RED Platform Tokens

Building upon the need for a holistic impact, the RED Platform and the Zalmoxis blockchain form a live
ecosystem, home to a growing number of tokens and sustainable projects.
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Find below the tokens currently available on the platform and their specifications

MWAT GTK REO-G RED
Token Type ERC 20 ERC 20 ERC 721 ERC 721
Creation Fixed capitalization 500 million Minting Minting Minting
Max. supply 500 Million NO NO NO
Circulating supply 80% 100% 100% 100%
Token model Deflationary Deflationary Deflationary Deflationary
Trading pairs GTK MWAT -
Acceptance & Utility Only in the RED Platform Platform fees, transactions, and project proprietary token Only in the RED Platform Trading, Carbon Certificates, Carbon Offsetting Only in the RED Platform, Carbon Offsetting Only in the RED Platform
Markets RED Exchange RED Exchange + GTK Marketplace RED Marketplace Carbon Credits Marketplace
Claim options No 1 GTK is the equivalent of 1T of CO2 offset from the atmosphere. 1 REO-G for 1 MWh of renewable energy injected into the grid 1 RED is the equivalent of 1T of CO2 offset from the atmosphere by a sustainable project certified by a carbon standard.
Burning mechanism No Carbon footprint offsetting Carbon footprint offsetting Carbon footprint offsetting
Staking Yes! Staking is implemented for holding purposes and for owning a RED Franchise. No No No
Contract address
Carbon Avoidance Calculation Methodology Fixed capitalization 500 million Minting Minting Minting
MWAT is an ERC-20 fungible token having utility only in the Application as a virtual battery for Green Tokens storage and a conventional token for the acquisition of Green Tokens, as well as for other functionalities / rights in the Application. GTK is an ERC-20 fungible token minted by RED on the blockchain, having utility only in the Application, which certifies on the blockchain the amount of CO2 avoided in the atmosphere through environmentally friendly actions, such as the production or consumption of renewable energy. REO-G is a non-fungible token of type ERC-721, having utility only in the Application, which can be claimed by Producers or Prosumers based on the energy production resulted from renewable sources injected into the grid. RED is an ERC-721 non-fungible token, having utility in the RED Platform that certifies on the blockchain the quantity of CO2 reduction or removals from the atmosphere by eco-friendly actions within a sustainable project certified by a carbon standard.

You too can launch sustainable projects using our already existing tokens or launch your own NFT or ERC-20 tokens on the RED Platform.

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