JustCarbon, a carbon action marketplace, has announced a multi-exchange platform cooperation with DigiFinex, Coinsbit, LAToken, and Coinstore, indicating a bid for market dominance in the carbon market.
JustCarbon, a carbon action marketplace, has announced a multi-exchange platform cooperation with DigiFinex, Coinsbit, LAToken, and Coinstore, indicating a bid for market dominance in the carbon market.
JustCarbon Removal tokens (JCRs) are available on each exchange as part of the collaboration. One JCR is formed after a tonne of carbon is removed from the earth's atmosphere, according to the corporation. 1 JCR is currently valued at $25 per tonne.
JustCarbon is a decentralized autonomous organization (DAO), which means that it is not managed by a single individual or governmental entity.
To commemorate this collaboration, Justcarbon has offered a one-time campaign to bring the DAO community together.
It stated that for every JCR purchased, purchasers will receive ten JustCarbon Governance tokens (JCGs) and will earn a voice and voting rights in the administration of the JustCarbon DAO (Decentralized Autonomous Organization), which will take over governance of JustCarbon within 6-12 months.
JustCarbon will also host an auction for JCGs from May 17 to 20 to determine an initial value before the complete ecosystem goes online on May 23 and JCGs are available for purchase on the open market.
JustCarbon co-founder John Auckland stated, “Blockchain can enable a future proof circular economy, which is a critical component of JustCarbon's marketplace that sets it different.” It was built on a pro-environmental ideology, ensuring that only the highest quality credits are accessible for issuance on exchanges.
Carbon markets have recently begun to demonstrate their potential for delivering cash on a large enough scale to combat climate change. Climate change mitigation projects have proliferated throughout the world, particularly in underdeveloped countries.
JustCarbon, according to its website, is a “marketplace that streamlines and makes the carbon market more transparent, simpler, and accessible to both buyers and sellers alike.”
AirCarbon Pte, a Singaporean exempt private business, launched the world's first blockchain-enabled carbon trading exchange.
AirCarbon Pte, according to Blockchain.News, allows corporate purchasers and airlines to sell and buy tokens subsidized by carbon offset credits. This is based on the International Civil Aviation Organization's permission.
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