Compensation Concept for Companies
CO2Fund might be a worthwhile concept for companies to compensate their CO2 footprint.
The CO2 compensation for companies is based on two components:
Depending on the size of the company, there is a minimum compensation amount that is usually invested monthly in the CO2Fund and used for compensation projects through the acquisition of CO2Coins (symbol on the DEX Steem-Engine: COCO).
20 to 100% of the compensation amount is additionally acquired by the company as an own investment and is transferred to the "escrow account" @co2com on the blockchain. With each payment of the CO2Fund to compensation projects, 20% of the CO2Coins acquired by the company are released from the "escrow account", which can then be sold or retained by the company.
The purpose of this concept is
- to make the commitment cost-effective or even a worthwhile investment through the increase in value of the CO2Coins held by the company and thus
- to provide an incentive for a higher compensation contribution as well as
- to win further long-term oriented investors for the CO2Coin COCO.
Win-Win Situation
❗️The performance of the own investment may exceed the total costs which means a profit despite compensation costs.
Visibility and Connection to co2fund.cc
The projects off-blockchain website co2fund.cc will provide a list of companies that are engaged in compensating with CO2Fund and COCO.
Each company will get it's own web page reachable via QR-Code on a personalized banner to which it can refer to customers. See an example above.
Information about the CO2Fund you can read in the projects white paper.
- External link to CO2Fund's Website
- The CO2 Compensation Coin (Symbol: COCO) you can find on steem-engine.com.
- The number of currently hold CO2 Compensation Coins to support compensation projects you can see in CO2Fund's wallet.
- To nominate a CO2 compensation project please reply to this post.
- Step by step - a guide how to compensate.
CO2Fund is a project by @retinox
Congratulations @co2fund! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!