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Top 5 Carbon Crypto Companies to Watch in 2024
Right now, climate change has become one of the most critical issues facing the world. It affects everyone who lives on this planet and, if left unaddressed, could have serious, lasting consequences for all of humanity. That’s why carbon credits have been targeted across all sectors, not just the most obvious ones power, agriculture and forestry. And one of these sectors is blockchain technology.
The strengths of blockchain technology, such as transparency, secure record-keeping, and decentralization, are advantages for carbon credits.
That’s why many carbon cryptocurrency companies are already in the works. There is a huge opportunity here for two of today’s biggest investment trends to develop their synergies.
With that said, let’s take a look at what some of the most promising carbon cryptocurrency companies are for 2024.
1. KlimaDAO
At the top of our list is one of the first big movers in the cryptocarbon space: KlimaDAO, also known by the KLIMA coin. Its goal is to accelerate the rate at which the price of carbon emissions rises. And this happens by purchasing and withdrawing carbon offsets.
How are they doing this?
First, carbon offset credits are purchased from Verra’s Verified Carbon Standard registry, which guarantees their quality. These credits are withdrawn and then minted as tokens via the Toucan protocol (more on this later). These tokens are known as commodity carbon tons (BCTs).
- Each BCT represents one ton of carbon removed from the atmosphere.
Each KLIMA coin is backed by at least one ton of carbon base. KLIMA coin owners are incentivized to increase their stake of the coin by tying up more BCT or staking their holdings for yield.
There’s a lot to explain when it comes to KlimaDAO, but the impact it has had so far is undeniable. Last year, KlimaDAO bought 2% of the whole voluntary carbon market. And as of this writing, KlimaDAO is retired 17.3 million tons of carbon offsets:
This is what a small country like Croatia emits every year.
Although KlimaDAO provides a floor price for voluntary carbon markets, its success will not be decided by the performance of voluntary carbon markets. As with all crypto projects, the most important factor is whether people actually want to adopt it or not.
KlimaDAO is still in a growth phase, so to speak, as it looks to expand its treasury and provide a more robust offering. The coin’s developers do not expect a stable price to be reached before mid-century.
However, KLIMA has been implemented for over a year now and has already had great success in the carbon markets. Many other carbon crypto projects are still stuck in the development stage. KlimaDAO may have an ambitious goal, but it has proven that its business model has legs to stand on.
2. Tucano Protocol
As mentioned earlier in our discussion on KlimaDAO, the Tucano protocol it is not a currency in and of itself. Instead, it is the infrastructure that helps cryptocarbon projects like KlimaDAO exist.
Simply put, Toucan is a bridging protocol that transforms real life carbon credits into tokens that can actually be used on a blockchain. These tokens, called tokenized CO2 or TCO2, represent retired but not yet claimed carbon offsets.
They have been withdrawn from the source register to avoid double counting, but have not actually been claimed against any issues yet. And so they still represent a specific amount of verified carbon offsets.
- TCO2s are semi-fungible: they are not all identical, as the information about the origin of each credit is encoded directly on the chain. However, similar credits can be broken down and pooled into carbon pools, where they can be traded.
The largest and most well-known carbon pool using the Toucan protocol would be the basic carbon ton (BCT) used by KlimaDAO.
The majority of carbon credits filled by Toucan went to the BCT pool made up of Ethereum Request for Comment 20 (ERC-20) tokens.
These ERC-20 tokens can be directly integrated into other DeFi applications.
Toucan was the first platform to enable tokenization of carbon creditsand they have several partners besides just KlimaDAO. They have a first-mover advantage in this space and have created their own in-house token, the Nature Carbon Tonne (NCT) for buyers of carbon credits.
With a number of other major carbon crypto companies choosing to build on Toucan’s infrastructure instead of developing their own, there’s a lot of potential for future growth here.
3. Moss
Similar to the toucan, Moss is focused on tokenizing real-life carbon-related assets.
