FLOR token is in the spotlight. What about the ADMN coin?

Our planet is a living, breathing organism that is changing daily. Our actions affect it much more than we recognize. Climate change may influence the earth so greatly that we will find ourselves in the other universe. Think about dinosaurs. They are extinct now. While our technology will likely help us to avoid such a fate, we still need to tread carefully when it comes to using the earth’s resources, especially with global warming already on the way.

FLOR is an innovative project that aims to develop solutions to help fight climate change. The company plans to do that through the carbon credit market. The latter will assign a value to Greenhouse Gases (shortly – GHG). Moreover, the platform will penalize the factories that emit more GHG than the allocated quota while simultaneously rewarding those who emit less Greenhouse Gases.

The FLOR team hopes that by pricing GHG emissions, it will manage to correct current market failures. Lots of scientists warn that global warming will become humanity’s biggest challenge over the next 50 years. More and more people and companies try to offset their carbon footprints, but that’s not an easy process, especially with so many cars and factories.

FLOR wants to do more and change global warming’s current course that threatens our lifestyle. The team developed a technological solution to reduce the greenhouse effect and hinder global warming. The company introduced its environmental platform FLOR, along with its namesake native token, to achieve that goal.

How does the FLOR platform work?

This website will provide credit operations for individuals, as well as small and big companies that wish to participate in its market. According to the team, FLOR Coin will allow people to innovate and integrate carbon credits into other platforms and projects. Moreover, the token will enable customers to incorporate carbon offsetting into smart contracts and trade them on the market.

Users will have their own wallets to save their FLOR tokens. It’s available on mobile apps and the web. In addition, small businesses or individual customers will be able to create new applications on the FLOR platform.

The company launched its token on January 10, 2022. The sale will end on June 1, 2023. 1 FLOR is trading for 0.05 USD during the initial coin offering. The total supply of tokens is 720000000.

The team took inspiration for this project from the Kyoto Protocol in 1997. It aims to fight the emission of greenhouse gases. The platform generates a carbon credit for every 1 ton that’s not emitted. After a user reduces their emission by 1 ton, they will receive a certification. Moreover, they will be able to trade their credits (in the form of tokens) on the market. Meanwhile, other users who are above the emission target can purchase them and, consequently, reduce their own carbon emissions.

Customers will be able to register their certificates on the voluntary carbon credits market. As a result, governments, individuals, companies, and NGOs will have an opportunity to generate or trade voluntary carbon credits. Certificates will be valid until users wholly consume them to offset their issuance.

According to FLOR, carbon credits are intangible assets. Thus, they work as digital certificates. Users trade most credits for U.S. dollars.

What does the ADMN token offer?

ADMN is another hot token that has attracted investors’ attention lately. Its creator company, Adamant MetaNetwork, launched the token’s ICO sale on September 1, 2022. The sale will end on October 15, 2022. 1 ADMN is trading for 0.1 USD at this stage, but its value will increase after the initial coin offering ends. The total supply of ADMN coins is 20,000,000.

Adamant is a network that unites various projects, enabling them to govern under the Binance Smart Chain. The latter bridges both cryptocurrency and real-world transactions and activities. Adamant MetaNetwork wants to advance the adoption of cryptos in our everyday life.

Moreover, the company plans to accelerate the connection between the Metaverse and reality. To achieve that goal, it will develop various apps and dApps, along with GameFi, Metaverse, Virtual Land, and Ramps. Besides, the team wants to invest in the Defi fields to make cryptos more accessible to the world.

The company will introduce several projects, including Adamant Stable Coin, Adamant Mine, and Adamant Pay. Its platform will connect users who play, invest, and acquire ADMN, ADMC, and APHP tokens. $ADMN coins will give their holders various benefits. For example, one of its utilities is governance. That means token holders will be able to influence the future development of the platform and make decisions by voting. However, the company stated that vote weight would be proportional to the amount of tokens held by the user.

In addition, ADMN holders will be able to participate in staking and mint new NFTs. The staking pool will give dividends in terms of BNB. That will enable investors to gain money thanks to this platform.

The post FLOR token is in the spotlight. What about the ADMN coin? appeared first on FinanceBrokerage.