Amazon forests play a major role in many of the processes that make our planet habitable: water cycles, weather patterns, and the exchange of oxygen and carbon dioxide. The forest is home to more than 30 million people and over 10% of the world’s biodiversity. Yet the forests are dying, and human activities lead to their deterioration at a large scale level. If we do not act now, it will be too late. Fortunately, some organizations are aware and are looking at ways to salvage it.
MOSS is one such environmental platform that has taken it upon itself to preserve the planet and work on projects that deserve attention. It is one of the largest platforms specializing in the purchase of carbon credits from the Amazon forests. By buying carbon credits, you also will support the world’s most important asset: Our own planet.
What does MOSS do?
MOSS is the world’s largest environmental platform involved in purchasing and selling carbon credits to individuals and companies. It is quite a pioneering initiative that considers technology to contribute to the changing scenario of global warming and forest preservation. Through its initiative, it democratizes the sale and purchase of carbon credits for people.
MOSS purchases carbon credits from selected projects to prevent CO2 emissions or capture them from the atmosphere. Interested ones can buy the carbon credits directly from its digital platform. You can then carry them in a digital wallet for future compensation if you are not looking at compensating immediately.
What are carbon credits?
They are digital certificates issued by different environmental projects and companies. They can be sold to individuals and companies which are looking to reduce the impact of greenhouse gases. One carbon credit equals 1 ton of Co2 emission, meaning it will represent that amount of CO2 which the company or individual vows not to release or ensure that it is not released.
MCO2 Tokens are ERC20 digital assets issued on the Ethereum blockchain by MOSS. The tokens are intangible commodities under the Common Exchange Act and regulations widely known by the CFTC. In short, they are tokenized carbon credits issued by MOSS. each token represents ownership of a carbon credit, which is verified. They are not designed or sold as securities or any other investment product.
To hold the tokens, users must have a digital wallet that supports ERC20 digital assets. They can be freely transferred from the digital wallet to any other Ethereum blockchain digital wallet. When one makes the transfer to a third party, the transfer of the MCO2 tokens constitutes a transfer of the certified carbon credit title to the 3rd party. The token has undergone an audit process from top audit firms like Perkins Coie, Certik, among the main ones.
The token has been taken well in the industry and already placed 190 in its rankings in market cap. At present, $40 million is the market cap, and new record-setting proceeds of $10 million were sent to different Amazon Forest Conservation projects in 8 months. If you are environmentally-aware, then you should visit MOSS to gain further details.