Impact Ledger
Last updated
Last updated
Ohana Dao Is Decicated to the creation of a decentrailized application, "Impact Ledger". "Impact Ledger" is a Lukso-based decentralized application that aims to quantify and track the positive social and environmental impact generated by NFTs and social inter actions across blockchains.
This application will scan for nfts linked to quantifiable real-world actions, such as CO2 emissions retired or trees planted or other onchain actions, the dApp provides a transparent and verifiable way to measure and showcase the impact generated by taking certain actions or holding certain nfts.
The core feature of Impact Ledger is the creation of a social impact score or “on-chain impact reputation” associated with a user’s profile or wallet. This score aggregates the impact data linked to the NFTs held or actions within that profile, offering a tangible representation of an individual's contribution to positive change through their digital actions.
Benefits:
Social Impact Score(Reputation) Creation:
Transparency: Impact Ledger provides a transparent and verifiable way to track the real-world impact of NFTs and LSPs. Allowing user to show and view a universal profiles impact.
Engagement: Empowers individuals to showcase their contributions to positive change through their digital asset holdings.
Data-Driven Insights: Generates valuable data based on impact, informing future development and investment decisions, even creating new forms of governance based on Social Impact.
Milestone for Impact ledger will be based around a working Minimum viable product. Development of Initial Dapp and asset scanner: Mvp
Completion of asset/transaction scanner
Development of front end for impact reports
Completion of a impact points system
Social Impact Score(Reputation): Calculation and display of a social impact score “reputation” for each Universal Profile
The score aggregates the impact data associated with the NFTs held within the profile.
Visual representation of the score to showcase the positive impact generated
Impact Registry:
A curated list of referenced actions(ie; donations, early adopting, staking or voting) and NFTs, each associated with specific real-world impact metrics.
Clear documentation of the impact created by each NFT or LSP, including data sources and verification methods.
Impact Tracking:
Real-time logging of impact data as NFTs are minted, transferred, or burned.
Secure and transparent storage of impact data on the Lukso blockchain.
Social Impact Score(Reputation):
Calculation and display of a social impact score “reputation” for each Universal Profile.
The score aggregates the impact data associated with the NFTs held within the profile.
Visual representation of the score to showcase the positive impact generated
Benefits:
Transparency: Impact Ledger provides a transparent and verifiable way to track the real-world impact of NFTs and LSPs.
Engagement: Empowers individuals to showcase their contributions to positive change through their digital asset holdings.
Data-Driven Insights: Generates valuable data based on impact, informing future development and investment decisions, even creating new forms of governance based on Social Impact.
Milestone for Impact ledger will be based around a working Minimum viable product. Development of Initial Dapp and asset scanner: Mvp
Completion of asset/transaction scanner scanner
Development of smart Impact ledger smart contract
Smart Contracts:
Utilize Lukso LSPs (e.g., LSP7/LSP8 for NFTs, LSP3, Universal Profile) to interact with and manage the relevant digital assets and identities.
Develop smart contracts to:
Store impact data associated with NFTs and LSPs.
Calculate and update social impact scores for Universal Profiles.
Facilitate the linking of impact data to NFTs and LSPs.
Frontend Development:
Universal profile login,
Enable users to easily view and understand the impact generated by their digital asset holdings.
Create a user-friendly interface to showcase impact data, social impact scores, and referenced NFTs/LSPs.
