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Sponsor 1 Hectare of Forestry
Sponsor 1 Hectare of Forestry
You have a carbon footprint that is exacerbated by your crypto activities.
Meanwhile, each hectare of our beautiful forest sequesters tons of carbon dioxide from the atmosphere. However, our forest needs sponsorship to qualify for a traditional carbon offset program.
Why not buy a carbon collectible NFT and obtain virtual and digital rights to 1 hectare of our forest. This includes mixed reality rights for biodiversity, virtual tourism and carbon sequestration. Just imagine the real world, metaverse and gaming possibilities...... Let's make a win-win 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.
The date is approaching fast and we’re making preparations. Don’t miss out!
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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.
Our vision for Carbon Collectible NFTs is equal access to revenue for all forests, particularly those healthy, remote, mature forests that are excluded from traditional carbon offset programs.
Our mission is to empower healthy, remote, inaccessible forests, that are not "additional", to monetize their projected carbon sequestration rates.
Our strategy is to use remote measurement techniques to estimate future carbon sequestration rates, for predictable carbon sinks, then sell virtual rights to 1 hectare blocks of forestry for mixed reality applications.
Our approach is to create a new class of digital carbon offsets for mixed reality applications, such as metaverses and gaming.
Each digital carbon offset is linked to 1 Metric Tonne ("MT") of CO2 sequestration from a real forest. This provides the same real world sequestration benefits as a traditional voluntary carbon offset or a traditional compliance carbon offset. However, we track digital carbon offsets transparently and immutably on a blockchain to prevent double counting and retroactive alterations. In addition, we use satellite imagery to provide a budgetary estimate of carbon sequestration rates for each mature, predictable forest. This minimizes the high transaction costs associated with more precise manual carbon measurements. For healthy, remote, mature forests that are predictable carbon sinks, we don't believe definitive measurement accuracy justifies the high cost of manual measurements.
In addition, digital carbon offsets are reservations for future CO2 sequestration rather than verified, historical sequestered carbon. Projected carbon sequestration is a better match for the mixed reality applications for our crypto target market. Our target market also expects digital carbon offsets to be priced in a cryptocurrency.
Our target suppliers are healthy, mature forests, that are efficient carbon sinks, but do not qualify for traditional carbon offset programs. In summary, we have developed a new business model that links an efficient but untapped supply chain to an underserved market segment.
Our supplementary goal is to understand the social challenges faced by disadvantaged forestry communities. We then motivate a crowd of socially conscious crypto enthusiasts to leverage advanced innovations like the blockchain, DeFi, DAOs and stable coins to reimagine disruptive solutions to age old social challenges. The next step in our process is to develop a sustainable and profitable business model that enables local entrepreneurs to build and scale companies that solve local problems, create alternative livelihoods and ignite local economic growth. In summary, we empower local entrepreneurs to monetize the advantages of the disadvantaged in a sustainable way then reinvest a portion of their profits into social innovation programs.
Each Carbon Collectible NFT entitles the owner to membership of the Carbon Collectible Community.
Keep up-to-date on the plans for our client's forest and plans for our Carbon Collectible NFTs
The original inspiration for our vision is the United Nations Sustainable Development Goals. However, our mission was brought into focus by the Theory of Change ("TOC") for moving "emerging economies beyond aid" through entrepreneurship. This TOC was showcased at the annual Global Impact Investors Network forum held in Paris in 2018. Since then, the evolution of blockchain-based technologies has enabled our implementation strategy. Now we have the opportunity to bring our 5 year journey to life.
We are grateful for your NFT purchase, which signals the end of our beginning and the beginning of our execution phase. We hope you choose to join us on this exciting journey to leverage blockchain-based technologies that enable us to re-imagine sustainable solutions to critical challenges through social innovation.
1. No poverty.
8. Decent work and economic growth.
9. Industry, Innovation and Infrastructure.
11. Sustainable cities and communities.
13. Climate action.
15. Life on land.
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.
The general consensus among scientists is that trees sequester carbon dioxide from the atmosphere. They ingest carbon into their trunks, branches and soil, then emit oxygen into the atmosphere.
According to environmental experts, 1 to 5 acres of mature trees can offset the personal carbon footprint of the average American. You can use a calculator to estimate your personal carbon footprint then determine the number of acres you require to offset your personal carbon emissions.
Unfortunately, the forests on our planet are rapidly depleting. In fact, the World Bank estimates that, between 1990 and 2016, the world lost 502,000 square miles (1.3 million square kilometers) of forest. This area is larger than South Africa. Moreover, according to a 2015 study in Nature Journal, 46% of trees have been felled since humans started cutting down forests. Furthermore, approximately 17% of the Amazonian rainforest has been destroyed over the past 50 years, and losses continue to rise. These facts paint a bleak picture.
In response, first we encourage you to minimize your personal carbon footprint. Second we encourage you to offset whatever emissions you cannot eliminate.
Please note, the popular personal carbon footprint calculators may not take into account your crypto carbon emissions.
Furthermore, your Carbon Collectible NFT is not a historical or traditional carbon offset. Instead, we use a percentage of your purchase price to sponsor 1 hectare of trees in the Volta Region of Ghana. This sponsorship helps local communities, who do not qualify for traditional carbon offsets, to prevent illegal logging. In addition, this sponsorship helps members of the local community find, or develop, alternative livelihoods. We believe blockchain-based technologies empower local entrepreneurs to innovate local solutions to local problems and create attractive alternative livelihoods. This type of social innovation can provide new and enduring solutions to age old social problems. In addition, we believe that more profitable sources of income, that are sustainable, are the best deterrent against the root causes of illegal deforestation activities.
More specifically, your Carbon Collectible NFT enables 1 hectare of trees to continue sequestering carbon from the atmosphere for the duration of your NFT. According to experts, 1 acre of mature trees can sequester carbon at a level equivalent to 8.5 voluntary carbon offsets (Urban Forestry Network). That is approximately 20 voluntary carbon offsets per hectare. We use a much more conservative estimate of 4 "digital" carbon offsets per hectare based on satellite imagery. This eliminates the excessive costs of international consultants until the forests have the funding to comply with the complex registration requirements for traditional carbon credits. Although satellite images are imprecise, they offer financial equity for forest areas that are inaccessible and also for forest areas where a human presence could be detrimental. The virtual estimate for our forest is based on satellite-based sequestration data provided by Global Forest Watch. Please note this satellite data is not designed to be the sole method to calculate traditional compliance carbon offsets or traditional voluntary carbon offsets. However, we use it for our digital estimates to support forests that do not qualify for traditional carbon offsets.
Digital Carbon Offsets offer equal access to revenue for forests that lack resources to comply with requirements for traditional voluntary and regulated carbon offsets. These forests may be too remote for manual measurements and may lack additionality. Crypto revenues offer excluded forests a pathway to compliance.
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