KELP COIN (R) SECURITY TOKEN
A kelp coin(R) token is a True Blue(TM) digital forward contract representing a ton of seaweed grown on marine permaculture platforms and a regenerative carbon credit for a tonne of carbon dioxide sunk to the seafloor.
For every contribution of $250 this year (2023), we will provide you with a token of our appreciation; a unique, serialized digital Kelp Coin™ security token comprising a forward contract on a tonne of seaweed.
As a security token, the Kelp Coin(R) can be bought and held to maturity, after which we anticipate it can be exchanged on open markets and can serve as a store of carbon, a tonne of natural capital grown on a marine permaculture that regenerates life in the oceans. Finally when Kelp Coin™ security tokens are sunk anytime after maturity, we will causes a tonne of seaweed representing a tonne of carbon dioxide to be sequestered back to the middle and deep sea from whence it came.
Your investment in Kelp Coin™ security tokens will help to build the natural capital that our planet needs to regenerate life in the ocean and a healthy climate for Earth’s residents, one kelp forest at a time. Please join us in leading the way towards a healthy, sustainable future.
Details on the Kelp Coin™ forward contract are to be issued later this year. Each Kelp Coin™ security token has an associated date representing the year of issuance. The forward contract settles within 48 months of the year of issuance. The forward contract specifies a distinct tonne of seaweed that is produced by the settlement date.
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Natural capital (aka environmental or ecological capital)is the natural resources (energy/matter) and processes needed by organizations to produce their products and deliver their services. This includes sinks that absorb, neutralize, or recycle wastes (e.g. forests, oceans): resources, some of which are renewable (timber, grain, fish, and water), and others that are not (fossil fuels): and processes, such as climate regulation and the carbon cycle, that enable life to continue to a balanced way.