A Brazilian company, Moss, has its own token, the MCO2 token, which is created by tokenizing verified carbon credits from sources like Verra. Each MCO2 token represents one ton of carbon offsets, with a particular focus on credits generated by forest conservation projects in Amazon rainforest.
With its token, Moss focuses on providing a platform for companies and individuals interested in offsetting their carbon emissions to purchase high-quality, fully transparent carbon credits.
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Moss also has a side NFT project about the Amazon rainforest.
Moss first purchased several plots of land in the Amazon rainforest, divided them into 1-hectare lots, and then sold them as NFTs.
Funds from each NFT sale have been earmarked for a 30-year conservation fund that will cover the costs of activities such as patrolling and satellite imagery to protect the area.
The ultimate goal of this project would be to create a “green wall” around part of the Amazon rainforest to block deforestation efforts. Moss has sold out three sets of these NFTs, and more releases are on the way.
With several Brazilian carbon credit deals locked to supply MCO2 tokens in addition to the NFT series sold out, Moss is another of the few carbon-related cryptocurrency companies that has actually implemented a successful solution to the markets.
4. Nori
A carbon removal marketplace that focuses on coordinating transactions between small farm suppliers and carbon credit buyers, Me neither has not yet launched its own token. Instead, Nori understandably chose to start by ensuring its business model was solid and started with a pilot program.
By partnering with US farmers practicing regenerative agriculture, Nori has secured a number of national suppliers of high-quality carbon credits. Some of these providers are shown below:
The top layer of soil is actually one of mother nature’s largest natural carbon sinks, containing three times more carbon than the entire atmosphere.
However, human agriculture has caused carbon to be released from the soil much faster than the rate at which it is replaced.
This loss of soil carbon is Nori’s goal, focusing on regenerative agriculture projects. The end goal of every project is some form of carbon sequestration known as soil carbon storage, which produces carbon credits.
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These carbon credits make up Nori’s main resource, Nori Carbon Removal Tonne (NRT).
Each NRT represents one tonne of CO2 removed, stored for a minimum of ten years and is independently verified and audited to ensure that each NRT actually represents one tonne of carbon properly sequestered.
Going forward, Nori plans to not only expand its supply partnerships to international agricultural companies, but also intends to tokenize its NRTs into NORI tokens.
These NORI tokens will be distributed on the Polygon sustainable network. This creates an accessible secondary market for Nori NRTs with all the associated benefits of being on a blockchain.
Polygon is one of the leading Ethereum Layer 2 solutions and is currently the tenth largest cryptocurrency by market capitalization.
Polygon partnered with KlimaDAO early last year to become carbon negative by purchasing – these names may be familiar – BCT and MCO2 tokens.
With its business model demonstrated by the pilot program, Nori partnered with Bayer AG. It is one of the largest pharmaceutical and agricultural companies in the world, intent on increasing its supply of NRT.
- The initial tranche of the deal, worth $14.4 million, covers 400,000 acres of agricultural land.
Nori plans to distribute its token later this year. This launch, combined with the partnership with Bayer, has made 2023 a truly exciting year for Nori.
5. DevvStream
Rounding out our list of cryptocarbon companies to watch is one that’s a little less focused on cryptocurrencies.
DevvStreamat first glance, it’s a carbon streaming company that provides capital for carbon credit projects in exchange for a share of future production.
Where cryptocurrencies come into play, however, is through DevvStream’s relationship with its parent company, Devvio.
Devvio has a proprietary blockchain-based platform Exg platform that DevvStream uses to chain the carbon credits it gets from its streaming deals.
- Once on the platform, DevvStream carbon credits gain many of the benefits that other carbon token projects enjoy.
On top of this, DevvStream gets priority access to Devvio’s commercial clientele who already use the latter’s ESG platform. If any of these customers are looking for carbon credits, DevvStream’s customers will be the first ones they check.
