The Power of Green Investments with Fruittex Carbon Credit System
The unique feature of the Fruittex platform is the ability for the owner of the FTTs to trade their carbon credits. Owners can sell or trade their credits on Fruittex’s dedicated Carbon Credit Marketplace, offering a flexible and potentially profitable way to engage with the carbon credit system.
Discover how we're turning the natural carbon sequestration capabilities of trees into a profitable and sustainable venture.
Tokenization of Trees
Each tree in our farms is linked to a Fruittex Tree Token (FTT), representing ownership and the environmental value of the tree, including its ability to sequester CO2 from the atmosphere.
Carbon Sequestration Calculation
We quantify the ecological impact of your trees. On average, each tree linked to an FTT reduces CO2 by 22kg annually. For a batch of 100 trees, this represents a significant reduction in the carbon footprint.
Issuance of Fruittex Carbon Credits (FCC)
Leveraging this environmental impact, we issue carbon credits equivalent to the amount of CO2 sequestered by the trees over a year. Each credit is tokenized, ensuring accuracy, transparency, and ease of transfer.
ERC-1155 Standard for Tokens
Utilizing the ERC-1155 standard, each carbon credit is a unique yet tradeable token on the blockchain, allowing for efficient transactions, bundling, and batch transfers.
Carbon Credit Registry
Our robust registry tracks every credit from issuance to trade, ensuring a transparent, secure journey. Every transaction is recorded, offering a clear audit trail for verification and compliance.
Trading on Carbon Credit Marketplace
As a token holder, you can trade your carbon credits on our dedicated marketplace, providing flexibility and the potential for profitability while contributing to a greener planet.
The Fruittex Carbon Credit (FCC) Smart Contract is a comprehensive and secure solution for managing carbon credits on the blockchain.
The Fruittex Carbon Credit Smart Contract is a secure and versatile blockchain solution for managing and trading carbon credits. It leverages the efficiency of ERC1155 tokens and integrates robust role-based access control for secure operations. Key features include:
- Issuance and Retirement: Securely issues carbon credits with detailed CO2 sequestration values, and allows for the retirement of credits for carbon offsetting.
- Verification System: Employs a verification system for carbon credits, ensuring authenticity and compliance with environmental standards.
- Flexible Token Management: Supports metadata management through IPFS, enabling rich information storage for each token.
- Transparent Operations: All actions, including issuance, retirement, and verification, are recorded as events on the blockchain, ensuring transparency and traceability.
The Fruittex Carbon Credit Smart Contract is designed to bring reliability, security, and transparency to the carbon credit market, facilitating a greener future.
