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Last Update

Jan 25, 2019

Poseidon is developing a digital ecosystem: Transparent and simple: End-to-end custom block chain solution for tracking, trading, and discarding carbon credits transparently. Low cost and efficient: Smart contract to buy and sell carbon covering various transactions. Empowering: Carbons are thoroughly retailed to make consumers and retailers "climate positive" products and services. category.
Public Fundraiser
Feb 16, 2019
Mar 24, 2019
100% completed
$2 100 115
18% goal completed
Goal 11 358 470.00 USD
Cap 4 867 551 360.00 USD
  • 1 OCN
    0.22 USD
Token Details
Total supply
Token Distribution
From the fixed supply of 36 billion OCEAN tokens, 50% of are available during the token sale that
started in June 2018 and will conclude in July 2019. The proceeds provide the necessary funding to
grow the platform and with 80% going towards the purchase of carbon credits build the necessary
asset base to create a solid foundation for Poseidon.
30% of the OCEAN tokens are locked in a technical pool called the liquidity pool to be used by the
reduce software platform only.
12.5% are allocated to the Poseidon Foundation to support the growth of the reduce platform,
research and development efforts, and expansion into existing and new markets.
The remaining 7.5% are allocated to the current and future team, including advisors and strategic
partners, as well as for partnerships, allowing us to build a global presence over the coming years.
To ensure that our team is committed to Poseidon’s mission, we have created a vesting schedule
spanning 4 years for our leadership team and 2 years for all other team members, starting from
August 2018.
Accepted Currencies
Min Contribution
Company Details
Registered Company Name
Registered Country
Company Founded
May 23, 2018
Additional Details
Platform, Energy, Charity, Smart Contract


Poseidon has developed the reduce platform that allows you to turn the negative environmental impact
of every purchase you make into positive climate action. This is possible through a revolutionary integration
that connects you directly to forest conservation projects, allowing you to make micro-donations
with a measurable impact.


The reduce platform is unique in many ways. With it, we can transact grams of carbon credits, for the
first time, allowing us to integrate the carbon market with the retail sector. Our platform is truly end-toend,
connecting people protecting forests with consumers around the world at the point of sale. This
has never been done before.
Once our solution is fully operational, retailers will be able to offer carbon credits with every product
and service to mitigate and rebalance their negative climate impact or even turn them into a
“climate positive” offering. Customers will be able to make a purchase at a physical shop or online
store and immediately contribute to the fight against climate change.
Using our blockchain-based and artificial intelligence-powered platform, forest-based carbon credits
will be managed throughout their entire lifecycle. It will offer transparency, traceability, and monitoring
at every step. While it will of course sit alongside the structural improvements that businesses are
making to lower their emissions, it offers the critical acceleration in activity and funding for emission
reduction projects, driving the changes necessary for sustainable global development.

Technical Info



  • 2017 - Q2

  • • Poseidon Concept born
    • Blockchain selected as technology
    • Partnerships being conceptualized
    • Legal partner with blockchain experience
  • 2017 - Q3

  • • Stellar chosen as blockchain platform
    • Strategic Partners agreements formalized
    • Switzerland chosen as base
    • Poseidon Foundation announced to public
  • 2017 - Q4

  • • Details of platform designed
    • Key advisors join Poseidon team
    • Architecture reviewed with Stellar
    • Regulatory challenges in Switzerland
  • 2018 - Q1

  • • Malta chosen as new base
    • Legal framework finalized
    • Discussions with prospective clients
    • First pilot design completed
  • Read More
  • 2018 - Q2

  • • Poseidon Foundation established in Malta
    • reduce pilot platform launches with first
    Retail Client
    • 1-year Fundraiser launches with first
    Public Round
    • First Corporate Client signed up
  • 2018 - Q3

  • • First Government Client signed up
    • Participation in European Blockchain
    • Business Summit in Liverpool, England
    • reduce Mobile App v1 Release
  • 2018 - Q4

  • • Participation in Blockchain conferences
    in Asia and Europe
    • Onboarding of second Retail Client
    Switzerland (Vivobarefoot)
    • Onboarding of second Government Client
    • Climate Impact Product Catalog v1 Release
  • 2019 -Q1

  • • Second Public Round of Fundraiser
    • reduce Mobile App v2 Release
    • Onboarding of additional Clients in Europe
    • Opening of Poseidon Headquarters
    in Liverpool
  • 2019 - Q2

  • • Launch of Annual Poseidon Conference
    in Liverpool
    • Final Round of Fundraiser
    • Voluntary Donations capability released
    • Opening of Global Poseidon Offices
  • 2019 - Q3

  • .• Full reduce platform Launch
    • Climate Impact Product Catalog v2 Release
    • reduce Mobile App v3 Release
    • Onboarding of first Clients in Asia
  • 2019 - Q4

  • • reduce platform Functionality Release v2
    • Onboarding of first Clients in
    North America
    • Top contributors invited to forest
    conservation project
    • Research and Development roadmap
  • 2020 -Q1

  • • Climate Impact Product Catalog v3 Release
    • reduce Mobile App v4 Release
    • Onboarding of additional Clients in Asia
    • Poseidon Presence at World Economic
    Forum in Davos
  • 2020 -Q2

  • • Annual Poseidon Conference in Liverpool
    • reduce platform Functionality Release v3
    • Onboarding of additional Clients in North
    • Research and Development results


2 660
30 Days Growth:


Verified 9%

Attention. There is a risk that unverified members are not actually members of the team

Abyel Mehari Tewelde
Community manager
Laszlo Giricz
Founder And CEO
Cesare Tagliaferri
Chidi Akutu
Ian Briggs
Research And Development
Alexander Gnauck
David Perejo
Business Development Manager
Michael Cutler
Lead Developer

11 ICOs

$23 439 721

Brad Yasar
Business Strategy
Willie Thompson
Communication Manager
Abyel Mehari
Community Manager


Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Kristin Rechberger
Advisor - Founder and CEO Dynamic Planet
Peter McCullagh
Advisor - Founder and Managing Partner TenX Ventu...
Anthony Hobley
Advisor - CEO of Carbon Tracker Initiative

Former members

Chris Porter
Software Development Management
Lisa Walker
Climate Change Expert
Rene Velasquez
Strategic Partner Carbon Markets Expert
Jessica Verhagen
Strategic Partner Carbon Trading Expert
Justin Mundy

POSEIDON Interviews

Abyel Mehari Tewelde
As a team member, сan you tell us about your role in the ICO project?
My role as community manager is to spread awareness of Poseidon and engage with the community on social media. A main focus is to clearly communicate our messages and educate the community on climate action, climate change, deforestation and carbon market.
What do you think about idea?
Our reduce platform empowers everyone to participate in climate action. Our integration doesn't require for society to drastically change their lifestyles, in fact Poseidon enables individuals to reduce their carbon emissions at simply at every purchase.

Our platform fully uses blockchain technology for a greater good and empowers everyone to take responsibility for our Planet and its deteriorating conditions. If the planet doesn't work....blockchain doesn't work
5.0 13
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