Overview

SAFETREES is a techno-economic project for businesses and local tree growers who lead the fight against climate change. Our solution will allow companies to adopt verifiable trees to offset CO2 footprints to boost their sustainability claims. 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 providing 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 to the smart contract algorithm, so token holders are guaranteed to watch their wallet grow indefinitely. SOLVING THIS PROBLEM Deforestation impacted Global Environmental Balance. Efforts for planting and tending trees decreases due to the lack of direct financial incentives to many rural communities around the world. Growing trees is a long-term project and, the growers can only then rip the financial benefits from tree planting. 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 providing carbon offset and ecological benefits to our planet. With SAFETREES cross-platform mobile and blockchain technology, we will give more benefits to those who are fighting environmental degradation. 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.