Frequently asked questions
Why is it important to protect forests?
The role of forests is very important in climate change – about 25% of global greenhouse gas emissions come from the land sector, and nearly half of these emissions come from deforestation and forest degradation. Forests bind around 2.6 billion tons of carbon dioxide (CO2) every year in the world, which is almost a third of the CO2 released by burning fossil fuels. It is therefore crucial to halt the loss and degradation of forest ecosystems and to promote their restoration.
Who is behind the project?
Behind the EverForest project are the employees of the technology company, who are engaged in the development of both robotic parcel machines and autonomous robot couriers, and specialists in the field of IT and researchers who help to prepare an unbiased forest management strategy. All this in order to digitally valuating forest units. Our goal is to slow down the damage to nature by protecting and renewing forest areas for carbon dioxide sinks and that way alleviate or diminish damage resulting from CO2 emissions caused by human activity.
How is EverForest different from competing climate projects?
There are indeed several partially similar projects, but they all are geared toward solving more limited problems. For example, planting of individual trees or trading of EU quotas are offered. Our project goes one step further and creates a new digital conservation area that offers a complete real-time monitoring solution for meeting CO2 targets. Everyone interested can participate in EverForest and contribute to the formation of a protected area from people to people, which ensures green forest management and a real measurable result. The NFT corresponds to the cadastral unit and its exact unique location - go for a hike or just relax and see for yourself the purposeful fulfillment of the project's goals. We will also start with the digital valuation of our forests - just as is the most logical and transparent way. Other forest land owners who join our project will be a bonus.
What is the difference between the EverForest project and the EU carbon quota?
The future is here, and more and more companies and individuals must think about how to reduce their carbon footprint (CO2) - both in production and supply chains, but also in everyday life. We've all heard of the infamous EU carbon dioxide (CO2) quota, which is a rather complex and sometimes confusing term. The CO2 trading system, or emissions trading, originated from the Kyoto agreement and the EU's climate policy, which aims to move towards climate neutrality. For example, companies can buy and sell allowances as needed, and each allowance allows the owner to emit one ton of CO2, the price of which is shaped by market demand in the trading environment. Today it is clear to everyone that, unfortunately, this system has several shortcomings and the price of the quota is very high. Our goal is to offer both companies and individuals a clearer and more transparent alternative - we reduce the CO2 footprint of individuals and companies by using new technology. This is not a so-called quota or permission to pollute, but a digital protected area secured by physical forests. With the help of forests, we help to reduce the amount of CO2, i.e. to neutralize the air pollution resulting from the activities of private individuals and companies. At the same time, this does not exclude the possibility that in the future we will cooperate with both the Estonian state and the EU in order to add more real-time measurable content to the already developed climate strategy - the best possible solution would be if the owner of the NFT can personally convert it to the EU system, if needed.
What does a green managed forest mean and how is the prevention of clear-cutting ensured?
A green managed forest is part of a forest strategy developed by impartial scientists, taking into account all the important parameters, as well as the intangible part. A clear requirement is that clear-cutting must be prohibited in the EverForest forest units. We write the promises in accordance with the forest management plans and into a notarized physical contract, as well as prepare a white paper and publish the agreement digitally.
Isn't crypto itself polluting?
Blockchain technology has received an unfairly large negative image. In fact, it has enormous potential. We have thought through how to mint NFTs, i.e. create them green, using solar energy, and how to keep the system running with a very small environmental footprint. We also use a PoS system, not a PoW system, when launching the token. Blockchain technology has a very big advantage, as we can chain both our promises and important parts of the project and use it at all important stages. Without blockchain, it would be very difficult for us to build a functioning system that is tied to real time non-fungible assets. Through the blockchain, all interested parties become part of the project. It also provides great opportunities to leverage the project if we want to expand globally.
I would like to participate in the project, but blockchain? Tokens?? NFT??? Can't understand anything :( Is it possible to participate in the project without crypto?
Of course you can! We are also developing an opportunity to participate in the project without a crypto-wallet and prior knowledge, using the example of "Grandmother Maali". In the meantime, you can contact us via the "old-school" e-mail: email@example.com and we will find a solution that suits for you.
How to support the project anonymously?
There is always an opportunity to support the idea of the green movement through a donation, in which case the 50/40/10 logic applies — 50% of the amount goes to buying forests, i.e. increasing the protected area, 40% to development activities and 10% to the forest renewal reserve. EverForest OÜ IBAN: EE522200221078356879, BIC/SWIFT code is HABAEE2X and explanation: For the protection of forests. The names of the supporters will not be disclosed.