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About Tracer
Tracer (TRCR) is a groundbreaking initiative aimed at addressing the urgent challenge of climate change by creating a robust ecosystem for carbon dioxide removal (CDR). By leveraging blockchain technology, Tracer facilitates the issuance, trading, and management of high-quality carbon credits, thereby contributing to a market projected to reach $1.2 trillion by 2050. This innovative approach not only seeks to compensate for existing greenhouse gases in the atmosphere but also plays a pivotal role in restoring the climate through the effective removal of CO2.
The Tracer ecosystem is governed by a Decentralized Autonomous Organization (DAO), which empowers token holders to make key decisions regarding the operation of the platform. Through a dual-token model comprising the Tracer governance token (TRCR) and the Carrot token (CRRT) for trading carbon removal credits, users can enhance transparency and facilitate a liquid marketplace. This design ensures that participants can easily track the origin and certification of carbon credits while also allowing for efficient trading opportunities in the carbon credit market.
With a commitment to building trust and scalability, Tracer supports smaller carbon removal project developers through financial instruments that enable them to secure funding. In addition to forming partnerships with businesses to expand the reach of carbon credits, Tracer also emphasizes security and compliance by integrating strict governance measures and engaging with regulatory authorities. The overarching goal is to create an inclusive and effective marketplace that not only meets global climate goals but ensures financial sustainability for all stakeholders involved.
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