LBank AMA Recap with $SPE
On 17 Dec 2024 , we held an AMA with the $SPE team, hosted on LBank official telegram channel. If you guys had missed this session, here’s another chance to get a full transcript of the AMA event.
Introduction
Question:
“So before we commence, can you give the community a quick introduction about yourself and the Project you represent?”
Guest:
“I am Guest. Founder of SavePlanetEarth and Planetary Carbon Standard. SavePlanetEarth (SPE) is a global climate action initiative focused on promoting carbon sequestration, renewable energy, and sustainable development through innovative technologies like blockchain, AI, and IoT-driven MRV systems. SPE aims to address global climate challenges by a transparent Carbon Credit Marketplace where carbon credits are verified, traceable, and compliant with global standards.
The Planetary Carbon Standard (PCS) is a next-generation carbon standard and registry system designed to ensure that carbon credits meet the highest levels of integrity, transparency,and compliance.
Another key part of my work is policy advocacy and regulatory compliance. I have collaborated with municipal governments, regulatory agencies, and private corporations to ensure that carbon projects comply with international standards and safety protocols. I have experience aligning projects with ISO environmental standards, including ISO 14001 (Environmental Management).”
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Question:
1. What is the primary goal of the SavePlanetEarth Carbon Credit Marketplace?
Guest:
“The primary goal of the SPECCM is to deliver a reliable, transparent, and scalable solution for carbon credit trading. SPE allows individuals and organisations to offset emissions, invest in impactful projects, and contribute to achieving global climate action goals. The platform sets a new benchmark for integrity, accessibility, and innovation in carbon markets.
The Marketplace and the underlying Planetary Carbon Standard (PCS) are designed to address the shortcomings of traditional carbon markets. Its primary goal is to facilitate the seamless generation, verification, and trading of carbon credits while ensuring integrity and measurable environmental impact. The marketplace empowers climate action through scientifically validated and traceable carbon credits.
$SPE is the primary token for transactions within the marketplace, facilitating the purchase,sale, and retirement of carbon credits. This enables a buy back of SPE, of which 60% burned,30% staking, and 10% to LECCNFT holders — all in whitepaper on the website www.saveplanetearth.io, creating a self-sustaining ecosystem.
At the heart of the platform lies blockchain technology, which ensures end-to-end traceability and transparency. Every carbon credit issued, traded, or retired is recorded immutably on the blockchain ledger, providing a tamper-proof and auditable history. This eliminates common issues such as double counting and fraudulent claims, which have previously undermined the credibility of carbon markets. Participants can view project data, credit issuance details, and ownership records in real-time, promoting trust and accountability.
The marketplace promotes global accessibility through its Invest in Climate Action (IICA) initiative. IICA introduces fractionalized digital shares, represented as NFTs, that allow investors to fund verified climate projects while benefiting from multiple revenue streams. These returns may include carbon credit sales, cash crop yields from agroforestry, and renewable energy profits from feed-in tariffs, ensuring financial viability while accelerating environmental impact.
SPE and PCS align operations with internationally recognised standards, ensuring that they meet rigorous scientific and regulatory requirements. This approach guarantees the credibility and authenticity of credits issued on the marketplace.”
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Question:
2. As SavePlanetEarth introduces its Carbon Credit Marketplace powered by $SPE, how does it ensure seamless integration of blockchain technology with carbon credit verification and trading processes, and what unique features differentiate your platform from traditional carbon credit systems to attract both individual and institutional participants globally?
Guest:
“SPE ensures seamless integration of technology with its carbon credit verification and trading processes. This approach guarantees the transparency, credibility, and accessibility of carbon credits, differentiating SPE’s platform from traditional carbon credit systems and attracting both individual and institutional participants globally.
At the core of SPE’s operations is its blockchain-based infrastructure, which ensures that all carbon credit transactions (issuance, trading, and retirement) are stored on an immutable and tamper-proof ledger. Each credit movement is assigned a unique transaction hash, which is permanently recorded on certificates and user profiles. This ensures end-to-end traceability,allowing stakeholders to track the entire lifecycle of credits, from project origination to retirement. By preventing double counting and providing auditable ownership records, blockchain technology eliminates credibility concerns that have historically plagued carbon markets.
