ZERO CARBON PROJECT - Addressing Climate Change Using Blockchain and International Carbon Credit

Hello everyone, in this new post I want to introduce you about the ZERO CARBON PROJECT , and for more details, let's just go to the following discussion:

The Zero Carbon Project aims to tackle climate change using the blockchain.

Renewable energy has responded well to the climate change challenge, with impressive cost reductions achieved. However, we are concerned that renewables remain too expensive and so the impact on carbon emissions is slow.

WHAT IS THE ZERO CARBON PROJECT?

Zero Carbon Project is tackling climate change using the blockchain and international carbon credits. Renewable energy has responded well to the challenge but its impact has been too small and too slow.

The Zero Carbon Market can deliver a quicker reduction of carbon emissions by beating both renewable energy and fossil fuels on price.

As the catalyst for change, we have created a blockchain-driven economy and Zero Carbon tokens as meaningful reward-based incentives for consumer action.

INNOVATIVE SOLUTION

The Zero Carbon Project has 2 parts:

1. Zero Carbon Markets which delivers a lower price while switching consumers to zero carbon energy; and
2. ZeroCarbon tokens which consumers receive as rewards for consuming zero carbon energy purchased across our Market.

The ‘Zero Carbon Market’ provides consumers access to an intensely competitive marketplace for energy sourced from renewables, nuclear, or from carbon neutral sources defined as fossil fuels with carbon emissions fully offset by international carbon credits.

TACKLING CLIMATE CHANGE USING BLOCKCHAIN

Our Zero Carbon Market beats renewable energy and fossil fuels on price and our customers earn ZeroCarbon token rewards as a catalyst for change. Together we can reduce carbon emissions faster than renewable energy.

THE ZERO CARBON PROJECT SOLUTION

HOW ZERO CARBON MARKETS WORK

Suppliers of zero carbon energy can source from fossil fuels but pay a small premium to offset the carbon emissions using international carbon credits.

To cover the carbon offset premium in order to beat fossil fuel prices, our Market applies intense competition by attracting a wide range of suppliers to Market with their best zero carbon energy prices, tailored specifically to our consumers size, location and usage pattern.

Suppliers submit their best zero carbon energy offers
Offers are compared transparently using like-for-like comparisons, using an online switching system for households and an online reverse auction system for business.
Consumers select their preferred cheapest contract option across our Market.
The consumer completes the contract directly with the successful energy supplier.

HOW THE ZERO CARBON TOKEN ECONOMY WORKS

Zero Carbon tokens have been designed to be valuable in order to provide the catalyst for change and provide incentives for consumers to contribute towards tackling climate change.

Smart contracts have been deployed to the blockchain to manage the use and flow of Zero Carbon token transactions in the Zero Carbon economy.

TOTAL ZEROCARBON TOKEN SUPPLY

The total supply of ZeroCarbon tokens is set at 240 million. We have constrained the initial circulating supply which will increase following growth in demand and customers. Only 10 million or 4% will be unlocked post token sale. 83 million or 35% are locked in a vesting contract and will be released in line with demand growth performance; and 147 million or 61% are allocated to the consumer reward pool.

These tokens have been allocated as follows:

0.01% or 0.12 million already released to early contributors
0.4% or 1 million in liquidity reserve for Zero Carbon Market launch
1.6% or 3.9 million for partners to be unlocked post-sale
8.3% or 5 million to public token sale to be unlocked post-sale
Following to be release from a vesting contract linked to token demand growth

- 15% or 36 million retained by Beond

- 1.6% or 3.86 million for team members

- 9.6% or 23.12 million for token reserve

- 8.3% or 20 million to private pre-sale

61% or 147 million to the reward pool for zero carbon energy consumers.

TOKEN SALE FEATURES

The token sale has the following value adding features for contributors:

Private pre-sale is accessible through a smart contract
KYC whitelisting will continue into and throughout the private pre-sale token sale round
The public token sale round will be conducted across the GBX Grid tokensale platform
Any unsold tokens will transferred to the token reserve contract

TOKEN STRUCTURE

Token name: ZeroCarbon
Token ticker: ZCC
Tokens total supply available: 240,000,000
Tokens for sale: 25,000,000
Hard cap: USD 5,000,000*
Soft cap: USD 2,000,000*
Token price: USD 0.20*

USE OF FUNDS

Proceeds from the USD5 million token sale and the USD15 million equity sale will go towards rolling out the Zero Carbon Markets globally, building the consumer base, developing additional software and services and servicing our customer base. The following diagram shows the allocation of proceeds.