8️⃣Carrot as a Catalyst to End Global Warming
Carrot marks a breakthrough in the carbon removal market. By integrating blockchain technology with an innovative architecture, Carrot is the foundation for a trustworthy and scalable ecosystem designed to accelerate the development and deployment of effective carbon removal solutions. Essential take-away qualities provided by Carrot:
Grading of storage durability: Include the assessed durability of each carbon storage solution into the token ID itself, to facilitate global price discovery driven by impact and to support combining tokens of equal grade.
Combining liquidity and traceability: Preserve the immutable signature of each project on its fractionable tokens throughout its lifecycle, while enabling the trading of composite baskets or the creation of liquidity pools.
Segregation of ex-ante and ex-post: Cleanly delineate future and realized carbon removal with two distinct types of tokens (Seed and Carrot) that convert proportionally to project advancement. The model furthermore creates a framework for the funding of innovation through the pre-sale of explicitly ex-ante tokens that convert into ex-post.
Scalability through decentralization: Delegate endorsing and minting authority under the governance of a community of Tracer stakeholders who are incentivized to support a vibrant carbon removal ecosystem.
To reach its projected $100 billion valuation between 2030 and 2035 and place it on a trajectory to end global warming, the carbon credit market must prioritize high-integrity projects while significantly increasing liquidity and scale.
Carrot’s foundational infrastructure streamlines marketplaces and funding while ensuring end-to-end traceability. Its unique set of qualities places the carbon removal market on an accelerated growth path, support a vibrant ecosystem of services supporting both projects and carbon removal buyers, and end global warming before it is too late.
Last updated