Reverse supports initiatives in multiple ways. It supports both for-profit and non-profit models of operation.
Reverse can use its treasury [with the guidance of its active community] to invest or partner with green-tech, Web3 projects. Each project is selected by the community. If the project investment proves successful, the community will discuss and vote on how to distribute those returns. Examples include direct return to wallet holders, philanthropic initiatives, airdrops, rolling over to bigger projects, etc.
“The next 1,000 unicorns — companies that have a market valuation over a billion dollars — won’t be a search engine, won’t be a media company, they’ll be businesses developing green [climate tech].” — Larry Fink, the CEO and Chairman of Blackrock
The Reverse DAO utilizes a portion of its fundraise profits to donate to grassroots community projects, prioritizing climate restoration projects.
<aside> 🌱 At Reverse, we believe a key element of creating a more environmentally aware, sustainable society is through sensitizing local-scale communities and reconnecting them with nature and its ecosystems.
We are planting seeds that will grow into forests.
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Here's an example:
A local student is awarded money for ‘bee bombs’. The school plants a local biome to cultivate native biodiversity and pollinators, and the student educates the school on the the importance of ecology (pollinators being a critical part of the natural cycle).
Learn more about our non-profit grants here in Philanthropic Grants