Cryptocurrency was initially described as a payment mechanism that enables people to conduct transactions easily, without the involvement of third parties, and in a straightforward, safe, and anonymous manner. Satoshi Nakamoto, Bitcoin’s founder, designed Bitcoin to defeat a bureaucratic financial structure that is vulnerable to corruption and is dominated by a single entity. With the growth and advancement of the cryptocurrency or blockchain ecosystem, a variety of new investing strategies have arisen, and they have proved to be more effective and lucrative investment vehicles than conventional financial returns. Innovative ventures with high return investments emerge in the crypto industry on a regular basis, such as Whole Earth Foundation, which would draw significant market investments. Why is this so? since this project seeks to develop a safe and decentralized operating model, as well as a new groundbreaking NFT project.
Infrastructure is deteriorating and inefficiently managed in economies all over the world, posing a global threat. Over the next five years, it is expected that developing countries such as the United States will need to spend up to two trillion dollars (USD) on infrastructure. 1 In the European Union, an estimated 688 billion euros (or about 804 billion USD) are expected each year for electricity, transportation, water and sanitation, and telecommunications. 2 Globally, capital spending is expected to be between 3.9 and 9.7 percent of overall global GDP.
However, technological advancements in this field have resulted in major advancements in recent years. With the rise of big data and artificial intelligence, more businesses are turning to technology to derive actionable information from data, allowing early identification of infrastructure challenges, data-driven advice for improved management planning, and a variety of other initiatives aimed at making cities smarter.
Nonetheless, despite the availability of resources, real-world progress has been sluggish. About the value delivered by technology, many infrastructure programs have opposed its adoption. According to the World Economic Forum, these concerns derive from a variety of causes ranging from “corruption to overbearing bureaucracy to under-skilled labor forces,” and this sector remains one of the “least technologically transformed in the entire global economy.”
Based on our investigation, we conclude that two underlying causes are to blame for this phenomenon.
- Access to information is unbalanced between infrastructure service providers and residents.
- There is a general lack of desire among parties to contest the status quo.
The Whole Earth Foundation was established as a 501(c)(3) non-profit organization with the aim of democratizing infrastructure management. We want to do this by making knowledge about the state of facilities more available and visible to the general public. We plan to provide people with awareness and an opportunity to voice their needs to infrastructure service providers by linking general citizens and infrastructure service providers through an ecosystem of applications driven by the Whole Earth Platform. After that, service providers can connect with their customers and work to improve the systems they operate.
The Foundation’s environmental archive, which is at its heart, holds a wealth of knowledge about the climate and infrastructure. Via knowledge contributed by ecosystem users (primarily general citizens), this database can evolve and scale up over time to become more sophisticated. Participants will benefit from capturing and contributing data by receiving a digital token called Whole Earth Coin, thanks to blockchain technology (WEC). The amount of won WEC tokens for each data point contributed can vary depending on the form and quality of data. Participants may, for example, identify or photograph infrastructure conditions such as:
Both reports will be geolocated using GPS coordinates and connected to other variables that can be calculated at the time. In doing so, we hope to reliably document the real-world conditions of our networks while also recording critical dynamic patterns and the state of infrastructure as it progresses.
Future collaborators who plan to work on projects with the Foundation or use the archive will be required to pay a monthly fee in order to maintain their relationship with the Foundation. The Foundation will then use these funds to buy WECs, which will be used to cover project construction expenses.
As the project progresses, we plan to form strategic relationships with different entities and establish new applications for the WEC token within the ecosystem. One utility will be to collaborate with industry members to provide ways for WEC tokens to be used for products and services.
Token Allocation :
Road Map :
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More Info :
Website : https://wholeearthfoundation.org/
Telegram : https://t.me/WholeEarthFoundation
Twitter : https://twitter.com/WholeEarthFdn
Forum Username : cryptopathum
Forum Profile Link : https://bitcointalk.org/index.php?action=profile;u=2088829
Telegram Username : @pathumbitcoin
ERC20 Wallet Address : 0xF9b347Ad986Db43753e9660222057e116Da4E8Fd