Land Betterment is innovating in protecting the environment with the digital LBX token!

Prepare Land Betterment Corporation An environmental solutions company that enhances the positive impact, through the recycling of former coal mining sites and industrial sites, in order to create sustainable community development, job creation, and innovation in environmental protection, through a symbol Betterment digital land exchange (LBX).

as that LBX is a symbol ERC-20 Deleted from framework Ethereum It is the first cryptocurrency that directs investment funds to land reclamation, and harnesses these investment dollars to provide positive economic incentives.

Where the system was the only solution, before the digital code LBX, is a passive model that fines or penalizes companies, for trying to force them to clean up the environment.

One shortcoming of this model is that many of the sanctioned companies are frustrated or even bankrupt, because the energy mix is ​​moving away from fossil fuels, so the companies have made minimal environmental remediation.

With a large number of bankruptcies, a huge financing gap has emerged to repair the scarred land left by the exploration for fossil fuels.

There are also more than 15 $1 billion in estimated and outstanding fossil fuel-related environmental liabilities, so it is clear that the current model has not worked, and can no longer be relied upon to fix this growing problem.

and comment Mark Jensen Mark Jensen, CEO of Land Betterment Corporation saying:

“focus icons LBX The digital economy aims to achieve environmental progress, and to develop auditable, verifiable and agreed-upon procedures to facilitate the monitoring and accountability of land reclamation work that is completed in addressing the environment affected by the impacts of the fossil fuel industry.”

With that, comes the digital code program LBX To be the first ever program to catalyze the environmental clean-up of lands affected by the fossil fuel industry, through an innovative program that does not rely on fiat currency, and while accelerating a smoother transition process, away from fossil fuels, and in contrast to the current system based on fines and penalties, which clearly has not succeed.

How it works?

Uses LBX A positively based incentive reward system for ecological reclamation of affected lands, rather than a negative incentive model.

With the completion of the environmental work, tokens are obtained LBX digital and issued to the party doing the work.

These tokens have been applied for and approved at a rate of one token per 250 dollars American of the completed environmental clean-up.

Tokens are expected to be traded LBX Digital will soon be on stable crypto exchanges, which will set the market price for each digital token of value and monetization.

In addition to incentivizing companies to remediate affected lands, a digital and transparent code will also encourage third-party sponsors to participate and help fund additional cleanup of environmental obligations.

Apart from the normal demand dynamics in the cryptocurrency market, cryptocurrency investors can take advantage of many unique features, offered by the tokens. LBX digital, including:

-Determine the total version of codes LBX b 80 million Code for total dilution control.

-symbols LBX It will create a transparent and safe market, while giving value to the environment.

The growing interest, awareness and acceptance of cryptocurrencies in environmental circles.

Create a paid cryptocurrency primarily to go with the environment.

Information about Betterment

Company consists Land Betterment Corporation from Indiana Benefit Corporation, And Pending B-Corp, which are environmental solutions focused on enhancing the positive impact, through the recycling of former coal mine sites, to create sustainable community development, and create job opportunities.

The company uses an integrated, solutions-based life cycle program to restore and rehabilitate the environment, and revitalize communities in need of change and opportunity.

verification Land Betterment That is, by locating unclaimed, dilapidated and neglected coal mines, repairing the environment through reclamation and remediation, and then reallocating the land to support sustainable businesses that serve the community.

Finally, the company thinks Land Betterment We firmly believe that through real solutions, affected areas can be restored, living side by side with long-term job opportunities, and building a sustainable and safe environment for our communities and our planet.