Toucan Protocol: Base Carbon Tonne BCTPrice $ 0.168

Toucan’s infrastructure brings programmable carbon to Web3, unlocking its potential for a regenerative economy. Programmable carbon opens new opportunities for a regenerative and distributive economic system — one in balance with the planet’s boundaries:

• Tokenize Carbon Credits. Mint transferrable tokens that contain a 1:1 verifiable reference to carbon credits in a supported registry
• Embed Climate Action. Weave planet-positive impact into the fabric of Web3 interactions and create systems that are regenerative by design
• Scale Environmental Projects. Drive carbon credit demand and higher price signals to catalyze new environmental project development.

The Toucan Bridge connects the voluntary carbon market to Web3. For each credit bridged, one Tokenized CO2 token is minted. TCO2s are semi-fungible, retain valuable metadata, and can be pooled for max liquidity.

Base Carbon Tonne is a fungible carbon token backed by a 1:1 verifiable link to carbon credits in a supported registry. Given BCT’s deep liquidity, it’s well suited as a new building block for DeFi, DAOs, NFTs, and the metaverse.