A single carbon credit token issued against a single type of carbon credit
Underlying carbon credits are issued by 3rd party standards.
Projects under this category:
Structure:
Commentary:
Structurally sound but only represents a specific project or single type of project.
This is a straightforward tokenization structure, where carbon credits issued for a specific project or similar type of projects (in this case REDD projects) from specific carbon standards (in this case Verra) are securitized and a single token is created to represent the underlying carbon credits. on a 1:1 basis.
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