🔣Overview

The Tokenomics of Eco30 are designed to incentivize the realization of our impact goals. Industry estimates[6] indicate that global demand for voluntary carbon credits may reach 2 gigatons per year by 2030 and 13 gigatons per year by 2050. Other sources claim that we need to remove 1000 gigatons of total CO2 this century.[7] Our conservative goal is for Eco30 to represent 1% of the total global voluntary offset market by 2030, meaning that we would intent to register the capture of .02 gigatons, or 20,000,000 tons of CO2 annually by 2030 and .13 gigatons, or 130,000,000 tons of CO2 annually by 2050. With the total global CO2 offset need hovering around 1000 gigatons, our goal would be to register the sequestration of 1 gigaton, or 1,000,000,000 tons of CO2 total. Each Eco30 token is representative of one ton of CO2 offset, with a maximum total supply of 1,000,000,000 Eco30 tokens, representative of our 0.1%, or 1 gigaton goal. These tokens will be held in a vault, governed by the DAR.

As projects that meet the criteria of the DAR are approved and entered into the registry, an allocation of Eco30 tokens corresponding to the total potential offset value of the project will be transferred from the main vault to a project specific account. These tokens will be held and distributed as the project is funded, initiated, and verified. This will keep the circulation of tokens limited and corresponding to the actual real world impact of the projects. In order to incentivize land owners and caretakers to maintain the health of their forests over the long term, tokens will be distributed periodically according to the actual CO2 offset that occurs. In order to achieve this continuous distribution, and to also provide liquidity to the market, project stakeholders will receive NFTs that are Future Carbon Offset Tokens FCOTs. These tokens will represent ownership in a particular project, and the holders of said NFTs will receive the distribution of ICOs (Eco30 tokens) at the time of distribution. This will empower investors to liquidate their future stake in a project in exchange for verified offsets.

Pricing

The price of Eco30 tokens will correspond to the global market value of CO2 offsets. We anticipate that Eco30 tokens will demand a premium over typical carbon offsets because they are verified, additional, and of superior quality. Industry estimates peg the value of one ton of CO2 offsets as reaching somewhere between $20[8] to $100[9] by 2030. These estimates indicate a tremendous growth in value for CO2 offsets and indicate that they will be a reliable investment vehicle for years to come.

Using these price estimates, and our 1% market share goal, this indicates that the Eco30 ecosystem could be producing somewhere in the range of $400,000,000 to $1,000,000,000 USD in CO2 offsets annually by 2030.

Distribution

The Eco30 Tokenomics are designed to distribute value across the ecosystem in a way that incentivizes all participants to serve the network as a whole, while also benefiting directly. Most Eco30 tokens will only be distributed as new projects are approved, trees are planted, and impact is realized.

A small portion of tokens has been allocated to seed funders and early adopters who were provided the opportunity to purchase tokens at a discount in exchange for taking on the added risk of investing at the earliest stages of development. Other tokens have been reserved as added incentives for the community and the team, as well as for core activities such as marketing and partnerships. These tokens will be distributed over time into pools that will be governed over by the various committees in the DAO. The rate of distribution is set according to the initial model, and will be modifiable by the treasury council if the network determines a need to modify the parameters. The token distributions are set to continue until 2030, according to the impact goals of Eco30.