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Moss Carbon Credit (MCO2) Price
$1.88
(%)
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About Moss Carbon Credit (MCO2)
Store Moss Carbon Credit
MOSS Carbon Credit is a carbon credit token. MOSS has directly contributed to avoiding 2 million tons of greenhouse gases from entering the atmosphere, as of mid-2021. One MCO2 token is equal to one carbon credit (one metric tonne of carbon not released into the atmosphere) from a Verified Carbon Standard (VCS)-certified environmental project. VCS is the world’s most widely used carbon offset program, which uses a rigorous certification framework to verify carbon offsets. The proceeds from MCO2 tokenization have helped protect over 17 million hectares of the Amazon rainforest from deforestation, as of mid-2021.
Token
MCO2 is an ERC-20 utility token compliant with the Ethereum network. MCO2 holders can burn (or retire) their tokens on the moss.earth platform and receive a certificate that proves they have offset one tonne of carbon emissions.
To offset the energy used to mint and mine MCO2 tokens, each token is minted and issued with a neutral carbon footprint. MOSS monitors the transactions and total ledger and continuously retires the necessary amount of credits to offset the greenhouse gas emissions from its tokenization activities.
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