Carrot White Paper
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  • CARROT NETWORK
  • documentation
    • Introduction
      • Recycling Systems Are Broken
      • Earth Limitations
      • From Linear to Circular
      • What is Zero Waste?
      • Extended Producer Responsibility
      • Carbon Markets: From Problem to Solution
      • Greenwash & ESG
      • Solution
    • The Product
      • Carrot Network
        • Creating Value
        • dMRV
        • Creating a Market
        • Demand-Side Market
        • Atomic Network
        • Methodology Creators
        • Ownership
        • Summary Diagram
      • Recycling Supply Chain
        • Reaching the Source of Waste Creation
        • Participants
        • Validators & SOs
        • Local vs Long Hauling
      • MassIDs: Codifying Waste
        • Participant Categories and Wallets
        • MassID Composition
        • MassID Notation
        • MassID Creation
        • MassID Splits
        • Waste Validation & Audits
        • Proof-of-Authority
        • Proof-of-Work & Provenance
      • Recycling Tokens
        • Minting TRCs
        • TCC (Carbon Credits)
          • GasID Creation
          • GasID Notation
          • Minting TCCs
          • Calculating GasIDs
          • GasIDs from Composting
          • TCCs from Composting
        • Carrot Registry (EPR/ESG)
        • $CARROT Distribution Model
          • Waste Source Not Identified
        • Carbon Credit Tokens from Composting
      • Tokenomics
        • Supply and Demand
        • AMM & LPs
        • $CARROT Stablecoins/Fiat
        • Burn-As-A-Service
        • Lending & Forwards
        • Carrot Ecosystem Fees
        • Carrot Incentive Mechanism
        • Tokenomics Conclusion
      • Value Proposition
        • Network Integrators
        • Producers (Credit Buyers)
        • Recyclers, Haulers & Processors
        • Waste Generators
        • Bin Custodians
        • State and Federal
        • Municipalities
        • Fund Managers
        • NGOs & Donors
        • Partners
        • External Service Providers (ESPs)
      • Closing the Loop
        • Proof-of-Recycled-Content
        • Product Composition
        • Local Recyclability
      • Product Roadmap
        • Product Decentralization
        • Protocol Selection
    • Governance
      • Carrot DAO
        • $CARROT Token Governance
        • Carrot Improvement Proposal Process
        • Carrot DAO Maintenance and Processes
        • Carrot Retroactive Funding
      • Progressive Decentralization
        • Incentives for Participation
        • 3 Phases of Decentralization
      • Security
        • Community Values
        • Community Guidelines
        • Holder Reputational System
    • The Carrot Foundation
      • Mission
      • Goals
      • Vision
      • $CARROT Allocation
      • $CARROT Supply
      • Treasury Reserve
      • Wallet Onboarding
      • The Genesis Team
      • Community Fund
      • Launch Strategy
      • NFT Auctions w/ Options
      • Stewards & Board
      • Advisors
      • Founders
    • Conclusion
      • Acknowledgements
    • Appendix
      • Formula comparison Between TRCs And TCCs
      • Formula for Project and Leakage Emissions From Composting
      • Formula For Baseline Emissions of CO2
      • CWIP Process (Extended)
      • Generating Reputational Metrics
      • Applying Reputational Metrics
      • Holder Reputational System Token Implementation
  • Carrot Methodologies
    • Glossary
    • Rewards Distribution Policy
    • BOLD Recycling Credit
    • BOLD Carbon (CH4)
  • More
    • Terms & Conditions
      • T&C of Use
      • T&C for Sales and Purchases of TRCs and TCCs
    • Download White Paper
  • Connect With Us
    • Website
    • Discord
    • E-mail Carrot Team
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Product Decentralization

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Last updated 11 months ago

The $CARROT Ecosystem is designed to be a “Web3 Open Decentralized network” detailed in the diagram below:

The $CARROT Web3 system will introduce novel, smart contract protocols deployed to an existing programmable blockchain network. Independent developers () will build and operate applications (Clients) on top of the smart contract protocols (owned and managed by the DAO community) and be able to use and interact with the Digital Assets. Data belonging to users, understood as customers and contributors, will be owned by the user and will be transferable out of the network. All of the technology will be open sourced and hosted on a decentralized file system (such as ). for participation and contribution will be consistently built into the network, as it will be a fundamental aspect of establishing network effects.

The existing waste logistics platform will serve as an important client layer to accelerate $CARROT ecosystem adoption. It represents significant resources to the ecosystem for the startup phase. Engaging with External Service Provides and the Carrot DAO community will enable rapid adoption and ecosystem growth. We will introduce the NFT auction in the 2H of 2024 to prove the utility of waste codification and token redistribution to recycling contributors, as well as begin our community building and marketing efforts. Smart Contracts for the minting of TRCs and TCCs, as well as Liquidity Pools and redistribution of $CARROT tokens, will be established by the end of the 1H of 2025. During the course of the 2H of 2024 we expect to roll-out features, the Carrpt and for DAO Management. The Carrot Fndn’s founding team’s goal is to reach by the 1H of 2025.[74]

73. A16z - , p.17

74. Variant Fund - : A Playbook for web3 Builders and Lawyers by Marc Boiron, Chief Legal Officer at dYdX Trading

Principles & Models of Web3 Decentralization
Sufficient Decentralization
composable
ESPs
IPFS
Incentives
Carrot Auditor
Registry,
CIPs
sufficient decentralization
Figure 44: a16z diagram of a Web3 Model of Open Decentralization[73]