Economy

    Everyone wants to do nothing and make money. A novel venture capital group under the name of "Single Earth" has just now figured out the way to do that. The best part is you don't have to be part of some Wall Street Hedge fund to do it or part of some Reddit investor subreddit to do it. The goal is to save the planet using tools like blockchain, tokenization, and stock exchange for natural value. The result of this is a nature-backed financial instrument. 

    In my opinion, this article is important to the economy because it helps people make money. Now "dirt-rich" people can make money simply just by owning their land and not doing anything to it. The best part about it is that you don't already have to have a lot of money for it either. It helps generate money for people and they don't have to pay for crews or anything to come out to their land and tear it up for raw materials or sell their land either. This gives people the opportunity to also save the planet at the same time. By doing this, their land kind of becomes like a natural preservation of sorts, but it makes money at the same time and there doesn't have to be tourist attractions, hiking trails, restaurants or rest stops to simply make money. Now the poor don't have to get poorer while the rich get richer. The poor can now get richer. This allows people to now go and capitalize off the money that they have made and invest in the stock market. People can make money which then helps companies make money.


Koetsier, John. “The Stock Exchange of Nature? A Startup Is Tokenizing the Planet to Save It.” Forbes, 1 Feb. 2021, www.forbes.com/sites/johnkoetsier/2021/01/30/the-stock-exchange-of-nature-a-startup-is-tokenizing-the-planet-to-save-it/?sh=54e3bbd35aba. Accessed 3 Mar. 2021.

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