Kent Babin
@kentb
Why should anyone care about ReFi? 1) For those of us in crypto, it's an opportunity to promote a positive narrative to skeptics; a way to demonstrate how crypto is doing good in the world. 2) It's creating new ways to invest in sustainability and regeneration. Last I checked, sustainable investment options were pretty grim. ReFi projects are building those options for crypto natives. They may not offer the 10,000x potential of memecoins, but the chances of getting rekt are also a lot lower. 3) It's filling the grassroots funding gap. Something like 97% of all funding to African NGOs passes through Global North NGOs first. A classic rent-seeking scenario that has been a foundational part of the crypto narrative since day 1. We have the tools to cut out the intermediaries. Now we just have to do it. 4) We need frameworks to accurately value nature. This isn't specific to Web3 or ReFi, even, but why not us? Why not an industry that has staked its reputation on creating new value mechanisms?
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Wasabi 🥥🌴
@wasabi
https://x.com/KokonutNetwork/status/1843262509492404627
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