Save Planet Earth (OLD) Price (SPE)

Save Planet Earth is a blockchain-based cryptocurrency that is designed to focus on the carbon removal project. The platform aims to combat climate change and global warming by developing various programs. As per its whitepaper, the asset aims to create realistic carbon sequestration targets, adapting various practices such as reforestation, renewable energy, afforestation, recycling, etc. The network aims to achieve these targets by using corporate and enhanced public interest along with creative financing mechanisms. Save Planet Earth aims to create a carbon credit market for individuals and companies to balance the carbon footprint for redeeming blockchain while making everything verifiable and transparent.

The vision of Save Planet Earth is to offer affordable, simple, and effective mechanisms for improving carbon separation and establishing effective emission control systems. With this, the platform aims to help fight against global warming and keep climate change at manageable levels. The network also seeks to be self-sufficient and wants to fund its environmental programs and reward its traders using the profit. This profit can be generated from various practices, including revenues from initiatives, selling certified carbon credits, merchandise sales, tree products, and corporate use of its tree tracking application. Blockchain technology brings the world together and helps create an efficient and unified global economy. Unfortunately, plenty of blockchain technology still depends on carbon-emitting energy sources. Hence, one of the network's goals is to neutralize carbon emission from blockchain technology completely.

SPE is the utility token of Save Planet Earth and is developed for carbon credit exchange. This digital token is based on ERC-20 and BEP-20 standards, continuously contributing to ongoing environmental initiatives. BEP-20 is a token hat on Binance Smart Chain (BSC) that extends the ERC-20 network standards. Both organizations and individuals alike aim to be able to use SPE tokens to purchase certified carbon credits from this platform. Further, SPE coin also seeks to develop its very own green launchpad for other environmental crypto assets.

Save Planet Earth was released in 2021 and completed the initial fair launch to BSC mainnet on April 9, 2021. Imran Ali is the founder of this platform. He is a qualified Prince2 practitioner who has more than ten years of experience in a senior management role.

After the successful audit, the platform released the upgraded SPE contract on November 1, 2021. The platform started with a maximum of 1 billion of the token supply but burned 407 million tokens to match its previous contract total supply. Burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burned to reduce availability and increase market value. Additionally, every transaction aims to result in SPE being burned as well as its carbon credit use case. The currency has a total supply of 589,780,172 SPE coins, including the locked tokens.

Users can earn SPE tokens from carbon credit sales and fees and trade them on this platform, allowing traders to purchase these tokens using traditional bank cards or other crypto asset exchanges. The network seeks to use these funds to finance environmental projects that seek to remove more carbon, leading the network to produce more carbon credits to trade, making it self-sustaining. 

By holding SPE tokens in their wallets, users can earn dividends that seek to be paid in SPEs equal to the amount of SPE held in the wallet. To stake SPE tokens, users need to send tokens to a staking platform and lock them. The team of Save Plant Earth has created an innovative approach and seeks to create a smart contract that can scan and track transactions of wallets and then set whether they qualify for staking rewards.

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