To promote C3's vision of providing the transparent, neutral, and public infrastructure necessary to accelerate climate finance on a global scale, we will begin a pilot for J-Credits in Japan.
About Mori NFT
MORI-NFT seeks to build a decentralized ecosystem for realworld linked NFTs and carbon emission offsetting. This platform helps to reduce CO2 emissions, protect forests in Japan. Through the tokenization of forest maintenance projects, reforestation projects, and CO2 capturing, MORI-NFT enables a transparent and globally accessible market for sustainable investments. Connecting real-world linked NFTs to the digital world, new business models and communication platforms between companies with a strong desire to build a sustainable society and consumers can be created.
This allows them to start or support new projects via the MORI-NFT Platform and keeps the value within the MORI-NFT ecosystem.
-Utilize MORI-NFT’s J-Credit registry account to hold credits during a pilot.
-A ‘digital twin’ of held credits will be created via C3’s infrastructure.
-Tests will be conducted related to: 1) retirement on-chain; 2) API communication with MORI-NFT for reflecting retirements in their J-Credit account; 3) auditing of MORI-NFT’s J-Credit account (and exploring automations for this purpose); 4) Pooling and J-Credit pool design.
-Utilize an SPV for creating a bankruptcy protected custodial entity for J-Credits.
-Hosting J-Credits on a 3rd party platform, such as Carbonmark, for retirement there.