ReFi DAO

Our story We emerged in January 2022 as an online community of entrepreneurs exploring how to solve climate change using the most powerful tools of our time: Public ledgers, artificial intelligence, remote sensing, open data and open science. Over the course of our first year, our understanding of the climate crisis expanded as we realized the interconnectedness of the systemic challenges our society faces. The ‘ESG’ pillars of the UN SDGs are symptoms of a deeper underlying crisis. The story of separation The human story that got us here is no longer serving our needs. This residing human story is rooted in an underlying belief that we are separate from each other and the earth. The capitalist economy, consumer culture and derisive political system emerges from this story. The story of regeneration The human story that will enable us to reach the Paris targets is the story of regeneration. We are not separate from each other or from the earth. We are at the same time an individual and a whole. The regenerative economy, gift culture and integrated political system emerges from this story. A network state to regenerate the earth Balaji describes a network state as: … a highly aligned online community with a capacity for collective action that crowdfunds territory around the world and eventually gains diplomatic recognition from pre-existing states. Extending Balaji’s definition with our own terminology and goals, we are: An online community taking collective action through local nodes that crowdfund land and other real-world assets with a goal to become a recognized nation at COP-33 with over 1M citizens and $1B under management. The Four Pillars In light of this ambition, ReFi DAO has designed four core pillars, each with a different function: Online Community Culture Studio Local Nodes Venture Studio Below we will introduce each pillar, its function and its relationship to the network as a whole. But before going into any detail on the pillars, it’s important to lay out our theory of change as the core hypothesis for ReFi DAO as an emerging startup society.