Why NOT Ethereum

the problems faced by climate tech developer community on ethereum?

In the realm of Climate Tech DApps, developers face formidable challenges despite the increasing demand and the expansive reach of blockchain technology. While striving to be the foundational platform that scales Climate Tech DApps globally, developers encounter hurdles that hinder widespread adoption.

Limited Scalability

• The current blockchain ecosystem, while prioritizing security and decentralization, struggles with scalability. Transaction throughput remains comparatively low, resulting in network congestion and extended transaction times. This congestion not only disrupts user experience but also drives up transaction costs, making it economically unfeasible for many users. Despite scalability upgrades, transaction throughput remains constrained, posing challenges for mainstream micro-transactions in the climate tech space.

Subpar User Experience

• User experience surrounding Climate Tech DApps currently falls short of mainstream adoption. Slow transaction confirmations and frequent failures undermine user satisfaction, price discovery, and liquidity. While alternative blockchains offer improved user experience, they often compromise user asset security and network decentralization. Additionally, wallet experiences are complex, lacking adequate recovery mechanisms and essential information for informed decision-making.

Tedious Developer Experience

• Developers investing time in Climate Tech DApps face the arduous task of building and configuring blockchain components, diverting attention from creating user-centric experiences. Mastering new programming languages and paradigms, coupled with building security-critical applications, presents a significant challenge. The absence of accessible tools like straightforward APIs and platform-specific SDKs creates a barrier to entry for new projects, hindering the launch of compelling Climate Tech DApps.

Liquidity Concerns

• DApps inherently exhibit lower liquidity compared to fungible ERC-20 counterparts, contributing to fragmented liquidity and difficulties in price discovery. Each DApp operates within its liquidity silo, necessitating numerous buy orders for various Climate Tech transactions. While some solutions aim to improve liquidity discovery, they often come with increased operational costs.

• Marketplaces invest in enhancing the discovery process, yet these efforts sometimes lead to further liquidity fragmentation, affecting both individual users and the broader Climate Tech DApps market. Traders encounter challenges in swiftly selling assets or securing optimal prices, impacting market efficiency.