Another first on the Stellar network for FRED Energy with our zero greenwash bonafide CO2 and Black Carbon saving NFT\u2019s. <\/p>\n\n\n\n
Each NFT is connected to a distributed Sol-bank and identified by the serial number written to the Stellar blockchain via our FACT token<\/a>. The NFT’s have a QR code that can be scanned and leads to the transaction proof of when the Sol-bank was registered to a user and written via FACT token.<\/p>\n\n\n\n Sol-bank is a Small Home Solar (SHS) product by Jua Energy and is supplied as a bundle consisting of a LiFePO4 battery pack, LED lamps and a solar panel and replaces the kerosene lamps used by the household.<\/p>\n\n\n\n Common estimates are that for every litre of kerosene burnt, 2.5kg of CO2 are released into the atmosphere. Estimates for Black Carbon are 2.2g per kg\/L of kerosene.<\/p>\n\n\n\n Each Sol-bank based on the reported average kerosene use for lighting will save the following;<\/p>\n\n\n\n Additionally, there are the health and social benefits not listed above which have a far greater impact on the families benefitting from the project.<\/p>\n\n\n\n You can purchase the NFT’s at litemint<\/a>. Proceeds are shared between our Social Good Fund and general operations account. The general operations account uses funds to purchase new stock and add liquidity to DEX pools.<\/p>\n\n\n\n The Social Good Fund provides much needed help for struggling families and projects<\/a> at home and away. It is also used to purchase and donate Sol-banks to those foremost with children and of little income. <\/p>\n\n\n\n Sol-bank NFT’s bring real world utility within voluntary Black Carbon and CO2 provability. Utilising the Stellar blockchain, we write each Sol-bank distributed to the blockchain using our FACT<\/a> token.<\/p>\n\n\n\n Our voluntary Black Carbon and CO2 NFT’s create social good with holders receiving monthly rewards in SOLS tokens making them even more attractive.<\/p>\n\n\n\n <\/p>\n\n\n\n\n