Florida Blue Reef Initiative
Reality Bonds
A covenant-backed way to fund 100 reef deployments. Seed2Sea issues the tax-deductible receipt, the Current Seas Trust mints the art-backed bond, and OP_CAT logic locks/unlocks $đź’§ tokens when Current Seas proof is delivered.
Issuer
Seed 2 Sea Non Profit
Receives cash/fiat, issues IRS receipts, pays contractors, files 45Q data.
Asset Holder
The Current Seas Purpose Trust
Holds the art IP, minting keys, and brand for the Sea Sirens collection.
Protocol
OP_CAT Reality Bond
Programmed lockup of $đź’§ tokens until proof-of-deployment is verified on-chain.
Why It Belongs Here
Reality Bonds turn the 100 Reefs Challenge into an auditable flow of capital, proof, and carbon reporting—all inside our existing nonprofit stack.
- 100% Deductible: Donations route to Seed2Sea. Donors get IRS receipts while their bond art shows progress.
- Clear Guardianship: The Trust safeguards art and minting keys so campaign IP stays mission-aligned.
- Impact Triggered: OP_CAT logic requires GPS + photo/video + partner sign-off before $đź’§ unlock.
- Carbon Integrity: 45Q credits file through Seed2Sea; cash is recycled into the next reef drop.
Transaction Flow
- Donor gives fiat/USDC to Seed2Sea.
- Seed2Sea issues receipt + signals the Trust.
- Trust mints a Reality Bond NFT with locked $đź’§.
- Funds are spent on fabrication + deployment.
- Proof uploaded → OP_CAT verifies → $💧 unlocks.
Who Gets What
Philanthropists: keep full deduction; carbon credits are sold by Seed2Sea and recycled into the next reef.
Corporate Sponsors: sign sponsorship (no donation deduction); receive the transferred 45Q credit.
Series 1 • Sea Sirens • Reef-100
Lifecycle & Proof
Each reef coordinate is an immutable promise. Bonds mature only when Current Seas proof is cryptographically submitted.
Intent
Proposal
Target: $20k per reef for 50 HempCrete modules + turtle corridor. Covenant opened with coords.
Escrow
Build
$đź’§ stays locked in the NFT while funds flow to contractors for fabrication and drop logistics.
Proof
Oracle
GPS timestamp from vessel, geotagged video hash of the drop, and partner sign-off (e.g., STOP) submitted on-chain.
Release
Maturity
OP_CAT verifies → $💧 unlock. Seed2Sea files 45Q and updates bond metadata with Carbon E-Credit certification.
Next Up
We can accept tax-deductible donations today; these tasks make the protocol visible and verifiable for partners.
Finalize OP_CAT script template for proof inputs and publish to the DAO page.
Add donor disclaimer: “Tokens ($💧) are commemorative/governance assets with no monetary value.”
Ship a simple “Proof Uploader” for divers/captains to submit GPS + media hash from the field.