Poseidon Foundation
Poseidon Foundation
Token: OCEAN


Own Your Carbon Footprint

ICO dates
Start date: 2019-02-16
End date: 2019-03-24

Registrated in: Malta

Platform: Stellar
Type: Stellar

PREMIUM ICO

HARA

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Poseidon Foundation categories
Blockchain Platform
Poseidon Foundation whitepaper
Video
Poseidon Foundation token sale
KYC passing required No | Whitelist No | Restriction for countries Canada,USA
Soft cap EUR 10 million
Hard cap EUR 4.32 billion
Tokens for sale 17986537725
Token distribution in ICO
50
50
Sold tokens 13,462,275
Price 1 OCN = €0.1920
Poseidon has developed the reduce platform that allows you to turn the negative environmental impact of every purchase you make into positive climate action. This is possible through a revolutionary integration that connects you directly to forest conservation projects, allowing you to make micro-donations with a measurable impact. One of the challenges with such philanthropic giving is transparency. How can Poseidon ensure that your donations really reach the causes you would like to support? We are solving this with the use of blockchain, a technology that creates transparency and traceability by storing transaction information publicly. Another challenge is how to accurately account for the climate impact of your lifestyle choices? Using blockchain technology, we are able to solve this challenge as well. By processing micro-donations in almost real-time, we attach climate action directly to your product and service purchases, giving you the confidence that you want. Our initial focus is on retail integrations, because we believe this can lead to the biggest change in the way carbon credits are used. With a simple and accessible method of purchasing carbon credits in place, each and every one of us will be able to support crucial land-based emission reduction projects that protect forests and national parks in some of the world’s most endangered areas, supporting local economies that will have a lasting positive impact on our planet.

Being a non-profit foundation, we can focus on creating sustainable impact and creating alliances in the carbon markets without financial interests. This allows us to build a platform that has one goal: saving our climate.

Poseidon Foundation news, social
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Random whitepaper excerpts

www.linkedin.com/company/poseidon-foundation
www.twitter.com/Poseidon_NGO
www.facebook.com/PoseidonFoundation
Laszlo Giricz
Founder and CEO
[email protected]
+41 7676 1 7679
Poseidon Foundation
Registration Number: LPF-274
Ewropa Business Centre
Dun Karm Street
Birkirkara, BKR 9034
Malta
...

POSEIDON WHITE PAPER
SECTION
PURPOSE
01
This white paper is an accessible overview of Poseidon’s platform.
It provides the reader with an understanding of the goals and drivers of the Poseidon
Foundation as well as the functional and technical aspects of the underlying carbon credit
platform.
This white paper is not meant to be a detailed technical blueprint or contribution deck for
the upcoming fundraiser, currently planned for June 2018.
Instead of publishing a technical blueprint, the already operational beta will be made
accessible to the public prior to the fundraiser. A contribution deck will be published
during the month of March 2018.
1
...

Founder Foreword
POSEIDON WHITE PAPER
When I started the blockchain company GPU Hosting
1
in 2016, one of my goals was to
create a sustainable and environmentally friendly business. This drove the decision to
build our server farm in Quebec, Canada, where we were able to use electricity from
Hydro Quebec
2
, a provider of clean, renewable energy. In 2017, through speaking to
friends and colleagues about my ambition to create a carbon positive business, I was
introduced to Ecosphere+
3
.
After a detailed analysis of my business, including employee travel, the carbon footprint
of the hardware we were using, and our supply chain, Ecosphere+ told us how much
it would cost us to become carbon positive. The number was significantly lower than I
expected. This made me question why anyone, business or individual, would not choose
to address their climate impact. The existing carbon markets are complicated, do not offer
straightforward access for the wider p...

Climate Change
POSEIDON WHITE PAPER
SECTION
02
What is Climate Change?
The science is clear: climate change is real and the world must act to mitigate its impact
and keep global temperatures within a safe limit.
Climate change is caused by both the loss of our earth’s natural carbon sinks (such as
forests that absorb carbon) and the increase of
greenhouse gases
5
in the atmosphere
(produced through the burning of
fossil fuels
6
).
The earth is kept at a habitable temperature through a natural process called the
greenhouse effect, in which certain gases trap heat within the atmosphere by absorbing
thermal infrared radiation and redirecting it towards the surface. Normally, this process
traps enough heat in our atmosphere to keep our planet at a temperature that can support
life.
But human activity is changing the composition of our atmosphere by releasing higher
quantities of greenhouse gases such as carbon dioxide, methane, ...

POSEIDON WHITE PAPER
Why is it important to stop climate change?
The world is reaching its limits in terms of the levels of
carbon emissions it can cope with before the climate
becomes unsafe for human life.
The IPCC has provided data which shows the urgent
need to keep global warming within a ‘safe’ limit of below
2°C - the maximum average temperature increase that
governments believe we can ‘adapt’ to. Others argue, the
maximum temperature change should be +1.5°C.
Currently, climate change is causing extreme global events; forest fires, migrating diseases,
flooding, ocean acidification, and mass migration of people. A recent report has shown
that climate change impacts have cost the U.S. economy at least $240 billion a year over
the past ten years, and in the next decade that figure could increase to $360 billion.
7
Climate change is a global phenomenon that affects everyone, no matter who or what is
causing it.
What is being done to stop climate chang...

