How TGI is supporting Regen Network’s Platform for a Thriving Planet

In 2017, Terra Genesis International (TGI) incubated a little-known blockchain startup called Regen Network Development, Inc., (RND). The company set out to transform the way that the ecological commons are managed by creating a tech stack that would redefine agreements about the ecological health of landscapes (you can read more of the original vision in their white paper here). In exchange for incubating RND and investing IP, TGI was granted equity in the company and a percentage of the native governance token of the project, REGEN. These tokens give TGI the ability to participate in the governance of the network, receive block rewards related to on-chain transactions, and transact using REGEN tokens.

We’re very pleased to announce that TGI will be joining a group of REGEN token holders in the activation of the first Liquidity Bootstrapping Pool (LBP) on the Osmosis Automated Market Maker (AMM) running June 23–28, 2021. The pool will create liquidity between the ATOM and REGEN tokens and to act as a price discovery event for REGEN.

Just over a month ago, Regen Ledger went live, and currently, there is a proposal to the community to enable transactions on-chain. As a believer in the project, and a REGEN tokenholder, we understand that an important next step is creating liquidity around the token so that the REGEN token can be bought and sold on the open market to the benefit of all network participants, including land stewards, farmers, developers and more. This is a decentralized community of actors, and because we believe in what this network has to offer, we decided to initiate this process.

TGI’s role and relationship to Regen Network

We’re proud to be an active member of the Regen Network community because we share a belief that regeneration is critical to counteracting the converging crises of our time. We believe that we must develop a shared understanding of how, when, and where regeneration occurs and who is responsible for stewarding regenerative processes, such that we can enable agreements to be created amongst groups of stakeholders who share a vested interest in supporting positive change. Regen Network allows us to do all this and more.

As a Public Benefit Corporation, TGI is dedicated to the design, development, and implementation of regenerative systems, structures, and processes that grow the capacity and capability of producers, developers, brands, and communities to significantly improve collective ecological, socio-cultural and economic well-being. We are an active participant in the development of Regen Network because we believe this platform will significantly improve our ability to achieve our aims of regenerating production landscapes, evolving regenerative supply systems and improving the wellbeing of farming communities. We participate in the following ways:

1. We serve as a member of the Regen Consortium supporting the development of CSDAOs (Community Staking Decentralized Autonomous Organizations) by bringing producer cooperatives and community groups into positions of governance on the network;
2. We act as a third-party developer of monitoring, reporting, and verification methodologies and will support the creation of new credit classes;
3. We act as a monitor, verifier, and peer-reviewer of regenerative outcome protocols;
4. We support the onboarding process of other 3rd party developers;
5. We collaborate on projects within open-source communities such as Earthshot Labs & OpenTeam to co-develop the technological infrastructure to facilitate regenerative landscape management;
6. We provide opportunities for our brand clients and farmer network partners to use Regen Ledger to substantiate regenerative outcome claims and to create mechanisms for payments.

Public Disclosure:

It is important for us to disclose the relationship between TGI and RND.

The concept for Regen Network was born out of TGI’s innovative regenerative agriculture and supply systems work and our teams remain closely connected and mutually invested in each other’s success since we share an aim to regenerate the Earth’s living systems.

TGI invested a significant amount of time, money, and IP into the establishment of RND and when it came time to take compensation, we chose to take both equity and tokens rather than cash compensation. We are a very early token holder and plan to be token holders and contributors to the community for a long time to come!

Two of the founders of RND, Gregory Landua and Christian Shearer, are also minority owners of TGI, each with a 5% ownership share. And the President of RND’s board, Will Szal, is also a board member at TGI. Will Szal is in the process of leaving the RND board, in part, to focus more on his role at TGI.

Our participation in this LBP is considered a sale of REGEN tokens, however, we would like to publicly share that it is our intention to take a significant portion of the proceeds of that sale and roll it into liquidity provision for a longer time frame.

For those who would like to learn more about the LBP, please check out Part 2 of this blog ‘Announcing the upcoming REGEN Token Liquidity Bootstrapping Pool’.