The initial exchange offering (IEO) for the token that powers the Green Universe Coin (GUC) platform and ecosystem development will begin on the ProBit Global exchange on April 24.
Built on the Binance Smart Chain with plans to be a multichain dApp supporting Ethereum, Polkadot, Polygon, and Solana in the future, the GUC portal will connect socially-responsible individuals, brands, and corporations seeking to reduce their carbon footprint.
Climate change continues to be an issue as global carbon dioxide emissions are constantly increasing each year. Emissions have to fall by 25% before 2030 in order to keep temperature increase within the 2°C range by 2100, according to the United Nations Environment Program. The FiveWin group, through its solar and other green initiatives, developed the GUC platform and token to help individuals and businesses offset their carbon footprint easily and securely.
The platform aims to raise awareness of environmental protection issues and emission reduction goals, while the GUC token will be used mainly to buy carbon credits (a minimum of 1 which equals 1 tonne of CO2) according to the current market price. The tokenized carbon credits will be received as trackable NFTs that can either be listed or traded on a marketplace like OpenSea, burnt to reduce the carbon footprint (in exchange for unique collectible NFTs from designated artists), or staked to get GUC tokens.
The GUC portal will list certified projects to help the green cause and provide individuals and corporations with investment opportunities. With investment accepted in both fiat and crypto forms, the projects will attract investment to the GUC token. It could also be used to pay for and reward residents who install the platform’s renewable energy system to achieve a low-carbon life goal.
The deflationary GUC token has a fixed supply such that when demand increases, it theoretically leads to a constant appreciation of its value. One of the measures in place to regulate the token price includes using smart contracts to prevent the sale of more than 0.1% of the total supply of GUC tokens within a 48-hour window.
ABOUT GUC
GUC is the underlying token of the GUC platform which aspires to bring value to its green community including investors and token stakers. It will be traded and priced as determined by market forces on various exchanges.
ABOUT PROBIT GLOBAL
Founded in 2018, ProBit Global is a Top 20 cryptocurrency platform featuring access to more than 800 cryptocurrencies and over 1000 different markets. ProBit Global aims to position itself as a world-class exchange for both crypto enthusiasts and novice investors, and boasts a user base of more than 2,000,000 active users, globally.
With a powerful crypto trading interface, easy integration for automated crypto trading bots, fiat on-ramp support for 45 currencies, and a multilingual website in 46 languages, ProBit Global has all the features to make your cryptocurrency trading experience easy.
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