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HomeCOINSWhat Is Orne? (ORNE) Complete Guide Review About Orne.

What Is Orne? (ORNE) Complete Guide Review About Orne.

What Is Orne?

The Orne Coin company turns forests into liquid assets, making it possible to invest easily in forests through a simple swap, without recourse to a notary and without responsibility for planting or maintenance. The company deals with the management of cash flow between the real and virtual worlds, and serves as a bridge between the forest and its digital mirror.

Orne Coin Storage Key Points

Coin BasicInformation
Coin NameOrne Coin
Short NameORNE
Circulating Supply97,000,000.00 ORNE
Total Supply50,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

How it works

1. Plantation

Orne purchases land and plants trees. Each tree in the forest is represented by an NFT, with associated metadata (coordinates, species, age, etc.)

2. NFT creation

To create an NFT, Orne blocks 50% of the value of the tree in a smart contract in the form of an $ORNE token. The NFT is then put for sale. During the lifetime of the tree, the NFT can be bought and sold, as its owner wishes. The forest thus becomes a liquid resource.

3. Harvest

When the tree is ready to be harvested, the owner of the NFT can exchange (burn) their NFT to receive the value of the sale of the tree.

4. Remuneration

The tokens locked at the creation of the NFT are used to remunerate the owner. If the value of the tokens is inferior, Orne Coin will make up the difference. If the value of the tokens is superior, collect the difference.

A three-step process

1. Seeding

Own a tree by holding its NFT representation.

2. Growth

Orne takes care of it in a sustainable way.

3. Profit

Once harvested, you get the money.

Platform

Orne In addition to being able to exchange Tokens to buy trees, represented by NFTs, the platform will also serve as a marketplace. Owning an NFT does not mean blocking your investment until the end of the exploitation of a tree. Initial sell of NFTs will be made through Talis Protocol.

The challenge: Protecting forests while meeting demand

Global average temperatures

Continue to rise year-on-year and at an increasing rate. Changing weather patterns, extreme weather events, sea level rise…The effects of climate change are being observed around the globe. It is evident that they need an urgent transformational shift to protect people and nature.

In 2020, greenhouse gas

Trees Orne Coin carbon dioxide and emit oxygen, making forests the second-most important carbon sink after oceans. Forests are also home to 80% of the world’s biodiversity and millions of people are dependent on them for their livelihoods. The demand for wood and wood products is set to increase as they move towards sustainable alternatives, such as for packaging and construction.

Since 1990, over 400 million hectares of forest 

In spite of their fundamental role, forests are disappearing at an alarming rate. They have lost over 400 million hectares of forest since 1990. Given the economic drivers of deforestation and forest degradation, the creation of protected forest areas alone is not the most realistic or appropriate solution.

The solution: Financing sustainable forestry through NFTs

Orne is convinced that it is possible to combine conservation and profitability through sustainable forest operations. With the support of forestry specialists, Orne will create and maintain rich and complex ecosystems. Trees will be responsibly harvested in a sustainable manner, allowing us to balance forest conservation and demand for wood and wood products.

Marketplace

To simplify the experience when selling, buying or exchanging trees, a marketplace module will connect sellers and buyers. This marketplace will be decentralized and will operate on a blockchain. It will be accessible from various connection means, such as MetaMask or other Dapp compatible browsers.

Exchanging the NFT for profit, this token will be destroyed.

Tokens are free to be exchanged at any time on the Orne Coin platform. You are therefore
not obliged to keep your token until the exploitation of the tree and can benefit from
an added value linked to the current duration of your investment growth. NFTs will, eventually, also be available for purchase directly in cryptocurrencies (ETH, USDT …).