CO2Bit Coin is a Secure Network Based Digital Asset created as a means to finance and promote the innovative development and proliferation of profitable sustainable carbon-neutral energy generation, increased sequestration and, accelerated emissions reductions, and to mitigate the ravages of global climate change, and enable evolving participation in our global economy for all.
Planning for massive migrations, refugee housing, famine, water shortages, and economic adaptation as a result of rising sea levels and climate changes. Additional projects include the innovation and implementation of state-of-the-art micro-grids to insulate communities, companies, and dwellings from broad unplanned power outages or service attacks.
By acquiring and using this currency you help to finance the reduction of our global carbon footprint and bring sustainable power to disadvantaged people globally, including in the most remote areas of the world. By financing and delivering a service utility to users, much like cloud computing, previously insurmountable start-up barriers are mitigated. You can make a difference.
Currently, CO2Bit costs 13 coins per Ethereum for no fee through the CO2Bit contract 0x574B36BceD443338875d171CC377E691f7d4F887
In total, 1.5 Billion Co2Bitoins have been minted. At the time of this post, Co2Bitcoins are the Second or Third Largest Market Capitalisation to our knowledge at around $86 Billion just behind Bitcoin and on par with Ethereum
Quantifying and Rewarding Environmentally Sustainable Behavior– saving the planet activities – motivating more responsible choices.
People Value –Participation in Global Economy – advancing their standard of living – with natural progression as they can afford, but with the acceleration that access to Energy provides.
Increasing, direct participation in the selection of subsequent planet saving projects.
The CO2Bit Network is a worldwide group of computer participants which process CO2Bit transactions and writes them into the CO2Bit Blockchain ledger. CO2Bit Tokens are used to invest in CO2 Mitigation, Forestation, Wind, Agricultural Improvements, Solar and green micro-grid sustainable power projects around the globe.
CO2Bit can be bought and sold online for Bitcoin or other Alt or Fiat currencies or between individual wallets with no fees. Currently, CO2Bit is offered at 13 coins per ETH for no fee directly via the contract.
CO2Bit and its Partners recognize the various other initiatives underway to support this mission and desire to partner openly with all sustainability participants in the pursuit of a better planet. We believe that cooperation, coordination and even consolidation of the various finance mechanisms will lead to enhanced results.
Users install a CO2Bit wallet application (there are some web-browser-based options) that provides their unique address to receive, send and store CO2Bit.
CO2Bit “Stakers” enable the work that builds and maintains the CO2Bit Blockchain, receiving CO2Bit interest for their effort. (Proof of Stake) The initial implementation of POS vs the current POW authentication methodology is planned via the Ethereum Network as an ERC20 compliant token.
Our Partners are committed to long term participation in the CO2Bit ecosystem. Their guidance and direct involvement raise confidence in the viability of the Environmental and Humanitarian Projects and in CO2Bit.