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Changing the Rules, for Good.
Credyts is the “Universal Account of Value” a convenient place for recording, storing, exchanging and spending “Value”. Your Credyts Account operates alongside traditional currencies but enables many new “units” of value to be brought together into one interoperable system.
Local and Global Economies can incorporate or enable new forms of value – from getting “volunteer Credyts” for cleaning up a beach or planting a Tree to getting “CO2 Credyts”- the underlying premise is to create an easy way to record the many things we value.
Billions of people across the globe are “unbanked” and excluded from holding a traditional “Account of Value” – usually a bank account. Mostly because they don’t have enough “Money” or qualify to hold an account but that doesn’t mean that they don’t create or consume “Value”. The Credyts Account of Value enables everyone to record, store, & exchange even incredibly small amounts of value in a safe, secure and transparent way using the exceptional reliability and efficiency of blockchain technology.
Credyts is creating an account of value that is supportive of the UN’s 17 SDGs (Sustainable Development Goals) and the goal of creating “Scale Agnostic” micro-value-investing in opportunities, such as renewable power plants and digital infrastructure, that are now held by large private corporations or the top 1% of wealthiest individuals on the planet.
Credyts fall into three broad categories: Commodities, Royalties and Work.
Local and Global Economies can incorporate or enable new forms of value – from getting “volunteer Credyts” for cleaning up a beach or planting a Tree to getting “CO2 Credyts”- the underlying premise is to create an easy way to record the many things we value.
Billions of people across the globe are “unbanked” and excluded from holding a traditional “Account of Value” – usually a bank account. Mostly because they don’t have enough “Money” or qualify to hold an account but that doesn’t mean that they don’t create or consume “Value”. The Credyts Account of Value enables everyone to record, store, & exchange even incredibly small amounts of value in a safe, secure and transparent way using the exceptional reliability and efficiency of blockchain technology.
Credyts is creating an account of value that is supportive of the UN’s 17 SDGs (Sustainable Development Goals) and the goal of creating “Scale Agnostic” micro-value-investing in opportunities, such as renewable power plants and digital infrastructure, that are now held by large private corporations or the top 1% of wealthiest individuals on the planet.
Credyts fall into three broad categories: Commodities, Royalties and Work.
Here are some samples:
Watt Credyts – one Watt Credyt is a unit of energy production capacity in a Renewable Energy Plant (Solar) that creates ONE WATT of energy.
The Watt Credyt purchaser can then receive a monthly royalty payment, usually for 10 – 20 years, from the plant selling its power to consumers.
In this way the Watt Credyt token holder owns a tiny piece of the plant – but gets a return that is the SAME as if they were an owner of the power plant. Increasingly, larger and larger multi-national corporations are owning more and more of the globe’s energy infrastructure and relegating everyone else to solely being consumers – if they can afford it. Watt Credyts is repatriating the ability to participate (invest) in the means of production and derive a benefit, other than simply being an energy consumer.
Watt Credyts Value Chart: 1 Watt Credyt = ($2 USD), Monthly Royalty per Watt Credyt = (8 Micro-Credyts) – Royalties are pooled and blended across all facilities, but target is a 5% per annum royalty stream for a 10-year or 20-year period. Price of Watt Credyt and Royalty Streams will vary over time.
The Watt Credyt purchaser can then receive a monthly royalty payment, usually for 10 – 20 years, from the plant selling its power to consumers.
In this way the Watt Credyt token holder owns a tiny piece of the plant – but gets a return that is the SAME as if they were an owner of the power plant. Increasingly, larger and larger multi-national corporations are owning more and more of the globe’s energy infrastructure and relegating everyone else to solely being consumers – if they can afford it. Watt Credyts is repatriating the ability to participate (invest) in the means of production and derive a benefit, other than simply being an energy consumer.
Watt Credyts Value Chart: 1 Watt Credyt = ($2 USD), Monthly Royalty per Watt Credyt = (8 Micro-Credyts) – Royalties are pooled and blended across all facilities, but target is a 5% per annum royalty stream for a 10-year or 20-year period. Price of Watt Credyt and Royalty Streams will vary over time.
Tree Credyts – One Tree Credyt is the digital representation of ONE SEED that will be planted by one of our 100s of reforestation partners around the globe that employ local villagers to Plant (Seeds, Seedlings, Saplings) or Protect (Mature Trees).
Holders of a Tree Credyts digital certificate (token) own the derivative rights of the seed as it, over time, grows into a large tree which captures CO2, provides shade, habitat or food. These derivative rights would include, for example, “Carbon Capture” value and this will increase over time as the tree grows.
Tree Credyts can be collected, traded, exchanged or sold at any time, so they represent a potential growth in value over time that traditional model of “donating” to charities would not. This difference fundamentally changes the motivation for large scale participating in the planting of Trees around the globe – and creates the potential for value appreciation even at micro-investments levels.
Tree Credyts Value Chart: Seeds = (1Credyt), Seedlings = (10 Credyts) or Saplings = (20 Credyts), Mature Trees*[1] (100 Credyts)
[1] *We use the “standard tree” model established by the EPA and used in their Carbon Capture Calculator (see here & scroll down to Tree Calculations) which is equivalent to an average 10-year old deciduous tree in USA.
Holders of a Tree Credyts digital certificate (token) own the derivative rights of the seed as it, over time, grows into a large tree which captures CO2, provides shade, habitat or food. These derivative rights would include, for example, “Carbon Capture” value and this will increase over time as the tree grows.
Tree Credyts can be collected, traded, exchanged or sold at any time, so they represent a potential growth in value over time that traditional model of “donating” to charities would not. This difference fundamentally changes the motivation for large scale participating in the planting of Trees around the globe – and creates the potential for value appreciation even at micro-investments levels.
Tree Credyts Value Chart: Seeds = (1Credyt), Seedlings = (10 Credyts) or Saplings = (20 Credyts), Mature Trees*[1] (100 Credyts)
[1] *We use the “standard tree” model established by the EPA and used in their Carbon Capture Calculator (see here & scroll down to Tree Calculations) which is equivalent to an average 10-year old deciduous tree in USA.