Team Headed by Global Leaders in ESG, Mining, FinTech, Finance Secure Seed Funding
Targets First Tokenization Project, "Avoided Mining" of Gold Deposits
SINGAPORE, Feb. 22, 2022 /CNW/ -- Nature's Vault, a GreenTech platform designed to accelerate the funding of impact investments combating climate change and ecosystem damage, today announced its seed funding round, Board and Advisors, and an expected first tokenization project to monetize the preservation of in-ground gold deposits avoiding the environmental impact of physical mining.
"Building a first-of-its kind platform that allows anyone to fund impact investing projects around the world is a legacy everyone at Nature's Vault is proud to be part of," said Founder and CEO Phil Rickard. "We are bringing our breakthrough approach to tokenizing ESG projects and Natural Capital assets to help mitigate climate change in a transparent manner via distributed ledger technology and a platform that can be replicated and scaled up for future growth."
Nature's Vault is creating a platform built on the blockchain to tokenize projects focused on preserving Natural Capital – the planet's natural resources. Its initial project avoids the environmental impact and carbon emissions related to gold mining by utilising tokenization to monetize the value of in-ground gold deposits by preserving quantified proven gold reserves in a secured mine. The world's first zero carbon gold preservation linked investment.
Its "Legacy Token", expected to launch in the first half of 2022, will unlock the value of gold assets, without the negative environmental impact associated with mining in some of the world's most pristine locations. The Legacy Token is designed to achieve a net-zero future and to ensure that fractional asset ownership is transparent and irrefutable by recording all transactions on a secure blockchain.
Secures Seed Funding From CDI
Nature's Vault also announced that it has secured seed funding from a consortium of international technology investors led by CDI, an Asian-based biometrics and data-analytics platform provider, with serial entrepreneur Irawan Mulyadi joining as an independent director.
"Nature's Vault has a proven leadership that combines FinTech and natural resources prowess to offer all investors a platform that leverages the power of digital assets to mitigate climate change, preserve biodiversity, and invest back into the local communities affected," said Mr. Mulyadi.
Experienced Team Leadership
Building Nature's Vault is a global, highly experienced team of entrepreneurs, investors, and executives across ESG, mining, FinTech, and finance including:
Nature's Vault LLC is developing a GreenTech platform to accelerate the funding of impact investments aimed at combating climate change and ecosystem damage. Launched in 2022, Nature's Vault expects to be the one of the first to create a blockchain powered platform to tokenize projects focused on preserving natural capital – the planet's natural resources. The Company's first project involves avoiding the environmental impact and carbon emissions related to gold mining while utilising tokenization to preserve the value of in-ground gold deposits. Nature's Vault has operations and a presence in North America and Asia.
Media ContactArmel Leslie, Peaks Strategies[email protected]
View original content:https://www.prnewswire.com/news-releases/natures-vault-launches-novel-blockchain-powered-platform-to-monetize-in-ground-mineral-assets-avoid-environmental-destruction-301487664.html
SOURCE Nature’s Vault
View original content: http://www.newswire.ca/en/releases/archive/February2022/22/c2256.html
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