Open Forest Protocol
Open Forest Protocol is a Switzerland-based blockchain platform providing transparent, low-cost measurement, reporting, and verification infrastructure for forest carbon projects, serving project developers, carbon credit buyers, and validators across 30+ countries.
- Company typePrivate
- Founded2021
- HeadquartersZug, Switzerland
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Open Forest Protocol does
Open Forest Protocol (OFP), legally Open Forest AG, is a Switzerland-incorporated, venture-backed for-profit founded in 2021 and headquartered in Zug. The company operates a blockchain-based open Measurement, Reporting, and Verification (MRV) platform built on the NEAR Protocol that enables afforestation, reforestation, agroforestry, conservation, and improved forest management projects — from 0.3 hectares to national-scale initiatives — to register, monitor, and issue forest carbon credits at no upfront cost. The core product stack comprises a Project Operator Dashboard, an offline-capable Forester Mobile App, a decentralized validator network (at least 12 independent organizations verify each data submission using satellite imagery, AI, and LIDAR), and the Atlas Explorer (a public, immutable transparency layer). A complementary product, NatureGrid, was launched as a standalone subscription SaaS monitoring platform for nature project teams.
OFP serves four distinct user groups: project developers and restoration NGOs seeking low-cost MRV and market access; carbon credit buyers (corporations and institutions) seeking high-integrity, verifiable offsets; validators earning fees for verification services; and builders/integrators leveraging the open infrastructure. The business model combines product-led growth (free self-serve onboarding for project developers) with sales-led regional outreach (Africa, LATAM, South America, Asia teams) and event-driven enterprise engagement (COP26, World Forest Congress, IUCN). Monetization flows are pre-dominantly forward-looking: carbon credit issuance fees on issued credits, validator fees, NatureGrid subscriptions, and potential marketplace commissions on credit trading. Customer and partnership evidence spans 30+ countries and includes the Government of Ivory Coast (5,067 ha flagship), Celsia/ReverdeC (Colombia), Agape Agroforestry (Peru), The Earthist (India), and iNovaland (Ghana/Brazil), plus technology alliances with Kanop, Flowcarbon, Neutral, and Gaia Gives. Founded capital totals approximately USD 4.27M across a 2022 round, a USD 4.1M January 2023 pre-seed (led by Shima Capital), and an undisclosed September 2024 seed (led by Übermorgen Ventures), with an active equity crowdfunding campaign on Republic as of December 2025.
Open Forest Protocol firmographics
Firmographics- Name
- Open Forest Protocol
- Legal name
- Open Forest AG
- Website
- https://openforestprotocol.org
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Open Forest Protocol is a Switzerland-based blockchain platform providing transparent, low-cost measurement, reporting, and verification infrastructure for forest carbon projects, serving project developers, carbon credit buyers, and validators across 30+ countries.
- Ownership category
- akta.pro rank
Open Forest Protocol industry classification
Industry- Product category
- Carbon Credit MRV Platform
- NAICS
- Support Activities for Forestry (1153)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Forestry (800)
- akta.pro primary industry
- Digital MRV & Traceability Platforms (dMRV, APIs, Data Pipelines, Tokenization Support) (EUABACAK)
- akta.pro secondary industries
- Data Assurance, Audit & Attestation (ISAE 3000/3410, SOC, Chain-of-Custody) (EUABACAJ), Forest Inventory, Mapping & Monitoring (GIS/Remote Sensing/MRV) (IMAMAJAB), Tokenization, Digital MRV-Linked Credits & On-Chain Carbon Infrastructure (Digital assets, provenance) (EUABAAAE)
Keywords
Where Open Forest Protocol is headquartered
LocationHeadquarters
- HQ city
- Zug
- HQ country
- Switzerland
- HQ region
- Europe
Offices6 records
Markets served
Open Forest Protocol business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D
Revenue model
- Carbon Credit Issuance Fees: Project developers upload monitoring data which is verified by the validator network, resulting in the issuance of carbon credits. OFP takes a fee from the credit issuance process. The voluntary carbon market is projected to reach $50-200 billion by 2030 and $100 billion by 2050.
