CUT is a utility token which represents real, certified carbon offsets on the blockchain, whereas many <X> coin’s are security tokens or cryptocurrencies.
Our smart contract acts as an ideal ledger for storing, distributing, tracking and retiring carbon offsets. It is in this unique contract function of retiring where we see the utility of CUT and close the cycle of impact.
To offer real visibility into carbon offset retirement, rather than just burning away any records of the tokens being retired, we offer tracking of both the living supply as well as the total historical supply of CUT created. Regardless of whether CUT have been retired or remain in active supply, their history and provenance can be traced to the exact green energy project that produced the offsets, from inception to retirement.