metadata: {"type": "project", "title": "The Angry Teenagers - democratising investment in reforestation projects", "logoImg": "bafkreiaakmi74dz7rkjcvyk2ryim2ejo3dactx6h3qfpg6a36ofbvnzvvu", "website": "https://angryteenagers.xyz", "bannerImg": "bafybeig7ip2u4akhi374jf6rt2b2r5lntt7dnvn2dv646bnka3blztx5kq", "createdAt": 1673350863806, "userGithub": "benwhately", "credentials": {}, "description": "\ud83c\udf33\ud83c\udf34\ud83c\udf32\ud83c\udf33\ud83c\udf34\ud83c\udf32  \nWhat can each of us do to help regrow the world's forests?\n\nSo far, the answer has been a very frustrating, \"not much\". \ud83d\ude21\n\nUnless you have a few million dollars to invest, until now you simply haven't been able to directly help plant forests in the places that most need them. So we've been forced to rely on governments and big companies. \n\n\ud83d\udc68\u200d\ud83c\udfa4\ud83d\udc79  THE ANGRY TEENAGERS ARE ANGRY ABOUT THIS  \ud83d\udc79\ud83d\udc68\u200d\ud83c\udfa4\n\nNow we've channeled that anger and used to blockchain to build a solution. \n\nWe've created Angry Teenager tokens that each hold a vote in a DAO. The funds raised from selling tokens goes into the DAO wallet, and then they vote to release funds to plant trees in the real world. \n\nThis has involved innovation not only in the smart contracts that manage the DAO (check our white paper for more details on \"opt-out voting etc), but also in real world legal contracts \ud83d\udc73\u200d\u2642\ufe0f. All of that work is open sourced, of course. \n\nEach token is geo-located to a specific square within the project \ud83e\udde9. So buyers can see exactly where their money is going, and the piece of land that they have reforested. They can also watch \ud83d\udd2d the trees grow over time because the tokens regularly and dynamically update with photos and other data. \n\n\ud83d\udc63EARNING CARBON CREDITS\ud83d\udc63\nAs the trees grow, token holders earn carbon offsets which they can use to offset their carbon footprint. You can have 100% transparency and so 100% confidence in the work that is creating your carbon offsets. \n\n\ud83d\udcb0THE VALUE PROPOSITION\ud83d\udcb0\n\n=> Individuals and small companies can now fund the creation of a forest on a specific square of land in Africa, starting with investments as low as $25. \n\n=> They can watch that forest grow, and share photos and other media about the project with their customers and friends. \n\n=> They earn super high quality carbon credits that they can use to offset their carbon footprint. \n\n=> If ever they want to stop earning carbon credits, they can sell their token on the open market - if the price of carbon credits has risen, this might even make them a profit :)\n\n**************UPDATES SINCE Alpha Round****************\n\n=> Verra Project Design Document complete\n=> First 5 Hectares of planting complete\n=> Verra Project audit complete \n=> Price per token reduced from $200 to $25 to enable more people to take part. (More tokens will be minted at lower prices)\n=> Small changes to smart contracts complete and re-audited\n\n********************END TRANSMISSION********************\n\ud83c\udf33\ud83c\udf34\ud83c\udf32\ud83c\udf33\ud83c\udf34\ud83c\udf33\ud83c\udf32\ud83c\udf33\ud83c\udf34\ud83c\udf33\ud83c\udf32\ud83c\udf32\ud83c\udf33\ud83c\udf33\ud83c\udf34\ud83c\udf33\ud83c\udf34\ud83c\udf34\ud83c\udf33\ud83c\udf33\ud83c\udf34\ud83c\udf33\ud83c\udf33\ud83c\udf32\ud83c\udf32\ud83c\udf33\ud83c\udf33\ud83c\udf34", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "eco-mint", "projectTwitter": "AngryTeensNFT"}
name: The Angry Teenagers - democratising investment in reforestation projects