Besides that, DevvStream has also collaborated with the largest volunteer carbon exchange in the world, Xpansiv. The goal is to provide additional liquidity for its carbon credits.
With its access to Devvio’s blockchain ESG platform and its clients, as well Xpansiv’s carbon credit exchangeDevvStream is uniquely positioned among leading carbon crypto companies to make the most of the carbon credits it is placing on the blockchain.
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Top 5 Crypto Pre-Sales for August 2024
Have you heard about cryptocurrencies in 2011? Was Bitcoin so popular back then? Well, yes, some forward-thinking people saw its potential early and invested in BTC back then. Investors were skeptical about this new financial element; however, many took the risk and invested what they could risk in the cryptocurrency market.
Going through the list of top presales, we have identified and studied five of the main candidates that can change the game on the trading charts. These new opportunities promise the best returns and a great chance to buy tokens at affordable prices. While 5thScape is at the top of our recommendation, projects like DarkLume and Artemis Coin are pioneers in their respective categories.
Top 5 Crypto Pre-Sales to Add to Your Watchlist in 2024
Below we present the top five cryptocurrency pre-sales that you should consider adding to your investment watchlist.
- 5th Landscape (5SCAPE) – King of digital VR gaming with AR/VR elements
- Dark light (DLUME) – Virtual Metaverse for Social Exploration
- SpacePay (SPY) – Versatile Financial Payment Gateway for Seamless Transactions
- EarthMeta (EMT) – Replicating our planet on a virtual platform
- Artemis Coin (ARTMS) – NFT Marketplace for Digital Real Estate Investment
In-Depth Review: The Best Crypto Pre-Sales of 2024
Now, let’s take a closer look at these pre-sale events and how they can help investors make significant profits this year.
5th Landscape (5SCAPE)
The 5thScape project combines emerging technology using the fundamentals of virtual and augmented reality on the Ethereum platform using its native currency as 5SCAPE. Users of the token experience increased security and interactive gameplay in the digital space.
Here are the potential reasons why investors are admiring the 5thScape ecosystem:
Immersive Gameplay: With over five game titles, the platform is ready to amaze the audience with games ranging from archery, sports, battle and high-speed racing.
Innovative VR Content: 5thScape’s progress in the crypto-gaming space will contribute to the development of educational resources and other VR content on the website.
Motion Control Gadgets: This project is working hard to introduce VR devices such as headsets and gaming chairs with precise controls and high-resolution soundscapes to achieve the best immersive feeling while exploring the ecosystem.
Practical utility: 5SCAPE tokens stimulate participation in various activities and convert the ecosystem into economic value for investors.
Staking Opportunities: Acquiring 5SCAPE tokens after listing on exchanges can generate higher earnings
Free Giveaways and Prizes: The distribution of free coins and VR subscriptions attract investors.
Visit 5thScape for more details>>
Dark Light (DLUME)
We just saw how 5thScape captures investors with its AR/VR digital landscape. DarkLume works on similar VR principles but has a completely new VR metaverse. Its presale is about to hit the $1 million mark and simultaneously increase fund inflows.
What are the specifics that allow DarkLume to lead the metaverse industry?
Native currency: The project has DLUME as a digital currency that can be used for in-game purchases or upgrades. These utility tokens also give their holders the right to vote on the development and expansion of the project.
Benefits of staking: Investors who want to hold and earn from this currency expect to multiply their funds after the stock market listing.
Exploratory Metaverse: Once you enter this world, there is no turning back. There are so many opportunities to find recreational activities and relieve stress. Walking through lush landscapes and stargazing at night can be a memorable experience. If you are a party animal, DarkLume’s virtual discos and clubs will win you over.
Visit DarkLume for more details>>
Payment for space (SPY)
Traditional financial setups face many challenges in daily transactions and are also expensive. To solve these concerns, Maxwell Bunting founded SpacePay by combining cryptocurrency payments and blockchain technology. The London-based startup makes online shopping and payments more seamless by integrating its network with existing card terminals, allowing users to make payments in any digital currency. Merchants can choose to receive payments in conventional currency without having to pay exorbitantly.
