EcoToken

ECOTOKEN Transforming Carbon Capture into Tradable Assets

Created on 13th August 2023

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EcoToken

ECOTOKEN Transforming Carbon Capture into Tradable Assets

The problem EcoToken solves

It's gets the funding for carbon capture projects run by NGO's to support Regeneration of environment. Investors are allowed to come to our platform and invest in any NGO's projects, which can yield them NFT's in return that can be staked to earn further rewards. Basically this reward mechanism attracts more investors to support a project.

Challenges we ran into

The NGO could tokenize their projects, essentially creating digital tokens that represent a stake in the project or its outcomes. Investors who believe in the project's mission could purchase these tokens as a form of investment.

Tracks Applied (3)

Solana

Solana has a block time of 400ms which makes it the fastest blockchain right now and also NFTs can be seamlessly minted ...Read More

Solana

Wildlife and Environment Track

Our project supports regeneration of the environment that helps to support NGO projects who run movements to decrease ca...Read More

Web 3.0 Track

Utilize decentralized fundraising platforms built on blockchain, to attract investors who are interested in supporting ...Read More

Technologies used

React

Rust

TypeScript

nextjs

Solana

Anchor

Discussion

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