How it works
RFT #001-228 with a size of about 2,533 m² will be frozen. That means it can’t be sold anymore. Then 2,533 Rainforest Bits with a size of 1 m² will be created out of RFT #001-228.
The mega prize
Every Rainforest Bit has an equal chance of winning the largest RFT of the the Genesis Edition with the unique Statement “MEGA CHONK CARBON SINK”. The winner will save 7,793.9 m² of endangered Rainforest!
The winning address will be drawn amongst all Rainforest Bits owners.
Stay tuned and collect as many Rainforest Bits as you can!
NFT is short for Non-Fungible Token. Non-fungible means “unique”. A dollar or bitcoin for example are fungible, because all dollars are the same in value and other features. A non-fungible token is a digital representation of something of value, there is only one of it, and it can not be copied.
RFT stands for Rainforest Token and it represents a piece of real rainforest land. Each RFT is unique, and represents a specific piece of land, at a certain location. Furthermore, the RFT is serving as validation of your positive impact and grants you access to different services from Fund the Planet.
Firstly, we buy the rainforest real estate in the classical way – due diligence, contract, notary, public register and paying taxes.
Secondly, we divide the acquired rainforest land into smaller pieces. Then Rainforest NFTs (= RFT) are minted on the Polygon blockchain, which is a second layer protocol on the Ethereum blockchain. Each RFT, and only that RFT, represents exactly one of the pieces of the rainforest land. The rainforest and ownership details are publicly available and will be embedded and interlinked via IFPS. And there is even more information stored on the blockchain!
Finally, the distribution of the RFTs will be done via public marketplaces, such as opensea.io. This way you can easily, safely and anonymously buy, hold and sell your RFTs to match your needs.
We want to save our unique and valuable nature and we can only succeed together. We and the RFTs to be publicly traded by everyone! Profits created from each sale will be used to purchase and preserve more rainforests 🙂
If you want to effectively and transparently protect rainforest from destruction, you aren’t alone. Unfortunately, most people – maybe just like you – couldn’t do something about it yet. This is because it’s not simple for an individual and most of all frustrating and not a very rewarding task. But RFTs change this! You can follow up on your own beliefs and finally act with ecological integrity by owning an RFT. Moreover, you can validate and demonstrate your contribution and commitment with confidence through certificates and plenty of spectacular features. And the best part: With those certificates you can officially account for the CO2 stored and captured, biodiversity conserved, freshwater and oxygen produced, and more. Rainforest is simply amazing and the world will appreciate your efforts!
The RFTs will be sold via public marketplaces, such as opensea.io. This way you can easily, safely and anonymously buy, hold and sell your RFTs to match your needs.
The seller of the rainforest land obviously wants to monetize it and this usually works by clear-cutting it for agriculture or industrial use. By buying an RFT you basically overbid a mining company, cattle farmer or someone else who dreamt of a cleared land for its business. After shattering their not so sustainable dreams we start to preserve the rainforest and never stop!