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Forest Foundation

ICO

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

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Overview

Product typePlatform
WhitepaperForest Foundation White Paper Open

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.

Details

Pre-sales: Oct 01, 2018 - Nov 01, 2018
Public sales: Dec 20, 2018 - Jan 08, 2019
Pre-sale token supply: 400,000,000 FRST
Token supply: 2,200,000,000 FRST
Soft cap: 5,000,000 USD

Legal

Country limitations: China, United States

Token info

Ticker: FRST
Type: Utility-token
Token price in USD: 1 FRST = 0.0066594 USD
Accepted currencies: ETH
Bonus program:
Presale discount: ​30%
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%

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.

Project team

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

Advisors

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

Social media

Forest Foundation web-siteForest Foundation RedditForest Foundation MediumForest FoundationYouTubeForest Foundation TelegramForest Foundation BTCTalkForest Foundation LinkedInForest Foundation X (Twitter)Forest Foundation Facebook

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