MOSS’ MCO2 Token Takes the Fight to Climate Change

MOSS’ MCO2 Token Takes the Fight to Climate Change

By Edward Moon | Analysis From Moon | 7 Dec 2020


According to statistics, 2020 will not only be remembered as the year when Covid-19 ravaged the world but also as the time when deforestation pushed beyond any conceived boundaries. Demolition of forests on such a scale already brought major fires to the Latin American region.

On a broader scale, deforestation is only part of the bigger problem known as climate change. Humans and corporations have caused damage to our planet without thinking about the consequences.Scientists now worry about these actions' effects and predict we may reach a point of no return by 2050 unless action is taken now. 

Deforestation and climate change go hand in hand.When trees are cut down, they release carbon dioxide into the air, which would inevitably be processed into oxygen during their normal activity. All living creatures on this planet will suffer as a result. Thankfully, there is now a solution in place that is modern and accessible and actually works.

MOSS Digitizes Conservation Efforts 

To prevent permanent climate change. MOSS has focused on conservation efforts by providing financial support to projects that curb Greenhouse Gas (GHG) emissions. Being a pioneer in its race, the MOSS native token, MCO2, is the first Global Carbon Credit Token that compensates for carbon footprint reduction.

By launching this initiative, MOSS simultaneously embarks on a mission of preventing climate change. The first target on its list is Brazil, the birthplace of the world's largest rainforest zone. Having these natural resources continuously exposed to an industrial threat, MOSS is the first environmental project that leverages blockchain to oppose the forest's danger vanishing from the world.

This change - which will encompass many different projects - is direly needed. In its native form, the carbon credit market is analog, inaccessible, insecure, and lacks transparency. That is no longer viable in this era of modern technology and being connected globally. MOSS has successfully created a modern version of this industry and already makes an impact to boot. 

Since bringing this initiative to market in Q1 of 2020, MOSS has already sent $10 million to Brazilian conservation projects. The sale of carbon credits by MOSS is forwarded to environmental projects that, through their sustainable activities, jointly protect and preserve an area of approximately 1 million hectares. This serves as a great example of what can be achieved when making the carbon credit industry more accessible and incentivizing consumers and corporations to actively participate. 

With the help of blockchain technology, MOSS creates an initiative that is relevant today and remains viable in the future. Its carbon credit inventory - roughly 20% of the global supply over the next 4 years - has been tokenized through the MCO2 token. Top-notch experts have carefully reviewed the code. Approval has been received from Perkins Coie, CertiK and others. 

The Purposes of MCO2 

The native token by MOSS has a proven track record. Being listed, since August 2020, on FlowBTC. The token is now accessible to all Brazilians and soon will be listed on the main global exchanges.A global push is needed to create a sustainable future for the Human race, but also Mother Earth.

It is worth pointing out that one carbon credit token - or MCO2 - equates to one ton of carbon, either emitted or not. This amount of saved emission, in turn, may lead to saving half an acre of pristine forest. With an active advancement of the MCO2 Token project, it could lead to promoting the conservation of nature on a global scale.

The simple structure of the MCO2 token allows it to be embedded in other blockchains and environmentally-centered projects, applications, services, and products. It is a crucial element for recovering the environment from the damage made by carbon footprint. 

Eventually, the MOSS market proposition's novelty may spur innovation among environmentally-focused projects and can give rise to the trend of safeguarding natural resources. In the long run, the carbon credit market may become a cornerstone of the new sustainable economic model and encourage a higher level of environmental awareness globally. None of this would be possible without modernizing the carbon credit industry, a process that was often overlooked by regulators and other powers-that-be.

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Edward Moon
Edward Moon

Crypto trader and analyst.


Analysis From Moon
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