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Forest Foundation

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ICO

Forest Foundation is reinventing the global carbon offset trading and certification market – by issuing FRST offset tokens backed by ownership of the forests.

Forest Foundation White Paper Whitepaper

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User Rating
Medium
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Ticker
FRST
Type
Utility-token

What is Forest Foundation

Forest Foundation’s mission is to contribute to the health of the Earth by preserving and maintaining forests around the globe. The Forest Foundation is creating reliable carbon credits so that companies who want true proof of their carbon offset are guaranteed there is truly positive environmental impact for the carbon credits they hold. Forest Foundation introduces blockchain technology in the global carbon credit industry. The primary intent of the Foundation is to purchase forests around the world and issue carbon credits against these forests. Forest Foundation uses blockchain technology to hold data pertaining to the ownership of forests, which includes forest ownership records, annual tax records, and satellite images to prove its existence.

Forest Foundation Roadmap

1
March 2018

Launch of FreedomDEX trading platform. Listing sell and buy orders for more than 30 most popular ERC-20 tokens.

2
June 2018

Locating of first forests to buy. First trading of FRST tokens on FreedomDEX.

3
July 2018

ICO preparation & Press Tour.

4
September 2018

Increase.
FreedomDEX scales to 100 transactions of FRST.

5
October 2018

Start FRST Pre-Sale Round.

6
December 2018

Initial Forest Offering.

7
February 2019

Implement satellite monitoring of forests. Aggregate forest holding exceed 1000 hectares. First purchase of FRST token by a major emitter.

8
June 2019

Network. Global rollout of FRST network.

9
October 2019

Proof-of-Forest Blockchain usage announcement.

10
December 2019

Partnership with the United Nations and a major industrialized country.

Token Sale Dates

Presale Period

Start date: Oct 01, 2018
End date: Nov 01, 2018

ICO

Start date: Dec 20, 2018
End date: Jan 08, 2019

Token Allocation

Presale Token Supply 400,000,000 FRST
Total Token Supply 2,200,000,000 FRST

Funding Details

Soft Cap 5,000,000 USD

Restrictions

Residents of the following countries are prohibited from participating
China, United States

Token distribution


● Token Sale: ​55%
● Token Sale Bonus: ​10%
● Founding Team: ​10%
● Pre-sale: ​10%
● Strategic Partners: ​8%
● Advisory Board: ​5%
● Bounty Program: ​2%

Funds allocation


Purchase of Forests: ​70%
Branding & PR: ​5%
Founding Team: ​15%
Legal Costs: ​5%
Bounty Campaigns: ​3%
IT Infrastructure: ​3%

Token Price and Payment Options

Token price USD 1 FRST = 0.0066594 USD
Accepted Currencies ETH

Project team

Vitally Marinchenko
Vitally Marinchenko
CTO & Senior Developer
Vitally Marinchenko linkedin-team
Valentina Nikolic
Valentina Nikolic
VP for Product
Valentina Nikolic linkedin-team
Jonathan Wallace
Jonathan Wallace
VP for Strategies
Jonathan Wallace linkedin-team
Nikhil Sethi
Nikhil Sethi
VP for Engagement
Nikhil Sethi linkedin-team
Youngshil Yoon
Youngshil Yoon
VP for Communications
Youngshil Yoon linkedin-team
Enes Plojovic
Enes Plojovic
Senior Developer
Enes Plojovic linkedin-team

Advisors

Daniel Hammer
Daniel Hammer
Fellow at the National Geographic Society. Interaction with public authorities and building partnerships with technology
Daniel Hammer linkedin-team
Pavel Machalek
Pavel Machalek
Co-Founder and Former CEO of Spaceknow. Interaction with public authorities and building partnerships with technology
Pavel Machalek linkedin-team
John Palmisano
John Palmisano
Advisor
John Palmisano linkedin-team
Alexander Pfeiffer
Alexander Pfeiffer
Advisor
Alexander Pfeiffer linkedin-team
Nikolay Zvezdin
Nikolay Zvezdin
Advisor
Nikolay Zvezdin linkedin-team
Dennis Oosting
Dennis Oosting
Advisor
Dennis Oosting linkedin-team
Brian Condenanza
Brian Condenanza
Advisor
Brian Condenanza linkedin-team
Yaroslav Belkin
Yaroslav Belkin
Advisor
Yaroslav Belkin linkedin-team

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