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Author：Spike @ Contributor of PermaDAO
Translator：Jomosis @ Contributor of PermaDAO
Reviewer：John Khor @ Contributor of PermaDAO
With the climate changing rapidly, Logic Building successfully raised $110 million and used the concept of virtual factory (VPP) showing its value as a solution to Web2.
In a recent move, the Chinese central government issued 1 trillion yuan in bonds to aid local governments in improving their water infrastructure, underscoring the growing trend of the northward shift of the 800-millimeter precipitation line.
In the realm of Web3, the most viable solution lies in integrating token economics and ESG (Environmental, Social, and Governance) models, bringing B2B and B2C users into a unified system.
Starpower serves as a prime example of this concept, optimizing energy efficiency in infrastructure through its design, construction, and renovation processes.
For client-side users, Starpower offers a powerful smart energy socket, allowing individuals to earn $STAR tokens through everyday use, thus incentivizing individuals to engage in global environmental initiatives.
In partnership with Starpower, Arweave aims to further explore the DePIN (Decentralized Permanent Information Network) project to increase its storage capacity in a joint response to the climate crisis.
Logical Buildings is a leading provider of carbon reduction technology and ESG solutions. This project aims at reducing carbon emissions in Multifamily housing through smart energy technology. It uses groundbreaking technology to combine smart meters and thermostats, which achieves carbon reduction in thousands of multi-unit residential buildings. Virtual power plant projects will be running in multifamily buildings in New York City and New Jersey, financial incentives will be provided to participants and new revenue streams will be created for grid services.
Energy savings and grid income will serve as a source of funding and return. Simultaneously, multi-unit residential buildings can utilize these project facilities for upgrades, maximizing benefits and achieving incentives and tax credits from utilities, state and federal governments. Logical Buildings will provide engineering expertise on measuring and enhancing the operation value of each building's virtual power plant.
Logical Buildings has not only resolved the conflicts of interest in energy efficiency issues between multi-unit residential properties, which allows investors and residents to share the benefit of comfort and cost reduction. The project can also accelerate the carbon reduction initiatives in thousands of buildings without pre-funding.
