via The Fintech Times
ClimateCoin – The New CO2 Token To Fight Climate Change!
ClimateCoin, is a new cryptocurrency created for Climate Change action. ClimateCoin has announced the launch of its “CO2” Token Sale. Following the Organization investing in companies that fight Climate Change, users will receive a percentage of the accumulated benefits.
The Organization will become a Sectoral Investment fund focused on companies that fight Climate Change and generate Carbon Credits. ClimateCoin is being advised by the United Nations in order to select the projects that meet the Carbon Credits criteria.
The ClimateCoin team aims to provide any citizen in the world with a unique mechanism to participate in the fight against Climate Change, as currently only Governments and large Private/Public Organizations have the capacity to be able to do something about it.
Our CO2 token is a mechanism that makes it possible to receive dividends from the investment of ClimateCoin in companies that create solutions to fight Climate Change, and those which also use blockchain in any of their processes.
The profit for the customer is therefore doubled, as they will receive annual dividends from the companies we participate with (from their profits and the carbon credits they sell) and they will inherently get token appreciation, as our cryptocurrency give tangible value to its holders.
We will provide investment, advice and blockchain guidance to the companies which we work with in order to make their products economically feasible as the companies must be profitable.
Any amount of Ethers can be contributed and profits are paid back in Ether annually. Both a website and mobile application will be available for participants to check any updates on the investment and in Token Distribution Information.
CO2 tokens are ERC-20 tokens and will be distributed through a smart contract. The tokens will be distributed within seven days after the crowdsale has ended.
The pre-sale will begin on September 23, 2017 and it will last until October 1st. It is only available for those interested in contributing more than 100 Ether. There is a hard cap of 800,000 Ether during the pre-sale period.
October 1st at 7 p.m. (UTC) through to November 1st, 2017 at 7 p.m. (UTC). See climatecoin.io
The project is lead by 2 investment banking experts with a long track record in the field, an expert marketing manager, a programmer and a web designer.
They are being advised by a board composed of: Emmanuel Lagard, executive manager of Schneider Electric Europe; Antonio Benedito ex-Repsol Gas general manager; Menorca Millenials co-founder Marcos Martín and Gonzalo de la Peña Cifuentes, a famous serial entrepreneur and co-founder of Invertia.
In addition, they will be joined by 2 Chinese market experts, Antonio Liu Yang and Efren Calvo who is a KPMG tax expert and also several environmental experts from different organizations too.