KKB Token
1KKB ≈ 1 EUA, an attractive investment
KKB Tokens are tokenized EUA within Ethereum. Each KKB token is backed by a European Union Allowance (EUA) of the European Emissions Trading System (EU ETS). Holding 1 KKB token means polluters won't be allowed to pollute 1 tonne of carbon. Moreover, you get exposure to one of the best performing commodities in recent history when you buy KKB Tokens.
KKB Tokens are a great store of value due to the following properties:
Scarcity. Since the supply of EUAs is decreasing annually we consequently believe the price of EUAs will continue to increase over time which will translate directly into a higher KKB price. In the last five years, EUA price has risen from €5/tonne to €70/tonne. This reflects a tighter supply/demand balance. This ongoing tightening of the market make EUAs and, therefore, KKBs an attractive investment.
Holding KKB prevents pollution from happening. Because of the pioneer market design of the EU ETS, holding a KKB Token prevents industrials from polluting 1 tonne of carbon. Moreover, withholding a KKB token also reduces the future supply of EUA available to polluters, enhancing annual pollution reduction (via a higher price/cost to pollute).
Composable. the Ethereum community can build a set of apps and protocols using KKB Tokens, creating network effects.
Industrial use. European industrial emitters will be able to offset carbon just-in-time and almost on a daily basis to meet their legal obligations, in a transparent and user-friendly way through blockchain.
No hidden fees, KKB tokens are always fully collateralized and redeemable for EUA or USDC.
The total amount of KKB supply is always matched in our vaults in EUAs. This can be monthly verified based on certificates from authorities.
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