A new initiative allows investors to pay $13 to have a tree planted. A photo of the tree is then uploaded to the Telos blockchain, along with its GPS coordinates. To sweeten the deal, the investor will receive crypto-based rewards as the tree grows and captures carbon—creating a financial incentive for clamping down on climate change.
The Corcovado Projects aims to tokenize trees, paying dividends in carbon offsets (Photo: Scopio/Stefano Guerrini)