Sunday, May 9, 2021

Whole Earth Foundation - the future of democratizing infrastructure management in the world


Infrastructure around the world is increasingly aging as societies around the world face problems of deterioration and poor governance. In developed countries such as the United States, it is estimated that up to $ 2 trillion will need to be spent on infrastructure over the next five years. In the European Union, the numbers are also high, with an estimated 688 billion euros per year required per year for energy, transport, water and sanitation, and telecommunications. Globally, infrastructure investment is estimated to account for about 3.9–9.7% of total global GDP.

The Whole Earth Foundation was founded as a non-profit organization with the goal of democratizing infrastructure management. We strive to achieve this by making information about the state of the infrastructure more accessible and visible to the general public. By connecting ordinary citizens and infrastructure service providers through the ecosystem of applications powered by the Whole Earth platform, we plan to provide citizens with information and incentive to voice their needs to service providers. Service providers can then communicate with their citizens and work to improve the infrastructure they manage.

The environment database at the heart of the Foundation contains a wealth of information on the environment and infrastructure. Over time, this database will grow and expand to become more advanced with information provided by the participants (mainly citizens) of the ecosystem. Thanks to blockchain technology, members can benefit from the collection and transmission of data by earning a digital token called Whole Earth Coin (WEC). For each data point added, the value of the WEC tokens earned will fluctuate depending on the type and quality of the data.

For example, participants can describe or take pictures to capture infrastructure conditions such as:
  • Hatches
  • Roads
  • Bridges
  • Electrical polls
  • Leaks from the plumbing
All reports will be tracked geographically by their GPS coordinates and linked to other variables that can be measured at that time. In doing so, we hope to capture important dynamic trends and the state of the infrastructure that is evolving to accurately reflect the real conditions of our infrastructure.

Future partners wishing to cooperate in projects with the Foundation or use the database will pay a subscription fee in order to maintain partnership with the Foundation. The Fund will then use these funds to purchase WEC to pay for the development costs of the project.

As the project develops, we plan to form strategic partnerships with various organizations and create new ways to use the WEC token in the ecosystem. One of the services will be to coordinate with market partners to develop ways to use WEC tokens for goods and services.

Whole Earth Foundation Ecosystem:
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