[ANN][ICO] EARTH TOKEN - Participate in the $120 trillion natural asset market - page 82.

kerneloops

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Quote from: T.Stuart on September 25, 2017, 12:14:47 PM

and for what in this sphere the token will be necessary? Is it really necessary in this project, please explain more

That is a great question, thank you.

Firstly to understand the utility of the token, lets look at the main problems the Natural Asset Exchange and Earth Token wish to solve:

High barrier to participation - Currently the only participants are the huge multinational corporations and governments.
Systemic corruption - Gate Keepers have too much influence/control, inviting corrupt and costly practices, tarnishing the sector as a whole.

The above problems are solved by opening up participation to everyone, including private individuals. Thus, instead of a handful of players, we will have a global pool of participants.

This will require the use of Earth Tokens (ETN) as the settlement currency for the following reasons:

1. Reduction in the complexity related to fiat currency exchange rates.

2. Reduction in transaction fees.

3. Elimination of lengthy transaction/settlement times. Transaction and fulfillment to happen simultaneously.

4. Elimination Counterparty Risk through the enabling of smart contracting to enforce agreed terms of trade.

5. Open up the Natural Asset market to IoT, enabling all devices to interact with the Natural Asset Exchange blockchain

kerneloops

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Quote from: ddh343 on September 25, 2017, 11:20:42 AM

There are a lot of coins on the theme of environmental protection, this idea is also good, because not much understanding of the environmental protection industry, the technology in the industry's application can be explained in detail?

We'll use Carbon Credit trading as an example:

At the moment, if you wanted to participate in carbon trading, you'd have to go through a trading/risk management agency. Assuming you had done your due diligence regarding said agency (trying to avoid scams), decided upon the specific market

and finally completed said agency's sign-up process, including paying into an escrow beforehand, AFTER you had paid registration fees

you'd be all ready to go...

Earth Token and the Natural Asset Exchange will take care of all that in an open and transparent way, instantaneously.

Ultimately a government, corporation, individual, even an IoT device, should be able to open a payment channel and do a just-in-time, real-time mitigation transaction, linked to an activity, based on authority to transact, backed up by complete transparency.

Earth Token and the Natural Asset Exchange will provide an open, transparent, universally inclusive market place that is missing from the current scenario.

T.Stuart

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One Token to Move Anything Anywhere

and for what in this sphere the token will be necessary? Is it really necessary in this project, please explain more

kerneloops

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Quote from: ifyousmell on September 25, 2017, 11:08:43 AM

the global natural asset marketplace is too broad a concept, natural assets can be anything, can you be more specific on what aspect/sector you want to focus on? natural energy?

Natural asset marketplace is a broad concept, true.

The project focus is in tokenization of Renewable Energy Certificates, Carbon Credit Assets, Recognized Environmental Conditions (REC, e.g. the presence of any hazardous substances or petroleum products on a property), metered output, and climate assets.

Natural Asset Exchange & Earth Token will

• Provide a free, open, transparent and universally accessible platform connecting producers of Natural Assets with buyers
• Eliminate fraud and double counting of Natural Assets
• Provide sellers with flexible pricing mechanisms
• Reduce complexity related to fiat currency exchange rates
• Eliminate registration fees for both buyers and sellers
• Eliminate the need for, and costs associated with, external 3rd party registries for both buyers and sellers
• Eliminate the requirement for buyers to fund escrow accounts
• Eliminate minimum transaction volumes
• Result in reduced transaction fees
• Simultaneous fulfillment & settlement reducing current lead-times
• Enable embedding of Natural Assets directly into products and / or services
• Enable universal access to Natural Asset project investments, creating sustainable, risk-adjusted, long-term returns for all participants

m_nief

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Moonbet.io

waiting for the bounty programs information. it will be nice to take a part there. i wanna join translation bounty and reserve for indonesian translation.

ddh343

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There are a lot of coins on the theme of environmental protection, this idea is also good, because not much understanding of the environmental protection industry, the technology in the industry's application can be explained in detail?

kerneloops

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Quote from: theskillzdatklls on September 25, 2017, 11:03:32 AM

why participate in a 120 trillion market when one could participate in a 1.2 quadrillion dollar market place? asking for a friend.

It is true a valuation of $120 trillion sounds like a made up number if that's what you're alluding to

but no, the project didn't make that up.

https://naturalcapitalforum.com/about/

The point is, there's an untapped market that has so far been run by governments and large corporations. We, as consumers have had no real means to participate in that market. Earth Token is about to change that.

ifyousmell

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the global natural asset marketplace is too broad a concept, natural assets can be anything, can you be more specific on what aspect/sector you want to focus on? natural energy?

theskillzdatklls

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MintDice.com | TG: t.me/MintDice

why participate in a 120 trillion market when one could participate in a 1.2 quadrillion dollar market place? asking for a friend.

zuggu-1

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Quote from: jamalaezaz on September 25, 2017, 07:19:08 AM

following. and reserving this spot for bounty details.

following the project and waiting for bounty announcement manager

kerneloops

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Quote from: trinaldao on September 25, 2017, 07:22:38 AM

Quote from: jamalaezaz on September 25, 2017, 07:19:08 AM

following. and reserving this spot for bounty details.

reserve for indonesian translator if you are manager this bounty Wink

this is my latest work : https://bitcointalksearch.org/topic/m.21956585

We'll have a bounty campaign set up soon. Stay tuned.

cok_elat

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nice idea. it can be usefull project. i hope this project can run for long period of time.

trinaldao

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Post your ann & bounty just contact me

Quote from: jamalaezaz on September 25, 2017, 07:19:08 AM

following. and reserving this spot for bounty details.

reserve for indonesian translator if you are manager this bounty Wink

this is my latest work : https://bitcointalksearch.org/topic/m.21956585

jamalaezaz

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following. and reserving this spot for bounty details.

btcconvertor

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this could be interesting

kerneloops

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EARTH TOKEN ICO by impactChoice

impactChoice, a leading provider of environmental sustainability software, will launch a token presale of its ERC20 Standard cryptocurrency, Earth Token (EARTH) on November 17, 2017. The main token sale will commence one week later, November 24.

The goal of the project is to combine the strengths of Blockchain and Cryptocurrency with years of experience creating Environmental Sustainability Solutions to establish a global Natural Asset Marketplace that removes current barriers to participation in activities that preserve our Environment, while providing all stakeholders with tangible assets that appreciate in value as the market matures and grows.

The impactChoice Natural Asset Exchange blockchain platform and Earth Token (EARTH) will accelerate global Environmental Sustainability efforts and transform the $120 Trillion Natural Capital Asset Market by allowing the market to grow organically and achieve its massive potential.

Earth Token (EARTH) funds will be held using multi-sig wallets, including two of three signatories for the control of funds. All token sale information will be available at the official Earth Token website (www.earth-token.com).