BitEnergi, old and new strategy - the difference explained
How it used to work?
The Buyer of mahogany trees traditionally gets legal tree ownership paper in the forest that is located in the Philippines and insured by Aviva UK. The Buyer, who doesnt get shares in the company but legally owns the trees, will sign a contract which assigns her/him as a legal owner of the trees bought. This is not a volatile investment, but a palpable asset. There is no shipping for any tree, but you will be able to see it by GPS or by visiting the Philippines Paradise!
How it works after CarboonFoot Token Plantation Applied?
The Buyer of mahogany trees will receive a digital token which is pegged against the legal tree ownership paper in the forest that is located in the Philippines and insured by Aviva UK. The Buyer, who doesnt get shares in the company but receives a token that legally owns the trees, this therefore makes the first token backed tradeable tree market in the world...
We still work on this to make it the most wanted "commodity" on the crypto market!
The BTL and NXT coins will be involved in this project at the start, then others too.