SOLUTIONS

For Businesses

THE CHALLENGE

What is the challenge?

The European Union announced they want to reduce carbon emission by 55% by 2050. Reduction alone will not be enough to meet these ambitious goals. CO2 trading was introduced to help reduce this problem.

Initiatives to tokenize CO2 have started but are facing three primary issues:

  • How to account for emission reductions and removals in a way that avoids double counting;
  • How the associated carbon units currently are and will be used by corporates and retail to claim carbon neutrality, net-zero, or other similar claims;
  • How to ensure voluntary markets continue to drive finance to catalyze and generate additional emission reductions and removals
  • OUR SOLUTION

    What is our solution?

    The carbon tokens or $CCO2 tokens are minted when CO2 is absorbed from the atmosphere. NFTrees generate these tokens at a pre-determined rate each year. The amount of carbon tokens generated corresponds to the amount of carbon dioxide captured by real trees.

    $CCO2 Tokens

    You can trade your $CCO2 tokens or burn them to compensate your emission by getting a PoCC Certificate

    Proof of Carbon Compensation (PoCC)

    Receive a proof of carbon compensation certificate when burning $CCO2 tokens.

    NFTree

    What are the NFTrees?

    Coorest’s NFTrees are non-fungible tokens linked to real-world trees. The NFTrees generate carbon tokens that are equal to the amount of carbon their real-life counterparts remove from the atmosphere. The holders of NFTrees will start collecting $CCO2 tokens the moment the tree is planted.

    $CCO2 Tokens

    What Are $CCO2 Tokens?

    The carbon tokens or $CCO2 tokens are minted when CO2 is absorbed from the atmosphere. NFTrees generate these tokens at a pre-determined rate each year. The amount of carbon tokens generated corresponds to the amount of carbon dioxide captured by real trees.

    Compensate

    Purchase $CCO2 tokens and burn them to compensate for your carbon footprint

    Proof of carbon compensation

    Receive a proof of carbon compensation certificate when burning $CCO2 tokens.

    Advantages of Blockchain

    How can your business benefit from using blockchain technology?

    Simply explained

    Blocks are sets of data that are merged together into a “chain” as they are processed. This system is called a blockchain.

    Data protected

    Each block contains data about the transaction: the date, time and exact amount of the transaction, coupled with the anonymous IDs of both parties.

    Perfect for Businesses

    Due to the nature of blockchain technology, transactions are secure and immune to tampering.

    Still confused?

    WHY SHOULD YOU

    Choose us

    CACULATOR

    How much will you compensate?

    Our team has created a special C02 calculator. With this calculator you can calculate the carbon compensation, based on our NFTrees.

    Certified Carbon Tokens

    Coming Soon

    Jeroen Meertens, CMO

    LET'S TALK

    Hi, I'm Jeroen, CMO of Coorest

    Interested in our solutions for your business? Please fill out the form below and I'll get in touch with you shortly.

    The Coorest batch 2 NFTrees are available on the Venly market

    ARE YOU HELPING US TO PLANT MORE TREES?

  • The NFTree is backed by 10 real trees on a plot of 40m2 mixed forest
  • 1 NFTree Absorbs 250 kilos of CO2 per year
  • Planted and managed by Coorest
  • Location of planting: North Europe in Q3 2022
  • Claim, trade, and converted $CCO2 tokens: Proof of Carbon Compensation Certificate (PoCC)