To ensure accuracy and integrity, SPE integrates real-time Monitoring, Reporting, and Verification (MRV) tools into its PCS platform. These include satellite imagery, IoT sensors, and AI-powered analytics, which continuously monitor project performance and validate emissions reductions. AI algorithms process data from monitoring tools to identify discrepancies, ensuring that carbon credits are scientifically accurate and verifiable. The verified data is displayed transparently on the Planetary Carbon Standard (PCS) Registry, providing the public with real-time visibility into project metrics and environmental impact.
SPE’s platform is also designed for global scalability and user accessibility. Its dual-marketplace structure supports both retail users and institutional participants, providing tools for small-scale credit purchases as well as brokerage services for bulk trading. Through API integrations, the platform is interoperable with other carbon registries and marketplaces, enabling seamless cross-border trading of carbon credits.
Security remains a top priority, with multi-layered verification systems and advanced blockchain protocols protecting data integrity and user transactions. The platform’s smart contracts automate processes such as credit issuance, trading, and retirement, increasing efficiency while minimising human error.”
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Question:
3. What type of difficulties did you face throughout your project?
Guest:
“SPE faced several challenges during the development and implementation. Where do I start?
These challenges spanned technical, scientific, and operational areas, requiring a collaborative approach to overcome them.
One of the most significant difficulties was ensuring the scientific accuracy and credibility of carbon credit verification. SPE had to align its operations to develop precise and verifiable methodologies under PCS. Ensuring consistency in monitoring and reporting while adhering to global standards was critical for maintaining trust among participants.”
Another challenge was the real-time monitoring and validation of large-scale projects. Gathering accurate, real-time data from projects, including forestry, renewable energy, and sustainable agriculture, proved complex. SPE addressed this by integrating above mentioned MRV (Monitoring, Reporting, and Verification) systems, including satellite imagery, IoT sensors, andAI-driven analytics. These tools provided continuous monitoring and automated data validation,ensuring accuracy while eliminating risks such as phantom credits (unverified or inflated claims).
The carbon credit market also experienced volatility due to recent challenges involving key players, such as the credibility concerns surrounding other entities standard and methodologies.
This led to a temporary downshift in investor confidence and market activity. To address this, SPE focused on reinforcing trust and transparency and provided confidence that its credits met the highest integrity requirements. As the market gradually recovers, SPE remains positioned as a leader offering credible, traceable carbon credits.
Building stakeholder trust also presented challenges, particularly in combating greenwashing concerns. Investors and partners often require assurance that carbon credits represent genuine, measurable impacts. SPE responded by using technology to provide immutable and transparent records of credit issuance, ownership, and retirement. These records on the PCS Registry and blockchain, ensure full visibility into credit lifecycles and project performance. Additionally, all credits undergo independent third-party validation to further enhance credibility.
The coordination of resources across multiple disciplines — technology, science, policy, and operations — was another complexity. Developing a platform that integrates AI, and real-time monitoring tools required input from various experts and constant collaboration globally. SPE streamlined its workflows to ensure all processes aligned with scientific accuracy, operational efficiency, and regulatory compliance.
Lastly, market education and adoption were critical hurdles. While blockchain technology offers unparalleled transparency, many stakeholders were initially unfamiliar with its application in carbon markets. SPE addressed and will be further addressing this through extensive marketing and outreach campaigns, highlighting its platform’s ability to prevent double counting, ensure traceability, and deliver real-time verification.
Question:
4. SavePlanetEarth’s core mission revolves around carbon credits and sustainable solutions.
How does SPE ensure the authenticity and traceability of its carbon credits to build investor and partner trust? Are there third-party validations or blockchain-based mechanisms in place to avoid greenwashing concerns?
Guest:
“Good question. The combination of methodological integrity, transparency, and advanced technology allows SPE to address industry concerns such as greenwashing, additionality, permanence, and double counting, which have historically undermined the credibility of the voluntary carbon market.
