NGD Whitepaper
  • EXECUTIVE SUMMARY
  • MARKET ANALYSIS
  • PROBLEM STATEMENT
    • Why are conventional landfills a problem?
    • What are the time frames and costs associated with conventional landfills?
    • How are methane emissions different from CO2 emissions?
  • OUR SOLUTION
    • Landfill Modernization Through ALBS
    • Regenerative Finance
  • CARBON CREDIT MARKET
    • Voluntary Carbon Markets
    • Mandatory Carbon Markets
    • Kyoto Protocol
    • Emissions Trading System (ETS)
  • BUSINESS MODEL & ECOSYSTEM
    • How are carbon credits an inseparable part of the NGD business model?
    • How does New Green Deal Corporation help children save for their higher education?
    • The NGDE Ecosystem
    • The NGDF Ecosystem
    • NET0AIR
    • COMMUNITIES FOR EDUCATION
  • GO-TO-MARKET STRATEGY
    • Resurgence Force Earth
    • Social Media Marketing
    • TV and Radio Advertisements
    • Partnerships with School Boards
    • Partnerships with Landfill and Waste Management Establishments
    • Community Organization Platforms
  • TIMELINE
  • PRODUCT ROADMAP
  • SUMMARY
  • DISCLAIMER
  • REFERENCES
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  1. BUSINESS MODEL & ECOSYSTEM

How are carbon credits an inseparable part of the NGD business model?

By merging blockchain with the cap-and-trade market, NGDE Corporation Token ($NGDE) can provide its users with asset-backed future carbon credits in the form of Non-Fungible Tokens (NFTs). Carbon credits for ALBS projects are derived from the following process: The baseline measurements of a targeted landfill mass at a given place and time are compared to a subsequent measurement taken at a later date in order to obtain the remaining methane mass. The difference in tonnage dictates the number of carbon credits created. The implementation of the Blockchain and NFTs secures the value of the carbon credit for the token holders.

Therefore, when NGDE Corporation carbon credits are triple verified by qualified third-party entities, the associated $NGDE Tokens can be used to purchase NGD-NFTs that hold intrinsic value via an associated unique blockchain key identifier assigned to each NGD-NFT. Each project will take one year for development, and one year to harvest the carbon offset credits. Together, next-generation technologies can fund and implement world change and a greener planet.

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Last updated 2 years ago