Project Catalyst logo

Project Catalyst

BlockTree is proud to have Project Catalyst a companion to greening the planet. You can see estimates for the next 5 years. Or see the full information in the NFT below.

2,500 trees

Donated trees
Equivalent to greening
135 apartments

2,000 m²

Area will be covered
Create economy and jobs for
6 people

6.3 tons

CO² absorbed
Eliminate exhaust gas from
288 cars

6.8 kg

Fine dust absorbed
Provide clean air for
8,500 apartments

BlockTree is proud to have Project Catalyst a companion to greening the planet. You can see estimates for the next 5 years. Or see the full information in the NFT below.

2,500 trees

Donated trees
Equivalent to greening
135 apartments

2,000 m²

Area will be covered
Create economy and jobs for
6 people

6.3 tons

CO² absorbed
Eliminate exhaust gas from
288 cars

6.8 kg

Fine dust absorbed
Provide clean air for
8,500 apartments

Report created by BlockTree

Why does Project Catalyst invest in climate change against solution?

Project Catalyst is a series of experiments which seeks to generate the highest levels of community innovation. Catalyst is bringing on-chain governance to the Cardano blockchain by allowing the community to self-determine priorities for growth.

Today, millions of people are already exposed to the effects of biodiversity loss and climate change. By doing reforestation, Catalyst aims to bring a positive impact on the environment, which will contribute to biodiversity and help provide habitat for endangered species, restore fisheries, and support local economic development.

Project Catalyst is just a fork in the road but we do believe that our partnership with BlockTree in the very first stages of the project will bring disruptive solutions and positive impact at a large scale.

Interested in the project?

Join us in planting trees, to help improve air quality and stop climate change.

Frequently asked questions

BlockTree works with planting organizations/individuals to verify their programs. The initial launching project of the platform happened with a local family in Nui Thanh District, Quang Nam Province with sponsorship from Catalyst.

BlockTree platform was built to be easily used by any planting organization looking to develop, operate, and scale their reforestation projects anywhere. In parallel, the Sponsors can supervise the progress with transparency and receive e-certification as NFT issued by BlockTree.

Approximately 10% of the funding for tree planting goes to protecting the forest for the initial 3-5 years. This is the most vulnerable period in tree life. BlockTree also establishes buffer pools to cover any potential abnormal losses.

But BlockTree does not simply allocate funds. They work closely with the local communities/families in charge to showcase the great value of newly planted forests. Through education and by involving them in the monitoring and reporting process, they quickly develop a deep sense of ownership and pride over the trees, leading to effective management in the long run, keeping forests not just alive, but keeping them thriving.

Carbon accounting is highly challenging and accounting for carbon sinks is still an evolving practice till now.

Our current estimates are based on the estimation calculation from https://www.itreetools.org/. The data is estimated with the same species & climate conditions. The following variables are taken into consideration when we estimate carbon sequestration rate: i) species planted (including maturity age of the tree species), ii) forest type, iii) region and iv) average tree survivability.

When primary data are not available, as a general rule of thumb, BlockTree uses a conservative set of secondary data, proxy data, or assumptions to ensure that we are not overestimating the carbon sequestration rate resulting from our projects. Moreover, we use data collected at the site-level to validate or adjust our estimations and we will continue to improve our estimation method by building partnerships with academics in this space.

Source: Jones, Trevor G., Harifidy Rakoto Ratsimba, Lalao Ravaoarinorotsihoarana, Garth Cripps, and Adia Bey. “Ecological variability and carbon stock estimates of mangrove ecosystems in northwestern Madagascar.” Forests 5, no. 1 (2014): 177-205. Benson, Lisa, et al. Mangrove Carbon Stocks and Ecosystem Cover Dynamics in Southwest Madagascar and the Implications for Local Management, Multidisciplinary Digital Publishing Institute, 31 May 2017, https://www.mdpi.com/1999-4907/8/6/190/pdf.