ReFi

ReFi can be considered the real-world, Web3 application of Regenerative Economics theory. The ReFi movement aims to deliver on two core principles – the long-term generation of value for all, and the conservation/restoration of natural resources.

Ultimately, it is an attempt to redefine how firms and individuals relate to finance and develop a self-regenerating, sustainable system that doesn’t rely on scarcity or exploitation to create value.

Web3 technologies and concepts such as blockchain, tokens, NFTs and DeFi can be leveraged to help tackle ecological and social issues – from deforestation to food scarcity – by increasing the equitable distribution of wealth and encouraging investment in regenerative projects.