MiCA, Kyoto, IPCC, and the UN all have environmental footprints. There have been too many parties who have challenged us in recent years. Everyone believes that combating CO2 emissions and climate change is critical. However, these warnings are unable to address the Earth’s immediate demands.
CarbonABLE is an unusual and exceptional project that intends to use DeFi to build a bridge between Web3 and the real world. To do so, crypto-investors are encouraged to take part in environmentally friendly and morally sound projects. There, blockchain technologies are being deployed as feasible solutions to help nature rejuvenate.
CarbonABLE: the DeFi that regenerates nature
CarbonABLE’s strategy is based on reducing CO2 emissions. It is therefore a question of understanding the concept of carbon credit introduced in 1997 by the Kyoto protocol. “A carbon credit is a permit that allows the owner to emit a certain amount of carbon dioxide or other greenhouse gases.” Since the introduction, a voluntary market for carbon credits has appeared. Natural areas, such as forests, for example, constitute what is called “carbon sinks”. They absorb CO2 and generate these famous carbon credits. Companies can then purchase carbon credits on this market in order to achieve carbon neutrality for their operations.
CarbonABLE plans to use this incentive structure to fund nature regeneration projects and sell the carbon credits that result in a transparent and trustworthy manner. This is a task that blockchain and NFT technology make very easy to do. CarbonABLE, therefore, selects projects based on their ability to absorb CO2. These initiatives are illustrated by plots of land: they are sold in the form of a collection of NFTs on the CarbonABLE marketplace. It is therefore a real launchpad for projects aimed at regenerating nature and decarbonizing the atmosphere.
The purchase of NFTs representing these plots allows the funding of these projects to be streamlined and expedited. As a result, NFTs provide irrefutable proof of participation in real acts of natural regeneration. Consequently, they give the right to a financial rent (passive income) based on the resale of the carbon credits linked to them.
The NFT CarbonABLE victims of their success!
The first mint, dated May 6, 2022, aided in the regeneration of Costa Rica’s Banegas jungle.
The Corcovado Foundation is dedicated to reforesting this area so that the forest can once again expand. For this occasion, 8000 trees native to the area will be planted. Over the following 30 years, they will be able to trap 1851 tonnes of carbon emissions. The operation was a huge success, with the entire collection being sold in less than 2 seconds! The pleased owners of these NFTs will be able to claim their participation in the reforestation effort today, as these NFTs represent a plot of abandoned land near the Banegas forest.
On May 10, 2022, the second mint was held. CarbonABLE is funding a project in Las Delicias, Panama, on the island of Colón in the Bocas del Toro archipelago. Planting mangroves, a tropical habitat that can store 3 to 5 times more carbon than a forest, is part of the proposal. What is the goal? Mangrove forests, which were once used to safeguard coastlines, should be restored.
On the other side of the blockchain, the whole Luna network and UST were reduced to nothing, while 360 NFTs, each representing 500 m2 of wetlands, were successfully created and sold in minutes. Investors were not scared by the crisis, quite the opposite!
Carbon-neutral: a win-win situation for the environment and you!
By purchasing an CarbonABLE NFT, you will be assisting in the regeneration of nature. This investment will pay off for you in the long run. They are derived by CarbonABLE’s sale of carbon credits associated with the projects. These gains will be distributed to NFT holders in the form of stablecoins. As previously stated, the credits collected on all of the projects’ plots are traded on the voluntary market for carbon credits. These credits are being sold in stages. Their pricing is supported by commercial reality and the ecological emergency. According to projections, demand for these credits will skyrocket by 2050. As a result, the most optimistic forecast a 100-fold return.
Blockchain and its derivatives can very well be useful tools in the fight against climate change. A practical and concrete way to actively assist in ecological projects that are in need of huge and immediate financial help. Owners of NFT CarbonABLE will receive CARBZ, a utility token that will be released in the following months, as a thank you for their investments. These tokens will impart governance rights and exclusive benefits to their holders in addition to their traditional value on the crypto exchanges.
Currently, on the Cosmos protocol (Juno blockchain), known to be energy efficient, the CarbonABLE ecosystem is therefore taking root in decentralized finance in a virtuous way. A positive actor at the heart of the problem, the remunerative model it offers motivates both ambitious projects for the future of the planet, companies aiming for carbon neutrality, and responsible investors, happy holders of NFT CarbonABLE. A multi-party agreement guaranteed by the power of the blockchain, for the greatest happiness of the Earth. The blockchain and its derivatives, therefore, become relevant tools against climate change. A practical and concrete solution to participate directly in ecological projects awaiting massive and rapid financial support.
