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CryptoCorals

a platform to finance coral reefs restoration, which intend to tokenize corals (not using blockchain anylonger)

This project is marked as inactive in our database. Information may be outdated.

CryptoCorals is positive impact game on the blockchain, to scale-up the funding for coral reefs restoration.

THE ISSUE
It’s a fact, corals are going extinct : half of the worldwide coral reefs has disappeared in the last 30 years. Yet, they host 25% of marine biodiversity and more than 850 millions of humans depend on them. We can contribute to coral reefs restoration by planting new corals but this solution suffers from a lack of visibility and investment.

OUR SOLUTION
One of the greatest technology of our time is blockchain. It offers great capabilities in terms of traceability, digital ownership and new economic models. Our goal is to leverage blockchain technology to create a green economy to support environmental causes.

IN DETAILS
On our platform you will discover virtual corals, called « cryptocorals » that you can own. This mean you become the owner of a « crypto- asset » created on the blockchain.
Each cryptocoral finance the plantation of a real coral, by one of our partner NGOs. Cryptocorals are unique and each one of them has an economic value. They can evolve on the platform, multiply themselves and be sold on the marketplace.

OUR VISION
We believe in finding and implementing creative ways to save the planet. New social and business models have to emerged in order to create a positive economy. With CryptoCorals we want to demonstrate that technology can be leveraged for causes that matter in totally unexpected ways.

TEAM
We are a team of engineers, designers, business people, who want to contribute to our planet preservation. The team is hosted in the « French Bureau startup studio » in Paris. We already have two partners ready to plant corals : the CRIOBE in Moorea and Coral Guardian.

Sustainable Development Goals

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