TreeCoin Launches Compliant Token Offering to Plant 10 Million Trees (FOTO)

Zug, Switzerland (ots) -

TreeCoin, the blockchain-based ethical reforestation and timber cultivation
program, has launched a unique Hybrid Token Offering (HTO) to raise funds for
the purchase of over12,000 hectares of fallow land in Paraguay to plant 10
million Eucalyptus trees in Paraguay.

If successful, the initiative will not only provide sustainable timber and
subsequent profit for over two decades but also generate long-term income that
will be reinvested into the expansion of enough land for 37 million trees in the
heart of the South American tropics over time.

Sustainable. Ethical. Profitable.

The world's thirst for timber has led to severe deforestation over the past few
decades, with forest reserves rapidly declining the world over.

TreeCoin's CEO Jörg Schäfer, himself a long-time advocate of green initiatives
speaks about TreeCoin's ambitions of developing a sustainable, scalable timber
production model that can be easily adopted by other environmental
protection/conservation enterprises. He explains:

"We consumed roughly 340 million metric tonnes of timber last year, and each
year, this will only increase. Soon we will need one and a half of our planet to
satisfy this, which is simply not sustainable.Many countries have already paid
the price of deforestation. Paraguay is a particularly tragic case, having lost
almost 90% of its eastern forests - causing irreversible damage to the
ecosystem. Realistically it will be decades before its woodlands can return to
their former glory. But this reforestation initiative is worth the investment,
on both a local and global level."

According to Schäfer, the project has already spent several years of research on
the ground working with a local reforestation partner. TreeCoin even operates a
training facility, hiring local Paraguayans to care for eucalyptus seedlings in
nurseries. The facility is led by TreeCoin reforestation specialist Andreas
Jelinek of Grupo Empresarial La Rivera S.A. Paraguay, who have successfully seen
3,000 hectares of land into development and 2.5 million harvested trees under
their management.

After the HTO and throughout a 23-year cycle, the company estimates harvest
revenues - after profit distribution - will enable reinvestment to purchase new
land and new trees to a total value of $546 million. In total, 59,650 hectares
of land will provisionally be acquired for reforestation, the outcome of which
will generate a projected profit of USD 1.1 billion.

How the TreeCoin HTO works

The hybrid token offering involves a dual-token model, where security tokens
(described as TREE) are sold to investors, each backed by one physical
eucalyptus tree which is planted by TreeCoin in Paraguay. In addition, every
TREE sold generates currency tokens (described as TXC), assigned to the token
buyer and distributed to the project and other beneficiaries. Each TREE
generates 100 TXC. An investor in the HTO, therefore, holds TREE security tokens
which ensure they receive a share of profits generated from timber harvests, as
well as TXC currency tokens, which will be developed as a native payment
currency used to support local retailers, communities and social projects in
Paraguay.

About TreeCoin

The TreeCoin HTO is a FINMA-compliant offering in the Swiss jurisdiction,
managed by Zug-based Global TREE Project AG .

1 TREE sold generates 100 currency tokens (designated as TXC). Of this, 70 TXC
is assigned to TREE holders. As a hybrid token offering, the TreeCoin HTO will
offer a maximum supply of 10 million security tokens designated as TREE tokens,
with a base cost of $23 each, for a maximum of $230 million raised. 40% of
revenue from each harvest is distributed proportionately to TREE holders, while
50% is reinvested in purchasing land and seedlings; ensuring TREE is a passive
growing asset.

Visit TreeCoin's Whitepaper (http://ots.de/wNkasT) for more details about
TreeCoin, TREE and TXC tokens.

Register now to participate in the TreeCoin HTO (https://invest.tree-coin.io/).

Contact:
Global TREE Project AG
Rothusstraße 23
CH-6331 Hüneberg
Contact: info@tree-coin.io
Press Contact:
Torsten Schiefen
Tel: +491732497313

Original-Content von: TreeCoin, übermittelt durch news aktuell