The Green Investment Corporation
Paulownia Timber NFT's
What is an NFT
A NFT (non-fungible token) is a record on a blockchain which is associated with a particular digital or physical asset. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFT's to be sold and traded. NFT'S cannot be copied, substituted, or subdivided. NFT's typically contain references to digital files such as photos, videos, and audio but can be used to create a digital footprint for land, trees timber and Carbon Offsets. Because NFT's are uniquely identifiable assets, they differ from cryptocurrencies, which are not.
Paulownia TIMBER NFT ' s
Paulownia timber is light and extremely strong, it stains and paints well. A major feature of Paulownia timber is its ease of working. Paulownia timber appears similar to oak and at a fraction of the cost in certain applications it is preferred to oak. Low weight, elasticity and strength, makes Paulownia timber the preferred choice for the manufacturing in various industries such as shipbuilding, aviation, furniture, kitchen cabinets, surfboards, motorhomes, caravans etc... Paulownia Timber values continues to increase due to limited Sustainable European Paulownia availability and demand for Paulownia continues to rise as more an more Paulownia products are introduced into the market.
Al Paulownia timber stored certified by Paulownia Timber NFT's is supplied from full chain of custody sustainable forests where Paulownia trees are planted to produce timber to capturing large volumes of CO2. Each Paulownia Timber NFT identifies digitally tagged M3 of rough sawn Paulownia timber stored including its location. The purchase cost of the Paulownia Timber NFT's is determined by the value of M3 Paulownia rough sawn timber at the time of issue. The ownership of the rough sawn Paulownia timber digitally certified by Paulownia TIMBER NFT(s) can be subsequently traded on decentralized exchanges that trade cryptocurrencies and NFT's.