Web3eco is a unique project helmed by Filipp Bolotov, an accomplished tech entrepreneur, who has managed to merge two seemingly disparate worlds – the tangible realm of forestry and the futuristic resonance of blockchain. The backbone of the venture revolves around Paulownia trees – famous for their swift growth and versatility. While traditional investment avenues face challenges and uncertainties, Web3eco seems to offer an oasis of stability by anchoring crypto investments in real-world assets.
The first question that required an answer was clear-cut and that was why Paulownia was chosen as the cornerstone of the project.
The enthusiasm in Filipp’s voice was evident. “Paulownia plays a crucial role in environmental conservation efforts. Moreover, these trees grow at an astonishing speed. Imagine, in just two years after cutting, Paulownia can grow up to 10 meters, while other trees would take 25-30 years to reach this height,” he explained. “Also, it’s a perfect candidate for premium products. Think of yachts, top-quality furniture, even musical instruments. Plus, it captures carbon dioxide and purifies the air extremely well – almost ten times more than many other plants.”
Indeed, a variety of scientific studies confirm Paulownia’s carbon sequestration abilities. For instance, researchers noted its importance for greenhouse gas mitigation and carbon storage in agroforestry. So, this project is not just about making money; it is shaking things up in both the ecological and economic landscapes.
Filipp continued, “Our goal is to counter deforestation globally, and Paulownia appeared to be the best choice to anchor our vision. Also, the current timber market value is over $1 trillion, so it’s a win-win for us and our investors.”
When asked how long it would take for investors to see returns on their investment given the rapid growth of Paulownia trees, Filipp replied it would take about six years. However, the project’s token system is designed so that investors can start receiving returns even sooner. Essentially, his point was that Paulownia presents an opportunity for those looking to avoid having to wait too long for a return.
Tapping the chart before him, Filipp detailed the economic structure, “Let’s break it down. Trees purchased for lumber are primarily where the investor’s profit stems from. To calculate the profit, it’s a formula: 0.5 cubic meters of wood per tree, multiplied by 75% of its sale price. With a wholesale rate of $400 for a cubic meter of Paulownia, which is the minimum wholesale price, you’re looking at $300 after taking 75%. This translates into a minimum profit calculation of $150 per Paulownia tree, reflecting a 300% capital growth in 6 years. In addition, early investors will also earn 5-10% annually from the value of our project token, set to launch in the first half of 2024.”
The blend of tangible forestry and digital currency was intriguing. Asked whether investors are restricted to holding onto their assets, or they can leverage secondary markets, Filipp nodded with enthusiasm, “Absolutely! With our NFT mechanism, investors can manage their assets during their lifecycle, selling them in both our platform’s secondary market and other common marketplaces. We anticipate the NFT value to surge as we near the tree’s maturity.”
But why seek investment through the crypto realm? Why not the traditional finance sector? Filipp replied with both foresight and pragmatism,“It’s twofold. First of all, using crypto makes attracting investments more straightforward, quicker, and safer. Compare this to traditional methods, like IPOs; the difference is night and day. Business-wise, crypto enables global outreach, information transparency, and direct company-investor communication. It’s also about tapping into the massive liquidity potential at the crossroads of crypto and the real world.”
With the crypto scene evolving daily, it was curious to hear Filipp’s take on the industry’s readiness for Real-World Asset (RWA) investments. Filipp sees a future where banks and institutions like asset managers are getting more involved in asset tokenization. Tokenization on blockchain networks simplifies processes and decentralizes systems, so its adoption will likely increase across industries.
His confidence was evident, “Blockchain’s core mission is to simplify our daily processes. It is designed to decentralize information storage and put power back into people’s hands. The world is ready, and we’re here to lead the charge with tree tokenization.”
At the end of the discussion, Filipp spoke about Web3eco’s protection against unforeseen challenges, such as fires.
“With regard to fire risks, our massive water reserves serve as a safety net,” he began. “Every part of our plantation receives water through a drip irrigation system, and sizable water pools dot each land parcel. Furthermore, we plan to tokenize about 30% of trees and have always announced profit estimates based on worst-case scenarios.”
In the end, Filipp emphasized that Paulownia, one of the world’s fastest-growing trees, signifies hope for the future. His endeavor is all about leveraging untapped potential, leaning on the tree’s unique capabilities and innovative technology to create a new take on green investments. Forward-thinkers and visionaries understand that the fusion of nature’s prowess and technological advances is where the future lies. Those who recognize this are not just investing; they’re becoming part of a larger, noble cause.