Over the past century, the repercussions of global warming have developed rapidly and caused visible devastation. The natural environment is deteriorating at an accelerating rate as a direct result of widespread economic interests, which almost always take precedence over environmental considerations.
Blockchain technology is an ideal solution to counter global warming. In this regard, the Save Planet Earth cryptoproject has come up with a potential solution. The Save Planet Earth team decided to adopt blockchain technology because it is accessible all over the world and because it makes everything completely open and verifiable for all parties involved.
What is Save Planet Earth?
Save Planet Earth is a blockchain-based currency created with the carbon reduction mission in mind. The platform aims to tackle climate change and global warming by developing several projects. According to its whitepaper, the asset intends to set achievable goals for carbon sequestration by embracing activities such as reforestation, renewable energy, afforestation, avoidance of fossil fuels, and recycling, among others.
The network intends to achieve these goals by combining business and public interest with innovative financial structures. The Save Planet Earth crypto project intends to create a carbon credit marketplace that will enable individuals and companies to offset their carbon footprints in exchange for blockchain tokens while ensuring that everything is verifiable and transparent.
Save Planet Earth’s goal is to provide cost-effective, easy and effective ways to enhance carbon sequestration and build effective emissions control systems. With this, the platform intends to combat global warming and keep climate change within reasonable parameters. In addition, the network strives for self-sufficiency in order to fund its environmental projects and to compensate its merchants with the proceeds.
This profit can be achieved through a variety of methods, such as revenue from projects, sale of certified carbon credits, merchandise sales, tree-based products, and companies’ use of tree-tracking software. Blockchain technology unites the world and contributes to the development of an efficient and unified global economy. Unfortunately, a great deal of blockchain technology is still dependent on carbon-emitting energy sources. Thus, one of the goals of the network is to completely decarbonise using blockchain technology.
SPE is a utility token developed for carbon credit trading by Save Planet Earth. This digital currency is built on ERC-20 and BEP-20 standards, and it continuously contributes to ongoing environmental efforts. BEP-20 is a token cover that extends the ERC-20 network standard on Binance Smart Chain (BSC). On this platform, organizations and individuals hope to earn certified carbon credits using SPE tokens. In addition, the SPE coin aims to create its own green launch pad for other eco-cryptocurrencies.
Expedition
The Save Planet Earth coding project aims to provide simple, cost-effective and effective ways to enhance carbon sequestration and implement effective emissions control systems. These projects will help combat global warming and keep climate change within reasonable parameters.
SPE will carry out global activities to prevent global warming, increase carbon sequestration, and promote international acceptance of SPE. Save Planet Earth will be completely self-sufficient, supporting its own environmental programs and compensating its investors with the profits it generates through a variety of activities.
SPE considers blockchain technology to be the technology of the future because it unites the world and contributes to the formation of a unified and efficient global economy. Save Planet Earth is also still in the early stages of creating a green blockchain to aid in this endeavour. The blockchain will be carbon negative and will primarily be used to verify approved carbon credit offsets and as an environmentally beneficial means of money transfer worldwide.
Team
Imran Ali is the founder and director of the Save Planet Earth coding project. He is a certified Prince II Practitioner and an MBA. Mr. Ali brings over ten years of experience in senior management positions and has worked for high-growth companies including Citibank, the UK’s National Health Service and many foreign governments.
Dr. Priyanta Wijesuria is the Senior Technical Advisor for the Save Planet Earth Cryptography Project. US- and Sri-Lankan-educated energy expert (Bachelor and Master in Energy Engineering, PhD in Resource Economics and Intergenerational Equity). Dr. Priyanta, a researcher at the University of Massachusetts Rotary Foundation, is a pioneer in renewable energy projects and sustainable development.
Other team members include Professor Mohan Munasinghe (Carbon Consultant), Sanith D’Silva Wijeratne (Carbon Consultant), Asif Khan (Lead Developer), Sajid Saleh (Project Manager), Chris Brooke (Recycling Manager), Professor Rahula Atalaj (Technical Consultant) ) and Dr. Iftikhar Bukhari (technical advisor), Dr. Graham Walwyn (technical advisor) and Professor Waqar Ahmed (technical advisor).
What does this project do – the main function
The Save Planet Earth Crypto Project is a UK registered company and global project dedicated to developing a variety of programs to tackle global warming and climate change. To delay and ultimately reverse the consequences of global warming, SPE must establish realistic carbon sequestration targets through afforestation, renewable energy, soil regeneration, and better marine climate management.
These initiatives will be complemented with the help of increased public interest, corporate participation, and new financing structures. The team will provide the SPE cryptocurrency directly to investors using blockchain technology. Once approved, it will create a market for carbon credits, making SPE a viable investment option for organizations and people looking to offset their carbon footprint.
symbols
The Enhanced SPE contract came into effect on November 1, 2021, following a successful audit. Despite achieving a perfect score of 100 percent on its Certik audit, the Save Planet Earth crypto project moved after the majority of its community supported it. Because the previous decade has been abandoned, the fundamental improvement of the new decade is that the future adaptation will be less restrictive.
Migration has opened up project capabilities and enabled SPE to enhance many aspects of the contract, including classes. For the sake of continuity, SPE started with a supply cap of 1 billion but burned 407 million tokens to equal the full supply of its previous decade.
In addition, each transaction will destroy the SPE, as in the case of using carbon credits. Save Planet Earth has other ambitions for its updated nodes, including interconnection with multiple blockchains. 1 billion max supply (592,000,000 total supply as of writing).
road map
The Save Planet Earth crypto project roadmap has been updated to include SPE’s native carbon-negative blockchain. The blockchain will be fully powered by renewable energy sources. The SPE Chain (SPEC) will be used primarily for the platform’s verified carbon credit ecosystem and as a low-cost, environmentally responsible way to send money anywhere in the world. SPE also offers exchange options with its SPESwap platform.
The Save Planet Earth crypto project will also offer staking once the carbon credit market and green blockchain are fully established and available to the public, and once its many efforts start making money. Save Planet Earth is also focused on an opportunity to foster IDO’s environmentally oriented launchpad community – SPEPad – for other crypto-based startups aiming to impact global warming. This introduces an additional use case for SPE and will give owners access to private sales for each SPE project.
conclusion
Since Save Planet Earth uses blockchain technology, it is now accessible to anyone, anywhere in the world. When blockchain technology is used in more places, there will be a great opportunity for expansion. In addition, the NFT system itself makes it possible to implement new technologies for linking carbon credits. This makes the Save Planet Earth coding project a promising initiative. The platform shares regular updates on Official Twitter account.