What Is Carbon Utility Token (CUT) ?
Carbon Utility Token (CUT) leverages the trust and immutability of Blockchain Technology to offer a public ledger for certified Carbon Offsets. The pool of Carbon Offsets used in the CUT project, created through the reduction of harmful greenhouse gas emissions entering the atmosphere, are available to be transferred peer-to-peer and can be used to retire the full or partial Carbon Footprint of any given activity on the blockchain.
Carbon Utility Token (CUT) Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Carbon Utility Token |
| Short Name | CUT |
| Circulating Supply | 55,455,801.00 CUT |
| Total Supply | 543,122,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Vision + Mission
Carbon Utility Token (CUT) vision of the project is to offer technological tools and best practices that provide trust and transparency, bringing this greenhouse gas reducing opportunity to as many individuals, businesses, products, and services as possible. By creating a transparent blockchain powered technology for producers and consumers of Carbon Offsets, CUT incentivizes growth in these activities which we believe can help to create meaningful and long lasting positive environmental impact
Increased opportunities for meaningful environmental impact for both large companies and individuals
Carbon Utility Token (CUT) offer CUT in fractional amounts small enough to allow any user to make a certain activity, business, service, or product either fully or partially Carbon Neutral. At the same time we combine this carbon footprint reducing technology with positive green energy projects that reduce emissions and reliance on fossil fuels.
Real Utility for Climate Change
Carbon Utility Token (CUT) create access to the utility of retiring Carbon Offsets through the Carbon Utility Token (CUT). The Offset’s represented by CUT are verified by recognized international protocols such as: ISO, CDM, ETS, VCR, verified from accredited third party organizations Project examples include, but are not limited to, greenhouse gas capture and destruction, and wind, solar, and small hydro power generation
Ease of Access and Use
Carbon Utility Token (CUT) For the person who wants to offset the Carbon Footprint of individual activities, to the business that wants to make Carbon Neutral certain processes or products, this token allows for units of any size. In a Carbon market that has traditionally been operated as a brokerage model in many tonnes per transaction, CUT offers access to CO2E retirement previously unavailable directly to consumers in increments that are fractionalized.
Transparency + Auditability
Carbon Utility Token (CUT) fact that CUT can partner with emission reducing projects in supporting their growth and operations allows the ledger to offer a full audit trail from their creation to their place of retirement on the blockchain. This immutable audit trail on the blockchain can inform the token users of: the type of project that created their offset, the location of the project, the certification protocol followed in creating this offset, and the third party certifier that was used
Carbon Utility Token – CUT
Carbon Utility Token (CUT) Launched on the Ethereum Blockchain, CUT is a dApp with an ERC-20 compatible interface. Building on a foundation created by OpenZeppelin, CUT combines standard, tested code which has been reviewed by the broader Ethereum community, in addition to own Smart Contract architecture enabling the verification and tracking of the Carbon workflow which has undergone private reviews, security audits from global exchanges, as well as automated security analysis and threat modeling from trusted ecosystem partners.
Utility, Defined:
Carbon Utility Token (CUT) Upon minting Carbon Utility Tokens, the CUT Contract internally creates a tracked OFFSET which aggregates in the project pool recording the real world offsets. The project pool is a set of Carbon Projects created by the CUT operator which are directly linked to a real-world certified Carbon Offset purchase. Every CUT minted is directly linked to one of these projects and has an explicit legal and certified paper trail associating the offsets generated with the fractionalized tonnage within the CUT dApp. Upon using your CUT to retire an OFFSET, your token is paired with the exact offset project you are retiring Carbon from for immutable record keeping.