Solid World: DeFi Platform For Climate

    Solid World Investment

    Tasks

    Solid World is a DeFi platform that allows climate project developers to access working capital and carbon credit buyers to access quality supply at market rates.

    Solid world Scheme
    source: https://www.solid.world/

    Current problems of the voluntary carbon market:

    • Carbon projects face challenges accessing liquidity, which prevents them from scaling up their operations.
    • The carbon market is fragmented and opaque, which makes it difficult for suppliers to meet demand and find the right organizations to finance them.

    Solutions:

    • Solid World enables carbon projects to sell forward credits at a discount, bridging the funding gap and enabling them to thrive.
    • CRISP framework provides a standardized way to assess the risks of carbon projects, empowering all industry stakeholders to make informed decisions.
    • Solid World connects carbon projects with potential buyers.

    Offer for Suppliers

    DeFi platform allows carbon project suppliers to access working capital by forward-selling their carbon credits.

    There are several benefits to using Solid World for early financing:

    • Suppliers can access working capital even before their carbon credits are certified during the project development or registration phase.
    • Suppliers make decisions by themselves about selling carbon credits in the desired quantities as long as the price is attractive.
    • The DeFi platform reduces or eliminates the need for additional administrative inquiries by providing comprehensive project information and a transparent evaluation process.
    • DeFi platform attracts more investors because of the ability to buy and sell carbon credits in a transparent and regulated way.

    To access working capital, suppliers need to follow these steps:

    1. Submit their carbon project to Solid World’s team.
    2. Go through the CRISP scoring process and Curation Council approval.
    3. Onboard and tokenize their carbon project. Each token represents a promise to deliver one carbon credit in the future.
    4. Start stream selling their forward credits to Solid World’s pools.

    Offer for Buyerss

    Benefits:

    • High-quality inventory: Solid World only lists carbon credits that have undergone a rigorous evaluation process. This ensures that the credits meet the highest standards of quality and authenticity.
    • Transparent pricing: Buyers can easily calculate the deal price before making a purchase. This transparency enables distributors to negotiate contracts and pricing with confidence.
    • Stream buying: Buyerss can purchase carbon credits in the exact quantities required 24/7.
    • Publicly available CRISP reports and contracts: All CRISP reports and underlying signed contracts for the listed projects are made publicly available.

    Project buying process:

    1. Go to the project page on the Solid World platform.
    2. Connect your wallet.
    3. Select the project tokens you want to buy.
    4. Pay for the tokens using the CRISP-scored pool token.

    Solid World allows buyers of forward carbon credits to take their credits off-chain. To initiate this process, buyers need to contact Solid World and request to take their credits off-chain. Solid World will then burn the project tokens and notify the supplier of the contract transfer. The supplier will then deliver the carbon credits to the buyer off-chain.