# COP26 Event: The Circular Economy - Finance and Data for an Abundant Regenerative Future. (part 3 of 3) > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [793], part 3 of 3. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2021-11-22 (YouTube upload date), https://www.youtube.com/watch?v=qn46s1BTMEA. Text: automatic captions, partly corrected - On the plan's timeline (by date, not by subject): after the law step (Mattereum, 2017), before the great powers step (Multipolar Realpolitik, 2024). - How it fits the plan (the research build's reading): Rich data capitalism applied to durable second-hand goods, the spiral economy. - Career works it belongs to: - Biomimicry database (2003): Technical lead on the Rocky Mountain Institute era biomimicry database. - The Future of Stuff (2020): Book on the philosophy under Mattereum: risk and morality in deals about physical things. - Spiral economy (2023): Economic idea: keep goods whole and route them down through tighter budgets. - Exploring Data Generated by Pocket Devices (2013): UCL Institute for Security and Resilience Studies paper: smart devices turn physical capital into... (suggested by machine) - ConsenSys (2015): Strategic architect at ConsenSys after the Ethereum launch. (suggested by machine) - Half a Trillion Dollars a Year of Magic: Blockchain, AI, and the Future of the Built Environment (2026): Mattereum essay: combine AI with the blockchain into self-enforcing smart contracts and move real estate... (suggested by machine) - Threads (lines of work through his career) it is part of: - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. - environment / green capitalism: Green economics: from oil efficiency to markets for facts about products. - CheapID to Mattereum: One identity pattern, from a person's ID card in 2006 to warranties on physical goods in 2017. (through a work suggested by machine) - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine) - hexayurt to chain: From the shelter design, through the needs map and the development bank, to Ethereum and Mattereum. (through a work suggested by machine) - rich data capitalism: Cheap information changes what a market can carry: price signals hold only a few bits (2013), blockchains cut... (through a work suggested by machine) - Ideas whose earliest source in this archive is this one: Spiral economy - Ideas developed here: 30-year plan (Hexayurt; target revised upward, now 300 million) - Topics: Other speakers / contributors — searchable, not Vinay voice (30%); Property, NFTs & real-estate transactions (16%); Capitalism, consumption & resources (14%) - Distinctive terms here, against the whole archive: circular economy (30 here; 17 sources in all, earliest dated 2019); product information (8 here; 11 sources in all, earliest dated 2019, 2 undated); product information market (4 here; 4 sources in all, earliest dated 2020); second-hand (6 here; 15 sources in all, earliest dated 2019); right to know (3 here; 4 sources in all, earliest dated 2012); commodities (8 here; 38 sources in all, earliest dated 2009); carbon offset (2 here; 3 sources in all, earliest dated 2019); warranties (5 here; 34 sources in all, earliest dated 2017, 2 undated); doubt discount (2 here; 8 sources in all, earliest dated 2020); Mattereum (13 here; 127 sources in all, earliest dated 2014, 2 undated) - The earliest dated source in this archive for (undated sources may be earlier): spiral economy - Importance: core-text score 0.66 (1.00 is the top), number 32 of the 729 sources it scored, the research build's measure of substance, importance and innovation - Related sources: - [735] [Vinay Gupta - Mattereum (2022)](https://guptaoption.com/texts/735.md): same career work: The Future of Stuff - [702] [Conversation With Pat Kane & Vinay Gupta (2021)](https://guptaoption.com/texts/702.md): same career work: Spiral economy - On the same works, just before: [773] [Vinay Gupta — Incentive-based epistemology | Ideamarket... (2021)](https://guptaoption.com/texts/773.md); [717] [The Novum Insightful - Ep1: Vinay Gupta | CEO of Mattereum (2021)](https://guptaoption.com/texts/717.md); [762] [MetaGame meets Vinay Gupta (2021)](https://guptaoption.com/texts/762.md) - On the same works, just after: [714] [Autonomous A1 - Taming Capitalism with Vinay Gupta of... (2021)](https://guptaoption.com/texts/714.md); [702] [Conversation With Pat Kane & Vinay Gupta (2021)](https://guptaoption.com/texts/702.md); [778] [Vinay Gupta on the Future of the Metaverse (2022)](https://guptaoption.com/texts/778.md) ## Reading it Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it. Cite as: COP26 Event: The Circular Economy - Finance and Data for an Abundant Regenerative Future., video, 2021-11-22, https://www.youtube.com/watch?v=qn46s1BTMEA; in Vinay Gupta's archive at guptaoption.com, source [793], https://guptaoption.com/texts/793.md. Other speakers' passages are removed, so there can be gaps. ## Passages, part 3 of 3 [1:51:46](https://www.youtube.com/watch?v=qn46s1BTMEA&t=6706s) have to be the same life form i don't necessarily want to wear your polyester from 1987 but i might want to like have your polyester as part of my shoe and so i think that's a really important part and that comes down to chemistry and chemicals and the essence of cradle to cradle which is rethinking from the beginning of the production of the product through and then to your question about these communities um with vo2 um there will probably eventually be an app but the reality is is 90 of even indigenous communities deep in the amazon are on smartphones i spent a month in the amazon last year and i was shocked how much time people spent on instagram even in the tribe um but the point is it's not about the web it is about the web because the technology has to be on the open web but it also has to be on the phone and you can do everything from a vo2 standpoint with a chrome browser so i think that's super important is it the easiest no but it's absolutely possible and the second thing is i mentioned the validators we're talking to like tnc we're talking to um like punch mama alliance we're talking to the rainforest network we're having a breakfast with all of them on the tents to talk about it because they're the interlocutor between indigenous communities and us and so we're building a payment platform for the validators to be able to earn for validating indigenous lands that are being staked or even just to help them do it so it doesn't really matter as all you need is an identity and then we can pay you to your identity and that's super simple and so i think that's going to be a really important part and indigenous and original nations communities around the world are the number one community we want to pay vo2 to because they're the ones that are protecting 80 percent of the world's natural areas matt do you want to add anything on this um well so much has been said already um but uh i'm i'm really encouraged by what i think is possible now i think the the influx of money into the space is what's really encouraging um so it was great to hear from a financial side what is occurring [1:54:16](https://www.youtube.com/watch?v=qn46s1BTMEA&t=6856s) because just looking back 10 20 years ago that was not always available and i encourage those entrepreneurs those startups and even the big companies who are looking for funds to me it's very apparent that there is more available in the last year than there has been in the history of this space which is great but also too i would also implore all of you that if it doesn't work for the consumer the business opportunity um that cfo is not going to be so happy with the investment they made if it doesn't work i don't know why we're out on time but i think we probably need to i think that's a great point to handle you want the last word greg why do we get the last word to orion yes thank you um i just think everything that has been discussed is really encouraging and just starting on what matt said about making sure that everything works for the consumer and i think ultimately we're all talking about the very same thing traceability and um openness and how we can put um trust into reuse and second um secondary raw materials essentially so um it's it's really exciting to see then um there is a lot of technological innovation happening on that and yeah really looking forward to the day where reuse and secondary raw materials have the value and people have access to that value and access to that information um to use them essentially so thank you thank you everybody this was fantastic --- End of [793] COP26 Event: The Circular Economy - Finance and Data for an Abundant Regenerative Future., part 3 of 3. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [714](https://guptaoption.com/texts/714.md) Autonomous A1 - Taming Capitalism with Vinay Gupta of... (2021); the most closely related, [735](https://guptaoption.com/texts/735.md) Vinay Gupta - Mattereum (2022); his whole career in one file, https://guptaoption.com/story.md.