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# 🌍 Caelum X: A Decentralized Carbon Credit Marketplace

Program ID: 4hBkDfsK2fouULJJrKPVJwSzeBaKkG4R99A8kZrW3v9E


About Caelum X

Caelum X is a pioneering decentralized application (dApp) designed to revolutionize carbon credit trading using the power of blockchain technology. By leveraging Solana's high throughput and low transaction costs, Caelum X makes carbon credit trading efficient, transparent, and accessible to individuals, companies, and organizations.

Our mission is to foster global climate action by making it easy to tokenize, trade, and retire carbon credits, ensuring a greener future for everyone.


Key Features

1. Tokenized Carbon Credits

  • Carbon credits are represented as NFTs or SFTs (Semi-Fungible Tokens) on the Solana blockchain.
  • Each token holds metadata such as project type, vintage year, and verifier information, ensuring transparency and traceability.

2. Fractional Ownership

  • Allows users to own fractions of large carbon credits, enabling micro-participation in climate action.

3. Decentralized Marketplace

  • Trade carbon credits in a peer-to-peer marketplace with zero intermediaries.
  • Supports listing, buying, and retiring carbon credits with instant settlements.

4. Verification

  • Employs third-party verifiers to ensure the integrity of carbon credits.
  • Uses on-chain oracles and off-chain audits to validate data.

5. Sustainability Through Technology

  • Built on Solana, known for its energy efficiency and sustainability compared to other blockchains.

Getting Started

Step 1: Connect Your Wallet

Connect your Solana wallet (e.g., Phantom, Solflare) to interact with Caelum X.

Step 2: Explore the Marketplace

  • Browse available carbon credits.
  • View detailed metadata such as the project’s region, type, and verifier.

Step 3: Trade

  • Buy: Purchase carbon credits to offset your carbon footprint.
  • Sell: List your credits for sale in the decentralized marketplace.
  • Retire: Permanently retire your carbon credits to claim their environmental impact.

Program Architecture

Smart Contracts

  • Program ID: 4hBkDfsK2fouULJJrKPVJwSzeBaKkG4R99A8kZrW3v9E
  • Manages token minting, trading, and retiring functionality.

Key Accounts

  • Metadata Account: Stores the metadata for carbon credits.
  • Trade Account: Manages the lifecycle of listed NFTs.
  • Pool Account: Aggregates credits for collective retirement.

Roadmap

  1. MVP: Tokenized credits and marketplace (Completed ✅).
  2. Partnerships: Onboard verified carbon offset projects.
  3. Interoperability: Cross-chain support for expanded accessibility.
  4. Carbon Analytics: Offer insights into carbon impact and trading trends.

Why Caelum X?

  • Decentralized: No middlemen or central authority.
  • Transparent: Immutable records on the blockchain.
  • Accessible: Supports both large organizations and individual climate enthusiasts.

Join us in making a measurable difference for our planet, one transaction at a time.


Development

Prerequisites

Local Development

  1. Clone the repository:
    git clone https://github.com/<your-username>/caelum-x.git
    cd caelum-x
    

License

This project is licensed under the MIT License.

Contributing

Feel free to fork the repo, create a pull request, and improve the project!

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Making Carbon Credits more accessible by Solana

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