Connect with us

Blockchain Technology

THE CARBON COINS MANIA CONTINUES. FOCUS ON CLEANCARBON AND 2G CARBON COIN

Published

on

On July 26, 2022, the 2g Carbon Coin token was listed on the CEX and precisely on the TOKPIE exchange, which reached a record price on the DEX and above all a world-leading market cap.

Various media and analysts have already talked about 2GCC (this is the ticker of the 2G CARBON COIN). More unique than the rare case, listed on the DEX last 8 July 2022, 2G Carbon Coin has reached a value 5 times higher than Ethereum and seems destined to give even Bitcoin a hard time.

$2GCC is minted on Binance Smart Chain, the blockchain born from Binance, the giant and undisputed king of Crypto exchanges. This is a BEP-20 utility token, created by a Tunisian group with a subsidiary in Switzerland, whose core business is the refining of second-generation bioethanol. With 2G Carbon Coin the group intends to revolutionise, simplify and make the Carbon Credits trading process more transparent, bringing it to the blockchain.

The project is built on solid foundations. Much. In fact, the group already has an advantage, having 76.5 million Carbon Credits in its portfolio, thanks to its own agricultural sector with a cultivation that extends over 100,000 hectares in El Hamma, Tunisia. A current value in the portfolio of around 1.5 billion of Carbon Credits which makes the project stable, credible and above all long-lasting.

This explains the huge response received in DEX markets which has made the token soar to over $7,000 in about 15 days and a market capitalization of over 400 trillion depending on the liquidity minted.

However, we read on the website that 90% of the liquidity is on a Burn Wallet or destined to be “burned” if the value of the token remains at these levels (today we are at about $ 4,500).

The project has an intrinsic algorithm that plans the rarity or a deflationary principle of the token. In fact, the $ 2GCC token utility is backed with real Carbon Credits that can be redeemed by burning the tokens. A mechanism therefore that provides for a progressive reduction over time of the liquid mass and therefore the progressive value taking of the $2GCC.

A project that has the classic win-win factors.

  1. The increasingly rich market of Carbon Credits, which many analysts believe to be the eldorado comparing it to the gold and silver market.
  2. The initial solidity of the project with over 1.5 Billions worth in Carbon Credits backed to the tokens
  3. A deflationary principle that tends to progressively reduce liquidity in relation to the Carbon Credits issued.
  4. No transaction fees.

A similar project is that of CLEANCARBON. For now listed only in DEX, CARBO (this is the ticker) is worth about $ 0.038 for a supply of 500 million from which derives a market cap of 19 million dollars. Good liquidity (around $ 370,000) guarantees stability and credibility of this BEP-20 token, also minted on BSC.

The Cleancarbon project is based on the implementation of a pilot project which involves the construction of an industrial plant in Fuerteventura, in the Canary Islands, which allows the conversion of waste into clean energy and hydrogen.

The main advantages of the Cleancarbon project are:

  1. Full carbon conversion
  2. No Toxic residuals
  3. No fire and no smoke
  4. Removes toxicity
  5. Highest energy recovery
  6. Compliant with regulations
  7. Efficient and 100% green

The particular attention to the DAO of this project, with a voting platform and community orientation, makes it particularly attractive for the crypto investor and for blockchain lovers, unlike 2G Carbon Coin whose management and logic still appear too little transparent as well as centralised. 

Also interesting is the management of the CARBO treasury, 40% oriented towards Stablecoins staking, 30% investment in gems, or start-ups that can guarantee large profits together with a high risk, 30% in Crypto trading.

In general, more and more crypto gems are minted on projects with a particular attention to the climate. However, it will be the ability to support the market that will determine which of these can constitute, beyond a purely speculative instrument, a successful project.

 

Continue Reading
Advertisement
Advertisement
Advertisement Submit
Press Release4 days ago

Scandcoin (SCA) Launches Pioneering Platform, Backing Crypto Assets with Real Scandinavian Startup Equity

Press Release5 days ago

The Purr-fect Wave: How TabbyCatMeme ($TCAT) is Redefining the Meme Coin Game on Solana

Press Release7 days ago

Lithosphere Advances Agent-Centric Blockchain Infrastructure Through Expanding Web4 Ecosystem

Press Release7 days ago

Focusing On Localized Regulatory Adaptation, Truoux Embraces The MAS Regulatory Framework

Finance2 weeks ago

The Resale Math Behind Choosing Herman Miller Furniture Over Fast Furniture

Press Release3 weeks ago

Arxia, The Next Major Layer 1, Records First Blockchain Transaction Over LoRa Radio Without Internet, Cellular, or Satellite

Press Release1 month ago

Truoux Upgrades High-Performance Matching Engine to Ensure Trading Resilience During Extreme Market Conditions

Press Release1 month ago

Truoux Obtains US SEC License, Advancing Crypto Financial Compliance

Press Release1 month ago

Truoux Obtains US MSB License, Building an International Compliance Framework

Offshore Appeal
Finance1 month ago

The Offshore Appeal: Why Certain Island Nations Dominate the Trust Market

Inground Pools
Alternative Energy1 month ago

Why Inground Pools Buffalo NY Are a Smart Investment

Press Release1 month ago

ElmonX Brings Baseball’s Holy Grail to the Blockchain with Reimagined T206 Honus Wagner Digital and Physical Drop

IV Therapy
Alternative Energy1 month ago

What Are the Risks of IV Therapy

Roman Candle
Home & Family1 month ago

What Does a Roman Candle Symbolize

Press Release1 month ago

USDX Aims to Redefine Stablecoins with Yield, Utility, and Real-World Demand

Advertisement
Advertisement

Trending News