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.