“The limit of my language means the limit of my world” Philosopher Wittgenstein****
Need for Inclusive Language in Web3 and #ReFi
Attending Web3 conferences globally, the common denominator and greatest barrier to community engagement is often language. As the lingo is often western driven; phrases, colloquialisms and abbreviations are often lost in translation.
- #ReFi (Regenerative Finance), a space within the Web3 world that focuses on using blockchain technology for supporting Regenerative Finance models, is a fairly new and emergent space.
- It claims to provide necessary tools and frameworks which aligns economics with ecological health to proliferate sovereign, bioregional, and regenerative economies.
- However, in order to collectively move forward, there is a pressing need within the larger ecosystem to create a common language and understanding derived shared and culturally rooted epistemology. And this stands true even for people who are actively and regularly engaging with the space. There is a need to create knowledge commons through a compiled set of vocabularies and definitions that allow us to communicate outside of our current capitalist/extractionary systems on different levels - social, financial, technical and ecological.
- For global adoption and true participation of varied stakeholders practicing regeneration and standing at the fore-fronts of the climate crisis, it is the responsibility of #ReFi leaders to ensure that the communities they are engaging with are fully aware of the technology they are being introduced to and the risks involved. For true decentralisation and distribution of power to happen, it is crucial that all stakeholders can make their own informed decisions.
- The larger Web3 and ReFi space has in the past been obscure and exclusive which in return has created artificial scarcity of information. We at Regen Foundation believe that Web3 Encyclopaedia could play a crucial role in bridging the gaps and levelling the play-field.
Web3 encyclopaedia → Knowledge Commons
A global-collaborative effort led by various Web3 enthusiasts, be they Web3 conversant or not.
The aim is to create a knowledge commons that will explain complex Web3 and ReFi specific terminology and break it down into digestible and understandable language, which is rooted in local-cultural context. This will boost and facilitate participation from on-ground communities with the various ecosystems of their choice.
Web3 Encyclopedia
Who is it for?
The project, spearheaded by Regen Foundation was launched at ETHSafari. It was one of a kind workshop, held beneath the baobabs in Kilifi, inviting non-web3 individuals and the larger community to dig deeper and explore understandings of the different buzzwords from the industry.