Open Forest Protocol Project Introduction, Team, Financing and News

Performances

RD Popularity Index

3525.00% (24h)

0100200300400500

Project Rank: 1586/15432

RD Growth Index

1541.18% (24h)

0400800120016002000

Project Rank: 3628/15432

Comparison

Team

Frederic Fournier

Co-Founder & CEO

Jeremy Epstein

Head of Growth

Fundraising

SShima Capital NNEAR Protocol BBig Brain Holdings VValor Capital Group NNot Boring Capital GGS Futures BByzantineMarine MMercy Corps Ventures

ÜÜbermorgen Ventures

BBackBone Ventures

BBloom Foundation

FFoundation Valery

Round	Amount	Valuation	Date	Source	Investor
Seed	--	--	Sep 13, 2024	--	NNEAR Protocol GGS FuturesÜÜbermorgen VenturesBBackBone VenturesBBloom FoundationFFoundation Valery
Seed	$ 4.09M	--	Jan 11, 2023	--	SShima Capital BBig Brain Holdings NNot Boring Capital MMercy Corps Ventures VValor Capital Group BByzantineMarineÜÜbermorgen Ventures

Related News

Sep 13, 2024

The carbon-neutral blockchain platform Open Forest Protocol has completed its seed round financing, led by Übermorgen Ventures.

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About Open Forest Protocol

Details

Open Forest Protocol (OFP) is a blockchain-based forest carbon credit verification and issuance protocol designed to replace traditional centralized audit processes. It uses a decentralized validator network to vote on forest monitoring data uploaded by project developers, with all data publicly accessible, enhancing the credibility and transparency of carbon credits. Project developers use the platform to register land, submit periodic ground monitoring data, and validators use OPN tokens to participate in decisions. If the majority of validators agree, the data is approved and carbon credits can be issued. This mechanism lowers verification barriers for small and medium-sized projects and supports afforestation, reforestation, and agroforestry types.

Tags:

ReFi

Environmental Solutions

Ecosystem(1):

Near

Founded:

2021

Location:

Switzerland, United States

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