Offset Payments

The digital asset marketplaces we work with prefer to deal in tokens over traditional carbon offset certificates. Why? Crypto native companies want crypto native products and services. Tokens are immediately verifiable on a public, decentralized ledger, whereas a standard certificate is not. Additionally, these marketplaces are already working with crypto assets, so they don’t want to have to convert to fiat to offset emissions.

Most marketplace partners do not have the infrastructure in place to issue and manage certificates. Instead, they want to use the pre-tokenized carbon offsets as a way to mitigate risk and hassle on their end.

Additionally, when a buyer purchases a token from us, they take on full custody of that token—they hold the private key and therefore control that token at any given time. This mitigates any potential fraud by eliminating one possible avenue of fraud: the purchase and storage of the offset itself.

Each token will represent a fixed amount of kgs of CO2 and whilst this amount will stay fixed the basket of projects behind will dynamically change to account for fluctuations in carbon offset prices. With this mechanic in mind should the market price of the token rise then so shall the overall quality of offsetting projects included in the basket (i.e. more direct air capture, less tree planting).