SpacePay has designed a user-friendly and convenient interface that supports over 325 crypto wallets. SPY, the native token of this platform, serves to enable all transactions within its ecosystem. Tokens can also be used to generate passive income through staking and additional community rewards.
EarthMeta (EMT)
EarthMeta is a virtual metaverse created to replicate our planet, Earth. It is listed as one of the best crypto pre-sales of 2024, with a focus on creating new NFT platforms and virtual assets in premium cities. The startup encourages users to own and govern virtual landscapes.
Cities are then further broken down into smaller assets such as landmarks, buildings, monuments, parks, schools, and more. NFTs can now be bought and sold in the project’s marketplace. Governors are eligible to earn 1% fees per transaction within their city. EMT token holders can also generate more at once with custom API integrations and participation in DAO activities.
Artemis (ARTMS)
Today we have covered a number of financial projects that you can consider along with 5thScape, the most promising VR coins of the decade. Artemis (ARTMS) is a financial platform that allows investors to transact and trade using its digital asset, ARTMS. Users can also lend, borrow, stake, save, and generate rewards from yield farming.
The project is about to enter Phase 4 of development which will see the launch of the Artemis Crypto System. This system is customized to facilitate a large number of secure and transparent crypto transactions. Cryptocurrency enthusiasts and professional entities can buy and sell products such as smartphones, bicycles and internet services using crypto payments. Early investors have great advantages until the project is available at a discounted price in the pre-sale.
Read this before investing in the next cryptocurrency market
Experienced investors know the factors to consider before investing in this dynamic market. Here are some points that beginners should remember before securing a position in the cryptocurrency universe.
- It is essential to verify the project details and the founders.
- Read and understand the whitepaper for all the technical information about the ICO, the roadmap and the mission of the project.
- The project roadmap will provide greater clarity on milestones and results achieved.
- Review the fundamentals of the new technologies involved in the development of the platform.
- Before investing in any cryptocurrency, carefully evaluate the benefits and risks to avoid losses and build a profitable portfolio.
Conclusion
5thScape ICO Offers Tokens at Deeply Discounted Prices. Once the presale is over, the token price will skyrocket 434% from the first round and promise 600x returns to early investors. Who wouldn’t want to be part of an innovative and growing VR ecosystem? Check your details, review all the documents and start investing in 5thScape now.
Time flies, and so does the $100,000 prize.
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Best Upcoming Cryptocurrencies for Long-Term Profits: Turn $100 Into $1000 With These Picks
Have you ever wondered how much return Bitcoin has given to investors who bought this gold cryptocurrency a decade ago? In 2014, Bitcoin reached its significant milestone of $1,000 in the first month. Currently, it is trading at around $64k, which is an astonishing 6300% increase in the span of 10 years. No stock, no ETF could ever give you such monumental returns. This simply proves that the cryptocurrency market turns your dreams of investment returns into reality.
While the established giants are not giving so much returns now, the ball is in the court of upcoming cryptocurrencies that are based on the development of projects to provide up to 1000x returns in the near future. In this article, we will explore 5 upcoming cryptocurrencies for long-term earnings that can turn your $100 into $1000 – the only key is strategic investing with a lot of patience!
Best Upcoming Cryptocurrencies For Long Term Profits
Below we list the top 5 cryptocurrencies for long-term gains, which are set to give you returns of up to 1000 times in the coming times.
- 5th Landscape (5LANDSCAPE)
- Dark light (DISGUST)
- BlockDAG (BDAG)
- eTukTuk (TUK)
- WienerAI (WAI)
Take a deeper look at the background of these 5 upcoming cryptocurrencies for long-term gains and see why they could be viable options for your cryptocurrency portfolio.
