Launch Supply: 500 Thousand Tonnes of Offsets, or 500 Million CUT
Main Sale: 400 M
Strategic Reserve: 75M
Team & Advisors: 25M
Proceeds of the CUT sale contribute to CO2e projects, tech advancement and marketing.
*To date over 6,000,000 kgs of carbon offsets have been retired on-chain using CUT
Phase 1
Q3-Q4 2020
Whitepaper written on the vision and mechanics of CUT. Establishment of entities and structures to deliver CUT. Source initial 45,822 tonnes of carbon offsets for private sale
Phase 2
Q1-Q4 2021
Launch and distribution of first private sale tokens. Minting of 500,000 tonnes of offsets sourced for CUT. Offset the footprint of the Ethereum Mainnet for Earth Hour. Development in application for retiring of carbon offsets, with project tracking and monitoring on the CUT official website
Phase 3
2022-Q2 23
Following successful CUT beta project, move forward with newly launched rCUT on Ethereum. Then adding an additional 19,299 tonnes of offsets, while also introducing layer 2 access with Arbitrum aCUT, and expansions to the entire app for multi chain network capabilities
Phase 4
Q3 2023+
Adding more carbon offset projects to meet future community growth needs. Development in application and addition of footprint calculation features, and exploring new networks and technologies
Matthew Pickup
Matthew is an experienced founder in technology and renewables, and was recently part of developing a clean energy data network. Other experiences include founding a startup in finance working with over 100 impact businesses in fundraising and growth. Matthew holds a commerce degree from Dalhousie University.
Ethan Gilmore
Ethan started his career in 2003 in the alternative investment space and has worked across the hedge fund, private equity, investment banking, renewable energy and media and technology sectors. He is a magna cum laude graduate of the University of California, Los Angeles.
Paul Thomson
Paul specializes in fundraising, compliance, and strategy, and was most recently the Chief Compliance Officer at a registered Exempt Market Dealer in Canada. He serves as Corporate Secretary of a TSXV listed resource company, and serves on the Board of Governors at the University of Kings College.
David McLennan
David has more than 20 years of experience in the landfill gas to energy industry in North America and abroad. David was a pioneer in the field of creating, verifying, and marketing emission reduction credits, and conducted one of the first transactions of this kind globally with Ontario Power Generation.
Evan Jones
Evan is a Professional Engineer with expertise as a Greenhouse Gas Inventory Quantifier, and expert knowledge in building energy benchmarking data analysis, energy analysis and simulation modeling, savings measurement and verification, as well as energy software system design and implementation.
