Evercity is a sustainable finance protocol built on the Polkadot network. It aims to streamline eco-friendly investments by automating the issuance and management of green bonds and impact tokens using blockchain technology. The platform integrates monitoring tools like drones and satellites to enhance transparency and reduce costs for businesses and investors, promoting projects with positive environmental impacts.
Team Composition and Transparency
The Evercity team features experienced professionals led by co-founders Alexey Shadrin and Liza Romanova, who bring backgrounds in impact investment and sustainable finance. The team also includes experts in carbon strategy, product management, technology, and partnerships, such as Joseph Pallant and Katherine Foster. Advisors like Rob Fowler and Miroslav Polzer add credibility with their extensive experience in sustainable finance and climate advocacy. While the team’s credentials are listed, there are no direct links to verifiable documentation or professional profiles, which could limit full transparency.
GitHub and Code Quality
Evercity’s GitHub is public, containing 16 repositories with moderate activity, including commits and contributions throughout the year. The use of programming languages like Rust and JavaScript aligns with modern development standards, and the documentation is well-maintained. However, there are no public members listed on the GitHub account, which could raise concerns about transparency regarding the individuals behind the development.
Social Media and Community Engagement
Evercity’s social media presence is modest, with limited engagement across platforms. It has around 800 followers on X, 1,000 on LinkedIn, and over 2,000 on Facebook, but interactions are minimal, and activity on some platforms has stagnated. The YouTube channel provides some engagement through team discussions, while the absence from platforms like Reddit may create opportunities for misinformation. A Telegram group exists, but user engagement is low.
Business Model and Risk Factors
Evercity operates by providing a blockchain-powered platform for sustainable finance, addressing transparency issues in impact investing. The business model focuses on automating sustainable debt issuance and carbon credit monitoring. While the approach has strong growth potential, challenges include navigating regulatory landscapes and providing clear financial details. Plans to integrate central bank digital currencies and secure licensing as a virtual asset service provider show promise for scalability.
Conclusion and Rating
Evercity is a promising project that aligns with the growing demand for sustainable finance. The experienced team and innovative business model present a strong value proposition, but improvements in transparency and community engagement are needed. The project scores four out of five stars, indicating significant potential while suggesting further due diligence for potential investors.