1. 5° Landscape (5SCAPE)
5thScape is changing the face of entertainment by merging augmented and virtual reality with blockchain technology, offering a VR content ecosystem unlike any other destination on the internet. Its native token, 5SCAPE, is the cornerstone of this innovative ecosystem. With a limited supply of 5.21 billion tokens, 5SCAPE offers early investors a unique opportunity to participate in the growth of a potentially transformative platform.
Combining the immersive experiences of VR technology with a cryptocurrency that has a real-world use case, 5thScape presents a compelling investment proposition. The project’s focus on providing unparalleled user experiences, coupled with its potential to generate substantial returns, makes 5SCAPE an ideal new cryptocurrency to have in your portfolio for long-term gains.
Click here to invest in 5thScape today >>
2. DarkLume (DLUME)
DarkLume is a meticulously crafted metaverse where users can experience a lavish digital lifestyle. At its core is the DLUME token, the currency that powers this virtual economy. By owning DLUME, users gain access to exclusive experiences, from owning virtual properties to attending high-society events and hosting virtual celebrations with their friends.
The metaverse is divided into virtual countries, each with its own citizenship requirements. To become a citizen, users must possess a specific amount of DLUME. Maintaining citizenship involves paying taxes in DLUME and creating a sense of community and responsibility among users.
Unlike other metaverse platforms that are limited to digital interactions only, DarkLume offers a wide range of activities, from leisure and entertainment to social interactions and exciting experiences. The platform’s focus on luxury ensures that every aspect of the metaverse is designed to exceed expectations. As DarkLume continues to grow, its DLUME token is expected to be in high demand. The metaverse concept is supported by renowned names such as Mark Zuckerberg and Satya Nadella. As it is the future of immersive socialization, the DLUME token is expected to appreciate in value over time.
Explore DarkLume’s website to learn more
3. BlockDAG (BDAG)
BlockDAG is an innovative blockchain platform that uses a Directed Acyclic Graph (DAG) structure together with blockchain technology to offer fast transaction speeds, lower fees, and better scalability.
Unlike traditional blockchains that process transactions sequentially, BlockDAG processes them in parallel, which allows it to handle a much higher transaction volume. This approach makes BlockDAG an ideal platform for applications that require high throughput and low latency, such as DeFi, gaming, and IoT. Its presale has been a great success so far, and BlockDAG’s adaptability may be an optimistic sign for early investors in the BDAG token.
4. eTukTuk (TUK)
eTukTuk is a new leading crypto project that combines sustainable transportation with blockchain technology. Its main goal is to electrify the famous “tuk-tuk” industry, reducing carbon emissions that cause environmental damage while creating a thriving ecosystem. Its TUK token powers the entire platform.
One of the most notable features of eTukTuk is its Play-to-Earn (P2E) gameplay. Players can earn TUK tokens by completing challenges and missions in the game. This gamified approach not only makes the platform engaging but also incentivizes user participation in building the eTukTuk ecosystem. The primary utility of the TUK token is as a mode of payment for tuk-tuk drivers who use EV charging stations for their vehicles installed across Sri Lanka. The project will soon expand to other countries.
Overall, the value proposition of the TUK crypto token is strengthened by its utility within the platform. It can be used to purchase electric tuk-tuks, charge them at the network’s charging stations, and access various platform services. As eTukTuk adoption grows, demand for TUK tokens is expected to increase, potentially resulting in significant appreciation in the token’s value.
5. WienerAI (WAI)
WienerAI is a new blockchain-based platform that uses next-generation artificial intelligence (AI) technology to transform the cryptocurrency trading space. Its flagship product is an AI trading bot (with a sausage-themed mascot) designed to analyze market trends, identify potential opportunities, and execute trades with zero errors. With the power of AI, WienerAI provides users with a market edge in the complex and dynamic world of investing.
The platform’s native WAI token is a digital asset that underpins the entire ecosystem. Token holders can enjoy various benefits, including discounted trading fees, priority access to new features, and even a share of the platform’s profits. As WienerAI gains traction and its AI trading bot proves successful, the continued flow of demand for the WAI token will fuel its price.
