Description
Toucan Protocol integrates carbon markets with the web3 ecosystem by bringing programmable carbon to the blockchain. It addresses fragmentation, inefficiency, and data transparency issues in current markets, facilitating seamless climate finance integration in economic transactions. This enables developers to embed regenerative economic principles into dApps and smart contracts. Toucan's infrastructure improves the accessibility and functionality of carbon assets, fostering a regenerative economy. NCT, a liquid carbon reference token, and CHAR, tied to Biochar carbon assets, are integral to the protocol. Both can be redeemed or retired on-chain, supporting the mission to create a robust, regenerative response to climate change.
Toucan Protocol integrates carbon markets with the web3 ecosystem by bringing programmable carbon to the blockchain. It addresses fragmentation, inefficiency, and data transparency issues in current markets, facilitating seamless climate finance integration in economic transactions. This enables developers to embed regenerative economic principles into dApps and smart contracts. Toucan's infrastructure improves the accessibility and functionality of carbon assets, fostering a regenerative economy. NCT, a liquid carbon reference token, and CHAR, tied to Biochar carbon assets, are integral to the protocol. Both can be redeemed or retired on-chain, supporting the mission to create a robust, regenerative response to climate change.
