Rank #N/A
bcau BetaCarbon
$ 0.02249
0.00%
0.063551 BTC
35 satoshies0.00%
Market Cap
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24 Hour Trading Vol
2.2493 $
Circulating Supply
-
Total Supply
104,68 MLN.
Max Supply
-
Fully Diluted Valuation
2,35 MLN. $
Low
Range
High
1h
24h
7d
1m
1y
max
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About Coin
BCAU token represents 1kg of Australian Carbon Credit Units (ACCUs). ACCUs are carbon credits issued by the Clean Energy Regulator of the Australian Government. The BCAU token is the only token backed by ACCUs and is focused on maintaining high integrity carbon. It was created to allow the public to purchase ACCUs as an investment opportunity, opening up access beyond wholesale clients.
BetaCarbon was founded by Guy Dickinson in November 2021, who previously served as the Head of Global Markets and Treasurer of HSBC Australia. Seeing an opportunity in carbon trading, Guy left HSBC and established BetaCarbon.
Owning the BCAU token provides a twofold benefit. Firstly, it offers an investment opportunity in a previously restricted asset class. Secondly, it contributes to real-world change by reducing the supply of ACCUs available to major CO2e emitters in Australia. This forces emitters to either change their practices to comply with emissions caps or purchase credits at a higher price due to lower ACCU availability.
For typical consumers, the BCAU token serves solely as an investment. The tokens are minted as more ACCUs are held by BetaCarbon's custodian, increasing the notional amount of ACCUs held for the BCAU token. It's important to note that despite fluctuations in the total supply of BCAU tokens, they remain 100% notionally backed at all times. Changes in supply do not impact individual holdings. The tokens can be bought, traded, or accumulated to balance emissions.
By purchasing BetaCarbon tokens, the demand for carbon credits increases, incentivizing new carbon projects and making emissions more expensive. BetaCarbon offers the opportunity to buy, hold, and trade digitized representations of high-quality carbon credits, contributing to the transition to a low-carbon economy.
Australia's approach to carbon markets differs from others. Emissions-intensive activities do not require permission. Instead, certain companies have obligations to offset emissions a
What is the highest value BetaCarbon (BCAU) has ever reached?
BetaCarbon (BCAU) reached its peak price at 0.05994 $ on 25 July 2023, approximately a year ago ago. Presently, the current price is -62.47% lower than this all-time high.
What is the historical minimum price for BetaCarbon (BCAU)?
The minimum price reached for BetaCarbon (BCAU) was 0.01495 $, documented on 02 October 2023, more than 10 months ago. In comparison, the current price is 50.37%, it above this historical low.
What is the fully diluted valuation of BetaCarbon (BCAU)?
The fully diluted valuation (FDV) of BetaCarbon (BCAU) stands at $ 2,35 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of BCAU tokens. The realization of this FDV might take several years depending on the emission schedule of BCAU tokens.
How to add BetaCarbon (BCAU) to MetaMask?
By integrating BetaCarbon (BCAU) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import BCAU as a token. You can either manually import BCAU by copying its contract address (0xa64efd5fe826f62e310a951332b519e1e3871489) or use MetaMask's Chrome extension to add BCAU with a single click through Pirate.Place.
How to add BetaCarbon (BCAU) to TrustWallet?
Incorporating BetaCarbon (BCAU) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include BCAU, you can either manually import it using the contract address (0xa64efd5fe826f62e310a951332b519e1e3871489) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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