1. What is Carbon Credit?
Carbon Credit Token (CC Token) is a cryptocurrency that is backed by regulated carbon credit.
CC Tokens are collateralized by European Union Allowance (EUA) Futures – the most traded carbon credits in the world. Operating in regulated rather than voluntary carbon markets, CC Token acquires EUA Futures and releases equal numbers of CC Tokens with an asking price reflecting the acquisition price.
Through these mechanisms, 1 CC Token represents approximately 1 Kilogram of Carbon Emission. Price appreciation in Carbon Allowances will help to incentivize Carbon Emitting firms to acquire energy from more environmentally friendly sources.
By revolutionizing how consumers can access carbon markets, CC Token is making it easier than ever for ordinary people to offset their own carbon emissions.
2. Coin Info
- Token NPMe: Carbon Credit
- Token Symbol: CCT
- Token Type: ALGO
- Total Supply: 600,000,000 CCT
- Circulating Supply: 1,550,010 CCT
3. Useful Links
- Official Website: https://cctoken.co
- Explorer: https://algoexplorer.io/asset/657291910
- Whitepaper: https://www.cctoken.co/whitepaper
- Telegram: https://t.me/cctokencommunity
- Twitter: https://twitter.com/cctoken2022?s=11
