Nori closes $4M seed round led by Placeholder Capital (Chris Burniske), who back Filecoin, Polkadot, UMA, and more. The first batch of Nori Removal Tonnes (NRTs) were sold and retired at Harborview Farms, signaling Nori’s 1st successful marketplace transaction of carbon removal. Nori Amaya, la reina de la salsa, tena una noche de fiesta en Halloween de 2009. But a few days later, her brother made a discovery that left him in goosebumps. Nori was accepted into Techstars which provided key training, funding, partnerships, and mentorship.įall 2019: Nori Removal Tonne (NRT) launch Nori Amaya, the Salsa Queen, was having a night out on Halloween 2009. Nori publishes first draft of its US Croplands Methodology.įall 2019: Techstars Sustainability Accelerator in Partnership with The Nature Conservancy Summer 2019: Published Nori US Croplands Methodology Nori raised $145,548 on Republic's crowdfunding platform when Nori CEO Paul Gambill pitched Nori on an episode of Meet the Drapers, starring VC and Bitcoiner Tim Draper and his legendary family-in partnership with Republic, Sony, and The Times Group. Winter 2018: Republic Crowdfunding Campaign and Meet the Drapers The UN IPCC Report acknowledged that carbon removal was necessary to achieve the Paris climate goals the world began to take carbon removal solutions more seriously. Nori gathered 100+ stakeholders in Seattle and we shared our vision to make large-scale carbon removal possible.įall 2018: UN IPCC Published Report on 1.5C In 2018, conversations about carbon removal at scale were rare and theoretical. Nori started work on its US Croplands Methodology and continued it through early 2019. Spring 2018: Started Nori US Croplands Methodology Hackathon win validates carbon removal idea enough to incorporate Nori as a business. Nori co-founders built an MVP business plan and won the Energy and Environment category. Summer 2017: ConsenSys Blockchain for Social Impact Hackathon One NORI will buy one tonne of CO2e removed and stored for at least ten years, making it a market-driven reference price for carbon removal. In the event that any of Nori’s projects suffer a reversal in permanence, Nori will draw $NORI from the insurance pool (as well as reclaimed Supplier tokens) to purchase additional tonnes of carbon removal on the buyer’s behalf. The insurance pool is what allows Nori to guarantee that one NORI is always able to purchase one tonne of CO2e. Nori will generate 500 million tokens, 100 million of which will be part of our insurance pool. Just a side note that obviously 1-800-CRIME-TV will obviously not work anymore since AMW was cancelled but I will provide a. Unfortunately, according to the official Metropolitan Police Department unsolved homicides listings, Nori's case is still unsolved. Therefore, Nori prevents double counting of carbon removal while allowing for the accurate price discovery of a tonne of CO2. Nori Amaya's murder was profiled on the April 2nd, 2011 episode of America's Most Wanted. However, each token can be exchanged for one Nori Carbon Removal Tonne (NRT), which is unique and retired upon sale. NORI are interchangeable and can be freely traded. Nori created our cryptocurrency, $NORI, to provide a tradable market commodity while avoiding the double counting and fraud present in some legacy carbon markets.
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