New Blockchain-Backed Project Motivated Towards Preserving Peruvian Rainforests
According to a report published by Gestion.pe, Rafael Benavides is working towards a blockchain-backed project dubbed, “Bosque Guardian” that would preserve 20,000 hectares of rainforest situated in a defenceless part of Tarapoto.
In particular, Benavides shared that the project has successfully secured partnership with “Chainzilla and Komodo Platform, which is based on Bitcoin.” To provide a wide range of facilities from condos and cabins to boutiques, Benavides plans to raise funds through the distribution of the project’s native token, the Guardian Coin, as per Crypto Vest’s reporting.
He expects a funding of $20 million with token price set at $1. As for the token’s usability, consumers will supposedly be able to use the Guardian Coin at the hotel to make purchases of goods and services.
To ensure that the rainforest is not compromised in any way, the project will see contributions coming from the likes of Bali’s Ibuku architects, whom Benavides called one of the most preeminent when it comes to the utilization of bamboo. As for the approximate location, the Bosque Guardian will be situated 45 minutes away (i.e. Escalera Mountain Range) from the Tarapoto airport.
The goal of the project is to come up with sustainable plans that would preserve trees. To make this a reality, several measures will be taken, some of which include educating locals, renewable energy, finding healthier profit generation and essential programs.
The CEO of Chainzilla, Charles Gonzalez does not only see this as an opportunity to make environmental-friendly moves, but also one that will create a new market category. In particular, he shared,
“There is a misconception about it [Bosque Guardian] being solely non-profit. Bosque Guardian is pioneering a sustainable model of conservation that gets us one step closer to making biodiversity conservation profitable.”