We are a Dominican company, which will be tokenizing some environmental assets, in TCC we will plant 1,040,000 mahogany plants will be planted at zero time, of which only 458,400 plants will become adults, after 3 thinning. We have an agricultural component where we will plant 320,000 cocoa plants, whose purpose is to cover all the costs of fertilization and maintenance of mahogany, thus making the project self-sustainable from the 3rd year, which is when it begins to produce cocoa.
Initially, each mahogany tree will cost $ 60 usd, and the 10-year price of each tree will be $ 550 usd.
Of the total amount of adult trees to commercialize we will only tokenize 90%, being 426,000 mahogany trees to tokenize. For a total of 42,600,000 tokens to be issued. Each token will be worth $ 0.6 usd at the time of issue, a tree will be 100 tokens. It will be the same project that will carry out the commercialization process for Caobas, for which we will establish the secondary market.
The project has a social component Fundación Sembrando Sonrisas, here we will be working hand in hand with the community close to our project, developing in them tools that allow them to develop and get out of the extreme poverty in which they live.