Forest Foundation (FRST)
Weighted Average Rating:
Project area: Others
Product: Forest Foundation is introducing an ecosystem that issues private carbon offset tokens that are backed by real forests.
Country: British Virgin Islands
Where can be used: Consumers who want to save the planet can buy FRST to offset their emissions.
Token type: ERC20
Platform type: Ethereum
|Vitally Marinchenko||Typerium, Upwork, RealTract|
|Valentina Nikolic||Action Coin, MediaLink, Human Proof Designs|
|Jonathan Wallace||US Army, Peakridge Partners, Wolfram|
|Nikhil Sethi||Wolfram, Tokeneo, ArtPro Platform Ltd|
|Youngshil Yoon||TransPerfect, Upwork, Vanan Online Services Inc|
|Daniel Hammer ||National Geographic, The Earth Genome, University of California, Berkeley|
|John Palmisano||eTrios Commodities LLC|
|Alexander Pfeiffer||McKinsey & Company, Young European Leadership (YEL), Smith School of Enterprise and the Environment|
|Brian Condenanza||Carlife, Alchemy Coin, Blinked|
|Yaroslav Belkin||Belkin Marketing, PRESALE.MARKET :TOKEN, Utopian Capital|
|Nikolay Zvezdin||Envinary Group, Bravia Capital, Grant Thornton International Ltd|
|Dennis Oosting||Serendipity Blockchain Solutions, Albert Heijn, Bither Foundation|
Total token vol: 4000000000
Token in ICO: 55
PreICO value: N/A
ICO value: 1 ETH = 30,000 FRST
Token Sale : 55%
Founding Team : 20%
Pre-sale 8 : 10%
Advisory Board : 5%
Bounty Program : 2%
Purchase of Forests : 70%
Founding Team 5 : 15%
Legal Costs : 5%
Bounty Campaigns : 3%
IT Infrastructure : 3%
Hardcap: 20000000 USD
Softcap: 5000000 USD
What is done: March 2018
Launch of FreedomDEX trading platform;
Listing sell and buy orders for more than 30 most popular ERC-20 tokens.
Locating of first forests to buy.
ICO preparation & Press Tour.
Starting with Product Development;
Starting with Product Development, and expansion of team.
What is planned: December 2018
Initial Forest Offering.
First trading of FRST tokens on FreedomDEX.
Implement satellite monitoring of forests. Aggregate forest holding exceed 1000 hectares;
First purchase of FRST token by a major emitter.
Listing FRST Token on exchanges.
Global rollout of FRST network.
Proof-of-Forest Blockchain usage announcement.
Partnership with the United Nations and a major industrialized country.
Road map progress: 40%