Establish and register the Carbon
Reduction Initiative (CRI) company
Develop the business plan
Craft the brand identity
Create the website
Raise funds for methodology completion
Develop the masternode cryptocurrency with decentralized governance features, conforming to the methodology specs
2020 Q2 – 2023 Q1
Complete certification process
2023 Q1 – 2024 Q1
Marketing and incentivisation to drive adoption
2023 Q1
Crypto wallet application for mobiles
2022 Q4 – 2023 Q4
Develop a tokenized carbon credit trading platform
Develop other cryptocurrency related carbon mitigation strategies
2019
Research and concept development
Preparation of Project Idea Note (PIN) for Verra
2019 – 2020 Q1
Pressure testing and methodology development potential assessment by SEA
2020 Q2
Develop carbon methodology concept note (CMN)
2020 Q3
Review by Verra
2020 Q4
CMN acceptance by Verra
2021 Q4 – 2023 Q1
Review by Verra and certifier
Develop project design document (PDD)
2023 Q1 – 2023 Q2
Audit of PDD
Certification completed
Owning an econode means a significant additional revenue stream from carbon credits generated on our network. Secondary passive income from blockchain generated carbon credits is a first in the world of cryptocurrencies.
