🌲What is Project Dendro ?

Dendro Coin

Dendro Coin (TREE) is a cryptocurrency token currently being built on the Pulsechain Network. It is designed to support a unique ecosystem that promotes environmental sustainability and carbon offsetting through blockchain technology. The Dendro Coin project aims to create a decentralized marketplace for carbon offsetting and forest conservation, leveraging the power of blockchain to facilitate transparent and efficient transactions.

Token Details

  • Name: Dendro Coin

  • Symbol: TREE

  • Blockchain: Pulsechain Testnet v4

  • Contract Address: 0x6F33473e4778940238ca9a553235482450a49922

CO2 Token(CO2)

CO2 Token is another cryptocurrency token within the Dendro ecosystem. It is an ERC20 token built on the Pulsechain Testnet v4. The CO2 Token represents carbon offset credits that can be utilized in carbon offset transactions.

CarbonOffsetReceiptNFT and ForestNFT

The Dendro ecosystem also includes two non-fungible token contracts: CarbonOffsetReceiptNFT and ForestNFT.

CarbonOffsetReceiptNFT(CORNFT) is an ERC721 non-fungible token contract that represents carbon offset receipts. These receipts serve as proof of carbon offset transactions within the Dendro ecosystem.

ForestNFT(FOREST), is an ERC721 non-fungible token contract that represents ownership of forest shares. Each ForestNFT corresponds to a specific forest share and contains information such as the carbon offset achieved by the share, location of the land parcel, owner address, and expiration date.

The CO2 Token , CarbonOffsetReceiptNFT, and ForestNFT work together to facilitate carbon offset transactions and the ownership of forest shares within the Dendro ecosystem.

How It Works

  1. Minting ForestNFTs: Users can mint ForestNFTs by using DENDRO tokens. Each ForestNFT represents ownership of a forest share and the carbon offset achieved by that share. The initial carbon offset value is set during the minting process.

  2. Carbon Offset Transactions: Users can engage in carbon offset transactions by using CO2 tokens and CarbonOffsetReceiptNFTs. They can purchase carbon offset credits represented by CarbonOffsetReceiptNFTs, which can be used to offset their carbon footprint. The purchased carbon offset credits can be burned to permanently remove carbon offsets from circulation.

  3. Forest Share Management: ForestNFT owners can manage their forest shares by adjusting the carbon offset value and renewing the expiration date. This allows for flexibility as the forest share's carbon offset may change over time.

Governance: DENDRO token holders can participate in the governance of the Dendro ecosystem. They can vote on proposals, decisions, and improvements to the ecosystem.

Summary

Dendro Coin is an innovative project that combines blockchain technology with carbon offsetting and forest conservation. By leveraging the power of decentralized finance and tokenization, the project aims to create a transparent and efficient marketplace for carbon offset transactions. Dendro Coin holders can contribute to environmental sustainability while participating in the governance of the ecosystem.

For more information and updates about the Dendro Coin project, please refer to the official website and social media channels.

Official Website: projectdendro.com Twitter: @projectdendro

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