OCEAN - ICO Details
We believe that controlling your carbon footprint should be as easy as checking your bank
balance. Our solution will, for the first time, empower everyone to participate in climate
action, all the way to the retail level. Our vision is to create a platform that integrates
carbon credits into everyday life, enabling the seamless and transparent accountability for
our carbon footprints as part of every purchase we make.
Our platform is unique in many ways. With it, we can transact grams of carbon credits,
for the first time, allowing us to integrate the carbon market with the retail sector. Our
platform is truly end-to-end, connecting people protecting forests with consumers around
the world at the point of sale. This has never been done before.
Once our solution is fully operational, retailers will be able to offer carbon credits with their
products and services to mitigate and rebalance their negative climate impact or even
turn them into a “climate positive” offering. Customers will be able to make a purchase at
a physical shop or online store and immediately make a contribution to the fight against
Our solution will support forest-based carbon credits from their inception throughout their
entire lifecycle. It will offer transparency, traceability, and monitoring at every step. While
it will of course sit alongside the structural changes businesses are making to lower their
emissions, it offers the critical acceleration in activity and funding for emission reduction
projects, driving the changes necessary for sustainable global development.
A notable challenge of current carbon markets is that the same carbon credits are
sometimes sold multiple times to different buyers, commonly referred to as ‘double
counting.’ Each of these buyers expects that their purchase is retiring the carbon credit,
a term used to describe when a carbon credit has been taken out of circulation, and that
their funds are supporting a project that, unfortunately, never receives the funding more
than once. If Poseidon were to become the single platform to manage all carbon credits
globally, this challenge would be eliminated, as their current immutable status could be
verified by all market participants.
|Token for sale||2,147,483,647|
|Token Price||0.192 EUR|