Coorest

Coorest

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Laatste update

16 mei 2022

Coorest provides web3 based solution for traceable and verifiable CO2 compensation. By bringing satellite data on-chain, businesses and individuals can rely on high-quality CO2 to compensate on our decentralized platform.

Besides having a positive environmental impact, Coorest aims to achieve a positive social impact as well. With the certified Coorest Carbon Standard, smaller green projects and farmers have the opportunity to onboard onto the Coorest platform without any cost. By selling their CO2 they can create an additional revenue stream to re-invest in their business and community.
aug., 2022
aug., 2022
100% voltooid
$475 000
4% doel voltooid
Doel 10 500 000.00 USD
past
  • 1 TOKEN
    =
    0.5 USD
Details token
Totale voorraad
50000000
Bedrijfsgegevens
Geregistreerde bedrijfsnaam
Coorest OÜ
Geregistreerd land
Estonia
Bedrijf opgericht
Nov 1, 2021
aanvullende details
Platform
Polygon
Categorieën
Platform

Over Coorest

Governments around the globe have set goals to reduce carbon emissions by 55% by 2050. Since our economy has been based on fossil fuels for more than 150 years, reduction alone will not be enough to meet these ambitious goals. Compensation for CO2 emissions will be needed to facilitate a transition to a carbon-neutral economy.

The current voluntary carbon market (VCM) is inefficient, ineffective, untransparent, and hard to access for both suppliers and consumers of carbon offsets. Projects involved in capturing and locking carbon do not receive maximum value for their efforts due to middlemen like carbon banks, carbon brokers, and intermediary institutions.

Therefore, less capital is available for these carbon-capturing projects to reinvest and plant more trees, thereby sequestering less carbon. Coorest introduces a new carbon standard and a platform based on blockchain technology to cut out the middleman allows for easy and transparent access to carbon compensation.

The certified Coorest Carbon Standard focuses on newly planted trees (additionality) only and allows the onboarding of farmers and green projects globally enabling them to generate and monetize their carbon sequestration efforts. All projects are monitored via satellite data to warrant the continuity and transparency of carbon sequestration efforts.

The Coorest carbon ecosystem has four tokens; NFTrees, CO2 token ($CCO2), Proof of Carbon Compensation certificate (NFT), and a governance token ($CRST). Through the tokenization of trees, absorbed CO2 and the claim on carbon compensation, the problem of double counting of compensated carbon emissions is avoided. Via the Coorest platform, retail, companies, and institutions can easily compensate for their carbon footprint while having maximum transparency.

Coorest introduces two types of NFTrees that are linked to either fruit-bearing or regular trees. Holders of these Coorest NFTrees, trees planted and owned by Coorest, accumulate CO2 tokens for generating PoCC certificates. Once the fruit-bearing trees are planted and mature enough to produce fruit, the NFTree holder has the right to that fruit’s profit, therefore, generating an additional yield. The combination of revenue through the sales of CO2 tokens and yield-bearing possibilities associated with a tree ensures voluntary markets continue to drive finance to catalyze and generate additional emission reductions and removals.

To ensure the permanence of captured carbon, Coorest collaborates with Etherisc to develop a natural disaster insurance product for NFTrees and CO2 tokens. Lost trees and released CO2 can be recovered through replanting minimizing negative effects on the backing of CO2 tokens.

The Coorest Platform seeks to democratize platform governance. This is accomplished through the use of $CRST tokens. By holding $CRST people get decision power according to their allocation within the $CRST staking pool. Hence, participation in the DAO will allow users to vote on changes to a token's protocol. Governance token holders will be able to influence decisions regarding further development of the platform and ecosystem, which will lead to a higher engagement and legitimacy of the decision-making and result in a more collaborative governance process.

% naam% Roadmap

  • Q4 2021

  • Trees minted as NFTs on Polygon
    Trees up for sale on Venly & Vulcan
  • Q1 2022

  • First batch sold out & Coorest land acquired
    Coorest 1st land bought
    Website redesigned
  • Q2 2022

  • Planting first batch
  • Q3 2022

  • Integration of the Satelite Data provided by Chainlink
    Coorest Carbon Standard certified
    CCS registry live
    Starting to Onboard Farmers
    Coorest DApp on Mainnet
    Coorest CCO2 Token Deployed
  • Lees verder
  • Q4 2022

  • PoCC Certificates deployed
  • Q1 2023

  • Revamp Website
    Onboard additional green projects / farmers
    Planting Batch2
  • Q2 2023

  • Setup Subscription model for CO2 Compensation
    Seed round fund raising
  • Q3 2023

  • CO2 Token payment integration
    New partner
    IDO | IEO
    dMRV 2.0 R&D
    Seed fund raising
  • Q3 2023

  • Coorest affiliate program
    CRST staking program
    CO2 LP farming campaign
    Subscription Model for CO2 Compensation
  • Q4 2023

  • dMRV 2.0
  • Q1 2024

  • DCF (Decentralized CCO2 token futures)

Coorest Team

geverifieerd 100%

William Ten Zijthoff
CEO
geverifieerd
Nick Zwaneveld
CTO
geverifieerd
Peter Ten Zijthoff
CFO
geverifieerd
Charlotte Schroots
CCO
geverifieerd
Jeroen Meertens
CMO
geverifieerd

Coorest Interviews

William ten Zijthoff
As a team member, сan you tell us about your role in the ICO project?
As CEO I am responsible for Coorest's strategic orientation and share responsibility for our position in the market in competition with other companies
What do you think about idea?
Coorest is a complete ecosystem of secure and reliable solutions, which
bridge the gap between the real and digital world. Our ecosystem currently has; NFTrees, CO2 tokens, PoCC, p2e Android Game and almost a p2e metaverse called NovaTerra. I'm super proud of the team and the mission and vision we have as a company.
Nick Zwaneveld
As a team member, сan you tell us about your role in the ICO project?
Im responsible for all tech developments and DeFi applications. We aim to decentralise the volentary carbon market.
What do you think about idea?
Coorest has developed a 100% backed CO2 token to enhance transparancy. Offsetting had never been this easy
Peter ten Zijthoff
As a team member, сan you tell us about your role in the ICO project?
I am co-founder and CFO of Coorest. I am responsible for legal and finance. I have 36 years of experience in financial services.
What do you think about idea?
Coorest is a sustainable tech company that bridges the gap between the digital and the real world. We offer a great opportunity for farmers to earn extra money via tokenising of trees for carbon offset.
Charlotte Schroots
As a team member, сan you tell us about your role in the ICO project?
As CCO I am responsible for all the internal and external communication/ PR Coorest. My main goal is to tell our story to create awareness of how we bring sustainability to the blockchain and beyond.
What do you think about idea?
It is 5 for 12. Climate change is all around us. We need to act now and with Coorest we can be part of the big change. It is amazing how much we achieved since our establishment in September 2021 and knowing this is only the beginning! So much more to come and much more NFTrees to plant.
Jeroen Meertens
As a team member, сan you tell us about your role in the ICO project?
As Co-founder & Chief Marketing Officer of Coorest, it's my responsibility to manage the marketing and sales team and to get the best performances possible.
What do you think about idea?
Coorest is an absolute game-changer in the green investments and secure CO2 compensation landscape. With its extended use cases, secure and transparant platform and having all assets 100% traceable, the potential is enormous.

Coorest Laatste nieuws

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