Carbon Tokens
CarbonCore's unique approach to tokenizing carbon credits on the blockchain, providing transparency, traceability, and ease of trading.
What Are Carbon Tokens?
Understanding how CarbonCore tokenizes carbon credits for maximum transparency and efficiency.
Carbon tokens are digital assets on the blockchain that represent carbon credits from verified carbon sequestration projects. Each token is backed by a specific amount of CO₂ that has been absorbed by a verified territory.
CarbonCore implements a territory-specific token model, where each verified territory and vintage year combination receives its own dedicated ERC-20 token contract with a standardized naming convention.
Key Features of CarbonCore Tokens:
Transparent Naming
Each token follows a standardized naming pattern: CC{TerritoryID}{Year}
(e.g., CC422025 for Territory ID 42, vintage year 2025)
Direct Territory Link
Every token is directly linked to a specific territory with verifiable boundaries, characteristics, and carbon sequestration metrics.
Differentiated Pricing
Different territories can have different token values based on their unique characteristics and carbon absorption capacities.
Standard Compatibility
ERC-20 tokens are widely supported by wallets, exchanges, and DeFi protocols for maximum interoperability.
Token Lifecycle
From creation to retirement, understanding the carbon token journey.
Token Creation
After territory verification by experts and government authorities, the TerritoryTokenFactory deploys a new ERC-20 token contract specifically for that territory.
Token naming follows the convention: CC{TerritoryID}{Year}
Token Issuance
Tokens are minted daily according to the verified CO₂ absorption rate of the territory and sent directly to the territory owner's wallet.
The issuance rate is determined by scientific measurements and expert verification.
Token Trading
Territory owners can trade their tokens with buyers on the CarbonCore marketplace or other compatible exchanges.
Each token can be independently valued based on territory characteristics.
Token Retirement
Buyers can permanently retire tokens to offset their carbon emissions, receiving a certificate of carbon offset.
Retired tokens are removed from circulation, ensuring they cannot be double-counted.
Benefits of Tokenized Carbon Credits
Why CarbonCore's approach offers advantages over traditional carbon credits.
Comparison with Traditional Carbon Credits
Feature | Traditional Carbon Credits | CarbonCore Tokens |
---|---|---|
Transparency | Limited visibility into source and verification | Full transparency with blockchain verification |
Traceability | Difficult to trace back to source | Each token links directly to specific territory |
Trading | Complex, broker-dependent process | Simple peer-to-peer trading on blockchain |
Verification | Manual, time-consuming process | Automated verification with expert input |
Pricing | Often bundled, obscuring quality differences | Territory-specific pricing based on quality |
Divisibility | Limited, often sold in large units | Highly divisible, enabling smaller purchases |
Accessibility | Primarily accessible to large corporations | Available to individuals and businesses of all sizes |
External Verification of Tokens
When a token holder wants to verify carbon credits outside the CarbonCore platform:
- Token Identifier: The token symbol itself (CC{TerritoryID}{Year}) serves as a clear identifier of territory and vintage.
- Quick Verification: Anyone can verify a token at
carboncore.earth/verify?token=0xTokenAddress
- Token Metadata: Each token contains a territoryURI property pointing to verification details
- Blockchain Direct Verification: External systems can query the TerritoryTokenFactory contract directly
Technical Implementation
How CarbonCore tokens are implemented on the blockchain.
Government approves the territory
Factory deploys ERC-20 contract
Set parameters based on verification
Daily minting based on CO₂ absorption
Ready to Manage Carbon Tokens?
Connect your wallet to start exploring the CarbonCore platform.