MOSS, an environmental platform providing tokenized carbon credits to companies and individuals. Is gaining momentum. Since its inception 8 months ago, the sale of carbon credits by MOSS pays for REDD + environmental projects that, through their sustainable activities, jointly protect and preserve an area of approximately 1 million hectares.
Modernizing Conservation Efforts
Amazonia is the largest tropical forest in the world. It covers nine countries, stretching from the Atlantic in the East to the Andes’ Tree Line in the West, covering an estimated six million square kilometers.
It is one of the most diverse, with a diverse ecosystem of Flora and Fauna, unlike any other place in the world. This can partially be attributed to the Amazon, the second-longest river in the world after the Nile and the biggest by discharge.
According to the World Wide Fund (WWF), deforestation efforts in this part of the world are the biggest and most problematic globally. Concerted efforts by governments, non-profit organizations, and individuals are ongoing to prevent further clearance of vegetation and irreversible ecological disaster.
The involvement of MOSS, the largest carbon platform in the world, is necessary. While many people want to do something to address this deforestation and other efforts having a negative impact on our climate – there is no convenient way to do so. This concept had to be modernized rather than remaining an analog concept. Through blockchain technology, a modern and digital solution now exists and accessible by anyone.
Through this modernization effort, MOSS supports dozens, if not hundreds, of initiatives worldwide. The Amazon rainforest is just an example of what can be achieved through revolutionary technology. Saving our planet will require a monumental effort, yet the battle has become slightly easier.
Why Blockchain Matters
According to a BTC Peers report, the blockchain is an emerging technology with transparency and security features that governments across the world are desirous of spearheading.
After launching in Q1 2020, the MOSS platform has established itself as one of the world’s largest voluntary carbon credits platforms. They have cumulatively exchanged carbon credit tokens equivalent to 900 thousand tons of CO2, or $25 million.
As the largest carbon credit registry’s official global agent, the MCO2 Token code has been audited by CertiK and Perkins Coie. Further checks are being done by Armanino and Ernest Young (EY).
The MOSS platform has its native token, MCO2. The ERC-20 token is a global Carbon Credit Token. As per Etherscan data, there are 1,931,766 MC02 tokens in total distributed to 530 unique addresses from where 1,006 transfers have been made.
Both consumers and companies can obtain MCO2 tokens to offset their carbon emissions. It is a very simple, yet incredibly powerful solution to make an impact on CO2 emissions globally. By making this process more accessible, a lot more can be done in a shorter timespan.
The MCO2 Token and Carbon Credit Link
Through tokenization, there is an enhanced ability for users to receive compensation for their fight against greenhouse gas emissions in a broad range of circumstances. Furthermore, with the MCO2 token, there is more latitude for users to innovate, creating new use cases for carbon credits.
The MCO2 token is designed to be as simple as possible, allowing it to act as the building block or foundation of other applications. For instance, blockchain enthusiasts can use the token to ingrain carbon offsetting on other tokens or smart contracts. Furthermore, special applications can be built to allow businesses or individuals to acquire the token and offset their carbon-emitting activities.
Presently, the MCO2 token serves several functions. One of them is to democratize carbon offsetting, raise funds for environmental conservation, and reduce greenhouse gas emissions. Every token is swapped for carbon credit from a Voluntary Carbon Registry (VCS) certified environmental project.
By leveraging the Ethereum blockchain, the MCO2 project makes carbon credits accessible, programmable, and composable, a revamp of market structure and token swapping. A huge change compared to an obfuscated, inaccessible, and analog aspect of the global economy.
Each carbon credit represents one ton of carbon captured. Therefore, when a company or an individual receives one carbon credit, they have successfully helped capture and correct the dumping of one ton of carbon. By digitizing carbon credits, MOSS can forward the money from every token sale to combating green gas emissions and preserving the environment.
Through the token, global entities willing to reduce their carbon footprint can easily and transparently receive their compensation for their decision. MCO2 token is live and listed, since August 2020, on the FlowBTC cryptocurrency exchange. More platforms to acquire this token will be added, allowing consumers and corporations from all over the world to participate in these crucial efforts.