Blockchain
Announcing OpenESG: The First Open, Democratic, and Credibly Neutral ESG Scoring System
Davos, Switzerland–(Newsfile Corp. – January 17, 2023) – Innovating in the field of socially sustainable investing, ESG DAO, a UK-based organization, has unveiled OpenESG, a revolutionary new scoring system that promises to transform the way Environmental, Social and Governance (ESG) scores are determined. OpenESG is the first open, democratic, and credibly neutral ESG Scoring System that aims to restore trust in the ESG movement.
ESG Scoring Infrastructure for People and Planet
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OpenESG combines multiple datastreams with a diverse and decentralized expert council and data validator networks that are incentivized to measure companies’ real world impact and serve the people and the planet. Their innovative approach also democratizes the ESG scoring process by simplifying the methodology and making scores more accessible to a wider range of companies of all sizes.
OpenESG is poised to revolutionize the ESG landscape. The technology is a significant step forward in aligning the interests of businesses with the preferences of most consumers, who prioritize companies that are acting in the world’s best interests.
“OpenESG is a game-changer for the ESG industry, providing consumers and investors with the information they need to make informed decisions about the companies they choose to support. This innovative approach to ESG scoring is a significant step forward in creating a more sustainable and responsible global economy,” says Tee Ganbold, Co-Founder and Executive Chair of ESG DAO.
Building a better ESG rating system
Unlike traditional ESG scoring systems that only measure a company’s risk-mitigation capabilities, OpenESG is designed to provide a comprehensive and transparent assessment of a company’s positive and negative impact on the planet.
The system will merge several legacy and novel data streams to provide a more accurate and holistic view of a company’s ESG performance. The data is curated by a decentralized Expert Council, comprised of diverse perspectives, to ensure that no special interests can dominate the decision-making process. All Expert Council decisions will be made public, promoting transparency and restoring trust in the system.
OpenESG announced it will source diverse public and non-public data sets to get the most comprehensive landscape of relevant ESG metrics for the largest possible pool of companies, partnering with organizations and ratings agencies to get better, more frequently updated data which will be stored in a distributed knowledge graph database. Companies will be able to get their score for free in the first quarter of 2023. If your company would like an OpenESG Score, please sign-up here.
“A transparent, democratic, and credibly neutral ESG scoring system accessible to consumers, academics, businesses, and builders will become the foundation for the emergence of a new wave of apps capable of nudging customer awareness, engagement, purchasing behavior, and investment decisions towards high scoring companies. This is the basis of a flywheel that privileges good behavior and translates good corporate karma into better outcomes,” says David Aikman, Co-Founder and CEO of ESG DAO.
“Our goal is to build a system that is truly global and future compatible, using the same standards as current ESG systems, but compiling data in a more efficient way, and in real time, connecting good companies to good people and incentivizing businesses to act in the planet’s best interests.”
The OpenESG Expert Council
As a centerpiece of the OpenESG scoring system, ESG DAO is also announcing its Expert Council, comprised of the world’s leading ESG experts from different stakeholders of the society and diverse regions of the world, who provide the intellectual and ethical guidance to define and maintain a truly independent set of ESG ratings. Council members are nominated from science, academia, sustainability, finance, technology, industry, and civil society to contribute their knowledge and expertise at the global, regional, local, and industry level.
The Council currently has 10 experts but will quickly grow to over 100 co-opted members and beyond, to ensure diversity and plurality of perspectives.
OpenESG is currently recruiting new leaders for the council. The initial members include names such as Adam Werbach, Global Lead of Sustainable Shopping for Amazon; Alvaro Arregui, Managing Partner at MA2; Asher Jay, CEO and Founder at IncOperate; Lady Mariéme Jamme, Founder at Iamthecode; Oliver Niedermaier, Chairman and CEO of TAU Investments, Reem Khouri, Co-founder at Whyise, E. Benjamin Skinner, founder of Transparentem and, Kristin Rechberger, CEO of Dynamic Planet, John Haffner, Deputy Director at Hang Lung Properties and Sony Kapoor, CEO of The Nordic Institute for Finance, Technology and Sustainability. If you would like to nominate an OpenESG Expert Council member you can do so here.
The founders will be in Davos 2023, hosting a panel about the future of ESG on the 17th of January, with key leaders in the industry such as Leslie Maasdorp, VP and CFO at the New Development Bank, Chris Cleverly, President of Tingo Inc, Lei Lei, Head of Growth and Infrastructure, at NEAR Foundation, Amanda Terry, Co-Founder and Chief Operating Officer of Metagood, and Benjamin Z. Bronfman Founder of Electric Tree. For those interested in participating, reserve a spot in the panel here.
Users can subscribe to receive early access & updates, and companies can submit an application to get a score for their Brand or Product at openesg.com.
About ESG DAO
ESG DAO is building an open, democratic, and credibly neutral ESG scoring system, OpenESG, that will power a new wave of Web2 and Web3 applications that engage consumers and incentivize companies to create positive environmental and social change in the world.
Learn more about ESG DAO at esgdao.earth or OpenESG at openesg.com.
Follow ESG DAO on Twitter or join their Telegram discussions here.
CEO name: David Aikman
Email: [email protected]
Company: ESG DAO
Country/city: Zug, Switzerland
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151532
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
-
Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
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Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
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Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
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Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
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Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
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