Post
Topic
Board Project Development
Re: Buying forest with bitcoin
by
cryptolauris
on 16/04/2024, 17:10:57 UTC

Well, there is significant amount of research done to build methodologies for carbon credit certifications, first carbon offsets come in 5 years representing the amount trees absorbed in those first 5 years. When the tree is mature it actually absorbs CO2 very slowly, therefore, forest plantations actually offset more than overgrown tree.

Providing detailed data about where the trees will be planted and how this can be verified is necessary, and because the trees grow and do not move, to gain credibility, mapping tree (tree’s GPS data) must be encoded in the form of an NFT token and then sold on this basis.

https://www.youtube.com/watch?v=GLsO6XOaTwo

You have a registration number Reg. No. 4445554465 I did not find any data planted with that registration number, without proving that there are real trees being planted. This is an investment scheme, and with an ROI of 50%, this is a scam.

Yes, bringing the technology to forest is in our plans. We certainly, want to use available technology to map out the area and get as much as possible data.

Not sure how you are thinking to find data on forests planted with registration number of the company, is there a way to check that? Cheesy

The ROI stated there is based on 10 year investment period and that's realistic return for forests. I understand that our first website version may look as scam and we have not obtained licences yet which we can showcase on our website, however, the aim of the post was bit different.