DAO IPCI is a blockchain platform that uses the Mitigation Token and a DAO system to provide a marketplace for environmental assets. Here’s our DAO IPCI review.
What Is DAO IPCI?
DAO IPCI is a company that is creating a Decentralized Autonomous Organization for operating, sustaining, and developing the Integral Platform for Climate Initiatives.
The platform uses smart contracts and blockchain technology to create a transparent, decentralized marketplace for environmental assets. Those environmental assets include carbon markets, societal costs mitigation instruments, and environmental rights and liabilities, among other assets.
The end result is a global green finance market that mobilizes funds for environmental and climate change mitigation.
DAO IPCI is being created by a Russia-based team of developers with partnerships from various green infrastructure leaders worldwide.
Benefits Of IPCI DAO
IPCI will provide benefits to all major players in the green economy, including businesses, individuals, green infrastructure developers, and green financing companies. Here are some of the proposed benefits of the platform for each of these parties:
- Easy peer to peer investment in third party verified green projects
- Ecological footprint calculation and offsetting
- Reduction of greenhouse gases and ecological damage
- A boost to the green economy
Meanwhile, global benefits include the elimination of fraud and double counting in the green industry, improved trust and quality among green assets, increased transparency of green investment projects and supply chains, and a “blockchainization of corporate, regional, national and international environmental programs.”
The project doesn’t just aim to attract these players to the platform with these benefits. The project has been designed and launched by these major players, including environmental asset exchanges, traders, regulators, green bond issuers, green project developers, business owners, and other entities.
What Are MITO Tokens?
MITO tokens, or Mitigation Tokens, are the cryptocurrency used by DAO IPCI. The company describes them as a “protocol-based environmental units exchange vehicle” and “the key element to provide for transactions efficiency and integrity of the ecosystem.”
The MITO token presale launched on September 11. It’s scheduled to end on October 31. Meanwhile, the general crowdsale will take place in mid-November (an announcement will be made on November 15).
The company is accepting ETH for contributions. During the pre-sale, 1 ETH =333 MITO.
MITO is designed to digitally represent mitigation costs, act as a carbon pricing instrument, and operate as a digital CO2 cost equivalent.
There will be an initial emission and distribution of 10,000,000 MITO tokens. The tokens are built on the Ethereum blockchain and are ERC20-compliant tokens.
The MITO ICO will be announced on November 15, 2017. You can keep up-to-date on specific information regarding the ICO by visiting ipci.io.
DAO IPCI Features
DAO IPCI offers the following features:
- Attracting investments into green projects without borders
- Instant launch and management of decentralized environmental programs
- Blockchainization of corporate, regional, national, and international environmental programs
- Easy access to green investments and assets via a decentralized application
- Monitoring of green investment project outcomes and supply chains
- Offsetting of environmental costs and carbon footprints
Who’s Behind DAO IPCI?
DAO IPCI is led by Anton Galenovich, PhD, who’s listed as the co-founder and lead developer of the company. Other key members include Alexey Shadrin (Co-Founder), who previously founded the Russian Carbon Fund.
The concept for DAO IPCI first began in 2014 and 2015, when the founders entered consultations with the Ethereum team. The company was publicly announced in May 2016, while development took place throughout last year. By March 2017, DAO IPCI had launched its DApp and performed the first ever carbon credit transaction on the blockchain. A month later, DAO IPCI had its first proof of concept with global environmental market players at the World Bank’s Innovate4Climate event.
DAO IPCI Conclusion
DAO IPCI and its MITO token aim to create a decentralized marketplace for environmental assets. The platform will facilitate the blockchainization of various environmental assets, including carbon credits and green infrastructure projects. The end result is a transparent marketplace that boosts the green industry as a whole.
DAO IPCI wants to create an integral platform for climate initiatives. The platform’s MITO token is on sale throughout September and October, with the general crowdsale launching in mid-November. You can learn more about the project today at mito.ipci.io