The Green Trees project has been launched on the 11th of November 2022, with a limited token pre-sale on the Stellar network.
In five days, the first participants have bought all available 5,000 Green Trees tokens, at a price of $1. Each token is linked to 1 tree planted.
In November, each type of tokens has generated the same amount of GRN – 0.15 per month. Those pre-sale participants who planted 100 trees earned 15 GRN (equal to $15 at the market price on the 2nd of December), simply by holding Green Trees tokens in their accounts.
The first round of Green Trees NFT sales started on the 5th of December 2022.
Each NFT costs $10 and represents 10 real life trees.
By the end of the first round of sales, we will conduct a revaluation of tokens purchased in the previous round (during November pre-sale). All 5,000 tokens will be revalued by planting 9 more trees per each token.
In January 2023 we will launch the Green Trees auctions on the Polygon blockchain.
In February 2023 users will be able to beta test the Green Trees lending and staking facilities.
The beginning of the new year will mark a significant increase of the project’s marketing presence.
We will also simplify the purchasing process on greentrees.io website.
Starting from the 22nd of December 2022, holders of Green Trees tokens on Stellar can exchange their tokens to Green Trees NFTs, at an exchange rate of 10:1.
See more details in the next chapter.