---
# System prepended metadata

title: 'Product Spec: ClimateConnect'

---

# Product Spec: RegenConnect 

## Background

Regen Network is a pioneering blockchain-based platform focused on ecological restoration and sustainability. The platform's mission is to provide decentralized tools and solutions that incentivize land stewards and stakeholders to engage in sustainable practices, thereby promoting a regenerative global ecosystem. Through the use of its native token, Regen, the network creates a transparent and secure marketplace for buying, selling, and exchanging carbon credits and other ecological assets.

By leveraging blockchain technology, Regen Network aims to foster collaboration among scientists, farmers, landowners, and other stakeholders, creating a shared framework for tracking, verifying, and rewarding ecological improvements. The platform's decentralized nature ensures that data is transparent, secure, and tamper-proof, thus enhancing trust among participants. One of the key goals for this year is to focus on sales, driving growth and expanding the network's reach. As a result, Regen Network is poised to become a significant driving force in the fight against climate change, empowering individuals and organizations to engage in meaningful, measurable, and verifiable ecological restoration projects on a global scale.


## Problem
The carbon credit market, while holding immense potential for mitigating climate change, faces significant challenges in terms of user accessibility and adoption of web3-based technologies. The average user often encounters difficulties in navigating the complex landscape of decentralized platforms and comprehending the technical intricacies involved in web3 tools. As a result, many potential participants are discouraged from entering the carbon credit market, leaving the broader market unable to fully harness the benefits of web3 technologies.

Furthermore, the lack of user-friendly interfaces and the steep learning curve associated with understanding cryptographic keys, addresses, and transaction processes exacerbate these challenges. This situation results in a restricted pool of market participants, limiting the market's growth potential and its ability to drive meaningful impact in addressing climate change. By addressing these obstacles, the carbon credit market could unlock the full potential of web3 technologies, empowering a wider audience to contribute to global sustainability efforts.

### Why do we need to solve this now? Why is this important

It is essential to seize the market while it is still in its early stages rather than waiting for it to mature. By acting proactively and establishing a strong presence in the early stages of the market, Regen Network can gain a competitive advantage, build brand recognition, and develop a loyal customer base. Early market entry also allows Regen Network to shape the development of the industry, setting standards and fostering innovation in carbon credit trading and management.

By offering a comprehensive solution that addresses the challenges faced by the broader market and acting swiftly to capture early market opportunities, Regen Network is well-positioned to become a leader in the carbon credit industry, driving positive environmental impact and contributing to the global fight against climate change.

## Target Market: Integration Partners

Regen Network's marketplace is designed to facilitate carbon credit trading and offsetting, making it an attractive platform for various companies and tech products seeking seamless integration. These potential integration partners recognize the value of collaboration in expanding their offerings, streamlining operations, and reaching a broader audience. The target market for integration partners includes:

1. **Carbon Offsetting Companies**: Organizations specializing in carbon offset projects or providing carbon offsetting solutions are natural partners for Regen Network. By integrating with the platform, these companies can expand their project reach, access a broader customer base, and leverage the secure and transparent infrastructure of Regen Network's blockchain technology.

2. **Carbon Credit Trading Platforms**: Marketplaces and platforms dedicated to trading carbon credits can benefit from integration with Regen Network by accessing a wider range of ecological assets and leveraging the network's transparent and secure transactional capabilities.

3. **Sustainability-Focused Tech Products**: Technology products and services aimed at promoting sustainability, such as carbon footprint calculators or emissions tracking tools, can integrate with Regen Network's marketplace to offer users a seamless experience, enabling them to easily purchase carbon credits and support ecological projects based on their calculated emissions.

4. **Supply Chain and Logistics Companies**: Companies focused on sustainable supply chain management and logistics can integrate with Regen Network's marketplace to facilitate carbon offsetting for their clients, helping them achieve carbon neutrality and improve their environmental performance.

5. **Environmental Consultancies**: Consultancies offering sustainability and environmental management services can integrate with Regen Network to provide their clients with a comprehensive solution for purchasing and managing carbon credits, further enhancing their service offerings.

