Carbify CBY

1. Summary

Ranks

Liquidity

82

Developer

-

Social

59

Momentum (beta)

84

Stack Rank™

-

Price

$0.23 -8.9%

Market Cap

$2.26M (#2668)

Supply

9.84M / 50.00M

Tags

NFT Polygon Ecosystem Ethereum Ecosystem Gaming (GameFi) Environment Real World Assets (RWA) Regenerative Finance (ReFi)

More Metrics

Price
52W High price	$4.23
52W High date	9th Apr 2024 (10 months ago)
All Time High (ATH) Date	3rd Apr 2024 (10 months ago)
ATH Price	$4.36
% From ATH	-84.67%
All Time Low (ATL) Date	20th Jul 2023 (1 year ago)
ATL Price	$0.25
% From ATL	169.8%

Supply & Trading Volume
Trading Volume (24h)	$85,771.00
Total Supply	50.00M
Max Supply	50.00M
Circulating Supply	9.84M

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Description

Overview of Carbify

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Overview of Carbify

Carbify is a blockchain-based project focused on environmental sustainability. It aims to mitigate the effects of climate change and deforestation by planting millions of trees in the Amazon rainforest. The project combines the use of Non-Fungible Tokens (NFTs), known as NFTrees, with real-world tree planting. Users can invest in these digital assets, which are geolocated and linked to actual trees. This initiative helps absorb CO2, supports biodiversity, and empowers local communities through sustainable food security practices.

Unique Features

• Tree Planting and Carbon Management: Carbify uses NFTrees to track and offset carbon emissions. These digital assets represent real trees, allowing users to support eco-friendly practices in the Amazon rainforest.
• Blockchain Transparency: Carbify ensures transparency and traceability by utilizing blockchain technology, making it possible to verify and track carbon offsets and tree planting efforts.
• Gamification: The project includes games like Eco Empires: Battle for the Earth, where users can earn rewards by actively participating in reforestation and offsetting their carbon footprint.

Token Features

The Carbify token, $CBY, is used in various ways within the ecosystem:

• Investing in Trees: Users can invest in NFTrees, which are linked to actual tree planting efforts.
• Staking: Token holders can stake their $CBY on virtual plots to increase their yield and earn more tokens.
• Gamification Rewards: Participants in the Eco Empires game can earn rewards and bonuses by engaging in tree planting and carbon offsetting activities.
• Token Usage: Users can sell their tokens, use them to offset their own carbon emissions, or hold them as an investment.

Ecosystem and Community

• Carbify Team: The team includes experts in ecology, data science, forestry, game development, and more, ensuring a diverse and skilled group working towards the project's objectives.
• Community Involvement: Users are encouraged to participate through games, staking, and other activities, creating a community focused on sustainability and environmental stewardship.

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