Climate Forest Roxbury 2023 NFT-Collection
About this Impact-NFT Collection
Cornish 04020 (Maine)
United States of America
The proceeds of all sold NFTs benefit the issuer.
The impact assets offered here represent the earned impact in 2023 of Climate Forest LLC’s Roxbury project (Maine, USA). It contains the following ecological benefits:
One NFT represents 1 metric ton of CO2 sequestered by the growth of biomass in the forest. Roxbury formerly was wood harvesting-focused forest for different industrial use-cases (e.g. sawmills, paper production) and now is under sustainable management by the land owner Climate Forest LLC and transitioned to a wholistic long-term use.
The ecological co-benefit of this forest land conservation is the intended increase of biodiversity. Native species will thrive by a minimizing wood cropping activity, keeping dead wood in the area and by promoting a much more diverse tree population. The 2023 baseline value was 2.352, intended to be grown in future. Biodiversity enhancement only can be evaluated from a future perspective, so the co-benefit here will be constantly monitored over time.
The impact represented in this project and vintage was reviewed in an opinion paper by LOOMPACT AG and can be tracked end-to-end using a link & QR-code that is embedded in each NFT. Moreover Climate Forest LLC uses a technologically advanced continuous monitoring & baseline evaluation approach by the services from 44moles GmbH.
This is a demo Impact Credit NFT Collection of 100 pieces, representing 100 tonnes of CO2 stored by the Roxbury forest in 2023. These 100 tonnes are a small fraction of the whole Roxbury 2023 vintage, which was in total 9656 tonnes. For transferring the “BLOC” credits formerly registered with 44moles, LOOMPACT retired them on 44moles side (see retirement certificate number RE-2024-154), preventing double-counting/-sales and so was able to bridge them to sellable NFT-based Impact Credits, which are offered here.
With buying this NFT, based on the proven impact in 2023, you support the continuous operation & further development of the Roxbury forest project. All proceed benefit the issuer (Climate Forest LLC).
About Impact Credits
Impact Credits are like the already well known "CO2 credits" or "CO2 certificates" - they represent a positive effect done by an organization for a better world. But Impact Credits are not only addressing climate change, they are much more versatile as any kind of generated positive eco/social outcome can be transformed into a credit.
Despite the fact, that it is based on a high-tech blockchain architecture (NFTs), they are as easy to buy as buying a ticket or any goods from online shops. All you need is your credit card. There is no special knowledge needed for buying or handling these credits.
Curious how easy it is to buy them? Then take a look at the short explainer video below...
Basically, you buy data & an "impact claim". The organizations that created the outcomes check them in on our LOOMPACT reporting & transparency platform. If they do this, they still own the data they checked-in and they are able to sell this data later on using Impact Credits. The Credit itself so contains a part of this reported outcome and in fact also the claim, who has created the impact is transferred to the buyer.
The reported data & the underlying impact model for every NFT collection is checked externally for validity. This is a complex audit process, mostly following the IMVS standard (see the glossary section for a deeper explanation).
LOOMPACT is not the issuer of the Impact Credits - the issuer is the organization that created the impact and also they are the ones selling the NFTs. LOOMPACT is a technology and sales platform provider here. So also the proceeds of all sales benefit the impact-generating organizations directly.
Purchasing these NFTs is as simple as any online shopping; just use your credit card and email. Upon purchase, we'll create a "custodial wallet" for you through our payment provider, linked to your email. You'll receive all details about accessing your Impact Credits by email, and you can transfer your NFTs to your own digital wallet at no extra cost.
Every collection has it's own bulk request email address listed on it's shopping (minting) page. Click on that address and send us the details about how many NFTs you want to buy and ideally any invoice info if needed. That's all - we take care of the rest.
In short - yes. With most of the Credit issuers here we've got contracts for the continuous delivery of freshly realized outcomes. Besides theses we've also got a plenty more organizations that work with us but their collections are not publicly listed on our marketplace, as they are "bespoke" Credits designed for the use of one or more bulk buyers. Also these feed in to the stream of outcomes we securitize with LOOMPACT NFT. Let us know about your demand and we cater that need.
Yes, we do that. At first we need to talk about your needs and goals. After that we're actively looking for project partners that deliver the specific outcomes you need, also (if needed) in the desired region where the impact should be generated for you. Please contact us using our mentioned email addresses.
Also when it comes to special requirements on how to integrate your Impact Credits as NFTs in your internal or external reporting, we're at your side. We've done that several times - either for non-interactive reporting scenarios ("printed" reports) or for interactive presentations (compensation proofs on corporate websites). Please contact us using our mentioned email touchpoints.
For even more answers & details, visit our FAQ-page.
FOR INDIVIDUAL QUESTIONS AND SUPPORT PLEASE USE THE CONTACT EMAIL ADDRESS OR USE OUR X/TWITTER & DISCORD CHANNELS.