• When impact projects put their product on the marketplace (as tokenized actions), the market typically acts as the price-finding mechanism. For example, a project that re-wilds one square kilometre of mangrove forest may issue a certificate (NFT) for the value this ecosystem creates each year. Projects may also set a "floor price" or a baseline value based on a documented valuation method.

    If you need help, please use the onboarding form here (link) or contact us!

  • The products are available to anyone, including individual customers who want to make a difference.

    Larger volumes or higher ticket items are bought by Corporate Social Responsibility departments, Small and Medium Enterprises, marketing departments and agencies, NGOs, Philanthropy (including family offices), and Government agencies.

  • Yes, but they must go through a due diligence process. We want to ensure that only high-quality, reliable products are available in our marketplace.

  • Products are available to anyone. There is no requirement to have a crypto wallet on your side (the NFTs can be stored on your website account). Purchases can also be made by Credit Card, and for larger transactions, bank transfers are possible too. To fully experience the power of Nomica's transparency features, we recommend setting up a MetaMask account (here's how). In this way, you can be part of the "chain of trust." Your ESG purchases can be displayed proudly and easily by simply sharing your wallet address with the world.

  • Some blockchains consume lots of electricity to work; their validation mechanism is called "proof of work," which translates directly into computing power consumed. Luckily, there are other mechanisms. We use Ethereum and Polygon blockchains, which are so-called "proof-of-stake" blockchains, which means they use 99.5% less energy than the Bitcoin blockchain, for example.

  • NFTs can be as safe as you want. If you store them in a so-called "cold wallet" disconnected from the web and keep your keys safe, there is a very high degree of safety. But even storing them on a regular online wallet or with Nomica is safe due to blockchain technology. In addition, we keep a record of each transaction via the blockchain so that any disappearance would be visible.

  • One of the best-known use cases for NFTs is indeed NFT art. You may know the "Bored Apes" or Beeple's artwork and websites like Opensea, which have sold billions of NFT art of varying quality. However, NFTs are a great "carrier" not just for images but for all kinds of digital assets, such as contracts and certificates. In fact, according to Swiss law, contracts secured by NFTs are treated equally to signed paper contracts!

    Nomica uses NFTs as a simple, future-proof way of securing and transferring the certificates related to the impact projects we sell on the marketplace. We collaborate with artists to create beautiful cover art to make them more attractive and valuable. You can display the artwork AND have the certainty that behind it, there is a real positive impact that you are supporting!

  • There are several steps we undertake:

    1. Pre-check: each project that wants to onboard must fill in an onboarding form. We require full documentation of the legal form and location of the entity, real names, and verifiable email and contact details. For larger projects, we require KYC as a bank would.

    2. We require projects to provide proof of certification of their actions. This can be one of the large certification bodies or smaller yet trustworthy entities. We check up on these and ensure the validity and applicability of these certifications.

    3. We onboard many purely tech-stack-driven projects, meaning that, for example, sensors directly feed the relevant data to our system, and no human interaction occurs. Once such a system is shown and certified to work, fraud is highly unlikely.

    4. We conduct audits (either ourselves or a third party) and plausibility checks. As we grow and receive more and more data, we can automate such checks and use AI methods just like banks and credit card companies do.

    5. We maintain a reporting mechanism from the client side. If you see a fraudulent product on the marketplace, you can report it, and we will follow up.

    Despite the best efforts, it is conceivable that fraud can occur. If this is the case, we will ban the provider immediately from the platform, pursue legal action where appropriate, and refund the customer within the legal and contractual limits (see our T&C).

  • No. The products from Nomica are meant to supplement efforts already underway and help the buyer reduce their negative impact or (better) make an additional, positive impact. Every action performed and counted with Nomica has demonstrably happened; it isn't a vague promise to do something in the future.

    Every purchase rewards this action and provides funding for the next one in a virtuous cycle. So by purchasing Nomica products, you become part of this cycle – a new paradigm in "nature financing" called Regenerative Finance. So offsetting is ok, but regeneration by redirecting capital to do good is the way to scale towards our common goals!

Frequently Asked Questions