Greetings to you my dear readers.Today I present a new and unique project.This is a very cool project CarbonChainTM https://carbonchain.org/ aims to develop its own blockchain ledger for carbon reduction projects – such as wind farm, solar park etc.
This will help countries to ‘prove’ to the rest of the world how they are achieving their climate change targets in the Paris Agreement.
CarbonChainTM https://carbonchain.org/ has created an incentivizing global carbon emission reduction program that allows every citizen in the world to take part in the trading of carbon credits and thus allow the development of such a block chain system. This technology will be an ‘evidenced based system’, that can be used to determine what, where and when benefits towards climate change happen and ‘prove it’.
Roadmap projekt
Carbon Credit Exchange (CCX)
The Carbon Credit Exchange (CCX), managed by Carbon Chain, off ers Carbon Credits for sale to governments and companies
alike. These Carbon Credits trade on the Carbon Credit Exchange.
Carbon Chain will be able to sell these Carbon Credits at a discounted rate by using its block chain-powered Carbon Credit
Exchange (CCX) and the Carbon Chain Token (CCT).
The discount is possible because Carbon Chain, using the funds raised by the Token Generating Event, will acquire Carbon
Credits directly from registered projects under an ERPA (Emissions Reduction Purchase Agreement), as well as by investing in
the registration and issuance costs of new mitigation projects.
Carbon Chain Tokens and Token Holders
Carbon Chain is off ering Carbon Chain Tokens (CCT) at a discounted price in the Private Sale Token Generating Event (TGE).
The Carbon Chain Token Holders will purchase these discounted Tokens prior to the Crowd Sale
After the TGE is completed, the Tokens can then be either placed on public crypto currency Exchanges at the full price or held
by the Carbon Chain Token Holders.
Carbon Credit Transaction
A Carbon Credit Transaction will be under a contract with Carbon Chain International on a 70% Token purchase from the
company at the ‘spot price’ on the day of the contract signing and 30% Carbon Chain Tokens purchased via Exchanges. The
Carbon Chain Token holders sell their Tokens directly to the Carbon Chain Clients using public crypto currency Exchanges.
When a Carbon Credit Transaction occurs, the Carbon Chain Tokens are purchased on the Exchanges by the carbon credit
buyer and presented to the company (CCI) in exchange for the carbon credits.
The carbon credits are then retired by the client to off set any carbon tax liability or to demonstrate adherence to a countries
targets under the Paris Agreement.
Carbon Credit Clients
Carbon Chain Clients come to the Carbon Credit Exchange to purchase carbon credits at discounted prices. The Clients
seeking to take advantage of the discount off ered, by entering into a contract with CCI, paying the 70% at a ‘spot price’
of Carbon Chain Tokens to the company and then purchasing 30% Carbon Chain Tokens on the public crypto currency
Exchanges to complete the trade.
Completion of a Carbon Credit Trade
After the carbon credit trade:
The Carbon Chain Token Holder receives cash from the public Exchange for the Tokens
The carbon credit purchaser receives the carbon credits
Carbon Chain has received a cash transaction and Carbon Chain Tokens deposited back to them
Members Only Exchange and Carbon Chain Project Tokens
At the completion of each carbon credit trade, Carbon Chain is holding Carbon Chain Tokens (CCT) that have been purchased
by the carbon credit buyer via Exchanges. These Carbon Chain Tokens are placed on the Members Only Exchange. (Pot B)
These Project Tokens are off ered to every TGE participant annually and each TGE participant has 7 days to accept the Project
Tokens. If a TGE participant decides not to accept/receive the project tokens within this time, their share will be distributed
to the TGE participants that have accepted such. These Project Tokens can be exchanged on an annual basis with CCI for
the equivalent volume of Carbon Chain Tokens that have been received by CCI as part of every carbon credit sale during the
preceding year. These Carbon Chain Tokens have been purchased via the Exchanges by the carbon credit buyer during their
purchase of 30% of the trade as per the carbon credit agreement with CCI and exchanged with CCI for the carbon credits in
order for the purchaser to take advantage of the discounts off ered. A transaction fee will be charged for the exchange of
Project Tokens to Carbon Chain Tokens based on the ‘spot price’ on the day of the exchange as follows;
Private Sale CCT that still hold CCT – 50%
Private Sale CCT that have sold all their CCT – 75%
Crowd Sale CCT that still hold CCT – 60%
Crowd Sale CCT that have sold all their CCT – 80%
CarbonChain Members Club e-Wallet Holders
As an example we have determined during the Private Sale, a total of 3,300 (spending $2,000 each plus 10% bonus
tokens) members and, during the Crowd Sale, a further 2,000 institutional and private buyers purchased CCT. Each year
CCI would be receiving 30% of the carbon credit trade in CCT by the carbon credit buyer from the exchanges. This would
equate too approximately 20,000,000 CCT in CCI ‘Pot B’ with which to ‘redistribute’ to the Members Club.
