MCO2

MCO2 is a digital token issued by Moss, a climate technology company that tokenizes carbon credits. Each MCO2 token is designed to represent one metric ton of CO2 offset sourced from nature-based projects such as forests or other verified conservation activities. The underlying offset credits are verified by recognized standards and tracked in registries, and tokens are minted to correspond to these credits. When a token is retired, the underlying credit is retired in the registry, ensuring the offset is not double-counted.

MCO2 facilitates on-chain trading and portfolio construction in the voluntary carbon market. Investors, individuals, and organizations can buy, hold, or retire MCO2 tokens on supported networks or exchanges, gaining exposure to carbon offsets without handling physical credits. The tokenization aims to improve transparency, liquidity, and accessibility relative to traditional offset markets.

Backing credits: Credits typically come from nature-based projects certified under standards such as Verra's Verified Carbon Standard or Gold Standard. Moss maintains a mechanism to track token supply and retirement events to preserve integrity.

Limitations: The market for tokenized offsets is evolving and subject to regulatory, market, and verification risks. Critics raise concerns about permanence, additionality, and the risk of tokenization obscuring project risk. Proponents argue that tokenization can enhance traceability and flexibility in offset purchases.

Overall, MCO2 represents one approach to tokenizing carbon credits, illustrating broader trends in the voluntary carbon market and blockchain-based asset representation.