{"type": "project", "title": "M3tering Protocol", "logoImg": "bafkreidkwq3nppkhojiczc3g7t5cagmkn2jqbxiev6355vwcwf3fsdghbm", "website": "https://m3tering.whynotswitch.com/", "bannerImg": "bafkreigkdo4xmmwnapykygvkqdey3wjxqq2jay6ji3rexqaa6j3hdw6g6q", "createdAt": 1712786384373, "userGithub": "iChristwin", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..dk_hi4YZzrZ5Dye5O5nWjL-KW5OisVI93tukdZrQQw5Wmbmo0iQ43tMsNX7E-S65MiIo0kXZoeMHTYyuv_uEDQ", "type": "Ed25519Signature2018", "created": "2024-04-10T21:30:44.767Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-04-10T21:30:44.766Z", "expirationDate": "2024-07-09T21:30:44.766Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xACd46d2988C44613b4EF9909b6E3D736C8Bce945", "hash": "v0.0.0:1hPI0CijKa+CJibbjsoln/FWgdNjIkysUIvfVxYJnKs=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#M3tering#52095470"}}}, "description": "The M3tering Protocol tackles the challenge of bringing clean energy to underserved communities, particularly in regions like Latin America and Sub-Saharan Africa. It does this by creating a decentralized solar energy ecosystem fuelled by cryptocurrency incentives.\n\nHere's the breakdown:\n\n* **Empowering individuals as providers:**  M3tering breaks down barriers by allowing individuals and businesses to become electricity providers. This is achieved by incentivizing investment in distributed energy resources (DERs) like rooftop solar panels and battery storage systems.\n\n* **Smart meter network tracks energy flow:** Specialized M3ters are installed alongside solar equipment. These intelligent meters measure electricity generation and consumption, securely transmitting data across the network.\n\n* **Prepaid clean energy with stablecoins:** Consumers can top up their accounts using DAI. This eliminates the worry of fluctuating electricity costs and enables a prepaid approach to clean energy consumption.\n\n* **Tokenized rewards incentivize providers:**  The M3tering Protocol goes beyond just selling electricity. Providers supplying clean energy to the network are rewarded with DePIN tokens. This financial incentive structure encourages continued participation and expansion of the solar energy infrastructure.\n\n![image](https://github.com/M3tering/.github/raw/main/Diagram%201.png)\n\nThe protocol fosters a powerful network effect. As more individuals are drawn to become providers due to the financial rewards, the overall available clean energy increases. This in turn, attracts more consumers seeking access to reliable and sustainable power. This growing network fuels investment in DERs, accelerating the transition towards clean energy access in developing regions.\n\nIn essence, M3tering Protocol goes beyond just providing solar power. It empowers individuals to become active participants in the energy market, fostering a collaborative effort towards a more sustainable future. ", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "M3tering", "projectTwitter": "m3tering"}
M3tering Protocol
The M3tering Protocol tackles the challenge of bringing clean energy to underserved communities, particularly in regions like Latin America and Sub-Saharan Africa. It does this by creating a decentralized solar energy ecosystem fuelled by cryptocurrency incentives.

Here's the breakdown:

* **Empowering individuals as providers:**  M3tering breaks down barriers by allowing individuals and businesses to become electricity providers. This is achieved by incentivizing investment in distributed energy resources (DERs) like rooftop solar panels and battery storage systems.

* **Smart meter network tracks energy flow:** Specialized M3ters are installed alongside solar equipment. These intelligent meters measure electricity generation and consumption, securely transmitting data across the network.

* **Prepaid clean energy with stablecoins:** Consumers can top up their accounts using DAI. This eliminates the worry of fluctuating electricity costs and enables a prepaid approach to clean energy consumption.

* **Tokenized rewards incentivize providers:**  The M3tering Protocol goes beyond just selling electricity. Providers supplying clean energy to the network are rewarded with DePIN tokens. This financial incentive structure encourages continued participation and expansion of the solar energy infrastructure.

![image](https://github.com/M3tering/.github/raw/main/Diagram%201.png)

The protocol fosters a powerful network effect. As more individuals are drawn to become providers due to the financial rewards, the overall available clean energy increases. This in turn, attracts more consumers seeking access to reliable and sustainable power. This growing network fuels investment in DERs, accelerating the transition towards clean energy access in developing regions.

In essence, M3tering Protocol goes beyond just providing solar power. It empowers individuals to become active participants in the energy market, fostering a collaborative effort towards a more sustainable future. 
M3tering Protocol