Breaking the Spell of Capital: An Ecosophic Diagnosis Indeed, this portfolio of creative and sustainable initiatives will constitute a unique opportunity to invest in an expressive and self-amplifying wealth system for the Value Conscious Economic Sector (VCES) (philanthropic foundations, enlightened sponsors, social entrepreneurs, etc.)Ģ. We believe that this plural ecosystem of economic spaces powered by cryptocurrencies with embedded governance capacities will act as an emergent investment attractor that has the potential to bring systemic change in climate-finance by accelerating institutional innovation for prototyping entrepreneurial creation of Zero Degree economies. ![]() The idea is to foster an ecosystem of sustainable practices and values that processually integrates within its realm the externalities embodied in climate change, externalities that are currently not recognized in capital formation. The Initial Ecosystem Offering is a value preserving arrangement for co-evolving and implementing shared vision for cooling off capital. To this end, our Zero Degree Collaborator (Z-Collaborator) is set to launch an Initial Ecosystem Offering (IEO) bringing together different curated economic initiatives (or “rafts”). We believe that ever-growing segments of the population are deeply interested in investing their time, their creative appetites and their capital in portfolios and ventures that are collaborative rather than competitive, towards sustainability (Zero Degree) and equality (meritorious and open networks). Each economic space initiative is being developed to be a Zero Degree eco-sustainable economy in its own unique, local and mutually benefiting way. It currently includes the World Collaborative for Transformative Community (WCTC, a Stanford/Palo Alto based umbrella 501(c)3 for building bottom-up transformative infrastructure) the LEMO Foundation, the Ahupua’a Ecosystem Stewardship Initiative (AeSI, Hawaii), the Global Center for Advanced Studies (GCAS), along with the SenseLab (Concordia University, Montreal), RSF Social Finance, and Waldorf Community. The Zero Degree Project for Cooling Off Capital is open to different forms of collaboration. ![]() A Zero Degree economy is one where the economic practices do not contribute to increasing climate temperature any further than the present state. prototyping crypto-scalable commons and other types of eco-sustainable economic practices building toward a Zero Degree Economy. researching and developing new models for financial innovation using distributed virtual ledger technologies and cryptoeconomic affordances 2. Its aim is to explore innovative, practical ways of meeting the climate change challenge by: 1. The Zero Degree Project for Cooling Off Capital is a joint initiative led by the Kozmetsky Global Collaboratory (KGC) at Stanford and the Economic Space Foundation (ECSF).
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