputation Enhancement: At NZTwork, we take pride in the reputations that our team members have individually garnered in their respective professional domains, built upon the delivery of high-quality projects and the nurturing of strong relationships with a wide range of clients. With NZTwork, we leverage these achievements to enhance our standing within the carbon credits and energy data markets. Our goal is to drive the organization to new heights while upholding the highest levels of trust and accountability, ensuring our reputation is maintained and consistently enhanced.
Step 1: Establishment of an Exhaustive and Transparent Budgetary Scheme:
Step 2: Instigation of a Stringent Financial Control System:
Step 3: Regularized Financial Reporting:
Step 4: Institutionalization of External Audit Practices:
Step 5: Formulation of a Contingency Reserve:
Step 6: Active Collaboration with Investors and Stakeholders:
Step 7: Adherence to Regulatory Mandates and Ethical Norms:
NZTwork Goals
The NZTwork ecosystem seeks to incentivize humans to decarbonize and create unique carbon assets for corporations to buy. This incentive is facilitated by exchanging environmental measure data (CCT NFTs) on a marketplace and existing Renewable Energy, Carbon Credit, and Carbon Offset markets.
Our goals more specifically include:
We will achieve these goals by:
Crafting Synergy: AI and IoT Fusion
At the heart of NZTwork's mission is to create a friendly platform that harnesses the power of Artificial Intelligence (AI) and the Internet of Things (IoT). By combining these innovative technologies, we aspire to construct a transparent, user-friendly marketplace specifically for trading carbon credits and energy data.
An equally vital ambition of this project is to build a system capable of seamless and secure trading of carbon credits in the form of non-fungible tokens (NFTs) and energy usage datasets. The vision for NZTwork's platform is one free from intermediaries. By intentionally designing the system this way, we can dramatically reduce the risk of price manipulation and hidden fees.
Another key aim of NZTwork's project is implementing IoT for energy management and using AI for careful carbon monitoring and matching. We aim to deliver real-time and accurate energy usage data and validate carbon emissions data. These functionalities aim to assist businesses and governments in making effective decisions, contribute to reducing carbon footprints, and enable more accurate matching of offsets with real-time data, moving away from reliance on out-of-date carbon credit information.
NZTwork is committed to providing tangible proof of concept to substantiate the technical feasibility of our innovative idea. This will entail showcasing the creation of decentralized carbon credits from data derived from renewable energy that's returned to the grid (which our engineers are currently working on). In preparation, we have ordered MetaCloud server nodes and energy usage data meters from Quectel, scheduled for delivery in the latter part of 2023. Additionally, we have received large down payments for presales of our MetaCloud servers, translating to a promising $1.3 million in potential sales. Participation in the Altruist Accelerator Program is also expected to bolster MetaCloud server sales further.
Listening to the User: User Testing and Feedback Collection:
Parallel to our technical proof of concept, NZTwork will conduct rigorous user testing to capture invaluable feedback on the platform's usability and functionality. This process will involve proactively seeking user input, profoundly analyzing their experiences with our platform, and implementing necessary improvements based on their insights.
We have adopted an iterative development process, allowing us to make ongoing improvements based on user feedback, market needs, and the evolving requirements of the Cardano ecosystem. Committing to iterative development ensures that our project remains relevant, adaptive, and continuously validated throughout its lifecycle.
Lastly, NZTwork will undertake a comprehensive market analysis to assess the demand for our solution within the more significant renewable energy sector. By studying market trends, evaluating competitor offerings, and understanding users' needs, we aim to affirm our venture's feasibility and potential success.
By integrating technical validation, user feedback, iterative development, and market analysis, NZTwork aims to create a project that resonates with its mission. This holistic approach will guide our decision-making, optimize the project, and enable us to offer a robust and valuable addition to the Cardano ecosystem.
Milestone 1: Test Minting of CCT NFTs from beta data: The key activities involve generating and assigning unique identifiers to NFTs, executing the minting function in the NFT contract, and verifying the correctness of the minting process.
Expected time to delivery: months 1-2
Expected costs: $20,000
Acceptance criteria: Successfully test minting a predefined set of unique carbon credit NFTs derived from beta data, each unique and correctly attributed.
Milestone 2: Development of wallet application: This step includes designing, coding, and implementing a basic wallet interface allowing users to interact with their digital assets securely and efficiently.
Expected time to delivery: months 2-3
Expected costs: $50,000
Acceptance criteria: An functional and user-friendly app with a successful test of interaction with digital assets.
