What is Poseidon Project?
What is Poseidon Project?
Poseidon is a not-for-profit foundation that empowers people to save the planet with every purchase through its breakthrough platform. The platform provides a vital new tool for retailers to shift behaviours and integrate real climate action into every retail transaction at the point-of-sale. Using blockchain technology, Poseidon empowers all of us to address the carbon impact of our lifestyle choices to track and share the positive impact of our transactions on individual projects with our peers.
Poseidon Coin is a cryptocurrency that can be purchased or sold online through an open market. The coin has been in trading since 2017. The token symbol for the coin is PSD. And they include a wide variety of different applications usable through the cryptocurrency platform. Some of the training available on the application refers to training associated with cryptocurrency in general.
Poseidon has developed a platform that allows you to turn the negative environmental impact of every purchase you make into positive climate action. This is possible through a revolutionary integration that connects you directly to forest conservation projects, allowing you to make micro-donations with a measurable impact. One of the challenges with such philanthropic giving is transparency. How can Poseidon ensure that your donations really reach the causes you would like to support? We are solving this with the use of blockchain, a technology that creates transparency and traceability by storing transaction information publicly. Another challenge is how to accurately account for the climate impact of your lifestyle choices? Using blockchain technology, we are able to solve this challenge as well. By processing micro-donations in almost real-time, we attach climate action directly to your product and service purchases, giving you the confidence that you want. Our initial focus is on retail integrations, because we believe this can lead to the biggest change in the way carbon credits are used. With a simple and accessible method of purchasing carbon credits in place, each and every one of us will be able to support crucial land-based emission reduction projects that protect forests and national parks in some of the world’s most endangered areas, supporting local economies that will have a lasting positive impact on our planet
Our platform is unique in many ways. With it, we can transact grams of carbon credits, for the first time, allowing us to integrate the carbon market with the retail sector. Our platform is truly end-to-end, connecting people protecting forests with consumers around the world at the point of sale. This has never been done before.
Once our solution is fully operational, retailers will be able to offer carbon credits with every product and service to mitigate and rebalance their negative climate impact or even turn them into a “climate positive” offering. Customers will be able to make a purchase at a physical shop or online store and immediately contribute to the fight against climate change.
Using our blockchain-based and artificial intelligence-powered platform, forest-based carbon credits will be managed throughout their entire lifecycle. It will offer transparency, traceability, and monitoring at every step. While it will of course sit alongside the structural improvements that businesses are making to lower their emissions, it offers the critical acceleration in activity and funding for emission reduction projects, driving the changes necessary for sustainable global development.
What is the ICO on Poseidon (OCN Token)?
The cryptocurrency price has changed considerably in the last 90 days. There has also been a price change of zero percent in the last 90 days. The coin capitalization continues to change, as does the market capitalization. And apparently the price is changing continually, as is the market’s view of the platform.
There are some stats available online, especially when it comes to the different social media channels. Facebook, Reddit, and Twitter all have activity happening, based around the cryptocurrency. But when looking at the reality of it, there really isn’t much talk about the coin. They have a couple thousand followers on Twitter, only a little over 30 likes on Facebook and not much going on with Reddit either.
The coin is very under the radar without much going in terms of buying, selling, trading or engagement in general.
As far as the company is concerned, they have the goal of stopping climate change. With time running out, they encourage people to work hard for the company. There is a fundraiser about to occur in a little over 20 days. You can sign up on the company website and get more information on the new fundraiser.
The website also has information on the way the climate of the world is changing, as well as a whitepaper you can download if you need to.
How Does Poseidon Coin Work?
The platform tokens can be mined, with a total of 21,000,000 tokens being available to date for mining. Social media platforms the token has communities on include Reddit, Facebook and Twitter. The coin is relatively popular among followers.
From a technical aspect, Poseidon uses a cryptocurrency algorithm that is similar to other cryptocurrencies. The script used on the platform operates on a proof of work system. It combines different algorithms to create a common form algorithm, developed for staking. It’s a common algorithm used for a lot of the cryptocurrencies on the market.
Token Sales Detail:
Price: 1 OCN = 0.2400 EUR
Accepting: BTC, ETH, XLM
Minimum: investment 100 BTC
Soft cap: 10,000,000,000 EUR
Hard cap: 2,700,000,000 EUR
Restricted areas: USA, Canada
For more information:
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1885373