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Today, the need for sustainability is critical. With the Bitcoin energy FUD, the decentralized world has come under scrutiny for its high energy usage. Unfortunately, there are only a few sustainable projects that address this problem. One of these blockchain projectsnamed Phaeton from Australia is making headlines for its drive towards sustainability. Phaetonis taking a massive leap in sustainable and green energy with real-life projects such as datacentres, solar farms, real estate and much more.
Phaeton is building a decentralized society that will have everything digitized and on a blockchain. Their native token PHAE is backed by tangible investments. Phaeton aims to create the most Decentralized Global Blockchain Platform by deploying Phaeton modular data centres and Artemis nodes spread across various locations. Renewable Energy sources power Phaeton Blockchain operations, be it solar, wind, geothermal, or hydrogen, reducing carbon emissions. Phaeton’s investments ensure that all business operations are financially sustainable in the immediate and long-term for the benefit of theirshareholders and token holders.
Every blockchain application and investment within Phaeton’s ecosystem has a defined purpose, not because it is trendy. For example, Phaeton’s NFT marketplace is not just another platform to mint and sell NFTs like hundreds of other similar platforms. Instead, the NFT model is used in a Carbon Credit Exchange and Real Estate Marketplace. Both have a higher value proposition.
Sustainable Blockchain Project focuses on Green Investments.
Phaeton project has taken on various green sectors to invest in. Phaeton’s silos or the ecosystem makes Phaeton stand out compared to other blockchain platforms. There are five Phaeton silos, specializing in a specific with renewable and green asthe primary focus.
- Phaeton Blockchain Technology: Under technology, the products include Phaeton Sidechains, Phaeton Helios Deployer, Phaeton Artemis Node and Phaeton ID.
- Phaeton Blockchain Data Centres: Unlike other data centers, Phaeton Blockchain Data Centres are powered by renewable energy. These data centres will be owned and operated as the infrastructure that powers the Phaeton Blockchain Platform.
- Phaeton Energy: Managed by a dedicated team of experts, this division focuses on renewable energy. Products include Micro-Grid Solar Farms, Vanadium Batteries, Geothermal, Wind, and Hydrogen
- Phaeton Real Estate: It is a known fact that wealth is created through real estate ownership. Phaeton is progressively building up a portfolio of real estate assets integrated with Blockchain technology. When the portfolio has reached a critical mass, the portfolio will be tokenized.
- Phaeton Decentralised Finance and Exchanges: Several products fall under this silo. Based on an NFT model, Phaeton has created the Carbon Credit Exchange and Real Estate TNFTs. In addition, Phaeton has created Phaeton ESG Bond Exchange to finance the roll-out of its renewable energy infrastructure.
PhaetonReal Estate is one of the world’s first to apply the concept of NFT in property development and investment. One of their Social Impact projects includes a Medical Centre with a Disability Hub and affordable Seniors’ Co-living” under a “Build to Rent” model.