Final Thoughts: Best Cryptocurrencies for Long-Term Profits
Each cryptocurrency project explored in this article brings a unique and innovative perspective to the blockchain industry. From the immersive worlds of 5thScape and DarkLume to the efficiency gains of BlockDAG and the sustainability focus of eTukTuk, not to mention WienerAI’s AI-powered trading bot with a new approach to investing, these projects are pushing the boundaries of what’s possible with blockchain technology.
While all of these projects are promising, 5thScape and DarkLume stand out as particularly interesting investment opportunities. The combination of 5thScape’s robust VR ecosystem tokenomics and unique AR/VR offeringstogether with the fantasy world of the DarkLume metaversehas the potential to appeal to a wide range of investors who may be entertainment lovers, not just cryptocurrency enthusiasts. Given their current presale stages, acquiring 5SCAPE and DLUME tokens at these early-bird prices could prove to be a strategic move for those seeking substantial returns.
This is a sponsored article. The opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on the information presented in this article.
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Avalanche Predicts ‘Most Bullish Unlock’ in Broader Market $1 Billion in Token Release
Token Unlocks data shows that several crypto projects:AvalancheWormhole, Aptos, SandboxArbitrum, Optimism and others are set to unlock around $1 billion worth of tokens in August.
Approximately $260 million will be allocated in the first three days of the month.
Crypto projects often schedule token unlocks to control the asset supply and prevent market oversaturation. This gradual release helps avoid significant sell-offs by early investors or team members who hold large amounts of crypto assets.
Wormhole and Avalanche to Release Over $400 Million in Tokens
The biggest news this month will be Wormhole and Avalanche.
On August 3rd, Hole in the walla cross-chain messaging protocol, will release 600 million tokens worth $151.67 million, or 33.33% of its circulating supply.
Avalanche will follow on August 20, unlocking 9.54 million AVAX tokens worth approximately $251 million, or 2.42% of its circulating supply.
The Token Unlocks dashboard shows that 4.5 million AVAX, worth $118.53 million, will go to the Avalanche team, 2.25 million AVAX, worth $59.27 million, will go to strategic partners, and the remainder will go to the Foundation and as an airdrop.
Farid Rached, former head of ecosystem growth at Avalanche, underlined that this planned unlock would be the most bullish in its history because “it is the last big step for the team and public/private investors.”
Other important unlocks
Sui, a layer 1 network, will unlock 64 million tokens worth $50 million, or 2.56% of its circulating supply, on August 1.
Similarly, decentralized exchange dYdX will issue 8.33 million tokens worth nearly $11 million, or 3.65% of its circulating supply. These tokens will be distributed to investors, founders, staff, and future employees.
Aptos will unlock 11.31 million APT tokens worth $74.64 million on August 12. These will be allocated to the Aptos community, top contributors, the foundation, and investors, with top contributors receiving the largest share: 3.96 million APT worth $26 million.
On August 14, Sandbox will release 205.6 million SAND tokens worth $66.75 million. This issuance will be split between the team, advisors, and a corporate reserve.
Finally, Ethereum’s layer 2 networks Referee AND Optimism will collectively unlock over $110 million worth of tokens by August 16 and 31, respectively.
Mentioned in this article
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Big Tech Beats Bitcoin (BTC) as Trump’s Trade Cancellation Weakens Token
Bitcoin has failed to join the cross-asset rally fueled by dovish comments from the Federal Reserve, as the tight US election race casts doubt on Donald Trump’s ability to implement his pro-cryptocurrency agenda.
The digital asset slipped 2.4% on Wednesday, tracking a Fed-fueled surge in an index of the Magnificent Seven large-cap tech stocks by one of the widest margins in 2024. The token fell further on Thursday, changing hands at $63,750 by 6:10 a.m. in London.
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