Toucan Protocol: Nature Carbon Tonne Logo

Toucan Protocol: Nature Carbon Tonne NCT

Toucan Protocol: Nature Carbon Tonne header image

1. Summary

Ranks

Liquidity
-
Developer
-
Social
61
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.42 -1.1%
Market Cap
$0.00 (#12667)
Supply
0.00 / 1.41M
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) $398.00
Total Supply 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.
2. Price

NCT

2.1. Market Performance

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

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

4. Social Activity

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
5. News

No recent news found.

7. More Information

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...
Twitter @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

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