GoodCollective is a platform that enables direct, automated, individual digital payments linked to transparent, verified, climate activities. The vision is for climate projects to set up and customize their own impact tracking parameters, which are set up to link proof-of-impact NFTs to automated disbursement of payments. Projects that open GoodCollectives enable dMRV solutions to communicate directly with a payments smart contract, which can be easily utilized by the flourishing ecosystem of project developers with close ties to local communities and dMRV solutions.

The transparency, traceability, and immutability of automated payment smart contracts and non-fungible tokens (NFTs) provide a new way to approach payments to individuals for verified climate impact. The dapp creates a payments smart contract triggered by an NFT per stewardship event that can be minted by any approved partner (e.g. project developer or dMRV provider).

The [parameters for the NFT](https://docs.google.com/spreadsheets/d/1xO8gp2CEBUjennz6k6irRDOpmOXw4sMdpH3RDYrbbto/edit#gid=0) were designed to work across a diversity of measurement methodologies and include necessary information about the climate stewards’ relevant activities, verification by the partner organization based on a verified impact measurement methodology, and the stewards’ wallet addresses.

NFTs were chosen specifically because of their:

- Uniqueness: each climate action = a unique NFT event on a public blockchain
- Data storage capabilities: relevant measurement attributes required for auditability of climate impact & correspondence of payment to stewards’ wallets

Each community climate initiative — for example, a specific biodiversity monitoring, reforestation, or waste diversion project — is its own GoodCollective - with its own impact tracking standard. When a new collective is created (called a “Pool” in our smart contract), the collective sets its own parameters for verified climate impact, and corresponding payments. Each minted NFT is expected to contain links to the data proving the action has taken place, including traceability to actual measurements where possible.

More here: https://www.gooddollar.org/goodcollective----using-diverse-dmrv-solutions-for-conservation-basic-income