SOuL

Tokenized forest internet-of-things DePIN on Solana

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Inspiration

SOuL is inspired by local, rural, and upland communities who are working to protect the remaining natural forests. We aim to amplify and enhance their system, creating a collective and impactful effort that is 100% decentralized and 100% transparent. Our goal is to prevent an estimated 5,000 human deaths and protect 1.2 trillion wildlife and animals annually. This includes mitigating the financial impact of forest fires, natural disasters, and climate-related events, which currently result in around $2 trillion in global damages each year.

What it does

SOuL aims to address the critical problem of remote forests and their communities lacking internet and Solana asset access, technical support, engaging tools for transparent forest protection, and an AI to solve the significant problem in satellite imagery. This problem involves accurately detecting the presence or absence of trees, wildlife, rain, flooding, landslides, and forest fires, as well as tracking hydrological changes due to waste water.

How we built it

SOuL is still building a number of tech:

  1. Staking Vault
  2. Liquidity Pool
  3. Vesting Vaults per program component // real-world ecosystems and economics such as, but not limited to, tree nursery, fruit and tree farming, harvest, essential oil, ecotourism, technical training, arena, and many more
  4. SOuL Collector - GIS and evidence-based Big Data collection of practical forest ecosystems management; shows progress () of physical forestSOuL sanctuary for full transparency and decentralisation
  5. SOuL Collector AI - layer 1 of data validation that eliminates false data
  6. SOuL Map AI - aggregates, analyses and reports data and determines the next threatened forest areas or patches based on collected data

Challenges we ran into

Data Availability: Obtaining a large, accurately labeled dataset is crucial. Computational Resources: Training and deploying such AI models can be computationally expensive. Real-Time Processing: Processing large volumes of satellite imagery in real time is challenging.

Accomplishments that we're proud of

Ideation began in mid-April and escalated into a deep dive during the Solana Summit APAC in May. This was followed by the finalization of the business model when the project was accepted into the dotHAX Incubation program by Superteam Japan and IslanDAO Startup Village.

Website: https://soulsanctuary.cloud

Whitepaper: https://drive.google.com/file/d/1tHKAVgpj1R5xTXVJm99oQNvtvPVHTQ9m/view

Github: https://github.com/SOuLFST

UI/UX of SOuL Collector and SOuL Map of Transparency and Decentralisation Analytics AI

Partnerships with iLoop.Finance, Proto and Superteam Japan

Under negotiation with Provins-Invest, Kraft Investment, and Lunax Groups

What we learned

DecentralisationDecentralisation opens the space for building huge and diverse data and must be retained in the model. Transparency builds trust and creates reliable data. opens the space for building huge and diverse data and must be retained in the model. Transparency builds trust and creates reliable data.

What's next for SOuL

Build the prototype, network more with environmental and sustainability groups, and find more cleantech energy and innovation investors.

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