Can Blockchain save the Amazon Forest?
In the heart of the Amazon rainforest, a groundbreaking convergence of environmental conservation and cutting-edge technology is underway. Pioneering projects are emerging, leveraging blockchain technology and tokenizing carbon credits to create innovative solutions aimed at preserving the delicate equilibrium of the world’s largest tropical rainforest.
MOSS Earth
MOSS Earth serves as a carbon bridge, tokenizing and connecting carbon credits sourced from off-chain carbon market registries onto the blockchain. The primary objective is the preservation of the Amazon rainforest, achieved through MOSS’s unique mission to incentivize protection and restoration efforts led by local landowners and farmers. By harnessing the power of NFTs and web3 technology, MOSS has embarked on a transformative journey to safeguard the Amazon Forest through the tokenization of carbon credits.
Green Wall Club
In 2022, MOSS introduced a revolutionary initiative involving the issuance of NFTs, listed on OpenSea and the Polygon network. These NFTs play a crucial role in constructing a “green wall,” acting as a formidable barrier against deforestation. The aim is to make deforestation a challenging endeavor, fostering a sustainable balance between human activities and environmental preservation.
MCO2
MCO2 stands as an on-chain carbon-backed ERC-20 utility token derived from MOSS, designed to expedite the adoption of carbon credits and channel investments into certified local projects. Serving as a standard for creating and executing smart contracts on the Ethereum blockchain, MCO2 facilitates the exchange and retirement of tokenized carbon credits. All projects affiliated with the MCO2 token adhere to REDD-compliance, a vital component of the Paris Climate Agreement for reducing emissions from deforestation and forest degradation.
Project Highlights Behind MCO2
The MCO2 token represents a collective pool of tokenized carbon credits sourced from projects at the forefront of preventing deforestation and protecting the Amazon rainforest. These credits, Verra-certified and compliant with the REDD standard, underpin the MCO2 tokens. Notable projects include:
- Santa Maria REDD: VCS & Social Carbon
- Madre de Dios REDD: VCS & CCB Gold, Community, Climate, and Biodiversity Standard
- Agrocortex: VCS & Social Carbon
- Fazenda Fortaleza Ituxi Project: VCS
MOSS Bridge
Distinguishing itself from counterparts like NCT and BCT, the MOSS Bridge is uniquely dedicated to Verra-certified nature-based credits, specifically targeting emissions reduction from deforestation based on REDD standards. In contrast, NCT and BCT offer a broad spectrum, encompassing diverse methodologies, standards, and geographic locations. MOSS Bridge emerges as a specialized, pioneering force in the pursuit of carbon neutrality and environmental conservation.
Conclusion
The intersection of environmental conservation and cutting-edge technology has given rise to innovative projects aimed at preserving the Amazon rainforest. Leveraging blockchain technology and tokenizing carbon credits, these initiatives represent a promising step toward sustainable practices and global climate change mitigation. By establishing transparent and decentralized systems, these projects not only enhance accountability but also provide new avenues for individuals and organizations to actively participate in safeguarding one of the world’s most vital ecosystems.
About Crypto Diva
I’m already in the Future… Meet me there! Blockchain Technology is my passion and I have dedicated my career and research path to DeFi. My ultimate goal is to encourage more female professionals in the DeFi industry.
As the Sales and Marketing Manager of coinIX , I’ve got the privilege of being in close contact with Blockchain investment firms, as well as the innovative web3 projects which are creating the foundations the future financial world. I love to make the impossible possible and i’m willing to go the extra mile for that. Be my companion in my DeFi journey and I’ll show you everything.
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