Encourage positive change for the community and the environment
FISHERS, INDIANA, UNITED STATES, October 13, 2021 /EINPresswire.com/ – Land improvement exchange (LBX), www.lbxtoken.com, is a token built from the ERC-20 Ethereum framework that provides a direct financial incentive to promote and accelerate the environmental cleanup of land negatively affected by the fossil fuel industry while creating new, sustainable family environmental jobs in hard-hit communities. affected. The LBX business model is designed to use positive incentives to motivate individuals and businesses to help fossil fuel communities advance jobs and environmental progress.
The environment and cryptocurrency are often not heard in the same sentence in a positive light. In fact, many crypto investors curl up when they hear about the environment alongside blockchain or crypto. That might just change when it comes to discussions about the LBX token, which is a utility token that rewards verifiable and verifiable environmental progress. LBX has created a Token issuance process which does not use high energy demand and complex algorithms to “mine” new coins or tokens. Instead, they hired Land Betterment Corporation, a benefits company and Pending B Corp, to manage their token issuance process which, based on very strict criteria, issues tokens when cleaning properties. of fossil fuels and the release of environmental bonds.
The LBX white paper, published on www.lbxtoken.com, describes the time, effort, and industry experience to create a governance plan that ensures environmental progress is made before a new token is issued. The checks and balances of this plan could allow any fortune 100 company to sponsor environmental work to meet their net impact compensation requirements based on their commitments.
What is game-changing is how the ERC-20 blockchain framework developed by Ethereum was used to create the token that can create a real market in what it means to desire environmental progress. LBX uses a fixed exchange rate model for new issuance of tokens (currently $ 250 environmental bond for each token) combined with a variable market rate token value. This means that as the value of the token increases (often driven by liquidity, acceptance as a currency by trading partners as well as the overall acceptance of the crypto market on exchanges), the faster the environment is cleaned up. and the faster the transition. from fossil fuels.
The LBX token was built using the fundamentals of supply and demand combined with the security and functionality of the new age blockchain. The more the demand (value) of the token increases, the greater the demand for people or businesses to do the work. If that token doesn’t keep giving, as the token’s value increases and more people rush to do the job, the more local communities will benefit – more jobs and a higher salary.
For the first time in our lives, the environmental community and those fossil fuel dependent (or once dependent) regions of the country are aligned. We can clean up the environment, improve the landscape, reduce our carbon footprint and create thriving communities through family jobs. The transition begins today, learn to support the movement at www.lbxtoken.com.
About Land Betterment Exchange (LBX)
Land Betterment Exchange (LBX) is an eco-friendly token that creates a financial incentive and trading market to advance environmental cleanup and accelerate the transition from fossil fuels while providing new, sustainable and viable wage jobs to the local community. Land Betterment Exchange has engaged Land Betterment Corporation, an Indiana Benefit Corporation and Pending B-Corp, as a token issuance partner to ensure that the integrity of the token issuance process is upheld and that the cleanup of the environment is finished. Land Betterment Corporation and Land Betterment Exchange strongly believe that with real solutions, it is possible for the restoration of affected areas to live side by side long term employment, while creating a sustainable and safe environment for communities and our planet. . For more information, visit lbxtoken.com or connect with the company on Facebook, Twitter and LinkedIn.
Special Note Regarding the Comments and Statements Below
Please refer to our white paper which is linked to our website and included in the link here: https://lbxtoken.com/landing/images/whitepaper.pdf for clarification and / or statements made regarding the LBX token.