REC

AdZealousideal3461

Hmm interesting! is this is in the law then which law? US SEC or EU REC or any global Fin Agreement! Ohh It would be shame OP is stealing the content!

coinfeeds-bot

tldr; Europe's first Bitcoin exchange-traded fund (ETF) has been launched by Jacobi Asset Management. The Jacobi FT Wilshire Bitcoin ETF is now live on Euronext Amsterdam, trading under the ticker BCOIN. The fund charges a 1.5% annual management fee and aims to provide institutional investors with a simple, secure, and transparent way to access Bitcoin while addressing their sustainability requirements. It is also the first decarbonized digital asset fund compliant with Article 8 of the European Sustainable Finance Disclosure Regulation (SFDR). The fund has partnered with Zumo to implement a verifiable Renewable Energy Certificate (REC) solution, allowing investors to deal in Bitcoin while meeting their Environmental, Social, and Governance (ESG) objectives. The launch of this ETF puts European investors ahead of their American counterparts, as the US Securities and Exchange Commission (SEC) has repeatedly rejected or postponed Bitcoin ETF applications. However, there is renewed hope for a Bitcoin ETF in the US, as new applications have been submitted to the SEC by BlackRock, Fidelity, Valkyrie, and Invesco, among others. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

basic_user321

_The asset manager has added a verifiable Renewable Energy Certificate (REC) to the ETF, developed in collaboration with digital asset platform Zumo._ It would be interesting to see some of those sertificates or the data that it is verified on. I haveneverheard of this. _Proof of these RECs is digitally logged on a blockchain, allowing ETF investors to verify the eco-friendly assertions._ This is also very interesting and most likely centralized.

coinfeeds-bot

tldr; Europe’s first spot bitcoin ETF, the Jacobi FT Wilshire Bitcoin ETF, is launching on Euronext Amsterdam. The ETF is green-friendly and aligns with the EU's sustainable finance guidelines. It has been over a year since the originally planned debut of the ETF. The fund includes a verifiable Renewable Energy Certificate (REC) developed in collaboration with Zumo. The ETF's custodial duties are handled by Fidelity Digital Assets, and market making is done by Flow Traders. The fund's reference is the FT Wilshire Bitcoin Blended Price Index. This spot bitcoin ETF allows investors to tap into bitcoin's price without directly buying or handling the cryptocurrency. Europe is moving ahead of the US in opening up bitcoin investing for institutional investors. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

