Save Planet Earth is a blockchain-based cryptocurrency that is designed to focus on the carbon removal project. The platform aims to combat climate change and global warming by developing various programs. As per its whitepaper, the asset aims to create realistic carbon sequestration targets, adapting various practices such as reforestation, renewable energy, afforestation, recycling, etc. The network aims to achieve these targets by using corporate and enhanced public interest along with creative financing mechanisms. Save Planet Earth aims to create a carbon credit market for individuals and companies to balance the carbon footprint for redeeming blockchain while making everything verifiable and transparent.
The vision of Save Planet Earth is to offer affordable, simple, and effective mechanisms for improving carbon separation and establishing effective emission control systems. With this, the platform aims to help fight against global warming and keep climate change at manageable levels. The network also seeks to be self-sufficient and wants to fund its environmental programs and reward its traders using the profit. This profit can be generated from various practices, including revenues from initiatives, selling certified carbon credits, merchandise sales, tree products, and corporate use of its tree tracking application. Blockchain technology brings the world together and helps create an efficient and unified global economy. Unfortunately, plenty of blockchain technology still depends on carbon-emitting energy sources. Hence, one of the network's goals is to neutralize carbon emission from blockchain technology completely.
SPE is the utility token of Save Planet Earth and is developed for carbon credit exchange. This digital token is based on ERC-20 and BEP-20 standards, continuously contributing to ongoing environmental initiatives. BEP-20 is a token hat on Binance Smart Chain (BSC) that extends the ERC-20 network standards. Both organizations and individuals alike aim to be able to use SPE tokens to purchase certified carbon credits from this platform. Further, SPE coin also seeks to develop its very own green launchpad for other environmental crypto assets.