Skip to main content

CO2T Token

Overview​

CO2T Tokens are integral to the CO2 TRUST platform, facilitating advanced listings and secure transactions for carbon credits. These tokens allow carbon credit suppliers to engage with the market prior to credit production and help manage financial interactions such as royalties.

Listings and Royalties​

Advanced Listings​

CO2T Tokens enable suppliers to list anticipated carbon credits, which allows them to secure investment based on projected outputs. This pre-listing helps stabilize funding for carbon reduction projects and provides an early gauge of market interest.

Royalties​

When CO2T Tokens are traded on the platform, a predefined royalty can be applied to transactions. These royalties are set by the suppliers during the listing process and are meant to provide ongoing revenue from the credits as they continue to be traded on the market. This system benefits suppliers by offering a continuous income stream in addition to the initial sale.

Supplier-Specific Tokens​

Each CO2T Token is explicitly associated with a specific supplier. This clear association ensures that buyers know the origin of their credits and can make informed decisions based on the supplier's reputation and project effectiveness. It also adds a layer of trust and transparency to the marketplace.

CO2T Tokens allow for the pre-listing of anticipated credits, which can be locked with wCORC tokens upon their actual production and verification:

  1. Pre-listing Credits: Suppliers use CO2T Tokens to list expected carbon credits, engaging investors and securing funds based on projected credit production.
  2. Unlocking with wCORC Tokens: When the credits are produced and verified by Puro.Earth, they are issued as wCORC tokens and can be locked to CO2T Tokens. This locking effectively transitions the tokens from a speculative state to market-ready assets.

Refund Policy and Locking Period​

The integration of wCORC tokens with CO2T Tokens is closely tied to the platform's refund policy:

  • Refundable State: Initially, CO2T Tokens are in a refundable state when credits are pre-listed but not yet produced. This allows buyers to invest with confidence, knowing they can opt for a refund if the anticipated credits are not produced or verified.
  • Ending the Refund Policy: The refund policy remains in effect until the actual carbon credits are produced, verified, and locked with the CO2T Tokens. Suppliers are required to ensure that the credits meet all verification criteria and are attached as wCORC tokens within a specified period.
  • Locking Period: Once the wCORC tokens are successfully locked to CO2T Tokens, the tokens transition out of the refundable state. This finalizes the transaction, ending the refund period and confirming the credits as non-refundable assets ready for trading or retirement.

Conclusion​

CO2T Tokens streamline the transaction process on the CO2 TRUST platform by bridging anticipated carbon credits with verified real-world offsets. The refund policy associated with these tokens ensures that investments are protected until credits are fully verified and locked, enhancing trust and reliability within the carbon credit market. This system supports both suppliers in securing early funding and buyers in participating confidently in the carbon market.