Our CEO, Jose Lindo, is attending along this week the Climate Economy the Climate & Energy Summit 2018 in Seoul invited, by the government of South Korea, to explain how is possible to contribute against Climate Change by creating a technology infrastructure that allows individuals and corporations to compensate their offsets by buying carbon credits through our tokens.
The World Bank announced last week in its Official report of Carbon pricing for 2018, the total value of ETSs and carbon taxes is US$82 billion,11 representing a 56 percent increase compared to the 2017 value of US$52 billion.
As one Climatecoin CO2 token equals to a one Carbon Credit, The Climatecoin Foundation will increase the price of the CO2 Token to a value decreed of USD 8 justified by the upward trend of the market 10 days after the CESS 2018 ( July 16th).
That means that Climatecoin CO2 Token will leave to be backed by Ether pricing and will be backed by the Carbon pricing, increasing its value automatically over the time.
Advantages that brings to our investors:
- For early investors, it will be verified that the statements that we affirmed at the beginning are being fulfilled.
- For new investors, they can buy CO2 Tokens at the current price(until July 16th), making an investment whose increase in value is guaranteed.
This event, adhered to the Climatecoin Wallet App(Beta Version)launched for Android and iOS and, the Climatetrade Platform future launch in September, are key elements to guarantee the best and secure experience possible to our present and future Token Holders and for the survival of our Planet.
So, more than ever…The moment is now, for us and for our Planet.