Therefore, 5,300 members share in 20,000,000 CCT
We would therefore off er 3,774 Project Tokens to the Members Club (and they all except such within the 7 day period).
The member can then ‘exchange these Project Tokens’ for the CCT that CCI have in ‘Pot B’ on an annual basis. Using the
following ‘transaction costs below;
a. Private Sale CCT that still hold CCT – 50%
b. Private Sale CCT that have sold all their CCT – 75%
c. Crowd Sale CCT that still hold CCT – 60%
d. Crowd Sale CCT that have sold all their CCT – 80%
We could do the ‘math’ all day… carbon credit price increasing year on year, (which is what we predict) meaning the
amount of tokens will decrease BUT, the value of the tokens would increase
Finally, if the members DO NOT request the trade of Project Tokens into CCT within the 7 day period that they were offered,
(they may have closed their e-Wallet account). The volume of CCT are then distributed to the current Members of
the Members Club only from that date onward.
The EUTS – European Union Trading Scheme
The European Emissions Trading Scheme is a form of trading that specifically targets CO2 (calculated in tonnes of Carbon
Dioxide equivalent or tCO2e) and it currently constitutes the bulk of emissions trading.
This form of permit trading is a common method countries utilize in order to meet their obligations specified by the Kyoto
Protocol, namely the reduction of carbon emissions in an attempt to reduce mitigate future climate change.
CARBON CHAIN TOKENS
Carbon Chain Token
Token: Carbon Chain Token
Token Symbol: CCT
Token price: 1 CCT = 10¢ Eth
Total supply: 550,000,000 CCT
Technology: Ethereum
Token Utility: Purchasing Carbon Credits
Carbon Chain Project Token
Token: Project Token
Token Symbol: CCPT
Token price: 1 CCPT = 1 CCT
Total supply: Determined by carbon credit trades
Technology: e-wallet
carbonchain.org 13/21
TOKEN GENERATING EVENTS (TGE)
The Carbon Chain Token is an ERC20 compatible token.
121,000,000 CCT will be issued for purchase.
There is a 40% Discount and 10% Bonus for the Private Sale
Private Sale
Hard cap:
$7.260M
121,000,000 CCT will be issued for purchase
Limits:
Minimum: 0.01 ETH
Maximum: 50 ETH
Objective - Fund marketing for the Crowd Sale
Private Sale Start:
1st September-2018 23.59 GMT
Initial price:
1 CCT = USD 0.06 / ETH/FIAT
40% Discount + 10% bonus tokens
Soft cap:
$480,000
If not reached, private sale
ETH/FIAT raised will be refunded.
Indicative Price - USD 0.06 per CCT
(40% Discount)
Private Sale End:
20th November-2018 23.59 GMT or
when all CCT Tokens allocated
for the Private Sale are sold,
whichever is the earlier
Crowd Sale
Hard cap:
$22M
220,000,000 CCT will be issued for purchase
Limits:
Minimum: 0.01 ETH
Maximum: 50 ETH
Objective - Fund the Carbon Chain Block Chain
Crowd Sale Start:
21st November-2018 23.59 GMT
Initial price:
1 CCT = USD 0.10 / ETH/FIAT
carbonchain.org 14/21
Token Allocation
Participants in the Private Sale 22% 121,000,000
Executive Panel 13% 71,500,000
Carbon Chain Founders 7% 38,500,000
Bounty/Infl uencers/Referrals 6% 33,000,000
Participants in the Crowdsale 40% 220,000,000
Team Members 3% 16,500,000
Partners 4% 22,000,000
Pot "A" Company 5% 27,500,000
Total 100% 550,000,000
More info:
https://carbonchain.org/
https://carbonchain.org/wp-content/uploads/Carbon-Chain-White-Paper-21-Aug.pdf
https://carbonchain.org/roadmap/#
https://www.facebook.com/CarbonchainInternational/
https://twitter.com/carbon_chain
Author:
bounty0x Username: - AlexDuma
Disclaimer: - This article was created in exchange for a potential token reward through Bounty0x.
Kindly conduct your due diligence before making your decision on this project from the investment and legal perspective.