The Kokonut Foundation is on a mission to address the pervasive issue of unstable funding sources for organizations dedicated to serving their communities. The struggle for sustainable financial support hampers these entities' operations and jeopardizes the essential services they provide to vulnerable populations. With over 60% of non-profit organizations citing securing adequate funding as their most significant challenge.
The Kokonut Foundation aims to tackle this challenge head-on by leveraging the innovative Kokonut Framework to create Purpose-based Natural Assets, offering a sustainable solution that promises not only to alleviate financial pressures but also to foster a brighter future for communities around the globe.
Our proposed solution involves creating Perpetual Nature Assets powered by trees leveraging the Kokonut Framework, establishing a repeatable and scalable positive value flywheel. By harnessing the potential of natural assets, we seek to break free from the cycle of unpredictable financial support and ensure reliable access to resources for vital projects and services.
Perpetual Public Goods Funding Flywheel diagram for viewer experience; Direct URL
In pursuit of our goals, we seek seed funding to cover operational expenses for establishing the local entity and registering the Foundation, creating the Blockchain layer, and executing proposed actions. This initial investment will lay the groundwork for our ambitious 24-month plan to establish a robust anti-capture structure, integrate decentralized governance, form partnerships with NGOs, and launch pilot projects.
With your support, the Kokonut Foundation is poised to make a meaningful impact by creating sustainable funding streams and empowering communities worldwide.
In communities across the globe, the quest for sustainable funding sources to support vital projects and initiatives is an ongoing challenge. This struggle is particularly acute for organizations that rely heavily on external financial support, such as third-party investments, grants, and donations. Without a stable source of funding, these entities face significant hurdles in extending their operational runway or bringing new ideas to fruition. The impact of this financial instability is far-reaching, affecting not only the organizations themselves, but also the communities they serve.
By creating a self-sustaining mechanism, we can ensure that vital projects and services are no longer at the mercy of fluctuating funding sources. This solution aligns with our mission to empower communities and organizations by providing them with reliable access to resources, ultimately fostering resilience and progress in areas where it is most needed.
Our primary goal is to establish a robust anti-capture hybrid structure within a 24-month timeframe, integrating decentralized governance and traditional organizational elements to support the creation of Purpose-based Natural Assets. This structure will enable us to initiate and sustain collaborations with Local and Global NGOs, fostering both the web3 ecosystem and local community development.
Expected Outcomes
The evaluation of our project’s success will be multifaceted, reflecting the diverse layers of our initiatives and the unique partnerships involved.
The blockchain layer evaluation will be performed by the Community-run DAO for the sake of transparency. The success metric could be based on how many Niche Community Initiatives are being funded and how this value is providing growth to the ecosystem. This approach ensures that our governance structure remains decentralized, aligning with our commitment to transparency and community involvement.
On the real-world layer, evaluation will be conducted by Local & Global NGOs that are part of the purpose-based projects. These organizations bring subject-matter expertise in their respective areas and have established frameworks to verify success. Their insights will provide valuable feedback on the tangible impacts of our initiatives, ensuring that our efforts align with real-world needs and priorities.
By leveraging these distinct evaluation mechanisms, we aim to gain a holistic understanding of our project’s impact.
Connect with your self-custody wallet
Connecting...