22 October 2021 | 3:00 am
MCO2 is a carbon credit token traded by Moss.Earth. One MCO2 token is equivalent to one carbon credit. It is now possible to find this asset available on the largest exchanges on the planet, such as Gemini. The token goes through several processes to guarantee the security and reliability of the product.
The MCO2 token is an asset that makes the carbon credit market more democratic, secure, dynamic, and liquid. Carbon credits are no longer just an extra expense for companies that pollute, they are an asset that can be sold globally on international exchanges. By using blockchain and digital wallets, Moss.Earth have increased transparency in transactions and enhanced security in trading these assets.
There are clear trends that strongly support market growth coupled with the entry of individuals and civil society organizations into the financial market. You can now buy and trade MCO2 on Gemini here.
The MCO2 token democratizes carbon offsetting. Carbon credits are digital certificates issued by companies and environmental projects which can be sold to individuals and companies that either need to or want to mitigate their Greenhouse Gas emissions. The standard definition of a carbon credit is as follows: 1 carbon credit = 1 ton of CO2 emission that has been avoided at some point in the past.
In other words, a carbon credit represents both: an amount of carbon dioxide (CO2) that a company or individual commits to not release or has avoided the release into the atmosphere; and an amount of CO2 emissions that has been avoided through environmental projects or sustainable activities.
The carbon credits initiative values organizations that conserve and reforest the environment, which makes the carbon credit as a form of environmental protection even more advantageous.
Of almost equal importance, the resources acquired for keeping the Amazon forest alive and standing means environmental organizations can improve the conditions of people in the communities, creating a positive impact on their lives and the region’s GDP.
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