Carbon Credit
Trade carbon credits as tokens, making environmental impact measurable and liquid.
Top gainers this week
Top losers this week
Related
Weakest this week: $co2 bottomed out at a 20 gem score
$DOVU[base] · 46 gem score this week
4 tokens rose and 1 fell this week
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
carbon dioxideco2 | $0.0001089 | 0.0% | 443.1% | 443.1% | $108,922 | $0 | 19.71 | Meme+1 | 11 | 0 | – |
MossMoss | $0.06841 | 0.0% | 1,337.9% | 1,337.9% | $84,134 | $0 | 31.05 | 492 | 0 | – | |
DovuDOVU[base] | $0.063 | 0.0% | 1,611.6% | 1,611.6% | $0 | $0 | 45.88 | 1,239 | 0.7068 | 0 | |
VerraVerra | $0.0005745 | -40.4% | – | – | $574,498 | $24,917 | 35.78 | 2,181 | 0.5195 | – | |
KlimaDAOKLIMA | $0.001638 | 2.3% | 14.3% | 26.6% | $20,387 | $22.1 | 32.46 | 8,166 | – | – |
Frequently asked questions
How has Carbon Credit performed recently?
The Carbon Credit category has shown consistent performance over both the seven-day and thirty-day windows, with no tokens experiencing upward or downward breadth movements. DOVU[base] consistently registered the highest score, while Verra held the lowest score across both periods. There were no significant climbers, fallers, or tokens entering or exiting the top ranks within either time frame, indicating a stable period for the category.
What are tokenized carbon credits?
Tokenized carbon credits are digital representations of traditional carbon credits on a blockchain. Each token typically represents one tonne of carbon dioxide equivalent removed or reduced from the atmosphere. Tokenization enhances liquidity, transparency, and accessibility for a broader range of participants.
How do tokenized carbon credits work?
Traditional carbon credits are issued by registry bodies and then tokenized by a project developer or an intermediary. These tokens can then be bought, sold, and retired on various blockchain platforms, allowing for easier tracking and verification of their impact. When a token is retired, it signifies that the underlying carbon credit has been used to offset emissions and cannot be reused.
What are the benefits of investing in tokenized carbon credits?
Investing in tokenized carbon credits offers several benefits, including increased transparency through blockchain traceability, improved liquidity compared to traditional markets, lower transaction costs, and greater accessibility for individual investors and smaller organizations. It also provides a way to support environmental initiatives and potentially benefit from the growing demand for carbon offsets.
What risks are associated with tokenized carbon credits?
Potential risks include the volatility of cryptocurrency markets, regulatory uncertainty in the nascent tokenized carbon market, the challenge of verifying the quality and additionality of underlying carbon projects, and smart contract vulnerabilities. It's crucial for investors to conduct thorough due diligence on both the token platform and the underlying carbon projects.
Where can I find tokenized carbon credits?
Tokenized carbon credits are available on various decentralized finance (DeFi) platforms and specialized marketplaces that bridge traditional carbon markets with blockchain technology. These platforms often list different types of carbon credits, such as nature-based or technology-based, from various project developers.