One of the most critical elements of SPE’s approach is the concept of ‘additionality’. Additionality ensures that a carbon credit represents an emissions reduction or removal that would not have occurred under a business-as-usual scenario. To establish additionality, SPE and PCS employsscientifically validated project baselines to measure carbon impact beyond what would have happened naturally or through standard operations. SPE’s project methodologies incorporate the latest research in climate science, forestry, and renewable energy, ensuring that only projects that exceed these baselines qualify for credit issuance. This approach ensures that all SPE-issued credits are tied to genuine, incremental climate action, increasing their market value and credibility.
Permanence is another crucial factor that distinguishes PCS credits. Permanence refers to the long-term durability of emissions reductions, especially for projects involving natural carbon sinks like forests. Unlike traditional systems that may lack long-term guarantees, We use advanced MRV systems to monitor projects continuously. Geospatial analysis track forest cover changes, reforestation progress, and agroforestry initiatives in real-time, ensuring that carbon sequestration is being maintained. On-the-ground truth monitoring is enhanced through IoT sensors strategically placed within projects to capture localised data, such as temperature, soil moisture, and tree growth. By combining satellite data and IoT devices, PCS provides a data-driven solution for ensuring the permanence of its carbon credits. If any issues, such as forest fires or deforestation, arise, the system provides real-time alerts, enabling rapid intervention to protect the sequestration potential of the project. PCS integrates real-time land monitoring systems to ensure that carbon credits represent genuine, measurable emissions reductions or removals. These technologies validate carbon sequestration data, detect anomalies, and provide stakeholders and project proponents with accurate, up-to-date insights into the projects they support.
SPE further ensures authenticity by embedding its methodologies within its proprietary Planetary Carbon Standard (PCS) framework. The PCS methodology is built on the latest scientific research and incorporates globally recognised Verification and Validation Bodies with accreditations like ISO 14065, ISO 17029, and ICVCM Core Carbon Principles (CCPs).
The PCS system includes strict criteria for additionality, permanence, and leakage prevention, as well as tools for monitoring co-benefits that contribute to the United Nations Sustainable Development Goals (UNSDGs). The methodologies are reviewed and validated by third-party VVBs, ensuring compliance with global frameworks. By using third-party validation, PCS guarantees impartiality in the credit issuance process. All credits undergo independent audits before issuance, and full credit details — including project scope, methodology, issuance date, and retirement status — are made available to prospective buyers on the SPECCM.
This blockchain-backed system ensures that credits cannot be duplicated, or falsified.” SPE’s traceability is further supported by the PCS Registry, which offers the public real-time access to project data, validation reports, and credit issuance details. The registry allows investors, partners, and regulators to track the full lifecycle of every credit, from issuance to retirement, ensuring absolute transparency and data integrity.
To combat greenwashing concerns, SPE employs a combination of transparency, verification, and rigorous data validation. Unlike traditional carbon credit systems where claims of impact are often based on ‘theoretical calculations’, SPE’s approach relies on real-time, verifiable data fromsatellite imagery, ground truth data, AI analysis, and IoT devices through our in house SPE Carbon Engine which is accessible on the PCS portal when registering a project for the carbon lifecycle. The MRV system validates environmental impact in real time and links it to registry records, ensuring that every carbon credit is backed by verifiable, science-based evidence. This holistic approach provides confidence to stakeholders, including corporate buyers, governments, and institutional investors, that their credits are authentic, traceable, and of high environmental integrity.”
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Question:
5. What is the plan on January 2025?
Guest:
“January 2025 is a blueprint for global expansion, technological advancement, and stakeholder engagement. With a focus on project growth, IICA expansion, carbon credit buyer network, security enhancements, marketing outreach, and market recovery, SPE is setting a clear path toward becoming a global leader in carbon credit trading and climate action.
One of the core elements of SPE’s plan is the expansion of verified projects and the Invest in Climate Action (IICA) initiative. SPE plans to scale the volume and diversity of climate action projects, with a particular emphasis on reforestation, renewable energy, sustainable agriculture, and waste management. These projects will generate high-quality carbon credits, which can be sold or retired to meet corporate and national climate goals. The IICA initiative will also be expanded, offering fractionalised digital shares (represented as NFTs) for investors. This initiative allows investors to finance climate projects and receive returns from multiple revenue streams, such as carbon credit sales, cash crop yields, and renewable energy revenue. This expansion aims to increase investor participation and create a new model for climate finance and profit-sharing in sustainability.
