A visionary approach to environmental stewardship
Empowering Communities Through Tokenised Forest Conservation Offerings
Ethereum Compatible EcoWallet
ECOWALLET Members can receive, transfer, and manage all of their EcoTokens. Tokens may be transferred outright, transferred against a simultaneous exchange of other tokens, and frozen or Staked to prevent transfer. The EcoWallet’s history menu monitors transaction history, has a Members Bulletin Board, and regular on the ground Updates from Forest Edge. EcoWallet is compatible with the Ethereum ERC-20 Token Standard, which means that EcoWallets will be able to hold any Ethereum-compatible Tokens, including EcoTokens and stablecoins such as USDT.
Our projects ensure minimal environmental impact by avoiding primary forests. We produce wood pellets that serve as a sustainable alternative to fossil fuels.
Forest Edge EcoTokens (FEET)
FEET (Forest Edge EcoTokens) (FEET) represent a Stakeholder’s participation in the Project. FEET Holders will be viewed as similar to Shareholders by Management because of a provision of their Smart Contract that the company which owns the Project cannot pay dividends unless it has first distributed 3 times the amount of the proposed dividend to FEET Holders. This means that FEET Holders collectively are entitled to 75% of any profit distributions by the Project. FEET Holders are also granted other Shareholder-type rights as discussed below.
Our projects ensure long term protection of original natural forests.
Natural Environment EcoTokens (NEET)
NEET Ecotokens represent the carbon sequestered in and biodiversity of a particular land area either within the Concession, or within another future project of the ICE. As and when ICE monetizes Natural Capital, management will attribute the proceeds of this monetization to specific land area, either by direct attribution on an are-by-are basis, or by shared attribution across a wider area. The NEET Holder is entitled to 50% of the Net Proceeds of the Natural Capital attributed to the land area represented by the EcoToken.
By leveraging blockchain technology, we create unique opportunities for individuals to invest in and support sustainable forestry initiatives. This innovative model not only aligns financial incentives with environmental goals but also fosters a sense of ownership and engagement among stakeholders, driving collective action towards a greener future.
Natural Environment EcoTokens (NEET)
The total number of Natural Environment EcoTokens (NEET), which like FEET will all be minted at the same time, will be 100,000,000. The initial price at which NEET are offered for sale is US$100/Token, subject to adjustment from time to time. Each NEET will have a Smart Contract linking it to 1 are of land (100 m2, such as a square 10 meters in length on each side), so that the initial Issue price of US$100 per NEET is equivalent to a price of US$1 per square meter.
The link of each NEET to a parcel of land makes it unique in a material respect, and therefore an NFT (Non-Fungible Token). NEET are minted without the land parcel yet having been attached. The linking process will occur once only according to each NEET’s Smart Contract and cannot thereafter be altered or substituted.
The first Series of NEET, designated as Forest Edge Series A, will consist of 300,000 EcoTokens to be overlaid across 3,000 ha of the Concession. These NEET will be delivered by StarLabs to ICE affiliates who in turn may keep them, grant them to Founders or sell them to Members. NEET that are kept by the original ICE affiliate recipient are considered as held in its Treasury, and collect a share of the same distributions as the NEET that have been Issued to Founders or Members.
Forest Edge EcoTokens (FEET)
The total number of Forest Edge EcoTokens (FEET), which will all be minted at the same time, will be 1,000,000. The initial price at which FEET are offered for sale is US$10/Token, subject to adjustment from time to time. FEET that have been minted but have not yet been Issued to Members are considered as held in the Treasury of the relevant ICE affiliate, and have the same rights (and collect the same distributions) as the FEET that have been Issued to Members.