🌐Web3Eco Ecosystem
1. Investment smart contracts backed by real assets (under development)
The main investment component of the project is planned to be implemented through the offer to join investment smart contracts. Under these smart contracts, investors will be granted the right to receive profits from the sale of trees on the plantations of Web3Eco partners.
Investment contracts are in their essence securities and are subject to restrictions on their offer and circulation, which are provided for by securities legislation. In order to comply with the legal purity of the offer of investment smart contracts, it is planned to be implemented in Switzerland. The Swiss legislation consolidates provisions that allow for the implementation of an investment offer in a certain volume using blockchain technology.
The ability to join the smart contract will be available only to members of the closed Web3Eco club who have successfully passed KYC verification. The entry threshold for joining the investment contract will start from $1.
The implementation of the offer in this way should ensure compliance with the requirements of securities market regulation, while preserving the technical advantages of the Polygon blockchain network: decentralization, speed and security.
Investors of Web3Eco who have joined the investment smart contract will receive the following rights (under development):
Receiving profits from the sale of timber;
Receiving regular remuneration from the sale of related paulownia products;
Selling and transferring the right under the investment smart contract to other users.
From a technical point of view, joining the investment smart contract is planned to be solved through the implementation of the staking option. For the latter, additional tokens are introduced into the project - NFT plots.
At the same time, in order to directly join the investment contract, all members of the closed club must pay an entry investment amount, starting from $1.
2. NFT Plot of Trees
This type of token is introduced into the project to ensure the implementation of the functional possibility of concluding an investment smart contract within the closed circle of investors.
It is assumed that the NFT plot will be sent by holders to staking, allowing to technically fix in the system the fact of joining the investment contract and the address of the wallet to which part of the profit from the plot will be paid.
In addition to the above main goal, the introduction of NFT plots also solves the following project tasks:
Attracting initial funds to the project;
Testing of investment flows within the project, including solving the problem of fiat payments from the moment of planting to the sale of trees at the level of partner plantations;
Increasing the trust of potential investors and partner plantations.
The connection of each new partner plantation will be implemented through the release of a separate collection of NFT plots (see Tokenomics section).
How to buy an NFT plot
Go to OpenSea and connect a crypto wallet on the Polygon network;
Purchase an NFT plot that gives you access to the platform and the Web3Eco closed club;
Go to the Web3Eco platform;
Connect your crypto wallet to confirm ownership of the NFT;
Go to the investor portal to complete the registration, verification, and KYC process;
When KYC is successfully passed, the platform checks for the presence of the NFT and offers to conclude an investment smart contract, which will enshrine the right to receive profits.
Advantages of this model:
Each user remains legally justified by the attachment to the acquired NFT plot;
Greater flexibility in regulating the rights and obligations of the parties, because this model allows to fix contractual relations between investors and Web3Eco and avoid misunderstandings;
Ensuring investors with the possibility of return of investments and the right to receive profits from the activities of partner plantations.
The user enters the platform, interactively selects and buys an NFT-plot for stablecoins (USDT, USDC). Trees are planted on a real plot, and if the investor joins the investment smart contract, the investor gets the opportunity to track income in the personal account.
Next, a dashboard with statistics (indicators) of trees is attached to NFT plots. So that our investors could interactively see how the process of growth and development of the tree is moving, what weather conditions, etc. We are also working on the possibility of installing cameras on the plantation so that at any time you can follow your asset.
When creating and subsequently expanding its plantation in Uzbekistan and other countries (Turkey, Greece, Italy), Web3Eco will pay special attention to minimizing the impact on the land and the local population.
At each stage of the planting, care and cultivation, close attention will be paid to ESG issues. This includes:
Providing employment and decent wages for local labor;
Protecting 380+ unique species of birds, mammals, amphibians and reptiles;
Cooperation with local authorities, such as the State Forestry Committee of the Republic of Uzbekistan, the UN Representation in Uzbekistan, and the Ministry of Natural Resources of the Republic of Uzbekistan, to make a significant contribution to the development of the country's ecology.
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