Toucan Protocol: Nature Carbon Tonne NCT
1. Summary
- Price
-
$0.46 -1.8%
- Market Cap
- $0.00 (#12188)
- Supply
- 0.00 / 1.41M
- Description
-
Overview
Overview
Toucan Protocol: Nature Carbon Tonne is the second carbon pool and liquid carbon reference token to be launched on the Toucan Protocol. The token is backed 1:1 with nature-based carbon tokens in a carbon pool. NCT represents carbon credits developed with nature-based methodologies, such as reforestation initiatives, and its tokens can be traded on decentralized exchanges.
Functionality
NCT is a key component of the Toucan Protocol, an infrastructure for tokenizing carbon credits. The protocol includes the Toucan Carbon Bridge, the Open Climate Registry (OCR), and Carbon Pools. The Carbon Bridge allows carbon credits to be tokenized, and the OCR serves as a global database of all tokenized credits. Carbon Pools, such as the Nature Carbon Tonne pool, hold tokenized credits and issue liquid reference tokens like NCT. These reference tokens can be traded on cryptocurrency exchanges and used in Web3 applications to accelerate climate action.
Key Features
- Tokenization: NCT is backed by nature-based carbon tokens in a pool and can be redeemed for TCO2 tokens.
- Trading: NCT can be traded on decentralized exchanges like Uniswap V3 and Sushiswap.
- Carbon Offset: NCT is part of a system that allows for the tokenization and trading of carbon offsets, making it easier to offset emissions.
| Price | |
| 52W High price | $1.20 |
| 52W High date | 29th Mar 2024 (1 year ago) |
| All Time High (ATH) Date | 4th Oct 2023 (1 year ago) |
| ATH Price | $10.06B |
| % From ATH | -100% |
| All Time Low (ATL) Date | 28th Aug 2023 (1 year ago) |
| ATL Price | $0.09 |
| % From ATL | 523.67% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $475.00 |
| Total Supply | 1.41M |
NCT
How does Toucan Protocol: Nature Carbon Tonne's (NCT) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
4.0%
NCT
-
Similar Market Cap
60 Day Return
-13.3%
NCT
-
Similar Market Cap
1 Year Return
-38.7%
NCT
-
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 4,405 |
| Active Discord Users | 142 |
| Telegram Users | |
| Twitter followers | 16,780 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://toucan.earth/ |
|---|---|
| Explorer | https://polygonscan.com/token/0xD838290e877E0188a4... |
| @ToucanProtocol |
What is the correct contract address for Toucan Protocol: Nature Carbon Tonne?
| Osmosis | ibc/A76EB6ECF4E3E2D4A23C526FD1B48FDD42F171B206C9D2758EF778A7826ADD68 |
|---|---|
| Polygon-pos | 0xd838290e877e0188a4a44700463419ed96c16107 |
Has Toucan Protocol: Nature Carbon Tonne been audited for security?
No security audits found for this project.
Are you the owner of Toucan Protocol: Nature Carbon Tonne? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.