The Save Environment Token (SET) is a new cryptocurrency token whose main objective is to reduce global warming, environmental pollution, and carbon emission. It also seeks to build a sustainable environment, save the planet for future generations, and to address current concerns about the world’s citizens fitness and health levels. It achieves the listed objectives through promotion of eco-friendly technology and environmental savvy products on the blockchain platform. You can read more at Set4Earth.io.
Some of The products that it promotes include:
- Public Bicycle Sharing (PBS) system: This is a form of public transportation using Joy e-bike. The e-bikes are strategically positioned for use by the public. Using a control center, users can always know and monitor the bicycle’s location.
- Ward wizard solution: This enterprise offers unique and innovative products that will enable the community to live enhanced and healthier lifestyles.
- Outdoor air pollution controllers: These air pollution controllers are installed at public locations with the aim of reducing outdoor pollution around the world.
- Solid waste management: This product helps government bodies in recycling and reusing of solid waste, which leads to betterment of the society and helping of a nation’s farmers.
- Solar renewable projects: The platform offers renewable energy consultation, engineering, and contracting under the SET space due to the vast experience and expertise it has in the renewable energy space.
What Set4Earth Seeks To Achieve
The SET platform also creates an eco-system for eco-friendly businesses and entrepreneurs all over the world where they can be able to sell their products to the customers on the platform. It also serves as a project management consultant for businesses that would like to use it for their projects.
It provides an opportunity for investors to invest in eco-friendly products or projects. The investors register on the platform and from the list of projects, they can be able to choose the one that appeals them the most. The token is ERC20 standard token that will be based on the decentralized Ethereum blockchain and run using the smart contract.
The SET token is a discount token, which can be redeemed for eco-friendly products. The price of the token will be dependent on the size of the set community and on how frequent they purchase the eco-friendly products. The current price of the Ethereum will also determine the price of the token because it is designed on the Ethereum blockchain.
- Utility token: The SET token is a clear functioning utility token, which means it can be used to purchase products or get discounts for products.
- Smart contract: The platform adopts the use of smart contracts, which enables two parties to transact based on the terms of the agreement without having to involve a third party. It ensures that each party executes their part of the contract.
- Easy to use: It has a user-friendly interface that integrates exchanges which convert other cryptocurrencies instantly to SET tokens that can be used on the platform. It also comes equipped with a wallet that is suitable for storing of funds and transactions.
- Eco friendly projects: It provides an opportunity for individuals to participate in projects that save the world from pollution and global warming.
- Voting rights: Members of the platform have the right to vote on different environmental projects. They can also gather incentive token to use in the future.
Set4Earth SET Token ICO Details
Set4Earth will be holding a Token Generation Eventl which is basically the same as an ICO. SET tokens can be purchased using BTC, ETH, LTC, DASH and BCH.
- Token name: SET Token
- Total token supply: 45 million
- Tokens distributed in ICO: 17 million (37%)
- So[ cap: 5 Million Token
- Price of 1 Token: 0.90 USD
Allocation of funds
- Development – 50%
- Markeঞng – 15%
- Legal – 5%
- Operaঞon – 10%
- Infrastructure – 5%
- Administraঞon – 5%
- Miscellaneous – 10%