Milestone 3: Legal and organizational setup: We will set up further legal business entities in Dubai (UAE) and apply for a Dubai cryptocurrency license
Expected time to delivery: months 2-4
Expected costs: $50,000
Acceptance criteria: Completing business entities setup in Dubai (UAE) and receiving a Dubai cryptocurrency license.
Milestone 4: Smart contracts development: This involves coding and developing the token smart contract on the blockchain, establishing rules for token transfers, smart contract functionality, and token creation.
Expected time to delivery: months 3-5
Expected costs: $50,000
Acceptance criteria: Completing the smart contract that includes all rules for token transfers and functionalities.
Milestone 5: Development of the wallet application UX interface: This step includes designing, coding, and implementing a user-friendly UX interface allowing users to interact with their digital assets securely and efficiently. It also requires rigorous testing for usability and security.
Expected time to delivery: months 2-6
Expected costs: $30,000
Acceptance criteria: An functional and user-friendly app with a successful test of interaction with digital assets that are fully secure and user-friendly.
Milestone 6: Rollout of MetaCloud contracts and activation of initial network rewards function: The execution of MetaCloud contracts involves their coding, testing, and deployment on the blockchain. Activating the network rewards function requires setting up the reward distribution mechanism and its activation after verifying correctness.
Expected time to delivery: months 6-8
Expected costs: $100,000
Acceptance criteria: Successful deployment and functioning of MetaCloud contracts, alongside activating the initial rewards function, to incentivize network participation.
Milestone 1: Minting of CCT NFTs from beta data
Output: The deliverable will be the minted CCT NFTs from beta data. An accompanying report will provide details about the minting process, the data used, and the specifications of each NFT.
Milestone 2: Development of the wallet application interface
Output: The main deliverable is a basic and functional digital wallet application, which will be completed with a good UX design in a later stage. Documentation will include a user manual and technical details about the interface.
Milestone 3: Legal and organizational setup
Output: We will establish a legal business entity in an international crypto-friendly hub - Dubai (UAE) where we will also apply for a cryptocurrency license. The strategic location offers advantageous business environments for our project's expansion, attracting future investors and future growth.
Milestone 4: Smart contracts development: This involves coding and developing the token smart contract on the blockchain, establishing rules for token transfers, smart contract functionality, and token creation.
Output: The deliverable is a smart contract that acts as a basis for other functions to be built on top of the smart contract. Detailed reports will be generated outlining test results and improvement plans.
Milestone 5: Development of the wallet application UX interface: This step includes designing, coding, and implementing a user-friendly UX interface allowing users to interact with their digital assets securely and efficiently. It also requires rigorous testing for usability and security.
Output: The deliverable is a working UX user-friendly app that will be functional and integrated with the Cardano blockchain
Milestone 6: Rollout of MetaCloud contracts and activation of initial network rewards function
Output: Deliverables include functioning MetaCloud contracts and an activated rewards function. Documentation will consist of contracts and a description of the rewards mechanism.
TOTAL ESTIMATED BUDGET BREAKDOWN
PART 1:
Seeking Community Support: A Proposal for ADA Tokens
We're proposing a proposal to the Cardano Catalyst community, requesting 250,000 ADA tokens. This figure represents part of the total funding required to bring our project to life and complete it. In this proposal application, we have not factored in several costs which we eventually will make, including marketing, staff salary, market making (token price stabilization), business development (attracting corporate adoption of our decentralized carbon credit NFTs), and other organizational costs.
Catalyst Community Grant: A Vote of Confidence and a Legitimacy Booster
The attainment of this community grant is about more than just the financial resources. Beyond the monetary value, it is a crucial vote of confidence from the Cardano community. This recognition bolsters our project's credibility and strengthens our standing within the Cardano ecosystem.
Further Funding: The Role of an Initial Stakepool Offering (ISPO)
Later this year, we plan to take another significant step toward securing the necessary funding - launching an Initial Stakepool Offering (ISPO) on the Cardano platform. In this ISPO, Cardano stakeholders can delegate their stake to our project's pool. The rewards generated from this pool, accrued as ADA tokens, will act as additional funding to drive our project forward.
A Two-Pronged Funding Strategy: Aligning with the Cardano Community and Securing Resources
Thus, our funding strategy involves two stages: initial grant funding from the community and an ISPO. This two-pronged approach provides the necessary funds and keeps us closely aligned with the Cardano community, fostering collaboration and shared objectives. The resulting funds will provide the financial fuel to power our project to its completion.
PART 2:
Building Momentum: Harnessing Expertise and Entrepreneurial Success
As a combined team of experienced professionals and serial entrepreneurs, our project has gained significant momentum in its early stages. This is evidenced by an impressive $1+ million presale orders for our hardware.
Pioneering Decentralized Carbon Credits: Adopting the Green Blockchain
At the core of our project, we are designing the first-ever decentralized carbon credits generation system within the blockchain ecosystem. We have chosen the Cardano blockchain for its successful pursuit to be the most sustainable/green blockchain.
Broadening the User Base: Connecting Blockchain and Corporate Worlds
Implementing our unique solution will draw many new, likely ten to hundreds of thousands of new users, to the Cardano ecosystem from both the blockchain and corporate worlds.
Strengthening Cardano's Standing: Capitalizing on Non-Fungible Tokens
NZTwork's solution is that our decentralized carbon credits will be minted as Non-Fungible Tokens (NFTs), extending the use-case and adoption of Cardano NFTs. The broader acceptance of Cardano's NFT functionalities will, in turn, strengthen Cardano's standing within the blockchain community.
Embracing Real-World Applications: IoT Initiatives on Cardano Platform
Additionally, our project is one of the first and most expansive Internet of Things (IoT) initiatives to leverage the Cardano platform. The unique aspect of our project lies in its real-world applicability, which is a distinguishing factor in the predominantly crypto-centric blockchain industry.
Innovating Data Generation: The Intersection of IoT and Future AI Tools
Our IoT project isn't limited to hardware; it plays a crucial role in data generation. The energy data harvested from our IoT network forms the foundation for future AI tools, bringing us to the frontier of predictive and prescriptive analytics in the energy sector.
Revolutionizing Energy Sector: Introducing the Energy Data Oracle
We also plan to develop an Energy Data Oracle, a tool that provides real-time, actionable energy insights worldwide. This development could revolutionize energy production and maintenance processes by driving cost efficiency and promoting sustainable practices.
Strengthening Cardano Ecosystem: NZTwork as a Catalyst for Cardano's Adoption and Usability.
In the long run, we foresee our initiatives strengthening the Cardano ecosystem. We stimulate engagement on the Cardano platform by attracting diverse users, from individual IoT hardware owners to corporate entities interested in purchasing carbon credits. This increased engagement increases transactions on Cardano using ADA tokens, thus propelling the adoption and usability of Cardano's native cryptocurrency. As a result, our project embodies innovation and a significant value proposition for the Cardano ecosystem.
Figure: Expected growth over MetaCloud Io3D 'Miners' in units (Y-axis) and time period in months (X-axis)
Figure: Expected growth over Data 'Miners' in units (Y-axis) and time period in months (X-axis)
With Cardano positioned as a sustainable blockchain, adding NZT and the decentralized efficient MetaCloud server cluster provides substantial credibility to maintain and grow Cardano’s position as the most sustainable blockchain project. NZT can offset 100% of Cardano’s emissions with user actions so that its users provide sustainability.
Strong growth of user-base
Given the current landscape of the Cardano ecosystem, it's plausible to hypothesize that a substantial majority, exceeding 95%, of prospective MetaCloud Miner and Data Miner users will represent a fresh new user base within the Cardano ecosystem.
This is based on the observation that decentralized wallets, specifically those aligned with the Cardano platform, have yet to reach widespread adoption, particularly when contrasted with Ethereum Virtual Machine (EVM) wallets like MetaMask, or even those of the Solana. Thus, NZTwork creates a unique opportunity to catalyze a substantial influx of new users into the Cardano ecosystem.
By building on top of Cardano, these potential users, from both the crypto world and new people not previously active in crypto and corporate users, might have considered engaging with a Cardano wallet or utilizing ADA tokens to facilitate transaction fees. Consequently, our initiative is critical in fostering greater user adoption of the Cardano platform.
CEO: Nicolas Waern - Digitalization & Digital Twin Expert
CTO, CEO, Board Member, Thought Leader and Advisor. CEO WINNIIO industrial digitalization consultancy to major global corporations. Metaverse, Digital Twins, AI, Change Management, IoT and Smart Cities & Buildings Strategy Consultant. Co-chair Digital Twin Consortium.
https://www.linkedin.com/in/nicolaswaern/
Education: Bachelor International Business University of St. Gallen (Switzerland) & Yonsei University (South Korea). Master IT Management, University of Gothenburg (Sweden).
CTO: Phillip Kopp - IoT & Wireless Hardware Expert
23 year tech entrepreneur, CEO Conectric Networks, former President Cloudbeds (Softbank Vision Unicorn), Co-Founder Energy Eye (Acquired Somfy Group), funded via California Energy Commission and US DoD. Written 15+ patents.
https://www.linkedin.com/in/phillipkopp/
Education: Bachelor International Business, Finance & Strategic Management, Alliant International University & United States International University
CMO: “X” Xuezhi Hu Marketing & Crypto Expert Co-Creator
Digital marketing consultant, former online domains trader, local SEO course creator and mostly known as a CTR SEO expert. Blockchain/crypto investor, technology & market expert. Environmental activist.
https://www.linkedin.com/in/xuezhihu/
Education: Bachelor Business Economics, Master Investment Analysis, Tilburg University (Netherlands).
VP Production Manager & Director S. Korea Business Unit: Nicholas Lee - IoT & Industrial Manufacturing Expert
Advisor with over 30 years of experience in product development, management, and sales in the industrial, IoT, IT, and security fields for market leaders, including Hyosung and Total Soft Bank,
President of Accessworks (DBA Techsphere)
https://www.linkedin.com/in/nicholas-lee-8355778/
Education: Mechanical Engineering University of Maryland
VP Business Development: Vince Broyles - IoT Blockchain Technologist
Advisor with nearly 30 years experience as a software engineer, analyst, product manager, CTO and VP sales & marketing in defense, telecom, VR, web3 and startups incl. L3, BAE, Raytheon and Qualcomm.
https://www.linkedin.com/in/vincebroyles/
Education: Bachelors in Computer Science, Law and MA Industrial Engineering Management National University.
VP Sustainability & Market Programs: Corban Lester, CEM - Efficiency & Sustainability Expert
Award-winning energy efficiency and sustainability leader with over 17 years’ experience in energy program management for leading organizations including Lockheed Martin, Corporate Energy Manager for Nike, The Green Grid Association, Southern California Edison, National Grid, Energy Trust of Oregon and Ameresco.
https://www.linkedin.com/in/corbanlester/
Director of Operations: Himanshu Shukla
Himanshu has extensive experience as a COO, operations manager, project manager and engineer in the software, banking, finance, telecom and IoT sectors. His experience includes managing international teams across India, Europe and the United States.
https://www.linkedin.com/in/himanshushukla1988/
Education: Electrical, Electronics and Communications Engineering K.I.G.D. Modi Engineering College
Logistics, Industry & Software Business Blockchain Industry & Logistics Vertical Advisor: J.R. Choi
30 Year experience in the Logistics industry-leading digital transformation. Brought blockchain technology to supply chain management, CEO of Tongyang Systems, former CEO of Total Softbank, CEO of Cyberlogitec, IT division of Han Jin Shipping. Founder of TSB, a KOSDAQ-listed leading port terminal software
https://www.linkedin.com/in/j-r-choi-5ba2682/
Education: Ph.D. Logistics at Korea Maritime & Ocean University
Software Industry Veteran Software Scaling Advisor: Alex Ryu
Over 20 years building and leading software companies as CEO, CTO and COO. Proven track record in software platforms at scale, formerly CTO Hotwire (acq’d Microsoft) founder and CEO Opus9, MD USA for Cyberlogitec.
https://www.linkedin.com/in/alex-ryu-78918b44/
Education: Civil Engineering at Pusan National University
Energy Industry Leader Energy Markets Advisor: Peter Kelly-Detwiler
Thought leader and publicist in the energy industry, with 30 years of experience in consumer energy and competitive power markets. Built and Lead the world’s largest demand response portfolio for Constellation New Energy. Author of “The Energy Switch,” making the electric industry understandable, Forbes writer, and many publications.
https://www.linkedin.com/in/peterkellydetwiler/
Education: MALD Economics at Tufts University
CPA Energy & Infrastructure Banker Infrastructure and Carbon Market Banking Advisor: Seth Horn
Investment professional focused on Renewable Energy, Electrical Power, and Traditional & Social Infrastructure with interest in democratizing the monetization of energy savings and circular economy. Active in carbon credit generation projects and carbon credit trading.
https://www.linkedin.com/in/seth-horn-cpa-7a788b2/
Education: Accounting and Finance at Penn State University
Executive Movie Producer Public Media and Marketing Advisor: William Fay
A successful producer and film executive for over 25 years. He was a co-founder of and President of Production at Legendary Pictures, where he was Executive Producer on several films, including the box office hits “Superman Returns,” the Spartan epic “300,” Ben Affleck’s “The Town,” “Clash of the Titans,” and the smash comedy “The Hangover,” which was the highest grossing R-rated comedy ever. Legendary also joined with Warner Bros. to co-produce and co-finance “The Dark Knight” and “Inception;” they were nominated for eight Academy Awards ® each, winning six between them. Prior to Legendary, Fay was Executive Producer on many successful films, including “The Patriot” and the blockbuster “Independence Day,” which at the time of its release was the second-highest-grossing motion picture of all time.
https://variety.com/exec/william-fay/
Web3 and Digital Innovation Ecosystem Advisor: Gregory Griffiths
Founder, Author & Advisor with 20+ year of Global startup leader and entrepreneur, working in web3, crypto, blockchain and ICT business as executive or director. Forbes Technology Council author, Innovation consultant to the Royal office of H.H. Sheik Ahmed Bin Faisal Qassimi, founder and Chairman of IDEAX and UCROWDME, formerly regional and sales director at Spigit, Elcom and Singtel Optus.
https://www.linkedin.com/in/gregjgriffiths/
Education: Strategic Management & Innovation, Copenhagen Business School
XR (AR/VR) and Metaverse Advisor: Vishal Shah
Vishal Shah is the General Manager of XR (AR/VR) and Metaverse at Lenovo. In his role, Vishal has global responsibility for all aspects of Product Management, Sales, Marketing and Operations for the XR/Metaverse group. Formerly VP of Tech Mahindra, Atheer and Qualcomm. https://www.linkedin.com/in/vishalshah/
Education: M.B.A., Kellogg School of Management, Northwestern University, and Master’s in
Computer Science from Pennsylvania State University
Team Culture and Social Good Advisor: Metta World Peace
Metta World Peace is a former NBA Champion turned investor and entrepreneur. Metta has launched several companies, such as XvsX Sports, The Panda’s Friend, SaySo Entertainment, and more. He has a passion for technology and startups and takes the same champion-style approach on the court to the business world.
https://www.artestmanagementgroup.com
Education: Artest University, Los Angeles Lakers
Art Director, Creative Design and Brand Advisor: Chris Lee
Chris Lee is a multiple award-winning creative (including the “Red Dot” award) who managed corporate design and branding for Qualcomm as its Creative Art/Design Director over 20 years. Chris is also known for his role in branding Samsung, SK and Lotte during his early career in Korea. https://www.linkedin.com/in/chris-lee-8865a06/
Education: B.F.A. Graphic Design, Hongik University Seoul, Visual Communication University Hawaii, Honolulu, Web Design and Photography University California San Diego
Humanitarian Innovation Advisor: Kamil Grund
Kamil Grund is a visionary futurist and author who sees the planet and humanity living harmoniously and sustainably. He comes as the founder of the EcoShuMi foundation, a global network of business and political leaders who share his vision for a human-centered planet where technology assists humans but doesn’t define them. He is a partner and lead investor for the Grund family office in Katowice, Poland.
https://www.linkedin.com/in/kamil-grund777/
Venture Architecting Advisor: Finn Scheffmann
Finn Scheffmann is an investor, entrepreneur, advisor and film producer. He is currently a Partner in Onward Ventures, a sustainability and web3-focused venture studio based in Gibraltar and Dubai. His efforts include bringing clean water and renewable energy technologies to market and entertainment projects through NFT productions, web3 gaming and film production.
https://www.linkedin.com/in/finn-s-5b2306b3/
Education: Business, University Southern Denmark
Token Ecosystem Advisor: Ahmed Samer
Ahmed Samer has played a crucial role in assisting clothing, automobile, and gaming companies to create sustainable and effective web3 token and NFT models. Ahmed advises token issuers, exchanges, and investors on token economics, go-to-market strategy, and community building. Ahmed possesses a deep understanding of the technical, economic, and governance aspects of token design.
https://www.linkedin.com/in/ahmed-samer-284996207/
Education: Business informatics, German University, Cairo
Diversity in Technology Leadership Advisor: Menka Goyal
Menka Goyal Technology Leader & Innovator, Founder & CTO at two IoT & AI/ML powered startups. Thought & Action Leader for People Development in Tech, especially for DE&I. Passionate about technology, sustainable living and spirituality in equal measure. The current role spans envisioning & rolling out futuristic tech at a Fortune 500 Financial Services leader.
https://www.linkedin.com/in/menka-goyal/
Education: Electronics & Communications Engineering, National Institute of Technology NIT, India
Communications and Brand Engagement Advisor: Jaime Schwartz
As a Brand Therapist Jaime Schwarz practices product-market fit innovation. Previously Co-Founder & CMO at work automation, behavior betterment, e-learning, digital twin, social media, and web3 startups. Influenced by clinical psychology and environmental activism Jaime is passionate about promoting the platforms that change the world. Previously he was an award-winning creative director. Jaime holds multiple open-metaverse patents, and serves on a non-profit board for a nature-based children's SEL program.
https://www.linkedin.com/in/jaimeschwarz/
Education: Psychology and Philosophy, Colgate University