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change credit additions
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change-credits/cc-minting.md

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Because Change Credits are only minted following confirmation of realized, tangible, and verifiable impact, the process by which these assets are created follows a number of steps and involves multiple types of actors.
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### Participants
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## Participants
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Good Generator
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: A Good Generator is the implementing organization responsible for seeing the planned impact results achieved. It is through the actions of this entity, often an NGO or social enterprise, that positive externalities are produced. Because contributions and funds can be seamlessly fractionalized and divided, a Good Generator can also be a collection of multiple contributors working collaboratively.
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Verifier
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: Verifiers exist to both validate, measure, and quantify any impact produced. Verifiers are defined by the Good Generator of the project with a focus on local context and relevant expertise. Verification can be conducted by a single individual or organization or the responsibility can be dispersed through a set of Verifiers with a specified quorum required.
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### Minting Flow
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## Minting Flow
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```mermaid
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sequenceDiagram
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3. Partners begin contributing funds into the project's TBA in exchange for IOUs redeemable for Change Credits once the latter begin to be minted. These funds are then remitted to an account from which the Good Generator can spend to cover the costs of their work. This process can be done in an open-ended asynchronous manner, with funds being contributed to the project through the project's lifespan.
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4. As the Good Generator carries out their work to produce impact, they periodically submit evidence for review. This evidence is published via the Ethereum Attestation Service (EAS). These claims are then reviewed and approved or rejected by Verifiers.
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5. Once evidence is confirmed by Verifiers, Change Code intakes the data provided to assign a quantity of Change Credits to be created and mints them via the project's TBA.
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6. With Change Credits minted and available via the TBA, the project's Partners can redeem their IOUs and receive their proportional share of Change Credits.
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6. With Change Credits minted and available via the TBA, the project's Partners can redeem their IOUs and receive their proportional share of Change Credits.
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## Change Credit Ownership

data-schemas/change-credits-spec.md

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---
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label: Change Credits Specification
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---
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Change Credits are non-fungible (NFT) tokens implemented according to the ERC721 standard, the most commonly used NFT standard in web3.
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To define a inside the Changescape, the following specifications are made:

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