NORI token as coordination unit
Paul Gambill, CEO of Nori, on tokenized projects for social good
The key bet was that carbon removal needed a shared asset, not just a marketplace. Nori was trying to turn a hard to see climate workflow into something people could price, hold, trade, and build habits around. In practice that meant farmers, buyers, and crypto native communities could all coordinate around one unit that represented one tonne, instead of relying on opaque brokered deals and one off registry transactions.
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Nori’s token sat at the center of its product design. One NORI mapped to one Nori Carbon Removal Tonne, suppliers could hold or sell the token, and buyers could pre buy future tonnes. That gave both sides a visible price signal, which traditional registries and brokers largely did not provide.
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This was a different role from companies like Patch and Persefoni. Patch made carbon buying easier inside existing software and focused on trust, contracting, and project access. Persefoni handled the accounting step, helping companies measure emissions before they chose how to offset or remove them.
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The broader market moved toward simpler embedded demand rather than token centered coordination. Stripe Climate and Frontier package carbon removal as a contribution or pre order workflow inside payments and APIs, which shows another way to create a demand signal without asking users to rally around a tradable token.
Going forward, the winning coordination layer in carbon will look more like background infrastructure than a visible crypto community. The durable lesson is still the same, carbon removal scales when suppliers and buyers can organize around a clear unit, clear price, and low friction workflow that fits into everyday software.