I don't really see the token's advantage over CDT. Explain, please.
It sounds like BITE would be a new cryptocoin (or something similar) that is pegged 1 to 1 with a tree.
This way, instead of buying 1 mahogany tree for the going market rate, you can buy 1 BITE for the going market rate. Say you bought 10 BITE for 10 CDT today. In 12 years you can get 10 trees. Maybe next year you want to sell your BITE because you need money. You can sell your BITE to someone else.
It's like when you buy "corn" on the old stock market.
I like the idea better than trading CDT for an actual tree.
Yes, this works this way, nevermind you trade corn or wheat on stock you don't buy a real peasant wagon of it but a contract on it.
During a lot of travelling last days I've made a short calculation of profitability, according to current prices and to some species, showing that buying e.g. an acacia seedling for a few Polish Zloty max, planting on your own ground for 15-20 years (max. 20-25, because longer makes no sense), you receive about 200-300 PLN per each (if you sell your timber 'as it is' only cut down, straight from the forest), or more (up to about 1000 PLN) if you have it cut into planks, deliver it etc. I'm counting pure timber only, not the biomass from limbs etc), which would be a little bit extra.
But if you don't have your own ground... you can buy a tree (a contract or token of it) at us, and we'll find the ground, deal with planting and take care of it
And finally I came to conclusion, that it's a good business for us all that
1. the trees team will be selling the trees (tokens or contracts, containing seedlings planted/to be planted + place + service) for some thousand Detks now
2. we all will trade them during the next years, and make profit from trading
3. and some of us will be buying the whole plantations after 20 years, cutting them down and having profit from the timber.
This works exactly the same as corn or wheat on Matif, CBoT or any other stock exchange, where people trade future (but really growing) goods.
