PURCHASE CONDITIONS
1. We plan to sell up to 20,000 NFTs and over allocate up to 4,000 hectares of forestry.
2. We plan to sell these NFTs progressively.
3. The current term of our agreement for our client's forest is 30 years.
4. Each Carbon Collectible NFT is valid for 1 to 10 years. The current owner can renew their NFT by paying the renewal fee prior to the annual expiration date.
5. We reserve the right to increase the annual renewal fee for each NFT. We currently expect to increase the renewal fee by our 5% annual inflation rate. However, this is subject to change without notice.
6. Any NFTs that are not renewed by the current owner will be returned to our NFT treasury in preparation for re-sale. In the event of a re-sale from our NFT treasury, the history of that NFT will not be transferred to the new owner.
7. Any owner can sell their NFT to a new owner in a private sale. A private sale will transfer the NFT's history to the new owner.
8. However, we may offer membership benefits to owners of our Carbon Collectible NFTs. These benefits may increase based on the number of consecutive years of "unchanged" ownership of each NFT.
9. Each purchase order from the NFT treasury has a limit of up to 100 different NFTs.
10. Each purchase order from the NFT treasury has a prepayment limit of up to 10 years for each NFT. The price, at the time of purchase, will be used for each year in a multi year order thereby avoiding annualized price inflation.
11. A single purchase order can range from 1 unit (1 NFT for 1 year) up to 1,000 units (100 NFTs each for 10 years).
12. For our progressive sales plan, we plan to sell a percentage of available treasury NFTs based on the secondary market price rather than the price calculated by our inflation rate.
Ecosystem Market place - A Forest Trends Initiative
Debunked: Eight Myths About Carbon Offsetting
In this chart the ave. price for tree planting offsets in voluntary markets is $7.50. New trees sequester carbon at a lower rate than mature trees. Our NFT price is $10 per digital carbon offset for mature trees. Our price also includes funding for our social innovation program, which develops alternative livelihoods.
Each Carbon Collectible NFT sponsors 1 hectare of mature trees that have an equivalent carbon sequestration benefit of approximately 4 digital carbon offsets (4 MT of CO2). The price of each Carbon Collectible NFT is $40. The price for a 10 year term is $400 which protects you against price inflation.
Please note, the chart above indicates that companies have a median internal price of $18 for a tradition carbon offset. In addition, the World Bank's estimated real Cost of Carbon is $30 per carbon offset.
Moreover, the current price to pollute in the European Union is around 33 euros ($38) a ton. According to Sarah Breeden, who leads the Bank of England's work on climate-related risks, the cost of pollution allowances will need to rise significantly in order to achieve targets in the Paris Agreement to limit global warming to below 2 degrees Celsius. Carbon prices may even exceed $100 if the transition to a low carbon economy is abrupt, or bumpy. Breeden, is the central bank’s executive director responsible for the supervision of the U.K.’s banks, building societies and credit unions.