POSEIDON
Last Update
Jan 25, 2019
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1 OCN=0.22 USD
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.
About POSEIDON
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.
Features
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
https://poseidon.eco/assets/documents/Poseidon-White-Paper.pdf
POSEIDON Roadmap
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2017 - Q2
-
• Poseidon Concept born
• Blockchain selected as technology
platform
• Partnerships being conceptualized
• Legal partner with blockchain experience
signed -
2017 - Q3
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• Stellar chosen as blockchain platform
• Strategic Partners agreements formalized
• Switzerland chosen as base
• Poseidon Foundation announced to public -
2017 - Q4
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• Details of platform designed
• Key advisors join Poseidon team
• Architecture reviewed with Stellar
• Regulatory challenges in Switzerland -
2018 - Q1
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• Malta chosen as new base
• Legal framework finalized
• Discussions with prospective clients
• First pilot design completed -
2018 - Q2
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• 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
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• First Government Client signed up
• Participation in European Blockchain
conferences
• Business Summit in Liverpool, England
• reduce Mobile App v1 Release -
2018 - Q4
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• 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
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• Second Public Round of Fundraiser
• reduce Mobile App v2 Release
• Onboarding of additional Clients in Europe
• Opening of Poseidon Headquarters
in Liverpool -
2019 - Q2
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• Launch of Annual Poseidon Conference
in Liverpool
• Final Round of Fundraiser
• Voluntary Donations capability released
• Opening of Global Poseidon Offices -
2019 - Q3
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.• Full reduce platform Launch
• Climate Impact Product Catalog v2 Release
• reduce Mobile App v3 Release
• Onboarding of first Clients in Asia -
2019 - Q4
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• reduce platform Functionality Release v2
• Onboarding of first Clients in
North America
• Top contributors invited to forest
conservation project
• Research and Development roadmap
announced -
2020 -Q1
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• 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
America
• Research and Development results
announced
Activity
POSEIDON Team
Verified 9%
Attention. There is a risk that unverified members are not actually members of the team
Advisors
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
POSEIDON Interviews
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
POSEIDON Last News
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