The Earth Token project aims to preserve the earth’s environment by utilizing the latest innovative technology, blockchain. The way they intend to do this is by creating a truly open marketplace, the Capital Asset Market, where producers of natural assets seamlessly can connect to and strike a deal with a buyer. This will be possible because of the nature of blockchain technology, worldwide open, transparent and secure. Anyone will have the ability to participate in various activities that aim to preserve the environment. In these times many individuals and cooperations are trying to come up with ways to help preserve the environment, but often funds can’t seem to be raised, as there isn’t an easy way to find buyers. When individuals utilize the Capital Asset Market, they will be able to purchase natural assets that have a value, which could increase or decrease as the market evolves and grows. This project is being led by ImpactChoice, a company already specialized in providing environmentally sustainable software. The Capital Asset Market will be powered by the Ethereum blockchain & their own ERC20 token, Earth Token.
The natural asset exchange platform created by ImpactChoice will unlock a plethora of elements aimed to create a better and more user-friendly experience. The platform is first of all universally accessible and transparent by being based on blockchain technology. Capital asset market will also greatly reduce risks and fees involved in the exchange of assets, such as double counting, lower lead times and registration fees. By utilizing this platform, providers and buyers no longer need to rely on a 3rd party as everything can be executed peer-to-peer through the platform. The Earth Token project is also working on interesting related projects such as energy created from waste (Syngas Earth Token) & alternative natural gas usage.
The natural asset market is gigantic. It accounts for 120 trillion dollars annually and is not expected to disappear anytime soon. Actually, energy consumption is constantly growing around the world, especially in developing countries. Therefore, there is a potentially huge untapped market here, as nobody has created an open marketplace based on blockchain where natural assets can be exchanged, until now. The vision of the Earth Token project is to eliminate the barrier of entry for normal consumers, allowing them to participate in this market & help preserve the environment.
To fund their project, Earth Token is raising funds through an initial coin offering (ICO), selling their ERC20 token EARTH. This token is going to be a part of the Natural Asset Exchange.
The sale started the 15th of December 2017
The sale ends the 15th of March 2018
The price of Earth tokens depends on which phase you purchase in, see picture below
Minimum contribution amount is 1 ETH
The total amount of tokens issued is going to be 1.000.000.000 EARTH tokens.
The company behind Earth Token, started al the way back in 2008 & have been working on natural asset solutions ever since. The launch of the natural asset exchange is scheduled for April of 2018. You can view the entire roadmap and their previous achievements on their website: https://earth-token.com
The team behind the Earth Token project has experience in sophisticated environmental sustainability solutions, software development, financial management, blockchain, smart contract development & much more. Here are some of the members.
If you wish to view their entire team, learn more about each member or check out their advisors, you can visit their website: https://earth-token.com or read their whitepaper: https://earth-token.com/pdf/impactChoice-Earth-Token-Whitepaper.pdf
A video explaining the concept and vision of the project has been prepared by the team
If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and keep yourself updated on the project by following their social media accounts also linked below.
ANN Thread: https://bitcointalk.org/index.php?topic=2198758.0
My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1855321;sa=summary
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