In 2010, the world had 3.92Gha of tree cover, extending over 30% of its land area. In 2020, it lost 25.8Mha of tree cover. From 2001 to 2020, there was a total of 411Mha of tree cover loss globally, equivalent to a 10% decrease in tree cover since 2000 and 165Gt of CO₂ emissions (globalforestwatch.org).
Deforestation is not the only factor contributing to CO2 emission. There is an emerging industry notably the crypto-industry with its proof-of-work (PoW) technology has been criticized because of its energy usage. Bitcoinenergyconsumption.com shows estimated annual emissions of over 57 million tonnes of CO2 per year, which is about the same annual carbon footprint as a small European country such as Norway or Ukraine.
Tesla’s Elon Musk was worried about the unsustainable energy demand of Bitcoin, hence Musk pushed his environmental concerns further by meeting with Bitcoin miners to discuss ways to make the cryptocurrency greener.
Nevertheless, 8 per cent of the world’s annual carbon dioxide emissions was due to the loss of tropical forest (Global Forest Watch). Maintaining under 2 degrees Celsius of warming and thereby withstand the worst effects of climate change, more aid must be allocated to forest-focused global warming mitigation strategies notably tree planting activities.
Many tree planters around the world are doing hard work in restoring our ecosystem. During those tree tending years, the growers especially in many rural communities are unaware that their trees have also sequestered tons of CO2 – that benefits everyone on the planet.
However, tree growers are not financially compensated for their efforts to provide carbon offset and ecological benefits to our planet. Efforts for planting and tending trees are reduced due to the lack of direct financial incentives especially in many rural communities around the world. With SAFETREES cross-platform mobile and blockchain technology, we will reverse this scenario. We will give awareness, direct financial incentives and more benefits to those silent heroes who are doing a tremendous effort in fighting environmental degradation.
What is the SAFETREES project?
SAFETREES is a decentralized eco-friendly community-based project that aims to compensate the efforts of those supporting in saving the environment notably tree growers in rural communities and environmental groups. Its deflationary native token TREES is on Binance Smart Chain, boasting several impressive features. It is the first token with ultimate purpose and tangible product i.e. SAFETREES App tree-tracker and a Tree adoption marketplace where tree adoption would take place.
The TREES token is a sustainable carbon credit incentive utility token for tree farmer or tree-planting organization’s ecological impact and contribution to curbing the effects of environmental imbalance. It is a digital asset created to compensate for greenhouse gases emission and provide more convenient alternatives to reducing one’s fossil fuel consumption.
In addition, by investing in the TREES token, holders will reap rewards through a static reflection mechanism built-in into the smart contract algorithm, so token holders are guaranteed to watch their wallet grow indefinitely.
What makes the TREES token different from other tokens/ coin?
SAFETREES use a novel mobile application with a tree-tracking algorithm that allows tree growers and individuals app users to take geotagged images of their trees which automatically measures the tree attributes, register the GPS coordinates, and assigns a unique tag or number to the tree and stored the data into the blockchain as tokenized or minted information.
How and Where to Buy TREES Token?
TREES token is now live on the Binance Smart Chain mainnet through Pancakeswap DEX. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise you to be vigilant and stay safe when investing in crypto. Do your research with due diligence. Because this is not financial advice. Don’t let the hype get the best of you.
The token address for TREES is: 0xd3b77ac07c963b8cead47000a5208434d9a8734d.