ECORISE is a land-pegged stablecoin ecosystem. It is designed to unlock the value of natural ecosystems, incentivize ecological sustainability via stablecoin $ECO which is pegged to land, lease agreements, carbon credits, and cryptocurrency.
ECORISE gives investors an opportunity to buy back land from governments, corporations, and profit-based resource extraction business through DAO. Any landowner who contractually agrees to conserve, protect, and regenerate their land can stake in the DAO vault. Once real estate has been purchased, the land title document will be legally ‘tokenized’ into a Non-Fungible Token (NFT) and locked in the Property Title Vault controlled by the DAO.
ECORISE includes a two-token smart contract ecosystem built on the Solana blockchain. $ECO is an algorithmic stablecoin pegged to the value of real natural land held in the DAO Vault.
$RISE is the deflationary utility token that helps $ECO keep its peg through a process called seigniorage whereby $RISE tokens can always be traded for an equal dollar value of $ECO tokens and vice versa. $RISE also could be used for: