ReFi (Regenerative Finance)
ReFi represents a paradigm shift in finance that aims to regenerate rather than extract value from natural and social systems. It uses blockchain technology and crypto-economic mechanisms to incentivize environmental and social benefits.
Key Concepts
- Natural Capital - Valuing ecosystem services
- Impact Verification - Measuring and validating positive impacts
- Token Economics - Designing incentives for regenerative outcomes
- Community Governance - Decentralized decision-making
Common Mechanisms
ReFi projects often utilize:
- Eco Credits & Impact Certificates
- Community Currencies
- Decentralized Finance (DeFi) Protocols
Applications in Local Blooms
ReFi can support Local Bloom initiatives through:
- Funding for regenerative projects
- Rewards for verified positive impacts
- Local economic systems development
- Community-owned infrastructure