- Validator Network Fees: Validators earn fees for their services in verifying project data. The fee structure rewards early validators with OPN tokens that yield a percentage of all carbon credits created on OFP.
- NatureGrid Subscription: NatureGrid, a standalone nature monitoring platform, is offered with a 14-day free trial and is available for subscription by carbon project developers, NGOs, restoration teams, consultants, and corporate nature teams.
- Carbon Credit Trading: Carbon credits issued on OFP are tradable on open markets, creating transaction-based revenue opportunities. OFP positions itself as the infrastructure layer connecting project developers (supply) with carbon credit buyers (demand).
- Equity Crowdfunding: OFP is raising equity via Republic platform and has run a crowdfunding round, offering equity investment opportunities to retail investors alongside traditional venture funding.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | No upfront cost for project developers |
| Unit Pricing | Pay-as-you-go | Carbon credit pricing tiers for buyers |
| Freemium | Pay-as-you-go | NatureGrid 14-day free trial |
Go-to-market motion3 records
Distribution channels7 records
Marketing channels11 records
Open Forest Protocol product offering
Product offeringCore offering
Open Forest Protocol (OFP) is a blockchain-based digital platform providing end-to-end Measurement, Reporting, and Verification (MRV) for forest carbon projects at no upfront cost. It enables project developers to register forest projects, collect ground monitoring data via a mobile app, submit it to a decentralized network of validators using satellite imagery, AI and LIDAR, and receive verifiable, transparently issued nature-based carbon credits stored immutably on the NEAR blockchain.
Product overview
Open Forest Protocol (OFP) is a unified platform for digital, verifiable carbon credits built on the NEAR blockchain. The core offering consists of the OFP Platform itself, which provides end-to-end MRV (Measurement, Reporting, and Verification) services for forest carbon projects at no upfront cost. The platform integrates three primary user-facing products: the Project Operator Dashboard and Forester Mobile App (for project developers to register projects and collect ground monitoring data), the OFP Atlas (a public transparency layer displaying all project data immutably), and the Validator Network (a decentralized network verifying data using satellite imagery, AI, and LIDAR). OFP also offers NatureGrid as an add-on monitoring platform for nature project teams, combining offline mobile data collection with centralized web dashboards that integrate remote sensing data.
Differentiator
Problem solved
Functional benefit
Brands
- NatureGrid: A monitoring platform for nature project teams that brings together field data collection via an offline-ready mobile app and a centralized web dashboard fusing ground-truth data with remote sensing layers.
- Atlas
- Open Forest Starter
- OFP Ecosystem Explorer
Products and services
- Open Forest Protocol (OFP) Platform Core blockchain-based platform that delivers end-to-end MRV (Measurement, Reporting, and Verification) and digital carbon credit issuance for forest carbon projects at no upfront cost. Serves project developers, carbon credit buyers, and validators worldwide.
- Project Operator Dashboard Web-based dashboard where project operators register forest projects, submit ground monitoring reports, and track verification and carbon credit generation status throughout the project lifecycle.
- Forester Mobile App Offline-capable smartphone application for ground data collection in remote forest sites, with guided data collection tasks and automatic synchronization once cellular connectivity is restored.
- OFP Atlas Public interactive map and transparency platform displaying all OFP project data as immutable public records, showing the full project lifecycle from registration through verification, carbon credit issuance, and offset.
- NatureGrid Standalone SaaS monitoring platform for nature project teams combining an offline-ready mobile field data collection app with a centralized web dashboard that fuses ground-truth data with remote sensing layers for systematic validation and audit-ready reporting.
- Validator Network Service Decentralized network of forestry, remote sensing, NGO, consulting, and academic organizations that independently verify project data using satellite imagery, AI, and LIDAR; validators earn fees and OPN token rewards for their verification work.
Quantifiable outcome
- Projects from 0.3 ha (0.76 acres) and up can apply to access OFP
- +5 more outcomes
Companies that use Open Forest Protocol
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
Open Forest Protocol technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature8 records
Open Forest Protocol partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered flagship, core and minor.
