Every 10 Carbon Harvest are backed by 1 Carbon Certificate
The Babu Mask Project is a Blockchain verified Certificate (BvC) of Participation.
Carbon Harvests are backed by real world assets (RWA). RWA projects generate their value outside of the blockchain and offer real world utility to attract demand.
In our case the RWA is registered ISO-14064 Carbon Certificates. Every 10 Carbon Harvest Token are backed by 1 Carbon Certificate and held in trust on an independent Carbon Registry.
When these are sold, the value is added to a liquidity pool and becomes available to Token Reward Holders as a cash-back reward, tax donation receipt or to access partner offers in the future.
What does the market say about Carbon Certificates?
A Carbon Offset certificates certifies, that 1-ton of CO2 was removed from the atmosphere.
In order to be certified, a carbon developer must develop and implement a carbon project design plan for a-/reforestation, community stakeholder management, facility management, monitoring, reporting and third-party verification.