Eco Explainer 1: The EcoCREDIT Vision

This article is Part 1 in an ongoing series explaining what EcoCREDIT is, how it works, and how we’re stopping climate change in its tracks by using carbon credits. Make sure to keep an eye out in the coming days for additional installments!

Today’s voluntary carbon credit market is full of inefficiencies. Carbon credits are tools that represent carbon removed from the atmosphere by sustainability initiatives.

A cursory Google search shows just how difficult it is to procure voluntary carbon credits. There’s no single clearinghouse or service provider to contact. The amount of available information makes it easy to succumb to analysis paralysis.

It’s hard to find a good broker. The voluntary carbon credit market is currently a low regulation marketplace. There’s a lot of good and not-so-good information out there regarding who to call to purchase carbon credits. When you find a good broker, you pay tens of thousands of dollars to get the best prices.

The voluntary carbon credit spot market is highly illiquid. Prices often swing wildly. Without enough money to participate in the wholesale market, you’re left to deal with this high volatility. It’s hard to determine the best time to buy.

There’s no standard unit of account for a carbon credit. You either do much of your own research or trust your broker to make the call. Most brokers have your best interests at heart. We at EcoCREDIT are fortunate to work with the best of the best. However, some brokers take advantage of the largely unregulated and often confusing voluntary carbon credit market at the expense of their customers. It’s hard to know exactly what it is you’re buying in today’s voluntary carbon credit market.

People understand the dire need to stop climate change, so many are willing to deal with these market inefficiencies. However, altruism only goes so far. Without easy market access, the number of people buying voluntary carbon credits is significantly diminished. That means less money for sustainable projects and less carbon removed from the atmosphere.

People can’t get the carbon credits they want to fund the sustainability projects they know help fight against climate change.

We live in an age of on-demand everything. Without on-demand carbon credits, developers can’t build sustainable applications that passively aid in offsetting carbon footprints worldwide.

Carbon credits are humanity’s best tool for bridging the gap between our carbon-centric today and our sustainable tomorrow. Voluntary carbon credit markets still use 20th-century processes for a desperately needed 21st-century solution.

We need a sustainable ecosystem where consumers, developers, businesses, and anyone in between can buy voluntary carbon credits easily and effectively.

That’s why we’re building EcoCREDIT. By leveraging blockchain technology, we can make the process of buying carbon credits as painless as ordering something from Amazon. This ease of access means that anyone can join the Eco revolution! We’re building the tools humanity needs to stop climate change in its tracks.

Our next installment will explore how the EcoCREDIT carbon credit engine effectively warehouses, tokenizes, and standardizes voluntary carbon credits. Anyone can build applications that incorporate voluntary carbon credits, making truly sustainable applications possible for the first time.

Join us in our fight to save the environment and democratize access to sustainability!