- Government of Ivory Coast (Ministry of Forest and Water)flagshipFormal partnership signed in March 2022 to restore 20% of Ivory Coast's forest cover by 2030. OFP provides its MRV technology, Agro-Map manages the on-ground reforestation of 5,067 hectares in the Gorké forest region, and the government provides policy support and oversight. This is a national-level, multi-stakeholder consortium.
- Agro-Map (Ivorian forest project developer)flagshipLocal Ivorian company renowned for forestation expertise. Managing the Gorké forest restoration project in consortium with OFP and the Ivorian government, working with local communities for reforestation and agroforestry.
- KanopcoreStrategic partnership announced November 2023 to combine OFP's ground monitoring data with Kanop's AI/ML remote sensing models. Kanop provides satellite-based canopy height, tree height, crown cover, forest cover, and biomass measurements. The partnership leverages OFP's diverse global project data to train and refine Kanop's algorithms for ARR projects.
- Gaia GivescorePartnership announced October 2022 to introduce Gaia Gives' forest project network to OFP's scalable and accessible MRV standard. Gaia Gives is a Costa Rican crowd-giving platform. The collaboration enables local forest projects to receive free open MRV and maintain direct ownership over proceeds from their forestation efforts.
- FlowcarboncorePartnership to provide open MRV to forest projects. Flowcarbon is a blockchain-based carbon credit company. The partnership integrates OFP's verification infrastructure with Flowcarbon's carbon market platform.
- NEAR ProtocolcoreOFP is built on the NEAR Protocol blockchain. NEAR is a certified climate-neutral Proof-of-Stake chain, 200,000x more efficient than Bitcoin. OFP leverages NEAR's sharding design for scalability, user-friendly account model, negligible transaction costs, and DAO infrastructure. OFP was an early ecosystem partner.
- CIFOR (Center for International Forestry Research)coreOFP collaborated closely with CIFOR during its founding to develop its MRV methodology that is scientifically rigorous and implementable at global scale. CIFOR's delegation included OFP at COP26.
- On a MissioncoreClose collaborator during OFP's foundational development, working alongside CIFOR to build the MRV methodology for the platform.
- Uplink (World Economic Forum)minorOFP was recognized as a Top Innovator by Uplink, an initiative of the World Economic Forum, highlighting its technological contributions to environmental sustainability.
- United Nations Decade on Ecosystem RestorationminorOFP is listed as a member organization of the UN Decade on Ecosystem Restoration 2021-2030, positioning itself within the global restoration ecosystem.
- Biodiversity Credit AllianceminorOFP is a member of the Biodiversity Credit Alliance, contributing to the development of global biodiversity credit standards.
- Green Fintech NetworkminorOFP is a member of the Green Fintech Network, connecting with fintech companies working on sustainability and climate solutions.
- Climate CollectiveminorOFP is a member of Climate Collective, a community of climate-tech organizations leveraging Web3 and regenerative finance.
- NeutralcorePartnership to bring groundbreaking dMRV (digital Measurement, Reporting, and Verification) to carbon markets. Neutral provides additional technical capabilities to OFP's verification infrastructure.
- Republic (Crowdfunding Platform)coreOFP is raising equity via the Republic platform, enabling retail investors globally to invest in the company. Republic serves as the distribution channel for OFP's equity crowdfunding campaign.
Scale indicators13 records
Recent moves6 records
Expansion highlights6 records
Open Forest Protocol competitors and assessment
Company assessmentDirect peers
- Pachama: Pachama is a digital MRV and carbon credit marketplace using satellite imagery, AI, and LiDAR to verify forest carbon projects. Directly comparable to OFP as both build technology-driven infrastructure for nature-based carbon credit issuance with similar buyer and project developer segments.
- Sylvera: Sylvera provides independent carbon credit ratings and project-level MRV analytics for nature-based solutions, using satellite and AI. Comparable to OFP's verification layer and targeting similar corporate buyers and investors seeking carbon credit quality assurance.
