Other Social Utility or Use Right

Subtype

No asset of this subtype is currently listed on the Regen Atlas.

Definition: In the context of the Regen Atlas, other social utility or use refers to privileged access rights or non-equity governance over some part of an ecologically-biased DAO, some sort of ecologically biased bounty or reward.

Description

Beyond access to land’s outputs, a specific token may grant privileged access rights or non-equity governance—rendering the token, in some part, a green asset when the DAO in question is ecologically biased. This asset subtype is particularly complex to grasp, and we invite readers to refer to the example below for more explanation.

Example

CabinDAO is a global network of local community builders.

CabinDAO tokens (₡ABIN) offer the power to curate the “Neighborhood Catalog”—the growing list of Cabin properties available for remote co-living: “By acquiring… ₡ABIN, you gain the ability to participate in the network and govern the DAO. The DAO is responsible for determining the proposal and vetting process, voting to add and remove neighborhoods, managing the protocol and rules for staking, and displaying the catalog”.

In essence, token holders gain certain constitutional authority (the rules to change the rules), the power to curate a smart contract whitelist of properties, and the power to set staking rules and other crypto-asset properties. In one proposal, the token holders voted to re-deploy and re-distribute a third version of the token with vastly different properties and distribution than older versions. This highlights the evolutionary nature of tokens as assets whose properties change over time. While ₡ABIN isn’t a green crypto-asset, its use case as a curation token does highlight the potential for self-curating communities to enforce socioecological principles across their membership and their members’ natural assets, e.g. property.

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