Social Impact Metrics

A core set of social impact metrics have been put in place to measure the success and impact of agriiDAO on food security, economic empowerment, and sustainability. These metrics enable effective monitoring of progress, provide guidelines for strategic decisions, and improve transparency for all stakeholders.

Key Impact Metrics Include:

1. Farmer Participation and Engagement:

• Number of farmers onboarded: Tracking the number of famers who join agriiDAO, indicating the reach and adoption of the platform.

• Farmer Training Programs Completed: Measuring the number of training sessions or programs farmers complete, which equips them with the necessary skills and knowledge to optimise their agricultural practices and use of agriiDAO’s platform.

2. Market Access and Economic Opportunities:

• Volume of Produce Tokenised: Tracking the amount of agricultural produced tokenised through agriiClub enables us to measure the economic activity generated by agriiDAO.

• Royalties Earned by Farmers: Monitoring the total royalties earned by farmers through the trade of their tokenised produce provides insights into the financial benefits the farmers have gained through the platform.

3. Sustainability and Environmental Impact:

• Reduction in Food Waste: Assessing the reduction in food waste due to agriiDAO's improved post-harvest practices, storage, and distribution solutions.

• Adoption of Sustainable Practices: Measuring the adoption rate of sustainable agricultural practices within the agriiDAO community, which contributes to environmental conservation and better resource management.

4. Community Impact and Food Security:

• Improvements in Global Food Security: Evaluating changes in food security levels within communities measured by accessibility and affordability of nutritious food.

• Community Projects Initiated: Tracking the number of community-led projects facilitated by agriiClub which strengthen community resilience and collective self-sufficiency.

These metrics are collected through the collection of agriiDAO dApps and analysed to ensure operations are aligned with our core mission and values. agriiProtocol facilitates real-time reporting on these metrics creating a culture of accountability and continuous improvement, enabling stakeholders to witness the tangible benefits of their involvement in the ecosystem.