Forest Foundation is introducing an ecosystem that issues private carbon offset tokens that are backed by real forests. A project aiming to save the environment. Working on a platform that will issue Carbon offset tokens against forests we own. Forest Foundation’s mission is to contribute to the health of the Earth by preserving and maintaining forests around the globe. We believe that saving our planet is everyone’s responsibility and the best way to do that is to reduce our carbon footprint through forestation. TheForest.IO will keep on buying forests as the value of the FRST tokens rise. More forests, more FRST has value. More usage among consumers and corporations, the more FRST has value and the moe forests we can buy. Issuance of a forest backed FRST token starts a virtuous circle.
Forest Foundation is addressing the need for immediate action required to preserve Earth’s climate by purchasing forests around the world. The Foundation will issue carbon offset tokens backed by real forests and similar green plantations. For companies and individuals who want to hold carbon credits that are truly meaningful, Forest Foundation is providing a way to assure that the credits mean something and aren’t just a way of getting regulatory compliance. Forest Foundation will use blockchain technology to develop a transparent ecosystem, where data pertaining to the sale, purchase, and monitoring of forest land will be validated through the blockchain. The Foundation will use satellite imagery, property title, and annual tax documents to establish proof of ownership of the forest as well as its maintenance record. Additionally, Forest Foundation will partner with third-party agencies/corporations to spread its methodology globally.
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