CONTINUOUS TOKEN SALESince our return from Davos where we became the first Carbon Neutral cryptocurrency, the Climatecoin team has been working hard on updating the Whitepaper.
The strategic plan after the ICO is a very important task that we are developing with the support of external advisors of recognised reputation. Thanks to the help of carbon credits expert Doctor Michele Stua, we are designing our carbon credits purchase strategy for the Climatecoin Carbon Pool. And to guarantee maximum quality, we are coordinating the next steps to execute the plan with our partners Carbon Trade ExChange (CTX), and the Climate Markets Investment Association (CMIA).
The reason of this communication is to advance the decision recommended by our advisors. Climatecoin Foundation is carrying out a continuous sale of Climatecoin CO2 tokens.
Because of the current transition phase between the Kyoto Protocol and the Paris Agreement, carbon credits demand is likely to remain low and uneven until the Paris Agreement’s entry into force (1st of January 2021). From then onwards, credits demand will grow rapidly, hence raising carbon price.
Our purpose is to democratize carbon markets, allowing anyone in the world to do something for the survival of the Planet, while obtaining an economic return.
For that reason, Climatecoin Foundation will support carbon markets system by giving liquidity through the continuous Climatecoin CO2 tokens sale, to be able to purchase carbon credits over the time. We believe that a continued sale, coupled with the establishment of a pool of carbon credits (Climatecoin Carbon Pool), represents the ideal way to support CO2 token holders and to maintain positive impact on carbon market and also the mitigation of climate change over time.
The Climatecoin team want to thank you, dear investors, for the uncountable messages of support received. Also for the contributions and doubts raised from our community, because they help us to improve. The approximate date of public presentation of the updated version of White-Paper is marked for mid-February. We have hired a communication agency so to enrich the content with visuals and graphics.
We are available to answer any questions that may arise from this announcement.
https://medium.com/@Climatecoin/continuous-token-sale-a31b8cfe9a7c