Let's Make a Deal

We have rights to 24,000 hectares of mature forestry. We plan to allocate up to 20,000 hectares to underwrite up to 20,000 NFTs - 1 hectare per NFT. We will hold 4,000 hectares in reserve as a 20% contingency. Of course, this is subject to change.

Note: 1 hectare is approximately 2.471 acres or 0.01 Km2.

Buy a Carbon Collectible NFT and receive virtual and digital rights to 1 hectare of mature forestry. This includes mixed reality rights and also carbon sequestration rights measured using remote satellite imagery. Your NFT, also grants you rights to the artwork of your NFT under a creative commons license CC BY-SA 4.0.

© 2021. This work is licensed under a CC BY-SA 4.0 license.

The digital rights attached to your Carbon Collectible NFT are tracked on the Polygon blockchain.

We expect our launch price to be $400 for a 10 year Carbon Collectible NFT. That is $40 for the digital rights to 1 hectare of mature forestry per year. We will limit each sale to 100 NFTs for each unique public key. We expect the initial launch to be at least 1,000 NFTs. However, all of this is subject to change.

We expect our second release to include 4,000 NFTs. We have not yet decided the price for the second release. However, we expect to limit each purchase in the second release to 100 NFTs for each unique public key. You can use the same public key in both the initial release and the second release for a maximum of 200 NFTs. However, all of this is subject to change. We have not yet finalized our release plan for the remaining NFTs in this collection.

We plan to use approximately 65% of your purchase price to fund forest management activities, social innovation opportunities and other local costs. This gives the forest the option to pursue the registration process for a traditional carbon offset program.

Please note, according to Pearson et al, traditional carbon offset projects spend 0.3 to 270% of your purchase price on transaction costs. The upper end of this range implies that when you buy a traditional carbon offset you may be funding the intermediaries while the government is subsidizing the forest. We believe the excessive overhead for traditional carbon offsets does not justify the added accuracy provided by manual measurements for healthy, remote, mature forests. We believe €25,000 for two of many site visits for a compliance process is excessive and unaffordable for many mature forestry projects that have predictable carbon sequestration rates. We value common sense conservation over non-inclusive regulation.

We believe a better approach to monetize healthy, remote, mature forests is to accept budgetary measurement accuracy for predictable forestry projects, using satellite imagery alone. This eliminates excessive costs for unaffordable manual measurements that seek definitive accuracy for a well understood, low risk, predictable carbon sink. Conversely, definitive measurement accuracy is critically important for new, high risk, unpredictable CO2 extraction devices whose sequestration efficiency is unproven. Using satellite imagery alone to estimate carbon sequestration rates for predictable carbon sinks enables a larger percentage of your purchase price to benefit the project rather than fund non value added intermediaries.

According to Wikipedia a carbon offset is a reduction in emissions of carbon dioxide or other greenhouse gases made in order to compensate for emissions made elsewhere.[1][2][3] Offsets are measured in tonnes of carbon dioxide-equivalent (CO2e).

According to the Carbon Offset Guide, compliance carbon offset markets are created and regulated by mandatory national, regional, or international carbon reduction regimes. Voluntary carbon offset markets function outside of compliance markets and enable companies and individuals to purchase carbon offsets on a voluntary basis with no intended use for compliance purposes.

The table above is an extract of some of the costs to establish a carbon forest project as determined by forest-trends.org - "Building Forest Carbon Projects Business Guidance". Remote, disadvantaged forestry communities don't have the resources to comply with requirements for traditional carbon offsets.

Many mature forests are excluded from the traditional carbon offset industry for a number of reasons, including the fact that they are existing, and not additional, or because they cannot afford the high costs of compliance. Many registries have complex and expensive requirements that crowd out poorer, disadvantaged forestry communities who cannot afford the very expensive fees charged by international Consultants. Moreover, these registries will only certify projects that provide new or "additional" carbon sequestration. This excludes many existing forests that have high carbon sequestration rates that are predictable but are regarded as "business as usual".

Unfortunately, this creates a triple penalty for many disadvantaged forestry communities.

1. First, they chose to preserve their forests rather than leverage deforestation to trigger generations of compounded economic growth.

2. Then they were penalized by global warming, that was exacerbated by other communities who chose to cut down their forests to help fuel their industrial revolutions that dramatically increased CO2 pollution.

3. And now, the main registries, for traditional carbon offsets, will not certify these mature forests because their carbon sequestration is regarded as "business as usual" rather than additional. Yet, if these disadvantaged communities had cut down their forests 200 years ago and benefited from generations of economic growth then started a reforestation program today, then these same registries would consider the reforestation project for certification. Many people in these disadvantaged forestry communities are dismayed by these policies and see illegal logging as their only viable economic option. For disadvantaged forestry communities, "additionality" appears to reward deforestation and encourage illegal logging.

Yet the literature supports the overwhelming value of mature forests as carbon sinks. As an example, Global Forest Watch, who has no affiliation with this project but kindly makes satellite-based forestry data available for use, states the following....

Overall, the data show that keeping existing forests standing remains our best hope for maintaining the vast amount of carbon that forests store and continuing the carbon sequestration that, if halted, will worsen the effects of climate change.

While planting new trees (the right way) or letting them regrow naturally can play a role in mitigating climate change (and helping communities adapt to its effects), the new data show that forests that have sprouted up in the past 19 years represent less than 5% of the current global forest carbon sink.

Although important to give these young forests the chance to grow into old ones, protecting primary and mature secondary forests today is most important for curbing climate change.

We believe that disadvantaged communities who have healthy, remote, mature forests that are existing and not additional, should be celebrated not subjected to serial penalization. Carbon Collectible NFTs are designed to right this wrong and provide equal access to forestry revenue.

We therefore see a need to reward communities who chose the global benefits of forest preservation over the local benefits of generational economic growth, who also cannot afford to comply with current restrictive and excessively expensive carbon credit programs.

Our vision for the future state is a Carbon Collectible NFT that empowers you to mint a carbon allocation that gives you future rights to the carbon sequestration equivalent of approximately 4 Metric Tonnes of CO2 per year. This carbon sequestration rate is equivalent to 4 digital carbon offsets per year.  A "digital" carbon offset is defined herein as 1 MT of projected carbon sequestration estimated using remote digital technology, such as satellite imagery. Calculate  your personal carbon footprint to determine how many Carbon Collectible NFTs you require to offset your carbon emissions.

We use a portion of your NFT purchase price to sponsor 1 hectare of mature trees. This enables the local forestry communities to:

1. Prevent illegal logging of trees,

2. Implement forest management activities that help the forest qualify for a certified carbon offset program and

3. Fund a social innovation studio (like a startup accelerator) that leverages innovations like the blockchain, DeFi, Stable Coins and DAOs to finance and grow businesses that reimagine profitable and sustainable solutions to local social challenges.