The project, calledTreeCoin, aims to stop the deforestation one small step at a time. It offers participants a share in an ambitious reforestation project in Paraguay, where fast-growing eucalyptus trees will be planted in vacant areas 20 percent bigger than the entire city of Paris — and that’s just the start.
According to the company, every four years, the land will generate a profit from selling precious eucalyptus timber — and every four years, more and more square kilometers of forests will be saved from being cut down somewhere else. A portion of the profits will be reinvested to purchase land to plant more trees, and so on.
In 22 years, the team intends to accumulate some 597 square kilometres of recovered forest area that they say will “continue to generate profits forever.”
That’s the essence of the TreeCoin project, presented atBlockShowAsia by a group of German businessmen led by Mr. Jörg Schäfer, also known as Mr. Green.
Washington, DC, June 20, 2019 (GLOBE NEWSWIRE) — (via Blockchain Wire) The crypto elite are converging in DC this weekend for the third quarterly Washington Elite A.I. Blockchain Summit – Self Sovereign Identity Edition in […]
As more and more states within Europe adopt a legal framework for digital securities (like Malta and other EU states), Germany is facing increasing institutional pressures to do the same. Reports are out daily on […]
Des Moines Truck Brokers, Inc. (DMTB), a leading third-party logistics company, has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to developing best practices and standards for blockchain in the transportation industry. BiTA’s […]