# Overview ***Igniting the Nature Backed Economy*** is a regenerative finance hackathon - aiming to bring advancements to land based DAOs, community land trusts, and other forms of commons governed or built on-chain in the Ethereum ecosystem. The hackathon will offer a chance for builders to create tools for land based DAOs and community projects leveraging technology to access, govern, and regenerate commons. ## *Where to join* Join the Conversation https://t.me/hackrefi Hosted in person at [Traditional Dream Factory (TDF)](https://www.traditionaldreamfactory.com/events/regenerative-futures-igniting-the-nature-backed-ec), and remotely right here! # **Rules and Conditions** By competing in the hackathon it means that you have read all of our code of conduct, rules and conditions available here https://hackrefi.org/about/index.htm and agree with them. # **Submissions** Teams are able to join the hackathon anytime and submit a project until June 14th. The Jury will deliberate and announce the winners on Saturday 15th. # **Eligibility criteria** - Must use web3 technology in some way (blockchains, decentralized compute- storage, NFTs, tokens, etc.) - Must be regenerative https://blog.toucan.earth/what-is-refi-regenerative-finance/ - Project should aim to drive adoption of web3 based approaches to governance and access in land based projects. - Project should aim to drive [Ecological Benefits](https://www.thelexicon.org/?ref=hackrefi) - Project must be submitted by the submission date. - Alterations after the submission date will not be considered - Project codebase must be usable and open source - Projects and their codebase must not be started before June 7th and no updates after June 14th. - Projects must have a pitch video of maximum of 5 minutes. # **Judging criteria** - Value Add (20%): How major is the project's value add - Project Uniqueness (15%): How unique is the project - Business Model (15%): The effectiveness of the project's business model - Impact Potential (15%): Size of potential impact and increase in regenerative economy - Legal Concerns (15%): How could law hinder this project and how is it being addressed - Circularity (10%) How this project builds towards circularity. - Video (10%) Projects must have a pitch video of maximum of 5 minutes. # **Judging Form** This is the form that judges will use to rate projects. https://forms.gle/xMyjzyQH2jf6ZvXv6 # **Specific Bounties** Bounties can continue to be worked on post hackathon. - Functional Land Based DAOs Index Token - 4 $TDF tokens* + 0.5 ETH - Real World Access with [Halo Chip](https://arx.org) integration for check in on [Proof of Presence (Smart Contract)](https://github.com/closerdao/proof-of-presence) - 4 $TDF tokens*, Halo chips generously sponsored by [ARX](https://arx.org/). - Proof of Presence Smart Contract on Inverter ($2000 in $OP + 2 $TDF tokens* ) - Hack leveraging Inverter SDK ($1000 in $OP) - POC Regen Score for regenerative villages - making use of open data such as OFP - 10 TDF Carrots - Ecosystem map upgrades and bringing on live data from the land based DAOs on [Agartha](https://www.agartha.one) (10 TDF Carrots*) - Deploying a new land based DAO on Closer and leveraging Q protocol for DAO oversight: 10 000 Q tokens # **Overall Prizes** Our sponsors at Traditional Dream Factory, Ma Earth, Inverter and more are excited to deliver a series of prizes to teams building out the regenerative economy. *Want to add your org/bounty/reward here? email sam@closer.earth* #### 1st Place 50 TDF Carrots* (est. 1500€) + 0.5 ETH (~1500€) Interview and press #### 2nd Place 20 TDF Carrots* (est. 600€) #### 3rd Place 10 TDF Carrots* (est. 300€) Follow up prize: for teams that will continue work on their hacks (* gives accommodation rights at Traditional Dream Factory, a web3 enabled regenerative village in Portugal. $TDF are perennials, Carrots are annuals.). **Total rewards pool value: 15k€+ equivalent** # Hackathon Schedule https://calendar.google.com/calendar/u/1?cid=NjgxNzAxZjE1Y2QyNTkxOGE4OWIxNDFlNmNmMzU3OGU0MDEyNDdlZGZmYjU5NWMxMGZhYzJiZjcwYWE0NmM2ZUBncm91cC5jYWxlbmRhci5nb29nbGUuY29t