- Flowcarbon: Flowcarbon is a blockchain-based carbon credit infrastructure company tokenizing credits and providing on-chain MRV. Directly comparable as a Web3-native carbon platform; Flowcarbon is also a current OFP partner.
- KlimaDAO: KlimaDAO is a decentralized autonomous organization building blockchain-based infrastructure for the voluntary carbon market, including tokenized credits and on-chain retirement. Comparable as a blockchain carbon infrastructure peer.
- Patch: Patch is an API-based carbon credit marketplace connecting businesses to high-quality credits across nature-based and tech-based removal projects. Comparable as a digital infrastructure layer between credit buyers and project developers, with similar buyer-side focus.
- Cloverly: Cloverly provides a carbon credit API and marketplace enabling businesses to embed carbon offsets into their products. Comparable to OFP as a digital infrastructure layer connecting carbon credit supply with enterprise demand.
Broad incumbents
- Verra (VCS): Verra operates the Verified Carbon Standard, the dominant voluntary carbon market registry globally. Although not a digital-native MRV platform, Verra sets the standards OFP must align with and represents the incumbent infrastructure OFP is challenging.
- Gold Standard: Gold Standard is a leading carbon credit certification body for both voluntary and compliance markets. Comparable as an incumbent carbon standards and registry organization whose methodology framework shapes OFP's interoperability requirements.
- South Pole Group: South Pole is a major carbon project developer, advisor, and credit provider covering forestry, renewables, and community projects. Comparable as a large incumbent in the voluntary carbon market with overlapping project developer and buyer segments.
Emerging players
- Renoster: Renoster provides satellite-based verification and monitoring for nature-based carbon projects, similar to OFP's Kanop integration. Comparable as an emerging AI/ML-driven MRV technology provider in the forest carbon space.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Open Forest Protocol social profiles
Digital presenceOpen Forest Protocol financial estimates
Financial estimateRevenue estimate
Valuation estimate
Open Forest Protocol leadership team
Management profileNumber of profiles
Profiles10 records
Open Forest Protocol funding detail
Funding detailFunding overview
Funding rounds5 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Open Forest Protocol M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Open Forest Protocol
What does Open Forest Protocol do?
Open Forest Protocol (OFP) is a blockchain-based digital platform providing end-to-end Measurement, Reporting, and Verification (MRV) for forest carbon projects at no upfront cost. It enables project developers to register forest projects, collect ground monitoring data via a mobile app, submit it to a decentralized network of validators using satellite imagery, AI and LIDAR, and receive verifiable, transparently issued nature-based carbon credits stored immutably on the NEAR blockchain.
Is Open Forest Protocol a public or private company?
Open Forest Protocol is a private company. It is classified as venture growth investor backed and is currently operating.
When was Open Forest Protocol founded?
Open Forest Protocol was founded in 2021. It employs 11 to 50 people.
Where is Open Forest Protocol based?
Open Forest Protocol is headquartered in Zug, Switzerland, in the Europe region.
How does Open Forest Protocol make money?
Five revenue lines are on record. Carbon Credit Issuance Fees are the primary driver. The others are validator Network Fees, natureGrid Subscription, carbon Credit Trading and equity Crowdfunding.
Who are Open Forest Protocol's main competitors?
Direct peers on record are Pachama, Sylvera, Flowcarbon, KlimaDAO, Patch and Cloverly. Broad incumbents are Verra (VCS), Gold Standard and South Pole Group. Renoster is listed as an emerging player.
Does Open Forest Protocol have an API?
No public API is recorded for Open Forest Protocol.
What industry is Open Forest Protocol in?
Open Forest Protocol's product category is Carbon Credit MRV Platform. Its primary akta.pro industry code is EUABACAK, Digital MRV & Traceability Platforms (dMRV, APIs, Data Pipelines, Tokenization Support), with a secondary code of EUABACAJ, Data Assurance, Audit & Attestation (ISAE 3000/3410, SOC, Chain-of-Custody). Its NAICS code is 1153 and its SIC code is 7370.