Guy_Yuh

Article body: The Filecoin Virtual Machine: Supercharging the Filecoin economy When FVM launched, the community was energized by the prospects of moving much of the Filecoin economy’s activity on-chain. We were hoping that the FVM would accelerate our path to achieving key goals of the Filecoin Master Plan. A few of those priorities included: The on-boarding and management of datasets onto what is the largest decentralized cloud storage network in the world with more than 12M TB of capacity offered at cost-competitive rates. Today, 100 days after launching the FVM, smart contracts are able to facilitate and aggregate storage deals fully autonomously, thus helping storage clients find the best storage provider for their specific needs automatically. Additionally, FVM allowed the Filecoin community to build discovery and reputation services on the Filecoin blockchain and increase transparency of the network. Many of the Filecoin block explorers have begun augmenting their dashboards with data pulled directly from the Filecoin blockchain and helping guide decisions and bring greater trust and transparency to the Filecoin network (e.g., by verifying smart contracts). The FVM also promised to facilitate the leasing and borrowing of FIL, Filecoin’s native token which is used by Storage Providers to commit to, grow, and secure the Network. To start, many prominent cryptocurrency exchanges quickly implemented support for FVM wallet address compatibility (f4) so that Filecoin network participants could interact not only with the new FVM dApps, but also familiar tools like Metamask. Specifically, to-date, over 82,000 unique wallets have interacted with FVM since launch. Furthermore, measured by growth in Total Value Locked (TVL), decentralized financial services on the Filecoin network are the fastest growing (+140% MoM) in the Top 100 of all blockchains now reaching almost 4.5M FIL across several providers. At launch, community members hoped that the FVM would augment the functionality of products and services emerging in other web3 communities using Filecoin and the FVM’s capabilities (e.g., data storage). Roughly three months after launching the FVM, multiple integrations with bridges such as Axelar and Celer and over 35 other key partners have brought Filecoin closer to the rest of web3, enabling a rich set of message and transaction exchanges between the Filecoin and other web3 ecosystems. Many unique smart contracts and dApps (more than 1,200 combined) have been launched on FVM, however the user base of many of these apps is still relatively nascent. Over the next weeks and months, the Filecoin community aims to continue accelerating the success of FVM. dApps that unlock utility for end-users These new possibilities unlocked by the FVM have led to a flurry of developer and entrepreneurial activity – both of existing and new communities. At the time of writing, there are over 1,100 unique smart contracts powering dApps that have been deployed to the Filecoin network. There are over 80,000 wallets that have been created and begun interacting with these FVM-powered dApps. And we have surpassed 2.8M FIL in total balance across FVM accounts and contracts. The FVM’s full compatibility with the EVM that runs on top of the Ethereum blockchain, helps many new-to-Filecoin developers make rapid progress when deploying their solutions on the Filecoin blockchain, as a result, the community interest in hackathons continues to soar. Specifically, we have hosted two FVM-focused hackathons, Space Warp (pre FVM-launch) and HackFS, which have attracted over 1700 developers combined. In addition, all open project slots for two dedicated FVM-accelerator programs have been fully committed with teams building products and services at the frontier of this new technology. There are also numerous notable decentralized applications that have launched on FVM and span across multiple categories. Although the Filecoin Ecosystem Directory is currently being revamped, it will soon be the best place for community members to add to or browse the ever-growing list of products and services running on Filecoin. But for now, here are just a few of the incredible web3 projects who are building on or have integrated FVM. Infrastructure Tools Axelar Celer Tellor Filfox Starboard Beryx Metamask Brave Squid Router Kraken Storage & Cloud Services Spheron Lighthouse Saturn Bacalhau Education, Science & Public Goods Lagrange DAO Shale Protocol Media & Entertainment Waterlily Trustified Filemarket NFT Forever Resolutio Filecoin Pledging Glif Collectif DAO stFIL SFT Protocol Filet Finance HashMix NodeDAO FilFi The road ahead: Filecoin to shape the open data economy In the past quarter, we focused on securing key partnerships and removing roadblocks. As we launch into the second half of 2023, we expect to prioritize experience for both users of FVM dApps as well as developers working with FVM. We plan on building with a focus on smaller storage deals, in order to democratize storage on Filecoin and FVM. This will allow building dapps and DAOs around pieces of individual, user-uploaded data. They can create unique incentive flows in order to replicate, renew and repair storage deals on top of this democratized standard. We are working with aggregators on Filecoin and making them FVM native – so that builders can upload small pieces of data via their dapps and smart contracts. We are also building a decentralized aggregation standard that will allow anybody to spin up “data dropboxes” for FVM. We want this to enable truly trustless aggregation on Filecoin, all managed on-chain through FVM. Dapps and DAOs can be built on this standard so that new data can be uploaded, and storage deals can be renewed, replicated and repaired all through a decentralized aggregation standard. What kinds of things do we expect to unlock down the road? A bunch of awesome platforms on top of FVM: decentralized compute, data marketplaces, and DAOs built with LLMs and generative AI. We expect teams to build a marketplace for arbitrary compute jobs, especially for model training and inference on top of data stored on Filecoin. We predict robust marketplaces for IPNI dispute resolution, data preparers, and REC tokenization. We expect LLMs to play a central role in open source generative AI models, all built as dataDAOs on top of FVM (read more here). With data, AI and compute, the future is bright for FVM! Finally we are doubling down to make sure FVM is easy to use. We want it to be painless to upload funds, data and smart contracts onto FVM. We are working with our close partners – wallets, exchanges and explorers – to make sure these onramps make sense for builders. If you want to build in this space, let us know! Check out the most recent Filecoin and IPFS Ecosystem Roundup for a comprehensive view on the developments in this ecosystem and more insights and commentary. Stay up to date with FVM As mentioned above, it is never too late to get involved in building with FVM! If you’re looking to get involved in upcoming hackathons, check out the Filecoin Ecosystem Hackathons home page. Or, if your project is accelerator-ready, check out Softnoise, by Protocol Labs to find the one perfect for you. Lastly, still itching for more FVM resources? Take a look at the FVM linktree.

moonRekt

I got oversized solar and EV been looking for something REC available in our area but not yet. I agree, i took economics in college and in the environmental aspect, carbon credits make most sense

Ultravioletmantis

Does it matter? People in here only seem to care about top50 tokens. There are so many gems that deserve a lot more attention, but people aren't interested in actually learning about the innovations in the utility tokens.. Anyway the one I'm talking about is Energy Web, they have partnerships with an insane amount of billion dollar companies and the standards they are developing around renewable energy certificates have already been bought by billion dollar companies. Prosus group (one of the largest tech investors with 15.000 employees) already committed to buying 3 GWh (3 million kWhs) of D-REC certificates between 2022-2025. That is just one example. Netflix just released a report saying they will buy D-RECs (through powertrust X south pole and therefore Energy Web) to offset 6billion tonnes of CO2, they will also purchase 378.000 liters of sustainable aviation fuel to offset their flight miles, which again is a project verified by Energy Web. This is just one corner of what energy web is doing, they have also launched Green Proofs for Bitcoin, which has already onboarded some of the world's biggest miners to create certificates of origin, BlackRock officially stated interest in this work by Energy Web (obviously they want to buy bitcoins that are mined sustainably). Other projects include improving the energy grid through solar, batteries, electric cars etc, they have two huge projects live now one in Australia and one in California and are actively helping with balancing the grid. So much to talk about but I will stop here.

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