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What is CCT

Tokens

1. What is CCT?

Carbon Credit Token (CCT) is a digital climate initiative aimed at democratising access to regulated carbon credits. It is the first cryptocurrency collateralised by European Union Allowances (EUA) futures, based on the largest traded volume of carbon credits in the world. This initiative makes carbon credit trading more accessible and transparent, fostering the development of the carbon market. By using CCT, users can easily participate in carbon credit trading and gain real-time market information and analysis.

2. Who founded CCT?

According to the information provided, the Carbon Credit Token (CCT) cryptocurrency was founded by Zhi, who is also the Chief Executive Officer of the company. Zhi has previously worked with top investment firms such as Goldman Sachs, Bloomberg, and Credit Suisse.

3. Which venture capitalists have invested in CCT?

Based on the provided search results, there is no direct information about venture capitalists that have invested in the CCT cryptocurrency. The results primarily cover the following topics:

  1. Development and Investment Trends in the Cryptocurrency Industry: As discussed, this mainly focuses on the development of the cryptocurrency sector, investment trends, and fundraising for some well-known projects, but does not mention any investment information related to CCT.

  2. The Nature and Uses of CCT: This section explains the nature and applications of CCT, along with details regarding the Chain Letter app, but does not mention any venture capital investments in CCT.

  3. Other Irrelevant Information: The provided information does not relate to investments in CCT.

In summary, based on the provided search results, it is not possible to determine which venture capitalists have invested in the CCT cryptocurrency.

4. How does CCT work?

CCT (Carbon Credit) is a cryptocurrency designed to promote carbon credit trading and environmental sustainability. Below is an overview of how it operates:

  1. Foundation: CCT is a blockchain-based cryptocurrency that uses a decentralised system to record transactions, ensuring security and transparency.

  2. Main Uses: The primary purpose of CCT is to facilitate the purchase of clean energy for individuals and businesses, contributing to efforts against climate change.

  3. Backing: CCT is backed by European Union Allowance (EUA) futures, which are the most popular carbon credits globally.

  4. Trading: CCT can be traded on cryptocurrency exchanges like Bitget, where users can purchase CCT using credit cards or bank transfers.

  5. Features: CCT offers environmental attributes, transparency, traceability, globalisation, and robust liquidity among its features.

  6. Security: CCT utilises blockchain technology to ensure transaction security and immutability.

  7. Price: The price of CCT fluctuates with market dynamics, and users can check real-time prices and historical data on trading platforms.

In conclusion, CCT is a cryptocurrency aimed at promoting environmental sustainability and carbon credit trading, ensuring security and transparency through blockchain technology.

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