POSEIDON WHITE PAPER
SECTION
Taking Action
03
What still needs to be done to solve climate change?
With the historic
Paris Agreement
9
in place we are entering a world with a finite ‘budget’
of carbon that can be emitted. This will lead to a need for carbon neutral and even carbon
negative emissions technologies and processes to replace emitting activities of today,
along with a transfer of finance associated with those activities.
Demand for change is growing. It is coming from policymakers with the power to regulate,
investors who appreciate the financial risks of climate stress, and from employees and
consumers who want to work for and buy from companies that have a positive impact on
the world.
All businesses need to have a strategy in place to reduce emissions and other negative
environmental impacts whilst taking advantage of opportunities from clean technology
and new business models. Alongside this, we need collective action to immediately

POSEIDON WHITE PAPER
The lowest cost, most immediate climate change solution is to protect threatened forests.
Avoiding the destruction of forests would have the same impact as taking more than 600
million cars off the road. It also delivers many other benefits to the animals, people, supply
chains and businesses that rely on the services provided by forests around the world.
Putting a value on the carbon storage systems of rainforests is an innovative and effective
way to protect them.
How would a retailer or consumer currently buy
carbon?
It is possible for an individual to buy carbon today, but there is no mainstream solution and
it is not easy to do. Individuals may already be paying for carbon emissions from some
aspects of their lifestyle where regulation exists. For example, in the European Union,
there is an emissions trading system which puts a price on energy use, but individuals
might not even realise how this affects them.
Individuals can purchase carbon through a website ...

POSEIDON WHITE PAPER
SECTION
An Overview of Poseidon
04
Our vision and who we are
We believe that controlling your carbon footprint should be as easy as checking your bank
balance. Our solution will, for the first time, empower everyone to participate in climate
action, all the way to the retail level. Our vision is to create a platform that integrates
carbon credits into everyday life, enabling the seamless and transparent accountability for
our carbon footprints as part of every purchase we make.
Our first focus is on a retail integration, attaching carbon credits to everyday purchases,
because we believe this can lead to the biggest change in the way carbon credits are
used. With a simple and accessible method of purchasing carbon credits in place, each
and every one of us will be able to support crucial land-based emission reduction projects
that protect forests and national parks in some of the world’s most endangered areas,
supporting local economies that will have a l...

Poseidon Foundation Roadmap

1
2017 - Q2
• Poseidon Concept born • Blockchain selected as technology platform • Partnerships being conceptualized • Legal partner with blockchain experience signed
2
2017 - Q3
• Stellar chosen as blockchain platform • Strategic Partners agreements formalized • Switzerland chosen as base • Poseidon Foundation announced to public
3
2017 - Q4
• Details of platform designed • Key advisors join Poseidon team • Architecture reviewed with Stellar • Regulatory challenges in Switzerland
4
2018 - Q1
• Malta chosen as new base • Legal framework finalized • Discussions with prospective clients • First pilot design completed
5
2018 - Q2
• Poseidon Foundation established in Malta • Pilot Platform launches with first Retail Client • 1-year Fundraiser launches with first Public Round • First Corporate Client signed up
6
2018 - Q3
• First Government Client signed up • Participation in European Blockchain conferences • Business Summit in Liverpool, England • Poseidon Mobile App v1 Release
7
2018 -Q4
• Participation in Blockchain conferences in Asia and Europe • Onboarding of second Corporate Client • Onboarding of second Government Client • Climate Impact Product Catalog v1 Release
8
2019 - Q1
• Second Public Round of Fundraiser • Poseidon Mobile App v2 Release • Onboarding of additional Clients in Europe • Opening of Poseidon Headquarters in Liverpool
9
2019 - Q2
• Launch of Annual Poseidon Conference in Liverpool • Final Round of Fundraiser • Voluntary Donations capability released • Opening of Global Poseidon Offices
10
2019 - Q3
• Full Poseidon Platform Launch • Climate Impact Product Catalog v2 Release • Poseidon Mobile App v3 Release • Onboarding of first Clients in Asia
11
2019 -Q4
• Poseidon Platform Functionality Release v2 • Onboarding of first Clients in North America • Top contributors invited to forest conservation project • Research and Development roadmap announced
12
2020 - Q1
• Climate Impact Product Catalog v3 Release • Poseidon Mobile App v4 Release • Onboarding of additional Clients in Asia • Poseidon Presence at World Economic Forum in Davos
13
2020 - Q2
• Annual Poseidon Conference in Liverpool • Poseidon Platform Functionality Release v3 • Onboarding of additional Clients in North America • Research and Development results announced
Ian Briggs
Ian Briggs Research And Development

Kristin Rechberger
Advisor Kristin Rechberger Founder And CEO "Dynamic Planet"

Peter McCullagh
Advisor Peter McCullagh Founder And Managing Partner "TenX Ventures Inc"

Anthony Hobley
Advisor Anthony Hobley Chief Executive Officer "Carbon Tracker Initiative"

Brad Yasar
Brad Yasar Founder & CEO of Beyond Enterprise

David Parejo
David Parejo Business Development Manager

Willie Thompson
Willie Thompson Communication Manager

Abyel Mehari
Abyel Mehari Community Manager

Justin Mundy
Advisor Justin Mundy Former Director The Prince’s Charities’ International Sustainability Unit

Brad Yasar
Brad Yasar
Founder & CEO of Beyond Enterprise
Blockchain Architect
Strategy Advisor
Managing Partner of Krowd Mentor
Managing Partner at Krowd Mentor
Founder and Managing Partner KrowdMentor