Whereas ReFi summer has to some extent been thwarted by the rather gloomy atmosphere in the crypto space since the stablecoin crash, this does not mean that progress has stagnated. In fact, a great amount of new initiatives have been launched and have been working all summer. One that stands out is the MRV Collective.
The MRV Collective is a group of organisations and companies who are convinced that digital MRV (Measurement, Reporting and Verification) is essential to drive investments in the direction of nature-based solutions. This brings together a lot of organisations from the web3 / ReFi space and beyond. The idea is that in order to assign financial value to nature services, we first need to be able to measure them, which is why the collective works with various stakeholders in the field. In addition to the MRV Collective being a platform for all these actors, they are actually working towards an open protocol, thus showcasing and harnessing the power of collaboration.
SimplexDNA is proud to be part of this endeavour. We are a member of the dMRV roundtable and MRV museum since late June and have been a member of the MRV founders’ circle (part of ReFi DAO’s founder circles). It is an amazing opportunity to learn from experienced entrepreneurs and to establish the role eDNA and SimplexDNA can play in that space. The MRV collective, as well as SimplexDNA, are a member of the TNFD’s Data Catalyst - a place where news and progress updates about digital MRV solutions converge.