The problem Karbonomy Hub solves

1. Our mission

• Form a vibrant carbon credit ecosystem with scalability and engagements, specially community-owned.
• Tokenized carbon credits help to grow the voluntary carbon market in a transparent and high-integrity way.
• The support center for building DApp about protecting environment.
• Web3 School about protecting the earth.

2. Main feature

• Company can build carbon project(like building forest), company submit infomation of carbon project. The Karbonomy CPV System will verify that carbon project (decentrialized verify). If success, carbon project will be converted to Carbon Project Certificate - NFT.
• With Carbon Project Certificate - NFT, company can list them at the marketplace. Another company can buy, sell, aution, early bird,… If company don’t want to list at marketplace. Company can sharding Carbon Project Certificate - NFT. Sharding is feature which convert Carbon Project Certificate - NFT into Carbon Credit Token - Fungible Token. Company can use Carbon Credit Token to provide liquidity for Karbonomy Dex and get many benefit.
• Normal users, who don’t have carbon project. But they still want to hold Carbon Credit Token like an asset and hope it will be high price at the future. They can go to Karbonomy Dex and buy Carbon Credit Token.
• Users who hold Carbon Credit Token can join Karbonomy Dao and get many benifit like metaverse, web3school. Specially, web3school will have many module about protecting the earth, 4.0 finance and web3 knowledge.
• For builders, we have Karbonomy Scaffolding which support for builders to create Dapp. Karbonomy Scaffolding supports API connect Near BOS and Nocode Component

Challenges we ran into

1. Knowledge about carbon credit domain

The domain of carbon credits is relatively novel, not widely recognized yet, and entails a range of specialized insights that programmers need to invest time in understanding. Additionally, integrating web3 technology into this field adds an entirely innovative dimension, making the process of conceptualizing ideas quite challenging. However, after delving into various information sources and engaging in discussions within the team, we've managed to grasp the essence of this domain and
have unearthed numerous fresh concepts while leveraging web3.

Here is some resource about carbon credit

• https://carboncredits.com/the-ultimate-guide-to-understanding-carbon-credits/
• https://www.energymonitor.ai/carbon-markets/non-fungible-trees-web3s-new-carbon-market/?cf-view
• https://limechain.tech/blog/what-are-tokenized-carbon-credits/

2. Knowledge about blockchain

Our project is aimed at developing a comprehensive ecosystem focused on carbon credits and protecting enviroment. As a result, we have made the decision to construct a dedicated blockchain network and integrate various DApps onto it. We have chosen Substrate technology for our blockchain development, utilizing Ink! and Rust for crafting smart contracts, along with frontend technologies like ReactJS, PolkadotJS, and Near BOS for building Dapp. The breadth of knowledge required is substantial for us. However, through participation in VBI courses, we are gradually grasping these concepts and are able to apply them to the realization of our project.