Our environment is at stake. Deforestation is happening at a rapid rate. Our planet loses forests equivalent to 27 soccer fields every minute. This means that more than 75,000 square kilometres of land are cleared in a year.
As expected, this is going to take a toll over our planet. Thankfully, a group of German entrepreneurs have come together to work on a blockchain-based project to save trees in Paraguay which is one of the worst affected countries by deforestation.
What is the Project All About?
TreeCoin, a blockchain-based project aims to stop deforestation by offering the participants a share in an ambitious reforestation project. The project plans to plant eucalyptus trees in vacant areas which are at least 20% bigger than the city of Paris.
The company believes that they will generate a profit by selling valuable eucalyptus timber every four years, in addition to saving trees from cutting down. The profit earned will then be reinvested to purchase more land for growing trees, and the cycle will keep on continuing.
The project was exhibited at BlockShow Asia by a group of German businessmen led by Mr Green, Mr Jorg Schafer.
The Idea Behind
A security token, called TREE, will be issued under Swiss jurisdiction. The token purchaser has the right to decide the number of trees that they plan to start with. Initially, one TREE token is equivalent to the plantation of one tree, which will be around $23, including all the management overhead and land purchases, the company revealed.
TreeCoin plans to invest 50% of the profit thus generated to buy more land to plant more trees, while the 10% will be donated to the social causes supporting nature, water treatment, and the likes.
The project scope is estimated to be 22 years, and during this period, TreeCoin plans to cover 597 square kilometres.
Other Nuances
The project is backed up by the Paraguayan government, and the TREE coins will be treated as a legal tender, according to the company. The local workforce will be paid ‘above the average’, and 20% of their wages will be paid in TREE coins directly to their e-wallets.
The company plans to collaborate with local grocery stores to offer discounts between 15 and 20% on purchases made through TREE coins.
The team admits that this initiative might not stop the extinction of the rainforest, but it will surely set up the right example for the business world.
Related article:
Throughout the grand scheme of things you receive a B- for effort. Where you actually misplaced me was first on your particulars. As as the maxim goes, details make or break the argument.. And that could not be much more correct here. Having said that, let me tell you precisely what did deliver the results. Your writing is definitely quite convincing and this is most likely the reason why I am making the effort in order to opine. I do not really make it a regular habit of doing that. Second, even though I can notice a jumps in reasoning you make, I am not necessarily convinced of exactly how you seem to unite your points which inturn help to make your final result. For now I will, no doubt subscribe to your point but wish in the near future you link your dots much better.
zithromax classification augmentin vomiting cephalexin cap
Thanks for this wonderful article. One other thing is that the majority of digital cameras are available equipped with a new zoom lens that permits more or less of your scene to become included by simply ‘zooming’ in and out. All these changes in {focus|focusing|concentration|target|the a**** length tend to be reflected within the viewfinder and on substantial display screen on the back of the actual camera.
Sejak game slot online berdiri dari permainan offline yang ada di casino besar di luar negri sudah lama. Pihak developer melihat suatu peluang dimana seorang pemain judi bisa memainkan game slot online melalui smartphone yakni melalui Android dan IOS tanpa perlu menginjakan kaki keluar negri. Perkembangan teknologi yang pesat bisa disebut sebagai pemicu hadirnya game slot online dari perusahaan terkenal sejak 20 tahun lalu. Anda bisa memainkan banyak game slot online melalui BONANZASLOT88 yang dinobatkan sebagai situs judi slot online terbaik 2022. BONANZASLOT88 mempermudah anda untuk mengakses serta memainkan game slot favorit anda dengan menggunakan smartphone Android dan IOS, tablet, laptop dan komputer. RADIUMPLAY merupakan situs slot gacor hari ini yang menawarkan ribuan slot terbaru yang pastinya menarik dan tidak membosankan. RADIUMPLAY juga mendatangkan koleksi slot gacor maxwin dengan segudang pilihan dilengkapi RTP live tertinggi serta nilai maxwin paling memuaskan. Terdapat belasan provider slot gacor yang berkerja sama dengan kami dan semuanya adalah perusahaan iGaming teregulasi resmi. Produk slot gacor mereka juga dipastikan lolos sertifikasi aman dan sangat terpercaya untuk dimainkan.
http://hopeshare.or.kr/bbs/board.php?bo_table=free&wr_id=9197
There’s lots of slot machines to choose from for starters. See if you can get a jackpot while you play the Fright Night or Gone Fishing ones. Card sharks will love the Texas Hold ‘Em table while other players might want to press their luck at the roulette wheel. There’s even challenging versions of Bingo and Solitaire you can try. Resorts World Casino opened in New York City in 2011, making it the state’s first commercial casino. Over the years, the casino has generated more than $3 billion in revenue to support the public school system in New York. myVEGAS is the official mobile and Facebook game of MGM Resorts and MGM Rewards. This free-to-play app offers an ever-expanding collection of slot and table games and gives you amazing rewards from your favorite MGM Resorts destinations. You can earn free hotel rooms, meals, show tickets, and more. No wonder it’s the #1 Free Casino App on iTunes and a fan favorite on Google Play and the Amazon Kindle stores as well.
Pretty section of content. I just stumbled upon your blog and in accession capital to assert that I get in fact enjoyed account your blog posts. Any way I will be subscribing to your feeds and even I achievement you access consistently rapidly.
https://indianpharmacy.pro/# buy medicines online in india
William Hill Poker is now available on mobile thanks to their new Poker App. With easy setup, free download and fast performance the new app is the latest safe and secure way to play William Hill Poker on the go. Create a new one at this point if you don’t have an account. Once you have logged in and made a deposit, you can start playing on any of the William Hill Casino games like real money online slots and live dealer games in the Live Casino or Vegas section of the site. You can sign up for free at William Hill online and then claim bonuses on the first deposits or transfers. Make sure that you opt in for the preferred promotion and the bonus funds will be added instantly. A William Hill bonus code is not required to access the promotion. The William Hill Vegas welcome bonus is indeed a generous one. It’s not the most complicated one that we’ve ever seen. But where does this sign-up offer rank compared with other William Hill Vegas promotions? Well, we feel that it is a great way to start your time at William Hill Vegas.
http://m.ccti.co.kr/bbs/board.php?bo_table=free&wr_id=214883
Online casino players prefer online slots over their PC counterparts because their experience is more interactive and stimulating, contributing to the enjoyment factor. Any Android smartphone may easily access free slots. In addition, to play free casino games no download no registration is needed on smartphones, tablets, and other mobile devices thanks to HTML5 technology. Google Play, a software marketplace that primarily contains Android-compatible services and goods, allows you to download the slots app version of their games. Start spinning and winning today with 247 Slots! Never has the game been more realistic as you spin your way to the casino floor with bonuses and eye catching excitement you can play on your computer, phone or tablet!
BoVegas Casino is giving away $45 Free Chip No … Bovegas casino 210% match and 35 free spins on Lucha Libre 2. Use bonus twice and get 100% cashback on a larger deposit. Contact casino support for your cashback. Casino T&C apply. Bovegas Casino no deposit bonus codes Get $90 Free Chip use Bonus Code: 90AMAZINGWIN How to claim Bonus: Creating your account at Bovegas Casino click “Coupons” tab in the… BoVegas Casino is a trustworthy online brand that has been operating since 2016. It’s a Vegas-themed website with a generous welcome package that can reach up to $5,500. BoVegas Casino accepts the most widely used currencies for deposits, including the Bitcoin option for crypto users. If you’re usually opting for venues with an impressive match bonus, you will have an abundance of daily and monthly offers.
http://www.ihyosungsp.com/bbs/board.php?bo_table=free&wr_id=95
Poker Offer The equity calculator in poker, period. Equilab is the go-to equity calculator for NLHE – plus its free! If you don’t have Equilab installed on your computer, I recommend you do so. Its a wonderful, free equity calculator and range analysis tool that I use on a daily basis. One of the best features in Equilab is the ability to create, save and organize your own custom ranges in their software – a godsend while playing online. Connect with us Track your play. Monitor your results. Analyse. Improve your game. In addition to his vast experience in large gaming facilities across the country, Young had exposure to poker long before his career in gaming. “My grandfather owned a two table card room when I was kid,” said Tom Young, director of poker for Talking Stick Resort. “My mom didn’t like poker so she didn’t let us go with grandfather too often, but I guess it’s in my blood.”
ivermectin eye drops — purchase stromectol ivermectin 6 tablet
This website can be a stroll-by way of for all of the data you wished about this and didn?t know who to ask. Glimpse right here, and also you?ll undoubtedly discover it.