Everybody needs to get paid for sitting idle. Novel venture capital group from Estonia, Single Earth has discovered the perfect path for land owners to do precisely that.
Furthermore, you don't need to be a Wall Street mutual funds shorting stock or part of a Reddit speculation crowd to get it going.
The objective of this Estonia based Startup: saving the planet.
The apparatus: blockchain, tokenization, and a stock trade for characteristic worth.
The outcome? The world's first nature-supported monetary instruments, as per CEO Merit Valdsalu.
"Single Earth is an online stage that empowers timberlands, wetlands, and other regular assets to produce benefits without being sold as crude materials … yet rather as carbon balances and biodiversity counterbalances," Valdsalu advised me as of late on the TechFirst webcast.
"We reward landowners for not clearcutting their timberlands and not uncovering their wetlands … yet all things considered, for protecting the environments that really keep we all alive."