The problem Tezco solves

Our product helps reduce carbon emission, by using a global carbon currency to buy carbon-emitting products. Limited carbon emission can help reduce carbon emission to a greater extent by limiting their carbon-producing commodities usage.

Today, climate change is the term scientists use to describe the complex shifts, driven by greenhouse gas concentrations, that are now affecting our planet’s weather and climate systems. It's high time we explore solutions to such complex problems.

To achieve this, we integrated blockchain technology to achieve global standards and leveraging the power of blockchain and tezos network to provide universal and transparent transactions.

Our product also includes NFT and P2P DeFi staking that gamifies the whole process and motivates people to save the environment.

Challenges we ran into

We ran into multiple challenges during the hack. We ideated on many different ideas ranging from AI to developer-centric to Blockchain but could not get a viable idea that could be made in 40hrs. When we finally got our idea it was too far fetched to be implemented in the real world, so we had to come up with a scaled-down version of something that works on a nationwide level, that is carbon credits.

Since the buzz about cryptocurrency in 2021, we thought of making one of our own.
So the challenge was:

1. Applying the theory being used to the actual functioning of a cryptocurrency and a decentralised application.
2. Writing smart contracts and deploying them on tezos testnet (Florencenet).
3. Developing a full-fledged credits management application seamlessly installable in one tap.
4. NFT and Staking to motivate people to learn about saving environment.