FAQ ABOUT CARBON AND MOSS.EARTH
CARBON CREDITS THEMSELVES
Q: Are carbon credits unexpirable assets?
A: The credits with which we deal, which are voluntary carbon credits, do not expire.
Q: If I buy, for instance, 1 carbon credit, what is it equivalent to? A preservation area in the Amazon Rainforest? On what conditions and for how long? What validates a carbon credit longevity? What happens if the protected woodlands from which my credits are burned in a forest fire, for instance?
A: A carbon credit is an intangible asset, such as a brand or mileage, it doesn’t correlate to an actual asset (trees or a preservation area), it is in fact, a certificate that ascertains that a preservation ACTION was performed and audited. Kind of like a digital seal that proves you went to Medical or Law School – it’s a concept, not a material asset.
The areas are preserved annually, each seal corresponds to a specific year, and projects are 30 years long. The continuity of the credit is guaranteed by auditing (a passed action may not be changed in the future, which doesn’t even happen in Brazil – and for a global “Certified carbon credit fund”, which works like insurance, by demanding a 30% security deposit of the annual global revenues to secure existing credits.
If the woodlands burn, the project owner stops certifying credits from then on, thus ensuring alignment. And the existing credits are replaced and guaranteed by the Buffer Fund.
Q: Help me check whether my logic is correct: If a company wishes to neutralize its CO2 emissions, when we spend that amount, it only guarantees a “clean company certificate” for a year, then in the following year I would have to purchase new credits to keep my company “clean”. But the credits that I have already purchased remain as Company Assets, right? And, if in 2022 we sell the credits purchased in order to neutralize 2020 and 2021. What happens then? My company took place in a lie, since we neutralized our emissions and then sold this neutralization to someone else?
A: No, the company has to log and suffer the financial losses of the credits to compensate. BUYING THEM IS NOT ENOUGH – Think of a bottle of wine, if you buy it, you may hold it perpetually in your cellar. Compensate = drinking the wine and emptying the bottle, it ceases to exist, such as the credit.
Q: I’ve browed around your platform, and had a few doubts. Can I buy carbon credits off your service platform and bring that purchase onto it?
A: Yes, in exchanges, such as FlowBTC and the Bitcoin Market, and soon in several global exchanges.
Q: Can I sell my credits obtained on the MOSS platform to a client who isn’t on your platform?
A: Soon, since we don’t have this feature yet.
Q: Suppose I know someone who has a preservation area and would like to bring it onto the platform, is that possible? How would we do that?
A: Yes, MOSS would buy the credits corresponding to the area, which must be certified. MOSS does not certify, we only certified credits.
Q: I haven’t made any purchases on the platform yet, but I’ve gone through most of the steps to get a better look at how it works, a few doubts came up: Why can’t I buy less than 10 credits?
A: Because the compensation and registration costs, of a single credit or even less than 10 is prohibitively expensive at the global registry.
Q: Supposing I have just made a credit purchase, valued at 95 Reais, how can I resell it?
A: In case you’re interested in selling your assets, this operation can be done in an independent form, by the actual users in exchanges, such as FlowBTC and Bitcoin Market.
Q: What regulates the credit value within the platform?
A: The value is determined independently by those who trade within the market and is not determined by or suffer direct or indirect interference by MOSS.
Q: What is the smallest fraction of a credit we can work with?
A: Since carbon credits are tokenized, we can go up to 6 digits past the decimal point, therefore, 0.000001 of a credit.
Q: We can see that there are specific amounts attributed to the credits for each social and environmental project. When the user wishes to compensate for its footprint by choosing the project he would like to help, he will have access to the credit value on that day, right?
A: No, the credits on the Voluntary Market are 100% fungible.
Q: Both individuals and companies that participate in a given project, will be issued an official “receipt” for the credit purchase/sale. These certificates will have MOSS data on them, right? A Credit Card purchase would be international?
A: Yes and yes.
Q: Do MOSS processes make use of Blockchain technology?
A: Yes, all MOSS processes make use of Blockchain Technology.
Q: As for the fiscal issues, how do the receipts and financial purchase and sale transactions of the credits work, for the users and ours? As for taxes, how do they work?
A: There is no taxation. Taxation is only for capital gains of over 15% on the earnings from purchases and sales within a given month over R$35 thousand.
Q: MOSS has its headquarters in Uruguay, will our contract/deal be international?
A: No, the Brazilian contracts are not, since we have integrated subsidiaries in Brazil, Moss Environmental Services LLC, and Terra Vista LLC.
Q: Are there amount limits for credit purchases?
A: There is no limit.
Q: We’ve seen that other companies in Europe who also deal with MOSS, whos CO2 credit values help social and environmental actions in Brazil are well below the values that MOSS shows its entities. What is the reason for this gap?
A: The pricing on the MOSS platform is at a retail rate, the pricing you see in Europe is wholesale. Depending on the volume, the price may go down significantly. We beat our competition on pricing, just tell us the volume and type of credit and pricing from the competition, that we’ll beat it. We are the biggest and most efficient in the world.
Q: In case of accelerated growth of our “sales/business”, is there a “risk of a MOSS CO2 credit lack” to attend the project?
A: No, we are the biggest worldwide, we have a supply contract worth 20 million tons, market value of 360 million USD or 1.9 billion BRL.
Q: The Brazilian government is regulating the CO2 business with a new project. Is there any threat to the voluntary credit commercial model?
A: No, the risk in the voluntary market is zero. Not to say zero, but if the brazilian government expropriates lands, like the DPRK, it could pose a problem for FUTURE credits. The previous credits are digitally registered in a company in California and suffer no such risk.