Post
Topic
Board Project Development
Re: Buying forest with bitcoin
by
cryptolauris
on 17/04/2024, 13:06:05 UTC
Token is backed up by the forest so token holder will earn dividends from carbon credit income and forest land value increase. We plant the forest and it will be certified with Verra (globally recognised certification). Growing trees absorb the CO2 and the amount of CO2 offset will be calculated by independent auditors who issue certificates that can be sold.
How will you calculate the amount of CO2 that the plants (first confirm whether are you talking about the real ones) will absorb? I mean there is no authentic or logical number to it or is there any. Well, the concept is quite amazing for me, maybe there would be some work already done on this but I am not aware.

That's why I find this amazing, but eager to know how and according to which equation you will calculate the amount of CO2 a plant is in-taking as different have a different amount (that I can tell) plus don't you also consider a factor of O2 that they will be providing us. Overall, I will not say for sure that I will test it, but let's see if your platform will convince me, you should build it first completely then do some marketing I hope you will get some investors soon.

The amount of CO2 trees absorb are calculated with scientifically developed methodologies and algorithms. We are not going to do it ourselves and leave this part to our partners. There are multiple factors they use to calculate that, such as, soil fertility, tree species, biomass area etc. You can dive more in depth here https://verra.org/wp-content/uploads/2023/09/VM0047_ARR_v1.0-1.pdf