CO2Bit Coin is a Secure Network Based Digital Asset created as a means to finance and promote the proliferation of profitable sustainable carbon neutral energy generation and to enable evolving participation in our global economy for all.
Additional projects include the implementation of 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.
Currently, CO2Bit costs 60 coins per Etherium or approximately 4 Euros per coin for no fee through the CO2Bit contract 0x574B36BceD443338875d171CC377E691f7d4F887
20,000,000 Preferred CO2P Tokens have been minted and will be exchangeable (1 for 1) for CO2Bit Tokens beginning on June 15, 2021 – They are being used for sustainable climate projects in Africa under a special award program.
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.
CO2 BIT ECOSYSTEM
The technology behind the CO2Bit coin is similar to Bitcoin and based on Ethereum blockchain technology. Unlike Bitcoin, CO2Bit is being implemented as a PoS (Proof of Stake) token that will not waste energy in CPU/GPU or ASIC mining. Co2Bit provides a means to promote the proliferation of profitable sustainable carbon neutral energy generation to enable evolving participation in our global economy for all. Our website is under development. Candidate project proposals for CO2Bit coin infusion can be communicated through numerous forums for evaluation by our implementation partners.
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 costs 60 coins per Etherium or approximately 4 Euros per coin for no fee directly via the contract. Beginning in 2021 a 0.5% quarterly bonus is planned for stakeholders of record on the last day of the quarter.
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 (and soon WebBrowser based) 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) Initial implementation is via the Ethereum Network as an ERC20 compliant token.
Our Partners are committed to long term participating in the CO2Bit ecosystem. Their guidance and direct involvement raises confidence in the viability of the Environmental Projects and in CO2Bit.