Human activities are causing unprecedented environmental changes, leading to a lack of resources, rising temperatures, and dying lifeforms. Since 1950, more than 662 million hectares of forest have been lost, and carbon concentration in the atmosphere has almost doubled.
31% of the Earth is covered in forests–– the best technology nature has for locking away carbon while being the center of biodiversity. The two features work together: the wilder and more diverse forests are, the more effective they are at absorbing carbon from the atmosphere.
MERIT is a virtual currency (a token) that represents – and protects – the work nature does to sustain life by sequestering carbon and hosting biodiversity. The tokens are issued to landowners based on the ecological value of their lands for as long as they keep their natural resources in good health.
1 MERIT = 100 kg of CO2 captured in biodiverse nature*
*A more holistic approach with other parameters (biodiversity and carbon stocks) will be introduced in the next iteration of the token.
📅 Launch Time (UTC)
‼️ Sale Details
- Exchange: TBA
- Token price: TBA
- Token type: $MERIT
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