Open Forest Protocol partners with Ecorise DAO for transparent land conservation and regeneration
Total Natural Land Locked meets Total Hectares Locked
Ecorise is a foundation operated via its DAO (Decentralized Autonomous Organization) that promotes and drives regenerative land use. Built on Solana, the DAO accrues Payment for Ecosystem Services (PES) through conservation and sustainable development of land locked as assets in their DAO vault. Ecorise pools land by connecting with landowners who agree to conserve, protect or regenerate their land. Lands are locked in the DAO vault using NFTs and their “Natural Capital” value, including PES, is represented on-chain through ECO token. Landowners interested in forestation as a means to conservatively or regeneratively use their lands will need robust measurement, reporting, and verification (MRV) services.
OFP is partnering with Ecorise DAO to provide a transparent, decentralized, and highly scalable MRV platform for landowners with assets in the Ecorise DAO vault interested in or involved with forestation projects. These landowners will be onboarded as project operators within the OFP network, will be able to access carbon financing opportunities, and count towards OFP’s Total Hectares Locked (THL) value. The partnership will also lead to DAO-to-DAO coordination between OFP and Ecorise DAO to acquire land for forestation and carbon accreditation on OFP.