Why is FRST needed?
Existing carbon offset issuance, verification and trading markets are a classic example of market failure. Overly complex, regulated by national governments make it close to impossible to efficiently buy and sell traditional offline carbon offsets.
FRST token trading on FreedomDEX solves for the failure of traditional insititutional and government mandated Carbon issuers such as American Carbon Registry, APX Registry and Gold Standard Registry by implementing our own exchange. FRST tokens can be traded against ETH on our own exchange FreedomDEX.
At the end, Our aims is to integrate Carobono token offset issuance by backing them up by real forests we own. By unrestricted trading on our exchange FRST can be used by emitters to offset their carbon emissions and substantially contribute towards the decarbonization of our economy.
WE ARE BUILDING A PLATFORM
FRST offset tokens against forests we own.
We’re reinventing the global carbon offset trading and certification market - by issuing FRST offset tokens backed by ownership of our own forests. Our technology provides Proof-of-Forest ownership together with satellite verification of the health of the forest
- Proof-of-Forest technology providers
- Backed by ownership of our own forests
- Satellite verification of the forest health
- Two million users target right after IFO
Initial Forest Offering
As there are 4 billion hectares of forest in the world, there will be 4 billion FRST tokens issued.
1 billion FRST tokens will be released during a Pre-Sale and during the public Initial Forrest Offering (IFO). FRST’s compatibility of the ERC20 compliant Ethereum tokens with third-party services wallets, exchanges etc, and provides easy-to-use integration and trading capability.
Team
|
Vitally Marinchenko |
|
|
Valentina Nikolic |
|
|
Jonathan Wallace |
|
|
Nikhil Sethi |
|
|
Enes Plojovic |
Roadmap
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March 2018
FreedomDEX
Launch of FreedomDEX trading platform. Listing sell and buy orders for more than 30 most popular ERC-20 tokens.
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June 2018
Forest location
Locating of first forests to buy.
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July 2018
ICO preparation
ICO preparation & Press Tour.
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September 2018
Starting with Product Development
Starting with Product Development, and expansion of team.
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December 2018
IFO
Initial Forest Offering.
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January 2019
FreedomDEX Trading
First trading of FRST tokens on FreedomDEX.
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February 2019
Satelite implementation
Implement satellite monitoring of forests. Aggregate forest holding exceed 1000 hectares. First purchase of FRST token by a major emitter.
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March 2019
Exchanges
Listing FRST Token on exchanges.
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June 2019
Network
Global rollout of FRST network.
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October 2019
Proof-of-Forest
Proof-of-Forest Blockchain usage announcement.
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December 2019
Partnership
Partnership with the United Nations and a major industrialized country.
White Paper
| Investment Info | |
| Accepting | ETH |
| Token Info | |
| Country | None |
| Hardcap | 20,000,000 USD |
| Softcap | 5,000,000 USD |
| Token | FRST |
| Platform | Ethereum |
| Type | ERC20 |
| Token Price | 1 ETH = 30,000 FRST |
| Token Count | 2,200,000,000 |
| Schedule | |
| Pre-Sale Start Date | 2018-September-01 |
| Pre-Sale End Date | 2018-November-01 |
| Crowd Sale Start Date | 2018-December-20 |
| Crowd Sale End Date | 2019-January-08 |
Forest Foundation - Real forests and real carbon offset tokens(FRST)
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