View source for Single Earth Nature-Backed Token



=Description=

John Koetsier:

"Single Earth tokenizes land, forests, swamps, and biodiversity: any area of rich ecological significance. Companies, organizations, and eventually individuals will be able to purchase those tokens and own fractional amounts of those lands and natural resources, getting carbon offsets in return as well as ongoing ownership rights.

“Single Earth is not a fund itself,” chief technical officer Andrus Aaslaid told me. “We are not trying to become the largest landowner in the world. We are trying to provide the technology that people who own the land would be able to create profit out of it without having to sell it as raw material.”

The interesting thing about the Single Earth token is that it is nature-backed. It has real assets in the real world with real value behind it.

In some sense, that’s like gold: also a real, physical, inherently valuable store of wealth.

In a very real sense, it’s more legitimate than most cryptocurrencies like Bitcoin, which simply have value due to scarcity and demand."
(https://www.forbes.com/sites/johnkoetsier/2021/01/30/the-stock-exchange-of-nature-a-startup-is-tokenizing-the-planet-to-save-it/?sh=2457db255aba)

[[Category:P2P Accounting]]
[[Category:Thermodynamic Efficiencies]]
[[Category:Cryptoledger Applications]]
[[Category:Crypto Economy]]
[[Category:Money]]
[[Category:Ecology]]