By targeting these segments, Regen Network can establish strong partnerships, driving growth and expanding the reach and impact of its carbon credit marketplace.


## Goals

A primary goal for Regen Network is to tap into the broader non-web3 carbon market, making its platform and services accessible to a wider range of potential users and partners. By simplifying the user experience and addressing the challenges associated with web3 technologies, Regen Network can foster wider adoption and participation in carbon credit trading and offsetting.

Another crucial goal is to establish partnerships with organizations that sell carbon credits but do not hold carbon credits themselves. These strategic partnerships can serve as a mutually beneficial arrangement, enabling Regen Network to increase sales while providing partners with a reliable source of carbon credits to meet their customers' demands. By working closely with such partners, Regen Network can expand its market reach, enhance its brand recognition, and contribute to the overall growth and impact of the carbon credit market in the fight against climate change.


| Success Metric               | Description                                                                                                          | Signal                                                                                     |
| ---------------------------- | -------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------ |
| Increased Sales              | A measurable increase in carbon credit sales, indicating a growing customer base and successful market penetration.   | Growth in sales revenue, number of transactions, and volume of carbon credits sold.        |
| Broader Market Access        | Expansion of Regen Network's presence in the non-web3 carbon market, attracting new users and fostering adoption.   | Increase in non-web3 user sign-ups, participation rates, and diversity of market segments. |
| Partner Integrations         | A growing number of successful integrations with partner organizations, leading to increased sales and collaboration.| Higher number of integrated partners, joint marketing efforts, and collaborative projects. |

# Solution Proposal

We propose to build ClimateConnect an API designed for developers to access web3 carbon token markets through an easy to use Web2 oriented API focused on excelent developer experience and ease of integration.



## Solution: Key Features and Scope

ClimateConnect is a solution designed to simplify access to the carbon credit market for users who find web3-based technologies challenging to navigate. The project aims to provide an easy-to-use API and Web2 interface for seamless carbon credit purchases. To enhance the user experience, there are two main challenges to address:

1. Abstracting away the necessity for users to have a wallet and sign transactions, making it more accessible for those unfamiliar with web3 technologies.
2. Finding a way to provide a credit card or similar experience for users to purchase carbon credits, ensuring a smooth and familiar process for a wider audience.

By tackling these challenges, ClimateConnect seeks to create a more user-friendly platform, broadening market access and encouraging greater participation in the carbon credit market.

### 1. Custodial Service
The Custodial Service is designed to abstract away web3 concepts and manage them on behalf of the user. This service handles all Regen Network transactions by holding the keys itself, simplifying the user experience and allowing them to interact with the platform without needing to understand complex blockchain transactions and cryptography.

### Liquid Regen
Addressing point 2, simplifying the funding and access of web3-based tokens is crucial. 

Liquid Regen is a possible solution that facilitates the interaction between traditional finance and digital assets by holding and managing assets such as Regen tokens or USDC. Its primary function is to provide liquidity, enabling users to conduct transactions with traditional credit cards or deposit money into bank accounts. Upon the completion of a transaction, the service calculates the equivalent value in USDC and assigns it to the user's Regen address within the custodial system. This feature makes the integration of blockchain-based solutions into everyday financial activities more accessible for individuals and businesses alike.

It has 2 components
1. A Pool of funds on a Regen Adress (i.e. USDC)
2. A PayGate(i.e. Stripe)

### 3. API and Web2 Interface
Regen Network provides an API and a user-friendly Web2 interface that allows for the seamless purchase of carbon credits. By utilizing the Custodial Service and Liquid Regen, users can easily buy carbon credits through this interface without having to understand the complexities of web3 technologies. This feature further enhances the accessibility of the platform and promotes broader adoption of carbon credit trading and offsetting.


The way it simplifies the funding proses is by not requiring third parties or lengthly process to buy token and helps hiding the whole process. 
For example a carbon credit purchase may look this way

![Carbon Credit Purchase example](https://hackmd.io/_uploads/rJ9GhSiM2.png)