To support operational expansion and increase its global reach, SPE will open new PCS offices in key regions such as South America, Southeast Asia, and Africa. These regions have high potential for the development of large-scale reforestation, afforestation, and renewable energy projects. By establishing regional offices, SPE aims to improve on-ground project coordination, provide localised support to stakeholders, and streamline the MRV process. The physical presence of PCS offices will also enhance the company’s ability to conduct field inspections, stakeholder engagements, and direct oversight of ongoing projects, ensuring better performance and compliance with PCS and global standards.
The plan also includes a comprehensive marketing and global outreach strategy to increase visibility and stakeholder engagement. SPE aims to increase awareness of its Carbon Credit Marketplace and IICA initiatives through targeted campaigns focused on corporate ESG (Environmental, Social, and Governance) compliance, sustainability reporting, and carbonfootprint offsetting and insetting. By promoting its unique offerings, such as IICA digital shares and blockchain-backed traceability, SPE aims to attract new corporate clients, investors, carbon credit resellers and government partners. Additionally, the company will engage with organisations looking for solutions to meet compliance with Article 6 of the Paris Agreement and the UN Sustainable Development Goals (UNSDGs).
The strategy also reflects a response to the recent downshift in the carbon market caused by credibility issues surrounding other Carbon standard companies carbon credits. The ‘traditional carbon standard’ company incidents created a temporary decline in investor confidence and market stability. To address this, SPE has implemented additional layers of validation, increased transparency through traceability, and strengthened partnerships with accredited VVBs. As the market gradually recovers, SPE is positioning itself as a leader in high-quality, verified carbon credits. By ensuring third-party validation, full traceability, and alignment with ISO standards, using the latest peer reviewed methods, SPE’s carbon credits will remain among the most trusted in the market, giving us a competitive edge.
In a nutshell, SavePlanetEarth has a comprehensive and forward-looking strategic plan for next year, with a focus on scaling its operations, strengthening its technological framework, and driving global climate impact with more sales of carbon credits to further our use case.”
Section 2
@MUSQAN21
Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractivenes?
Guest
The token-burning strategy is executed in alignment with platform performance and key milestones, such as: Carbon Credit Sales.. A portion of the revenue generated from the sale of verified carbon credits on the SPE Carbon Credit Marketplace will be used to burn tokens periodically.
IICA Initiatives… Revenue from the Invest in Climate Action (IICA) initiative, where digital shares fund projects, will contribute to token burns.
Platform Fees..A percentage of transaction fees collected from credit trading, retirements, and other on-platform activities will be allocated for systematic token burning. Please check the whitepaper for further information on token burning.
@shonnabeavers
What are the steps to become a part of your community, and start getting revenues? Where do we buy, where do we sign up? This looks like an amazing project!@imranSPE
Guest:
Please visit the TG group for the SPE community and the website www.saveplanetearth.io.
@Anthonysmj
Staking program is very important for every project? Can I stake your Token? Do you have any plan of starting staking programme?
Guest:
The $SPE Staking Platform is currently in its early phase, and we have meticulously structured the framework to ensure it delivers value to $SPE token holders while driving climate-positive outcomes. The platform will be developed with a focus on integrating sustainability incentives, aligning it with the core mission of SavePlanetEarth.
@harper39245
IMPORTANT QUESTION, on which network can I get your token?
1) BSC chain
2) Tron
3) Ethereum
4) Polygon
Or any other network, can you tell us? When and where i can buy your tokens?
Guest:
Ethereum platform and you can trade on LBANK too.
@JordonFish
According to the project’s roadmap- what are your most important next priorities?
Guest:We are prioritising outreach to bulk buying brokers, corporate organisations, and institutional investors seeking high-quality, verifiable carbon credits to meet their ESG compliance goals and net-zero commitments.
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