SINRA White Paper
English
English
  • Summary
    • Catch Your Own Butterfly
    • Project Scheme
    • Regenerative NFTs
  • 1. Introduction
    • 1-1. Introduction
    • 1-2. The three distinctive features of SINRA
  • 2. Carbon credits derived from natural resources
    • 2-1. NBS(Nature Based Solution)
    • 2-2. Carbon credits
    • 2-3. Carbon credits and offsets
    • 2-4. Social Impacts
  • 3. Regenerative NFT
    • 3-1. Project scheme
    • 3-2. A Regenerative NFT with multifaceted value
  • 4. Carbon credits and their relationship to Regenerative NFTs
    • 4-1. State of Regenerative NFTs
    • 4-2. Rights that Regenerative NFT represent
    • 4-3. Flow of consolidation of carbon credits with Regenerative NFT
    • 4-4. Prevent double counting of carbon credits
    • 4-5. Why SINRA promotes the creation of carbon credits
  • 5. Specifications of SINRA's Regenerative NFT
    • 5-1. Purchase Unit
    • 5-2. Status and Art Drawing
    • 5-3. Year in which carbon credits are generated.
    • 5-4. NFT validity and expiration date
    • 5-5 Uncertainty in environmental value creation
    • 5-6. Traceability
    • 5-7. Offset
    • 5-8. Utility
    • 5-9. Secondary distribution
    • 5-10. Sustainability of Regenerative NFTs
  • 6. Architecture
    • 6-1. Architecture
    • 6-2. Information held by the SINRA system
    • 6-3. Information held by the CONTRACT
    • 6-4. metadata specification
    • 6-5. control panel
    • 6-6. Security measures for SINRA systems
  • 7. marketplace
    • 7-1. primary sale
    • 7-2. Price
    • 7-3. commission
    • 7-4. secondary sale
    • 7-5. carbon offset
  • 8. Advantages of owning Regenerative NFTs (individual and corporate)
    • 8-1. Personal Advantages
    • 8-2. Corporate Advantages
  • 9. governance
    • 9-1. Decisions on SINRA product development
    • 9-2. Community of Regenerative NFT Holders
  • 10. NFT Issuing Company
    • 10-1. Company Information
  • Appendix
    • reference document
Powered by GitBook
On this page
  1. 4. Carbon credits and their relationship to Regenerative NFTs

4-2. Rights that Regenerative NFT represent

Users who hold a Certified Carbon Credit NFT represent the right to request the transfer of the carbon credits represented by that NFT in the name of the holding user.

However, users who hold a specified quantity of Certified Carbon Credit NFTs (excluding individual users and non-residents of Japan in cases where the carbon credits are J-Credits, and limited only to corporations that have an account within the J-Credit registry system) can, through notifying the company with their registration details or by other company-prescribed methods, request the transfer of the carbon credits (like J-Credits) represented by the respective NFT on the official registry. This provision only applies to the Certified Carbon Credit NFTs. For Uncertified Carbon Credit NFTs, this action is permissible only after the carbon credits represented by the said NFT have been authenticated by the certification authority.

However, users may not, under any circumstances, use the NFTs they hold, whether within or outside of this service, as a means of payment.

Previous4-1. State of Regenerative NFTsNext4-3. Flow of consolidation of carbon credits with Regenerative NFT

Last updated 1 year ago