Kariba REDD+ project joins EARTH token project
We are excited to announce that natural assets provided by Kariba REDD+ will be the first supply side project to make natural assets available for sale on the EARTH token Natural Asset Exchange (NAE). The Kariba REDD+ project has a long standing relationship with impactChoice and will be using EARTH token for the settlement of transactions on the platform.
“Carbon Green Investments as project proponent to the Kariba REDD+ project are pleased to be a preferred supplier of Voluntary Carbon offsets to the EARTH Token project. Carbon Green Investment sees this advanced initiative of climate change mitigation as a positive step to keeping up with the ever developing world we will live in.” — Steve Wentzel — Co-Founder, Carbon Green Investments.
Specifically, Kariba REDD+ will act as an inaugural supplier on the NAE and begin loading natural assets and make them available for trade from the first day of operations. Demand side buyers will be able to purchase Kariba REDD+ natural assets using the EARTH token.
All purchases of Kariba REDD+ natural assets and amounts will be recorded on the blockchain, leaving an open, transparent and auditable trail of the trade. Kariba REDD+ see the EARTH token and NAE initiative as an innovative approach toward a sustainable future, recognizing that the NAE can open up the market beyond the current buyers that is predominantly made up of international companies.
“Having supported the Kariba REDD+ project for a number of years we are excited to see them join the NAE initiative as early adopters on the supply side. We look forward to ongoing collaboration with Carbon Green Investments and the Kariba REDD+ project on our mutual journey towards driving the use of carbon credits as a cornerstone component of environmental sustainability efforts.” — Leonard Harley — Managing Director, impactChoice.
impactChoice will launch a token pre-sale of its ERC20 Standard cryptocurrency, EARTH Token (EARTH) on November 17, 2017. The main token sale will commence one week later on November 24. The goal of the project is to combine the strengths of Blockchain and Cryptocurrency with years of experience creating Environmental Sustainability Solutions to establish a global Natural Asset Marketplace that removes current barriers to participation in activities that preserve our Environment, while providing all stakeholders with tangible assets that appreciate in value as the market matures and grows.