The Tengo Research Foundation: Custodians and Protectors of the Amazon Forest Securing guaranteed reduction of greenhouse gases for EVERYONE while preserving countless species and their habitats.
Instead of creating C02 Certificates which “allow” pollution by companies buying their way out of polluting the Environment while the beneficiaries are the aggregators and financial institutions who manage this obscure business, we created a DIRECT approach in where we monetize the TRUE value of the environment in preserving and making it profitable with dividends and interest, and with the global awareness and participation we provide a currency directly backed by the most precious asset in today’s world: THE ENVIRONMENT The Tengo Cryptocurrency is 100% backed by the underlying asset, and for early adaptors the potential gains by the order of magnitude, available to everyone on a blockchain based DLT (Distributed Ledger Technology).
Unlike Bitcoin or other Cryptocurrencies, where the price is mostly determined by mining which is computationally intensive and requires lot’s of electricity hence is not environmentally friendly and no real sustainable backing by assets other than the investment in equipment for mining and market speculation the Tengo Coin is backed by 50'000 hectares of Amazon Forest, more than 4 times the Size of the City of San Francisco, protected under the custodianship of the Tengo Research Foundation. The Amazon Forest is critical to maintaining the Earth’s balance.
The world’s largest tropical Rain Forest is the Amazon, the Lungs of our living, breathing Planet. Every living being counts on the Amazon Forest to regulate the planet’s Climate absorbing Carbon Dioxide and generating a full fifth of the Oxygen and fresh water. The biological riches of the Amazon Forest are unsurpassed, with an unfathomable diversity of birds and animals, insects and fish, trees and plants.
Countless species have yet to be discovered, Possibly holding the key to curing Cancer and many other Illnesses. The Amazon Rain Forest: Medicine, Oxygen, water, food, Life.
And yet, this life giving, climate stabilizing biological treasure is in great danger, threatened by industrial nation’s voracious appetite for it’s resources. Pipelines and Oil roads slice into the rain forest opening it to logging, mining and oil drilling. Massive Dams, industrial Plantations and cattle grazing bring further devastation with global implications.
The Tengo Research Foundation is building an economically viable payment platform which guarantees environmental protection.