A new crypto coin has been developed by Corcovado, a creative community, their goal is to connect with the natural world. The project CorcoCoin was announced to accelerate the regenerative economy and help prevent climate disaster with crypto-based rewards for the carbon captured by trees.
People can invest up to £10 equivalent to $13, to enable them plant a tree using CorcoCoin. The GPS location and photos of the tree are then uploaded on the Telos blockchain, which then mints a non-fungible TREE token (NFT). As the trees grows and captures carbon, token holders are rewarded with CorcoCoin througout the tree's life.
Dave Eramus, Co-Founder of Corcovado, said “Our nation’s money systems have become divorced from nature, causing climate annihilation. With CorcoCoin and the TREE token, we hope to restore that fundamental connection of trading goods and services amongst friends in our global village to create a regenerative relationship, not an extractive one. It is only due to the dedicated efforts from the fellow designers that we have got this far. I want to thank Roger Davies, Rory Mapstone, Jim Hewitt, Simon Elgar, Nezir, Jim Mann, Andy Smithyman, the people who dug and planted our first trees, and the 50 founding TREE token holders who jumped in to support the original idea through crowdfunding.”
“There is enormous potential to benefit the future of humanity and our planet through regenerative practices done today. But because the costs and work of these projects are in the present while the benefits are in the distant future, there’s little direct incentive for individuals to take the actions needed today. Everyone just hopes others will do the work,” said Douglas Horn, Telos Chief Architect and whitepaper author. “Corcovado is building a way to move some of the rewards for these activities into the present or near future for those providing the funding or work now. This breaks the ‘Tragedy of the Commons’ logjam and incentivizes action. At Telos, we’re thrilled to support the type of innovation that leads to a more sustainable future.”
The project came about after Dave's friends recommended that Dave visit Corcovado Rainforest in Costa rica, an area that represents 2.5 percent of the worlds biodiversity. In just a few short weeks, the frenzied modern-day life of hustle and bustle eased off from Dave and he felt a resonding sense of peace that fuelled a deep level of creative thinking. The impact of both the Corcovado Rainforest and the culture of the Costa Rican people and their lifestyle (Google ‘pura vida’) inspired Dave to recreate a similar environment closer to home. In 2016, inspired to continue this experience, Eramus underwent a personal experiment to get to the basics and learn from nature. He formed a partnership with an estate to sit in 25 acres of woodland in Sussex, England with no goals or agenda, living in a simple shepherds hut, and spent an entire year observing, writing, reflecting on his surroundings and simply being. He then went ahead to share his experiences on his YouTube channel, thereby growing an audience in 150+ countries, with more than 2 million views, and working to support the growing community that began to visit and co-create. People from across the world began to connect with his story, and offered tips for outdoor living, also sending tools and equipment to assist him.
He also produced a Corcovado Handbook and a short film titled 'Once Around The Sun.' What became a personal journey in V1 soon evolved into a social experiment as the Corcovado project began to connect people across the world through the values of community, connectedness, nature and creativity. It was towards the end of V1 that the next chapter of Corcovado emegred.....V2
V2 is creating a network of physical spaces in the natural world (CorcoHubs) that can be shared with the CorcoCommunity through private visits and public events. There are now four locations in England, Scotland, France and Spain with more in the time to come including Pakistan, Mexico and Rwanda.
In November 2018, the already four established CorcoHubs came together to host The Swirl Tour – a series of intimate micro-festivals featuring live performances, craft workshops, talks and walks in nature.
According to Blocktivity, Telos blockchain is a high-capacity network and one of the most active blockchain platforms in the world. Telos is characteristic of a robust, third-generation blockchain governance system including advanced voting features and smart contracts that can be set up to help the developers needs to be met. Created by developers for developers, Telos extends its sophisticated blockchain and governance features to all DApps on its platform, delivering on its user experience in the marketplace
Thank you for your time. Interested in investing please visit CorcoCoin.org
Plagiarized content from the following website:
https://www.the-blockchain.com/2020/09/24/corcocoin-launches-crypto-based-rewards-for-growing-trees-to-offset-carbon-emissions-and-help-prevent-climate-change/
Content that will be silenced because it is plagiarism.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit