Market Status > Early development (1 to 2 of 2)

	Chia Network
Categories	Platform
Market status	Early development
Action (Smart Contract)?	No
Application	A decentralized cryptocurrrency and blockchain with the goal to prevent wasting massive amounts of electricity to secure a blockchain and lessen (e.g. ASIC-powered mining) centralization
Traits (blockchain)	Proof Stake and Proof of Time verification; Uses Bitcoin codebase
Date/Timeline	ICO and network launch planned for 2019
Links	BitTorrent's Creator Wants to Build a Better Bitcoin \| WIRED Chia Network Announces Competition to Help Pave the Way for Eco-Friendly Digital Money \| Markets Insider

	Gainforest
Categories	Land Tenure
Market status	Early development
Action (Smart Contract)?	Yes
Application	Incentivizes farmers to maintain forest land by paying them interest funded by doners for every period of time that the forest land remains. If it is cut down, the caretaker loses their share.
Traits (blockchain)	Will include a deep forest predication model which predicts areas of land most vulnerable to deforestations (and prices them higher)
Links	Can blockchain unblock climate finance? \| Opinion \| Eco-Business \| Asia Pacific

Chia Network