Most frequent questions and answers
EarthBox’s (ERX) proposal consists of an innovative and different solution for the recovery of carbon sinks: we invite you to save from deforestation and protect a square meter of biosphere, backed by 100 years in the right of preservation and in our obligation of ‘No Harmful Exploitation’ of natural capital, digitally represented on a square meter of land (virgin or degraded) through a GIS system.
By purchasing the crytocurrency ‘ERX Coin’, users will obtain a preferential purchase right on the issuance of carbon credits issued by ERX, called ‘ERX Bond’, with which in addition to making a contribution to the conservation endangered natural area, they will be able to purchase a ERX Bond at a discount of up to 50% before its release to the market.
The objective is to achieve the natural recomposition of one million hectares in 10 countries distributed on five continents over the next 10 years, starting with the Paranaense Forest in the argentinean province of Misiones. After 100 years, the lands will become the property of the national state in whose jurisdiction the lands are located, under a commitment to preservation. It is possible to take care of the environment and also get a reward in return. We are an eco-fin-tech company that seeks to rethink the way that the business and natural environment care are conceived. Will you join us on this mission?
ERX was born from the union of two companies, which made a strategic alliance to create this innovative project. Heimdall Technologies OÜ, headquartered in Tallinn (Estonia) and Nideport SA, headquartered in Montevideo (Uruguay). Both make up ERX.
The origin of the initiative is no coincidence: it is based in Tallinn, the European capital of innovation, where technological giants such as Skype emerged. The team is interdisciplinary and consists of more than 40 professionals from Estonia, Argentina and Uruguay, experts in technology, systems, finance, management, sustainability, marketing and communication, among other specialties.