MFET is a company that is focused on developing blockchain-based projects that aim to measure and reduce carbon footprints. The company’s goal is to involve individuals and companies from all sectors of society in this effort, as it believes that addressing carbon footprint is one of the most pressing issues of our time.

To achieve this goal, MFET has developed a number of projects that are focused on different areas. The MFET Balance project is focused on measuring and reducing carbon footprint in the air, while the Journey project is focused on soil and the Fokai project is focused on water. All of these measurements are stored on low-carbon blockchains, which are secure and scalable thanks to the immutable and distributed nature of blockchain technology.

In addition to these measurement projects, MFET is also involved in decentralized finance (DeFi) through its Regenerative Finance (ReFi) initiatives. One such project is the Balance project, which allows anyone to easily measure their carbon footprint online and contribute to scientific research through the use of decentralized science (DeSci).

To help individuals and companies offset their carbon footprint, MFET has developed the ReForm Smart Contract, which turns MFET tokens into real trees that are planted to offset carbon emissions. The company also has a DeFi project called Stake, which allows individuals to earn MFET tokens by participating in a staking pool that is backed by industrial paulownia forests. These forests are capable of balancing an average of 1.3 million kg of carbon per year, and the tokens earned through the Stake project can be used to offset carbon emissions or traded on the market.

Link: https://mfet.earth/