Overview

Introduction

CarbonLink is a simple & secure platform to trade & manage carbon offsets on the blockchain. Our platform makes it easy for anyone who has or needs offsets to get access to the market. Users can buy quality carbon offsets from the Marketplace and trade carbon-backed cryptocurrencies within the Exchange. Every step from purchase to retirement can be achieved in minutes, and all of it happens on-chain.

Within this section, you will find an abbreviated description of the four distinct platform functions: bridge, marketplace, exchange, and retirement. From buyers to sellers, CarbonLink caters to all carbon market participants.

  • The Bridge is what brings offsets on-chain. This is how carbon offset projects tokenize and list their product onto CarbonLink’s platform.

  • The Marketplace is where buyers can filter through suppliers’ project listings and purchase carbon offsets directly from verified registries.

  • The Exchange offers users the ability to buy and sell carbon offsets in the form of trusted environmental tokens like $KLIMA by Klima DAO, $MCO2 by Moss CO2, and $BCT by Toucan Protocol.

  • Retirement is the act of removing carbon offsets & tokens from the market. This signifies that an asset will never trade again and the emission reduction is claimed by the user.

On-Chain Everything

Long gone are the days of opaque and inaccessible markets. CarbonLink operates completely on-chain so everything happening on the platform is tracked permanently. Benefits include but are not limited to:

  • Minting is the technical name to describe the action of creating a carbon offset token. When suppliers use the Bridge to onboard offsets, they are minting those tokens on the platform. Since this happens on-chain, CarbonLink has permanent and traceable records of every offset which limits double-counting and maintains the integrity of the market.

  • Retiring a carbon offset on-chain is done through an action called “burning”, or deleting the token from the blockchain. On-chain retirement is an important aspect of combatting greenwashing. It’s easy for anyone to say that they support sustainable initiatives such as carbon offsets, but on-chain retirement provides permanent & immutable proof of climate action.

  • Trading on an on-chain market benefits the user by providing access to the all-time price history, trade activity, and project information for every offset that comes through the platform. Utilizing the blockchain’s open-sourced technology, CarbonLink equips users with the tools to make informed and impactful purchasing decisions.

In traditional carbon markets, behind-door sales lead to price confusion and over-valuation. Now, users will pay exactly what they need to while still guaranteeing their offsets create genuine impact. And while crypto powers the new carbon market, it’s not the new format. CarbonLink leverages this technology in ways so that users won’t need prior knowledge to operate.

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