About DECA
DECA creates a green economy which digitally signs carbon credits in a blockchain. At this stage, emission reduction through carbon credits is controlled by a few market players: multinational companies and governments. Without a free market or access to people, the impact and purpose of the Paris Agreement are minimized, which is to reduce global emissions by 50% by 2050. Furthermore, current NDC’s are not nearly sufficient to reach the Paris Agreement mitigation target. We propose to introduce a Dapp that crypto-democratize the carbon credits by a proof-of-trust mechanism. More information at deca.ecoDECA’s Vision
DECA aims to connect carbon markets and high-quality carbon credits to individuals and businesses to ensure social and environmental impact in greenhouse gas emissions. By raising funds, DECA aims to transform the DECA Token to a DECA Currency Platform to create a new green economy based on carbon credits using a lightning network, blockchain, and a Proof of Trust mechanism.
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DECA PRICE MECHANISM
A token that is a commodity and security leads to a price mechanism model. By a historical and mathematical background that defines DECA token value, the semistable token tends to increase the percentages of the commodity, while the security, as a volatile asset, helps to fund DECA currency. The purpose leads to a full commodity cryptocurrency and its platform.
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