<aside> 🌿 TL;DR: Peregrino is a novel framework for biodiversity finance assets backed by real-world behavior patterns like animal migration.
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An Ordo Felidae serious yet playful experiment. Wink Wink: If you are curious, hit us up, we are looking to expand the fam.
In their report on “Financing Nature”, the Paulson Institute found an average gap of $711 billion per year in biodiversity financing. Peregrino addresses this insufficient funding for biodiversity and the lack of financial incentives for stakeholders to engage in these efforts by creating a direct funding opportunity backed by scientific data and research findings.
By enabling the possibility of tokenizing this data, Peregrino involves the scientists who generate public reports and datasets of animal behavior that can be tokenized, alongside the conservation organizations that they work with which are affected by the financing nature gap and the local communities that can benefit from supporting conservation efforts by serving as local monitors, and finally, investors who access this new asset class for RWAs.
Biodiversity and habitat loss pose existential threats to ecosystems, wildlife, and human well-being, urgently calling for innovative solutions to mobilize substantial financial resources to support conservation efforts. Peregrino's new asset class will unlock new funding streams for conservation, contributing to the preservation of biodiversity on a large scale.
Phase 1) Tokenization of Animal Migration Patterns
The process starts by curating data sets from public scientific research archives, moving on to training a model for pattern and anomaly recognition in these data set(s), and finally using these outputs to generate NFTs based on visualizations created from the data finds. A standardization process will follow this, to make it seamless for researchers to be able to upload and tokenize their data.
Our goal is to have a model that can process the +10 billion data points in Movebank’s open database of +8k studies on animal tracking providing a new form of retroactive public goods funding (RPGF) and evergreen funding for research institutions and related conservation efforts.
Phase 2) Live Tokenization of Animal Behavior (TBD)
Expanding on phase one, we plan to field test a financial incentives model.