Token Overview
The native cryptographically-secure fungible protocol token of the Coorest Platform (ticker symbol $CRST) is a transferable representation of attributed governance and utility functions specified in the protocol/code of the Coorest Platform, and which is designed to be used solely as an interoperable utility token thereon.
1 CRST = 0.5 USDC
Total amount of tokens allocated : 50.000.000
CRST contract addresses:
Polygon: 0x91f0484f9b65dc5187e414dae5ed37ea7a4b8af4
Ethereum: 0x776aaca47ee579ff63f6c00a921377eb21359e59
The total amount of tokens is 50 million, which in the context of cryptocurrencies is a fairly limited supply. The finite amount of tokens give them intrinsic scarcity since more cannot be created.
Type: ERC20
Ticker: CRST
Total supply: 50,000,000
Private sale price: 0.35- 0.40 USDC
Public sale price: 0.50 USDC
The $CCO2 token represents one kilogram of CO2 that is captured by a tree. $CCO2 tokens can only be minted by NFTree holders because the $CCO2 tokens are linked 1:1 to the CO2 absorption rate of the actual tree. The token can be sold to a person or company to compensate for their CO2 emission.
To ensure long term sustainability for the Coorest ecosystem, $CCO2 on-chain transaction fees have been implemented in the token contract. Three different fees are charged when the following actions are performed:
$CCO2 token minting - 6%*
$CCO2 token transfer 0.2%*
$CCO2 token burn 0.2%*
Batch 1 are fruit-bearing NFTrees that are linked to fig trees. These trees bear fruit that is sold to food markets. Holders of Fruit-bearing NFTrees will receive rewards derived from the fruit sale. The fruit trees start bearing fruit three years after they are planted. The rewards will amount to approximately 10 USDC per year per fruit-bearing NFTree.
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.
Batch 3 are fruit-bearing NFTrees that are linked to pomegranate trees. These trees bear fruit that is sold to food markets. Holders of Fruit-bearing NFTrees will receive rewards derived from the fruit sale. The fruit trees start bearing fruit three years after they are planted. The rewards will amount to approximately 10 USDC per year per fruit-bearing NFTree.
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