Single.Earth is using natural sciences and blockchain technology to mitigate climate change and biodiversity loss. You can help landowners protect nature and the ecosystem services it provides.
Seed Round $7.9 Million
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What is Single.Earth
MERIT is much more than a cryptocurrency or its technology – it’s a tool to start living in harmony with nature. By using MERIT, everyone can easily contribute to transferring the economy towards sustainability. MERIT aims to be accessible and secure for anybody, regardless of your crypto experience. We need everyone to take action to halt climate change and biodiversity loss.
Single.Earth is on a mission to help preserve and restore existing ecosystems. Single.Earth aims to shift the current paradigm and incentivize protecting the ecosystems that make this planet habitable. This gives everyone a way to make a positive impact with nature-backed finance, from land owners to individuals and businesses. When you buy MERIT, you finance nature preservation.
MERIT is the first currency minted from nature. It represents – and protects – the work nature does to sustain life by sequestering carbon and hosting biodiversity. The tokens are issued to landowners based on the ecological value of their lands for as long as they keep their natural resources in good health.
Protecting existing biodiverse forests and allowing them to grow into their full ecological potential is one of the most immediate, cost-effective, and proven solutions to bend the curves of biodiversity loss and climate change. While proforestation maximizes nature-based carbon sequestration, it also provides unparalleled ecosystem services such as biodiversity enhancement, water and air quality, flood and erosion control, public health benefits, low-impact recreation, and scenic beauty.
DetailsToken supply: 8,564,839 MERIT
Raised: 7,900,000 USD
LegalBlockchain Platform: Solana
Registration country: Estonia
Registration year: 2019
Office address: Telliskivi 60/2, Tallinn 10412, Estonia
Token infoTicker: MERIT
Raised $7.9M from EQT Ventures and Icebreaker
Pre-registration opens for landowners
waitlisting available for token buyers
Received the virtual asset service provider licence
The Digital Twin and land assessment methodology launches for early beta testing
Single.Earth's platform for landowners launches in closed beta
offering preliminary land assessments
Landowner's platform public launch
accepting lands in EEA with at least 3 hectares of forest
Introducing the MERIT Ecosystem Integrity Index which includes carbon stock and biodiversity indicators
Single.Earth opens for token buyers
MERIT token sales available for EEA accounts